The Q2 Report is here.

15 Aug 2023, 16:52

📙 The Q2 Report is here! The report provides an overview of OlympusDAO's activities and progress during the second quarter of 2023. Key highlights include: 🔵 Treasury Management: Assets consolidated out of original treasuries, leaving only $100k to be sold into DAI/ETH. Over 1.4 million OHM bought back and burned via the RBS module for $11.4M. Net treasury income was $747k plus lending inflows. 🔴 Policy Updates: Focus on managing volatility via the RBS module and preparing for Cooler Loans launch. RBS buys stabilized price within ranges. Analysis done on implications of Cooler Loans. 🟢 Partnerships: New integrations added for OHM utility, including lending platforms and native Boosted Liquidity Vaults. Cross-chain OHM launched. New grantees bringing products to market. 🟡 Council Updates: Assisted with treasury consolidation, cross-chain efforts, budget adherence, smooth team transitions, and forum migration. Engaged community on Cooler Loans. 🏛️ Governance: Increased engagement, especially around proposed lending facilities. Over 20 proposals voted on. Governance power distribution remained decentralized. 🛣️ Looking Ahead: Groundwork laid for the launch of Cooler Loans, which will bring further iterations to the protocol and DAO. Continued focus expected on decentralization and automation. See the full report 👇