send it.
Coud
- Joined Apr 16, 2021
berachain fixes this
- Edited
Berachain fixes this
Do you plan to bridge back the UST to terra to stake in anchor?
how will the funds be custodial on the terra blockchain??Awesome project olympus would do well to back them
send it
approval for this purposal from me
I love what fiat dao are doingI approve this partnership
Ohm x Klima x GNT
Redacted x ohm
Full support
wouldnt work you could just move around your ohm to multiple wallets!
there is never a right time for everyone, as per OIP 18 im ready for this!
Another step to getting OHM to the masses
Gohm makes alot of sense compared right now due to our expansion phrase
Gohm gives exposure to the market cap only and does away with the complexity of rebasing for technical purposes and exchanges, this would ensure people who are on cex receive their rebase rewards
Also wintermute has to either return the full 750 gohm back or exercise their strike option. If it was just ohm then you could In theory just short sell it and rebuy after 12 months. Gohm prevents this possibility without significant risk
As much as we want ppl in defi, we should aim to cater to ppl in cefi and then let them find their way into defi once ohm becomes more usable in real world
im in favor
Simply YES
- Edited
Thanks for the well written proposal
Abachi aiming to get more buyers into ohm (not just the crypto market) should help us spread our influence across more markets and bring back more value to ohm and the ohmies. You cannot have a reserve currency without having more people join us in adopting it
The way i see abachi is that it could be a source of continual buy pressure for ohm, providing ohm keeps on growing (which im sure we all think we will) then abachi will keep on accumulating ohm
It looks like there is a downside to this if ohm was to decline as abachi would as a last resort need to sell some ohm? please correct me if im wrong abachi
In which case this isnt very different then the 9,9 strategy we ohmies use and i hope/have confidence in the team to manage risk and avoid liquidating any ohm as a last resort.
Luca plus looks like a strong and legit run business, perhaps an AMA could be arrange to ease and highlight the strength of your company to ohmies
Lastly on the buying of abachi for the ohm dao treasury i think its a small amount and its worth the R:R for ohmies
could you also please expand on Provide gOHM-ABI liquidity on Polygon with the 17500 tokens offered to Olympus DAO as a loan until there is enough liquidity. OlympusDAO & Abachi to split LP fees 50%. How long do you think this will be?
Hopefully other ohmies can see the value add in this team and project <3