EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?
An algorithmic stablecoin that is not pegged to $1: How does OHM do it?
What exactly are the inner workings in the OHM ecosystem and how can you take part in it? We explain in this episode!
Timestamps:
0:00 – Introduction to OHM
0:58 – Classifying $OHM stablecoin
1:30 – OHM's Reserve & Algo mechanism
2:06 – No Peg Stablecoin explained
2:59 – Partial Reserve with DAI
3:30 – Zeus: What is $OHM?
4:05 – Stablecoin Creation
4:43 – Stability Mechanism
5:48 – Zeus: OHM Mechanisms
10:09 – Bonding vs Staking
12:19 – What is (3, 3) ?
14:10 – Utility of $OHM Token
15:02 – $OHM vs $BTC
16:39 – Explaining the Premium in OHM and BTC prices
18:25 – Opinion
21:29 – More resources & how to support us!
Want more in-depth content?
1) Support us on our Patreon: www.patreon.com/economicsdesign
2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/
3) Academy: https://academy.economicsdesign.com/
4) Check out our new research site & dashboard: https://econteric.com/
5) Newsletter: https://economicsdesign.substack.com/
Connect with us and the ED community:
Discord – https://economicsdesign.com/discord
Twitter – / econsdesign
Reddit – / economicsdesign
Spotify Podcast – https://spoti.fi/3wzDbXt
Google Podcasts – https://bit.ly/ED-podcast
Disclaimer
This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results.
#economicsdesign #tokeneconomics #tokenomics #DeFi