I’m not changing my Twitter bio yet, but I’m definitely on team $OHM now. A tool that could significantly improve the funding, ownership, and stability of every crypto project in the future. It’s one of the best investments you could have made this year.īut Olympus is also building something insanely cool that the crypto community desperately needs. They’ve grown 25x in the last six months. They’re a top-5 DeFi protocol by market cap. Olympus is at a 2b market cap without being listed on any centralized exchange. Is the price inflated by the Cult of $OHM? Almost definitely. It might be one of the most important DeFi protocols ever built. After months of writing it off, I finally dug into what was going on, and god damn it is a brilliant product. So when I kept hearing about $OHM from the “Ohmies,” with “(3,3)” in their twitter handles and saw the ridiculously high APY on the Olympus site, I just assumed it was another ponzi coin with unusually good community and memeing skills.īut I was wrong. When a crypto project has a cult-like following and super high APRs, I usually take that as a sign it’s some kind of scam.
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