Absolutely yes for a partnership with a team already close to Olympus.
Will let the policy team discuss and comment the terms of the token swap before any comment on this part.
Absolutely yes for a partnership with a team already close to Olympus.
Will let the policy team discuss and comment the terms of the token swap before any comment on this part.
Yes!
Gigabrain stuff here. All for it.
From their latest post "Put another way, if FIAT makes it easier for your stablecoin / reserve currency / native asset to denominate debt, then you are now that much closer to your goal of serving as a medium of exchange."
Its a yes from me
Olympus DAO x FIAT DAO lets do it
The benefit of this partnership is clear. It's one of the most promising ones for the expansion of a symbiotic ecosystem.
The idea of OHMptions is brilliant! It will be a great usage meanwhile the bond in the maturity stage.
May i know how FIAT DAO will utilize the swapped OHM?
asincuka We're currently pairing FDT against gOHM, and so the naked OHM in this agreement would be used to set up protocol owned FDT/OHM liquidity.
Would benefits both projects. I Say yes.
Definetly approved. The benefits are clear
"Olympus will provide 0.5% FDT supply worth of OHM vested immediately to Fiat DAO. "
What is the amount of OHM for this swap?
Jawesome That would be the equivalent of 5M FDT, which is currently worth around $1.5M (CoinGecko is on the fritz, we're reporting the Sushiswap value here: https://app.fiatdao.com/rewards).
So, around 7,000 OHM.
If I knew nothing else just the quality of the proposal justifies moving forward. However I also know this is representative of the thought, planning and foresight that has been invested into the FIAT DAO project itself. Fully support an expanded relationship between the two DAOs. (full disclosure I am also a holder/staker of FDT)
Love it. OHMptions are a thing of beauty. I fully support this proposal. Looking forward to the AMA next week.
Big fan of Fiat Dao. I believe this collaboration could go a long way.
Who would be building OHMptions ? Fiat or Olympus ?
great to see FiatDAO working on this. full support
Go, Go, MAX. Make us millionaires!
This will unlock insane benefits for the growing Olympus econohmy.
Makes perfect sense. Lets do it!
do it please