Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The increase in bond sales and LP fees contributes to treasury revenue, secures liquidity, and aids in managing the OHM supply effectively. This influx of treasury funds not only enhances the treasury balance but also supports the backing of outstanding OHM tokens and regulates the staking APY. Olympus is meticulously constructed with a focus on the long-term viability of the protocol. Each OHM minted for staking rewards is underpinned by a reserve from the treasury, ensuring stability. As OHM is minted and distributed for staking rewards, the overall staking dynamics are influenced; with more OHM staked, the APY may decrease, but this also elevates the price of OHM, establishing a protective equilibrium for investors. Furthermore, Olympus’s ownership of nearly all its liquidity plays a crucial role in sustaining price stability and generating treasury income. Through protocol-owned liquidity, Olympus safeguards itself against volatile and adverse market conditions, benefiting from its design's durability and efficiency. In essence, this strategic approach fosters a resilient ecosystem that prioritizes both investor security and sustainable growth.
Description
Secure early access to both public and exclusive token sales at a reduced price prior to their official market launch. By staking PKF, LP-PKF, or joining other appealing staking pools associated with IDO projects on Red Kite, you can achieve significant returns. Additionally, by locking KSM to support PolkaSmith, you have the opportunity to earn token rewards while contributing to their success in the Kusama parachain auction. We meticulously select projects, conducting thorough assessments of the project team's background, the legitimacy of their initiatives, the innovation they bring, and their capability to realize their goals. Red Kite accommodates pools on Ethereum, BSC, and Polygon, while also experimenting with Polkadot pools on the PolkaFoundry testnet, aiming to establish itself as the pioneering launchpad on Polkadot with diverse pool types and flexible whitelist criteria. Our automated bot system continuously tracks participant behavior to assign reputation points, which influence each participant's tier and their eligibility for future launches. This systematic approach not only enhances project integrity but also fosters a more engaging environment for investors.
API Access
Has API
API Access
Has API
Integrations
MetaMask
WalletConnect
BNB Smart Chain (BSC)
Binance Web3 Wallet
Coinbase Wallet
DeepDAO
Ethereum
Exponential DeFi
Polkadot
Polygon (Matic)
Integrations
MetaMask
WalletConnect
BNB Smart Chain (BSC)
Binance Web3 Wallet
Coinbase Wallet
DeepDAO
Ethereum
Exponential DeFi
Polkadot
Polygon (Matic)
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Olympus DAO
Founded
2020
Website
www.olympusdao.finance/
Vendor Details
Company Name
Red Kite
Website
redkite.polkafoundry.com