About Olympus v1

Olympus is a blockchain protocol designed to create a reserve currency that supports the expanding Web3 ecosystem. Its goal is to develop a neutral currency that encourages adoption of DeFi and Web3 technologies. Managed by OlympusDAO, the platform involves community-driven decision-making and development. The core component is the OlympusDAO, a decentralized group of community members responsible for proposing and voting on protocol changes. It includes the Olympus Governance Council (OGC), which handles off-chain operations. Key roles within the protocol are Stakers, who lock up OHM to help stabilize the ecosystem and earn rewards, and Bonders, who purchase assets at discounted rates via bonds to bolster liquidity and reserves. OHM, the native token, is used to preserve purchasing power,...