AlJan

  • May 25, 2022
  • Joined Apr 18, 2021
  • Although we've all heard that BeraChain is coming for some time now, I would like to see more information if Olympus will invest such a large allocation in it. For example, who is the team behind BeraChain, how far along are they to a working product, other partners until now, a whitepaper or documentation to get more information. Or am I crazy to ask for such things?

    Without these then it seems like a risky seed investment to be made by a reserve currency imo. Ohmies that are not in the bera community should be able to find out what this is all about if they see $500k of treasury assets being put towards it.

    It would be nice to see discussion on these posts instead of repeated posts saying 'Berachain fixes this'…

    • Wonderful, let's make OHM available everywhere! Will it be possible for us to bridge either OHM or sOHM? Any idea if Zapper will allow us to for example zap DAI directly to the Sushi Pool on arbitrum?

    • Way to soon, too many good things going now to chance it on such a play.

    • If the stake, rebase, unstake and sell is actually still a problem, then I think 1 day warmup period would be enough to solve it, seeing as to how much the price can fluctuate in one day.
      As mentioned in some posts then the UI experience will be important so new stakers will understand they are still gaining rewards during that time. It could even have a note saying that the reason for it is to discourage people from staking and immediately unstaking/selling after a rebase.
      Also wonderying if locked staking with boosted rewards will help solve it…

    • The idea is wonderful, but also the question if our sOHM continues collecting rebases while being used as collateral?