General Questions
What is OlympusDAO?
OlympusDAO is a decentralized reserve currency protocol built on Ethereum. It was designed to create a stable, asset-backed currency — OHM — whose value is underpinned by a diversified treasury of on-chain assets. Unlike algorithmic stablecoins, OlympusDAO does not target a fixed peg to any fiat currency. Instead, the protocol utilizes treasury reserves to enable long-term price consistency, reduce volatility, and foster sustainable growth across the DeFi ecosystem.
What is the OHM token?
OHM is the native reserve currency token of OlympusDAO. Every OHM in circulation is backed by a basket of assets held in the OlympusDAO treasury — including stablecoins, liquidity pool positions, and other digital assets. This treasury backing gives OHM an intrinsic, floor value known as "liquid backing per OHM." Unlike most governance tokens, OHM is designed to function as a long-term store of value and a unit of account in decentralized finance, rather than simply representing a share of protocol revenue.
How does the OlympusDAO treasury backing work?
The OlympusDAO treasury holds a diversified portfolio of assets — stable assets, volatile assets, and protocol-owned liquidity. For each OHM in the backed supply, there is a corresponding amount of liquid treasury assets. The "liquid backing per OHM" metric on the dashboard shows this floor value. OlympusDAO governance actively manages how treasury funds are deployed — including through Cooler Loans, liquidity provision on Uniswap, and yield-bearing stable asset strategies — to grow the backing over time.
What is gOHM?
gOHM (Governance OHM) is the index-adjusted, governance-enabled form of staked OHM. While OHM is the base token, gOHM automatically accrues value as the OlympusDAO index grows — meaning that each gOHM represents an increasing amount of OHM over time. The current index (shown on the dashboard) reflects this growth. gOHM is also used as collateral for Cooler Loans and is transferable across supported blockchains including Ethereum, Base, Arbitrum, and Berachain.
What are Cooler Loans in OlympusDAO?
Cooler Loans is a OlympusDAO-native lending product that enables gOHM holders to borrow stablecoins (DAI or USDS) directly from the OlympusDAO treasury. Key features include fixed, predictable interest rates, no liquidation risk as long as the loan is maintained, and direct access to treasury liquidity. This means borrowers are not subject to volatile liquidation events common in other lending protocols. Cooler Loans represent one of the most innovative treasury utilization mechanisms in decentralized finance, and a significant portion of the OlympusDAO treasury is deployed through this product.
On which blockchains is OlympusDAO available?
OlympusDAO is primarily deployed on Ethereum, where its core treasury contracts, Cooler Loans, and governance reside. OHM and gOHM are also bridged to Base, Arbitrum, and Berachain, expanding the protocol's reach across the multichain DeFi landscape. Protocol-owned liquidity pools are maintained on Uniswap V3 across Ethereum, Base, and Arbitrum, as well as on Berachain through Kodiak. Users can bridge tokens using the OlympusDAO Bridge feature available in the main dashboard.
What is Protocol-Owned Liquidity?
Protocol-Owned Liquidity (POL) means that OlympusDAO's own treasury directly holds liquidity pool positions in decentralized exchanges like Uniswap V3. This is distinct from "rented liquidity," where external liquidity providers supply capital in exchange for token emissions. By owning its liquidity, OlympusDAO guarantees that OHM always has deep, reliable trading liquidity without relying on incentivized third-party capital that may exit when rewards decline. POL also generates trading fees that flow back into the treasury, creating a sustainable, self-reinforcing economic flywheel.
How does the OlympusDAO Emission Manager work?
The OlympusDAO Emission Manager is an on-chain module that governs the rate at which new OHM tokens are minted. Rather than relying on fixed emission schedules, the Emission Manager uses dynamic parameters set by OlympusDAO governance to adjust supply growth based on protocol needs and market conditions. This allows OlympusDAO to grow OHM supply in a treasury-backed and sustainable manner, ensuring that each newly minted OHM is matched by corresponding treasury value — preserving the backing per token and the protocol's long-term health.
How can I participate in OlympusDAO governance?
Any OHM or gOHM holder can participate in OlympusDAO governance. The governance process begins with community discussion on the OlympusDAO Forum, where proposals are refined and debated. After forum review, proposals move to an on-chain vote accessible through the Govern section of the dashboard. OlympusDAO governance controls a wide range of protocol parameters including treasury asset allocation, Cooler Loan terms, emission rates, cross-chain deployments, and protocol fee settings. Active participation in governance is encouraged as part of the OlympusDAO community ethos.
Is OlympusDAO audited?
OlympusDAO smart contracts have been reviewed and audited by multiple independent security firms. The protocol maintains a public bug bounty program on Immunefi, offering significant rewards for responsible disclosure of vulnerabilities. OlympusDAO also undergoes internal security reviews before any major contract deployment or upgrade. The combination of external audits, a live bug bounty, and governance-controlled upgrades reflects the protocol's commitment to security and the long-term protection of user funds and treasury assets.
Where can I track OlympusDAO protocol metrics?
All key OlympusDAO protocol metrics are available in real time on the main dashboard at olympusdao-v2.net. You can monitor OHM circulating supply and total supply, liquid backing per OHM, current index, market value of treasury assets, protocol-owned liquidity positions, OHM supply breakdown by chain, treasury holdings by asset and category, and data accuracy status for each blockchain subgraph. Charts covering 7-day, 30-day, 90-day, and maximum historical periods are available for all major metrics.
Ready to explore OlympusDAO?
Visit the protocol dashboard to view live metrics, connect your wallet, and interact with OlympusDAO directly.