Olympus DAO and its Working: An Overview

Defi Development Services03 Mar, 2022Web Development

Olympus is a decentralized reserve currency protocol that is based on the OHM token. It was launched in May 2021 with a goal to build community-owned DeFi infrastructure and bring more transparency and stability in the financial space. Olympus tokens are backed by a basket of assets in the Olympus treasury. Since its launch, the OHM token has collected a humongous treasury balance and locked huge value in its staking pool.