Mark11
Right, so there is an issue in us making the opposite token of our pair 3CRV for gas reasons. Hence, with the proposal of ohm3CRV, we will create a liquid wrapper for 3CRV with a 1:1 peg which is managed by the SubDAO. This allows us to retain the reward benefit and create a new form of PCV which we can then further deposit the collateral on places like Convex to generate more yield. As the policy team of Olympus clearly states they do not want to get into the business of centralized stables, this will be an iniative that we lead and will redirect all fees back to Olympus as a sign of good faith, diversify their revenue streams, help fund their curve iniatives, and to further extend our relationship on-chain.