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Difference between revisions of "Olympus DAO"
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On December 30th, 2021 Jordi Alexander posted an article detailing why OHM is a ponzi scheme.<ref>https://medium.com/@game_theorizing/of-smoke-and-mirrors-part-1-117c1f92e186</ref> | On December 30th, 2021 Jordi Alexander posted an article detailing why OHM is a ponzi scheme.<ref>https://medium.com/@game_theorizing/of-smoke-and-mirrors-part-1-117c1f92e186</ref> | ||
By January, Olympus was down 90+% from all-time-highs and general sentiment around the project was grim.<ref>https://thedefiant.io/olympus-under-fire/</ref> The price-decline was mostly attributed to cascading liquidations | By January, Olympus was down 90+% from all-time-highs and general sentiment around the project was grim.<ref>https://thedefiant.io/olympus-under-fire/</ref> The price-decline was mostly attributed to cascading liquidations.<ref>https://www.coindesk.com/markets/2022/01/11/olympus-tanks-30-led-by-liquidations-on-fuse-souring-market-sentiment/</ref> | ||
== Protocol == | == Protocol == | ||