What is Olympus Dao?

If you haven’t heard about it, Olympus DAO is a decentralized finance (DeFi) protocol whose primary use case seems to be “making people extremely angry.” Skeptics argue that its core functionality – a staking scheme with an annual percentage yield (APY) of 7,000% via new OHM token mints – is unsustainable to the point of being fraudulent.

Is Olympus Dao a Ponzi scheme?

Yes, it’s a Ponzi scheme. But who cares? So are the dollars in your pocket. If you haven’t heard about it, Olympus DAO is a decentralized finance (DeFi) protocol whose primary use case seems to be “making people extremely angry.”

How do I trade Olympus V2?

Olympus v2 can be traded using Coinbase Wallet, your key to the world of crypto. Olympus v2 is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms. Coinbase users can earn up to $400 on average just by taking advantage of our rewards.

Will a dao end new token emissions?

A DAO would eventually end new token emissions because there’s no point to continuing them if market participants refuse to buy. With the game concluded and yields halted, suddenly there could be a DAO in charge of a significant share of CRV and CVX, and with governance tokens, that could harness them for income.