Olympus Dao (OHM) & Rebasing DAOs Explained! (DeFi 2.0)
Olympus DAO (OHM) and other DeFi 2.0 rebasing DAO forks are revolutionizing DeFi by allowing protocols to own their own liquidity! Olympus DAO aims to be a decentralized reserve currency and offers a very high apy to stakers of the OHM token! Many forks of Olympus DAO have popped up on other blockchains, most notably Wonderland TIME on Avalanche. In this video Connor explains how Olympus DAO and other rebasing DAOs work and he also shares the top forks to look into on other networks! Staking OHM or any of its forks like TIME is highly lucrative and rewards passive income with the power of compounding interest! Stay tuned for Connor's next video which will be a tutorial showing you how to stake yourself to earn these rewards!
Learn More About Olympus DAO Here: https://www.olympusdao.finance/
Join The Leserve DAO Discord For Updates & Launch Info: / discord
Timestamps
0:00 Intro
0:53 Marketcap Overview
1:50 Olympus Dao OHM Price
2:29 OlympusDAO Explained
6:54 How Olympus Works
14:40 FAQs About OlympusDAO
17:37 Wonderland TIME vs Olympus OHM
21:29 Closing Summary
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