For newer ohmies (and perhaps even veteran ohmies), what does $3.4m represent compared to the overall treasury? My understanding is that 3.4m is a relatively small amount, but I'm not sure where to find that number. There is more risk in this play, but assuming the relative value is minor, that would be helpful to point out in the proposal. Thanks!

If I'm understanding this correctly, current treasury is valued at ~141.9m so with 3.4m we would be putting 2.4% on Arbitrum?

Great proposal, Arbitrum is great but have you guys considered Fantom? After trying out a couple of EVM compatible chains, FTM by far offered the smoothest experience. Fantom has:

  • 1 second confirms and finality. Negligible gas fees too of course.
  • Mature bridges that can transfer funds between ETH and FTM almost instantaneously (multichain.xyz, anyswap.exchange)
  • A recently announced$500m+ dev grant program that's bootstrapping a huge amount of projects and development. Olympus can easily secure over$ 5m extra funding for treasury just having over $10m TVL on FTM.
  • Andre Cronje is the lead consensus architect

Zeus absolutely support this one…

does that mean we can stake on Arbitrum just like we stake on ETH? fees are ridiculous right now and prohibit guppies from playing…if we can stake on Arb then this would open up a whole new field for small fry to play…

    bubbidubb Sorry to hear about all your troubles, sounds hard…

    I’ve had some shitty experiences with DeFi, bridges, scams etc, (such is DeFi n’est pas)…

    All extraneous factors considered and in the context of Zeus’s post above, I feel we are in agreement on the vote. Progress not perfection, I trust the team having positive-developmental reasons for this proposal, which is to always serve the betterment of the DAO, and all OHMies…

    Thanks for your reply 🙂

      maxwellington I also believe Hop.finance's bridge will resolve this, but I'm investigating further.

        Zeus i just noticed something interesting. OIP-26 mentions an OHM-ETH pool which was proposed here. I just went to double check because I thought I might have misremembered it, but there is apparently a typo in with one of the proposals. Either in OIP-26, where it mentions an OHM-ETH pool, or here in Abstract > Complicated > Point 1.

        Thanks for all you do for this project.

          Zeus Take The Wheel… to Arbitrum 👍

          2 months later

          Zeus for sure 100%. When would you guys plan to ship to arbitrum?

              11 days later

              I am very interested in the idea. And I am gonna start right now.
              So I am looking for a developer who can deploy Olympus to Arbitrum.
              Looking for a senior developer with competitive payment.

              10 days later

              Arbitrum for sure! No-brainer and would significantly increase the number of Ohmies that could access us since many are terrified of mainnet's gas fees.

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