EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?
An algorithmic stablecoin that is not pegged to $1: How does OHM do it? What exactly are the inner workings in the OHM ecosystem and how can you take part in it? We explain in this episode! Timestamps: 0:00 – Introduction to OHM 0:58 – Classifying $OHM stablecoin 1:30 – OHM's Reserve & Algo mechanism 2:06 – No Peg Stablecoin explained 2:59 – Partial Reserve with DAI 3:30 – Zeus: What is $OHM? 4:05 – Stablecoin Creation 4:43 – Stability Mechanism 5:48 – Zeus: OHM Mechanisms 10:09 – Bonding vs Staking 12:19 – What is (3, 3) ? 14:10 – Utility of $OHM Token 15:02 – $OHM vs $BTC 16:39 – Explaining the Premium in OHM and BTC prices 18:25 – Opinion 21:29 – More resources & how to support us! Want more in-depth content? 1) Support us on our Patreon: www.patreon.com/economicsdesign 2) [Textbook] The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/ 3) Academy: https://academy.economicsdesign.com/ 4) Check out our new research site & dashboard: https://econteric.com/ 5) Newsletter: https://economicsdesign.substack.com/ Connect with us and the ED community: Discord – https://economicsdesign.com/discord Twitter – https://twitter.com/econsdesign Reddit – https://reddit.com/u/economicsdesign