Olympus DAO Development

Olympus DAO Development Company

Get into the world of DeFi 2.0 with comprehensive DAO development with Nadcab Labs.

Olympus DAO Development Company

Premier Olympus DAO Development Company

As a top Olympus DAO Development Company, we offer premier Olympus DAO DeFi Development Services and Olympus token creation solutions to our valued clients. Engage our Olympus DAO experts and developers at Nadcab Labs for exceptional results.

What is Olympus DAO?

Olympus DAO is a decentralized autonomous organization dedicated to creating a sustainable and profitable economic model for its native token, OHM. Beyond serving as a financial transaction platform, it offers a comprehensive ecosystem designed to reshape economic principles in the cryptocurrency space. Operating on principles of transparency, community governance, and sustainable growth, the DAO empowers token holders to engage in decision-making processes that shape the protocol’s future.

Olympus DAO Development Company

Olympus DAO Development Addressing the Void in DeFi 1.0

DeFi 1.0 relied on liquidity mining, where platforms rewarded users with native tokens for depositing assets that others could trade or borrow. The problem is that these protocols dilute their token supply in exchange for capital contributions, which are often temporary. Consequently, users deposit their assets, benefit from the protocol, and then withdraw both their assets and rewards, leading to a sell-off of the native token in the market. Liquidity mining is inherently risky in DeFi, as it dilutes a project's token supply and attracts short-term, profit-driven users. Consequently, many new projects are moving away from liquidity mining, a strategy common in DeFi 1.0, and are instead exploring alternative approaches.

Filling the Gaps of DeFi 2.0 - The Olympus DAO Development Path

As a community-driven decentralized financial infrastructure, Olympus seeks to enhance global stability and transparency. Building a DAO like Olympus allows businesses to step into DeFi 2.0 and enjoy a range of benefits. In line with staking mechanisms used in other DeFi protocols, Olympus rewards users based on the quantity of OHM tokens they stake. By offering a high annual percentage yield (APY), Olympus incentivizes supporters and investors to acquire additional OHM from the market or participate more in bonding activities within the protocol. The combination of these factors helps maintain a high OHM price and reduces the need for the protocol to redeem liquidity from the pool.

Olympus DAO Development

Olympus - Addressing DeFi 1.0 Challenges with Access to DeFi 2.0

Olympus is revolutionizing DeFi by overcoming the limitations of DeFi 1.0. It offers advanced solutions to enhance liquidity provider incentives, tackle data congestion and balance decentralization with scalability.

Olympus DAO Development Company

Limited LP Incentives

Many DeFi protocols struggle with offering lasting, practical rewards for liquidity providers beyond just LP token distribution.

Olympus DAO Development Company

Liquidity Lock-Up Risks

Providing liquidity involves locking up funds in a pool, which exposes them to potential value fluctuations and various market risks.

Olympus DAO Development

Data Congestion

High network activity on DeFi platforms can lead to data congestion, slowing down transactions and user experience.

Olympus DAO Development Company

Decentralization Trade-offs

DeFi platforms often compromise decentralization to enhance scalability and security, impacting the core values of blockchain.

Olympus DAO Development Company

Need for Better Oracles

Financial services in DeFi need higher-quality third-party data sources compared to the current Web3 oracles, which often fall short.

The Structure of Olympus DAO

The structure is designed to stabilize the OHM token price relative to the liquidity pool and to provide incentives to investors in a transparent manner.

Olympus DAO Development

Bonding

Bonding acquires liquidity by letting participants exchange assets for discounted tokens, usually involving a lock-up period.
Olympus DAO Development Service

Staking

Staking requires users to lock up tokens to support a protocol’s operations, like validating transactions.
Olympus DAO Development Company

Protocol Owned Liquidity

Protocol-owned liquidity refers to the liquidity accumulated and controlled by the treasury of the protocol.
Olympus DAO Development

Manage Treasury Protocol

Treasury management protocol is the primary system that oversees and handles all assets within the protocol.

How Olympus DAO Enhanced DeFi Ecosystem?


Business professionals believe Olympus DAO innovative strategy will significantly influence the DeFi ecosystem for two key reasons:

OHM token supported by its liquidity

Olympus DAO native token, OHM, is not a stablecoin but is supported by the platform's liquidity mechanism. The token's price increases in line with the platform's growing liquidity. The platform controls the liquidity, allowing the token's value to be set by market dynamics.

