How does Olympus work?

In exchange for their deposits, users receive wrapped OHM tokens. These tokens are representations of their stake in the protocol and can be traded, held, or used to access other features within the Olympus DAO ecosystem.

The quantity of OHM tokens that a user receives is determined dynamically based on the total value locked (TVL) in the protocol at that specific moment. As the TVL increases, the number of OHM tokens minted per deposit decreases, creating a scarcity effect that can drive up the token's value.

BTCC, a prominent cryptocurrency exchange, offers a comprehensive suite of services to its users. Among these is the ability to trade a wide range of digital assets, including OHM tokens. Through BTCC, users can access spot trading, futures trading, and manage their digital wallets securely.

Olympus DAO operates on a novel bonding curve model, which is both straightforward and effective in producing consistent returns. This model forms the CORE of its operation, attracting users looking to generate sustainable yield.

To participate in the Olympus DAO ecosystem, users can deposit their digital assets, such as Ether (ETH) or stablecoins, into the protocol. This act of depositing acts as a vote of confidence in the system and its ability to maintain and grow the value of its native token.