7 months ago we installed the Sherpa program into the Discord server. Olympus is a complex protocol to understand.
02 Feb 2022, 21:39
7 months ago we installed the Sherpa program into the Discord server. Olympus is a complex protocol to understand. The Sherpas stand as a united front in service of supporting the community and educating the Ohmies on how Olympus works and on the implications of its innovative mechanics. In the time since the Sherpa initiative began, the econOHMy has exploded in terms of users and builders; it's difficult to find a protocol in DeFi that isn’t using Olympus Pro and/or partnered with Olympus in some other capacity.
As the protocol has evolved and the community has grown, there is both more material to understand and a greater number of users trying to understand it. Our team of Sherpas in the Olympus server continues to grow and Sherpa led initiatives such as Learn With Sherpa and the Sherpa Library (SL) Medium Articles (https://medium.com/sherpa-library) have succeeded in getting countless Ohmies up to speed. However, we are constantly striving to increase access to and accessibility of key Olympus resources and educational material.
Today, it is with great joy that we present to you the SL Discord server. Fitted with a sleek ticketing system and an otherwise unassuming, read-only user experience, the SL Discord is designed to function as a focused learning center. Resources are well organized and easy to find. In the case that a visitor can't find what they're looking for, or need further help understanding a concept, our SL Curators are ready to help via the ticketing system. Swing by anytime, the SL library is officially open.
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1Governance OHMGOHM #4961
02 Feb 2022, 21:40
Reward rate adjustment has finished
As discussed in OIP 63, the reward rate adjustment process spanned a period of 4 weeks and is now completed. We want to thank the community for being active and involved with this governance proposal and for keeping the protocol's best interest at heart.
January Policy Report
January's policy report is live on the forum and you can find it on the link below.
Key Notes
• The Policy team implemented a reward rate reduction in line with OIP-63
• OIP-76, “Create Inverse Bond Policy Lever,” was introduced and passed, which added an additional tool for the Policy team: inverse bonds. These bonds will allow OHM holders to sell their OHM at a premium, without affecting the market price and simultaneously increasing backing per OHM
• v2 bonds, which allow for the purchase of bonds that vest in pre-defined periods and pay out in staked OHM (e.g., 14 days)
• The runway has increased due to the reward rate adjustment and is currently 647 days
https://forum.olympusdao.finance/d/294-monthly-policy-reports/9
Reward rate adjustment has finished.
Reward rate adjustment has finished
As discussed in OIP 63, the reward rate adjustment process spanned a period of 4 weeks and is now completed. We want to thank the community for being active and involved with this governance proposal and for keeping the protocol's best interest at heart.
January Policy Report
January's policy report is live on the forum and you can find it on the link below.
Key Notes
• The Policy team implemented a reward rate reduction in line with OIP-63
• OIP-76, “Create Inverse Bond Policy Lever,” was introduced and passed, which added an additional tool for the Policy team: inverse bonds. These bonds will allow OHM holders to sell their OHM at a premium, without affecting the market price and simultaneously increasing backing per OHM
• v2 bonds, which allow for the purchase of bonds that vest in pre-defined periods and pay out in staked OHM (e.g., 14 days)
• The runway has increased due to the reward rate adjustment and is currently 647 days
https://forum.olympusdao.finance/d/294-monthly-policy-reports/9