Own Your Liquidity with Olympus DAO

Unlike PancakeSwap and Uniswap, which need user-funded liquidity pools and rewards to keep them full, Olympus DAO owns its liquidity assets directly. By using collateralized OHM tokens, it ensures stable liquidity without relying on external traders.

Benefits of Olympus DAO Development

  • APY Insights - Reflecting Rebase and Supply:

    The APYs Olympus offers to reflect the current rebase rate, stakers population and supply levels.

  • Reward Yield - Staking and Rate Effects:

    The reward yield decreases as more people stake; conversely, it increases as the reward rate rises.

  • OHM Staking - Community-Driven Rewards:

    The community has established the degree of OHM staking incentives, which are determined by the overall reward rate.

  • Rebase Mechanism - Align with OHM Growth:

    Stakeholders who join the network benefit from a rebasing mechanism that ensures their holdings grow in alignment with OHM outputs and the overall expansion of the network.

  • sOHM Rebases - Daily Compounding Impact:

    sOHM rebases multiple times throughout the day, producing an effect similar to compound interest. These calculations are variable, and the current rates do not guarantee future returns.

Olympus DAO-style Platform with Nadcab Labs

As a leading DeFi Development Company , Nadcab Labs recognizes the urgent need to embrace DeFi 2.0. With expertise in customizing DeFi protocols, Nadcab Labs has helped numerous platforms launch their businesses and achieve sustainable liquidity. For a DeFi platform similar to Olympus DAO, we provide the following modules:

Olympus DAO Development

Bonding

Bonding lets Olympus acquire liquidity by offering discounted OHM in exchange for assets like LUSD. Bonders get details on price, tokens, and vesting.
Olympus DAO Development

Staking

Staking is Olympus' main value accrual strategy. Stakers deposit their OHM on the Olympus platform to earn rebase rewards.
Olympus DAO Development Company

3,3 Together

3,3 Together is a no-loss prize pool for sOHM tokens. Users stake their sOHM for 6 days, pooling together to earn collective rewards through a lottery system.
learn more

Frequently Asked Questions

Olympus DAO is a decentralized autonomous organization on the Ethereum blockchain that aims to create a stable store of value through its native cryptocurrency, OHM.
This innovative bonding curve model enables tokens to continuously inflate over time, distributing the protocol's trading revenues to holders. It also ensures that early holders are not penalized as the supply expands.
Olympus DAO is a pioneering Decentralized Autonomous Organization built on the Ethereum blockchain. Its primary goal is to create a protocol where its native cryptocurrency, OHM, can flourish and act as a stable store of value.
The Olympus protocol manages and controls its liquidity, enabling it to earn trading fees as a Liquidity Provider. Additionally, it generates revenue from yield farming, which enhances the value of the treasury.
OHM is the native cryptocurrency of Olympus DAO, designed to be a stable store of value.
Bonding involves purchasing OHM at a discount in exchange for reserve assets, which helps increase the protocol's liquidity.
Staking OHM allows users to earn rebase rewards, which are distributed based on the protocol's bond sale proceeds and monetary policy.
3,3 Together is a no-loss prize pool for sOHM tokens where users stake their sOHM for a chance to earn collective rewards through a lottery system.
sOHM rebases frequently throughout the day, creating an effect similar to compound interest.
Nadcab Labs expert developers can contribute by creating new features, improving existing protocols, or integrating Olympus DAO’s technology into other platforms.

Looking for development or collabration?

Unlock the full potential of blockchain technology
and joint knowledge by requesting a price or calling us today.

Head Office
  • Pratapgarh Rd, Barrister Mullah Colony, MNNIT Allahabad Campus, Teliarganj, Prayagraj, Uttar Pradesh 211002
Hyderabad Office
  • 3rd Floor, Oyster Complex, Greenlands Road, Somajiguda, Begumpet, Hyderabad, PIN: 500016, Telangana, India
New Delhi Office
  • A24, A Block, Sec-16 Noida 201301, Uttar Pradesh, India
London Office
  • 23 New Drum Street London E1 7AY
Region:
International
India
Partners Press Meet the team careers

Made with 💗 from India

Copyright © 2024 Naygon Technologies Pvt. Ltd.