I agree that Olympus needs to have a diversified set of assets across the other major chains - though of course, ETH is home and where the future is ;-)

Absolutely yes. UST is arguably the best decentralized stablecoin in the market and the Terra ecosystem is thriving. Hoping Proteus brings Ohm to Terra.

Yes, this is a no-brainer. This is the type of proposals we like to see in regards to expanding OHM

Adding UST supports further diversification. Additionally, access to the Terra will allow for additional opportunities for investments for Olympus.

Jawesome This is the way. Having worked with the Terra team and the lunatics - Do Kwon and team know what's up. These guys are relentless execution machines and they are in this for the long, long term. Olympus and Terrans are very much aligned. YES all the way.

    This makes a lot of sense. In the right direction as OHM continues to be develop into the decentralised reserve currency of DeFi. Welcome onboard Lunatics!

    Jawesome

    Would be an awesome addition to our Treasury and only helps expand our reach upon other chains.

    A question I may have is that why Terra & not any other cross-chain where liquidity would be in our favor.

      I am all for diversity in cross chains to different currencies. I guess its a matter of complexity for the teams involved to make them as water tight as possible so time would be a factor also. Maybe to many together might leave Olympus and the other chains exposed to hacks etc. So maybe one at a time, integrate well, tested fully as can be. Then move to the next etc.

      I still have doubts on the validity of the UST/LUNA model. But I think the team is passionate enough to keep working on their algostable. I feel Ohm will do quite well on the Terra system. So I feel like UST bonds are a logical next step.

      I think it should be done.

      Luna and UST have shown there stellar assets and definitely having the lunatics on our side is a plus just means more eyes on the DAO and more contributors. Win-win

      UST will be a great addition to the treasury and we should look to add LUNA as well. Lots of upside holding LUNA in the treasury IMO

      Wrap this up and ship it to snapshot. Rinse and repeat for $LUNA and$ bLUNA bonds.🙂

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