100% aligned with this approach and comment about IV of ohm. 3.3% seems like a reasonable starting point.

I'd recommend people take a look at the book Layered Money which talks about the history of reserve currencies and how BTC fits in. BTC & ETH are a perfect fit as Layer0 for Olympus.

A solid asset to back with, I'm in.

  • Nel likes this.

what about other forms of BTC such as renBTC? (maybe its a more decentralized version)

    Solid proposal! I like that if there is a more decentralized option in the future we could swap to it. 100% onboard.

    • Nel likes this.

    Also in favour of this proposal; it's important to diversify the treasury.

    It would be a step in the right direction for the protocol to open things up to BTC. I'm all in favor of this decision.

    • Nel likes this.

    Seems obvious that we should hold some “digital gold”, and while wBTC is not a perfect solution it seems to provide liquidity and flexibility which make it quite compelling. Yes from me.

    cautious with this compromised coin there are some positives with this one as well as negatives

    Absolutely Solid, Lets do this, it will also gain a lot of free advertising and get the word out..

    As you may know me, I am in, when it is about good vibes.
    BTC changed the world. There is no other asset, that gained so much attention during the last years, or lets say: since ever in Krypto.

    We will put a sign out there, to young and old, to people who understood what OHM is going to change in the world of decentralized finance.

    I am in. And at that point I want to say: Thank you. Thank YOU dear reader, for your mental and financial investment into OHM. Thank you dear DAO for making this happen.

    We are the change, that we want to so in this world.
    And what we create at OHM is already changing the world - for each of us, and for all of us.

    Good vibes only from Mexico,
    Alexandros - bike

    definitely good for diversification and getting more well respected/noticed. I'm in.

    This will bring more growth to OHM GO FOR IT!! 😄

    I think overall this will be a valid step forward for the protocol. Bitcoin is never going anywhere, it's still the number 1 asset and as a growing protocol it should be added.

    Bitcoin being added to the treasury was destiny from day 1, so of course I am for it. That said, wBTC is not without risks, but I really appreciate how this proposal addresses said risk and leaves an open path for upgrading to better options in the future. Let's do this.

    I appreciate this first step … and would hope we also persue other decentralized BTC options when available… or even a green wrapped option if it appears for the x2 memetic premium

    100% Do it! The more well known mainstream assets put into the treasury the more reputable the treasury/protocol becomes.