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Olympus

Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market Sentiment

Olympus, like other DeFi projects, relies on smart contracts instead of intermediaries to provide financial services to users. Its goal is to create a stablecoin backed by crypto instead of fiat currencies like the U.S. dollar, which users can in turn stake for currently offered annualized returns of 7,800%. Source link … [Read more...] about Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market Sentiment

Olympus DAO Might Be the Future of Money (or It Might Be a Ponzi)

Yes, it’s a Ponzi scheme. But who cares? So are the dollars in your pocket.If you haven’t heard about it, Olympus DAO is a decentralized finance (DeFi) protocol whose primary use case seems to be “making people extremely angry.” Skeptics argue that its core functionality – a staking scheme currently yielding over 7,000% APY via new OHM token mints – is unsustainable to the … [Read more...] about Olympus DAO Might Be the Future of Money (or It Might Be a Ponzi)

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Recent Posts

  • More Kaspa (KAS) FPGA and ASIC Miners are Coming on the Market
  • Get Ready for Mining IronFish (IRON) In Time for the Mainnet Launch
  • Kaspa (KAS) Has Tied with Ethereum Classic (ETC) Among HiveOS Miners
  • New lolMiner 1.70 and BzMiner v13.4.0 Bring More NEXA Performance Improvements
  • SRBMiner-MULTI v2.2.0 Released with Dynex Mining Support for AMD, Nvidia and Intel GPUs

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