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Treasury

For Olympus, the Treasury is a key function of the protocol. The Treasury represents all assets owned and controlled by the protocol. This is also known as Protocol Controlled Value (PCV). The Treasury defines a few internal classifications, and all of them combined represent the budget for various market operations, or the ability to influence OHM.

  • Treasury Reserves, represented per token as liquid backing, this represents a total budget Olympus has for various market operations.
  • Protocol owned liquidity – Deep liquidity is one of the central pillars that make a reserve currency. Liquidity owned by the protocol is a guarantee a liquid market facilitating exchange in both directions exists.
  • Locked, vesting, or other strategic assets

Protocol-owned liquidity (POL)

The concept of POL is an attempt to solve bootstrapping liquidity while avoiding the cost of paying self-interested external liquidity providers – mercenary capital. Rather than renting, Olympus owns its own liquidity.

Without being reliant on external liquidity providers, Olympus can guarantee a liquid market for OHM while establishing a revenue stream from LP fees for the Treasury.

All protocol liquidity adds towards OHM backing – the LP tokens are marked down to their risk-free value for this purpose. You can read more about the rationale behind here.

While Olympus’ POL will always remain crucial to its goal of being a reserve currency, as it matures it will be equally as important to have other market participants who share aligned interests help to make OHM more easily accessible across different exchanges and platforms.

Olympus Pro

Olympus Pro is a bond marketplace for protocol owned liquidity. When users purchase Bonds through Olympus Pro, it allows Protocols to accumulate liquidity to secure longevity and price stability for everyone involved. This makes bonds a mutually beneficial exchange.

Olympus Pro can be a tool for our partner DAOs to pursue other strategies, because Olympus Pro can be used to exchange any two different assets.

Incubator

Olympus Incubator is an initiative to help foster the growth of the Olympus economy, providing value:

  • community bootstrapping
  • exposure and promotion
  • advice and assistance
  • early funding
  • access to our launch and liquidity products
  • early usage of a protocol by Ohmies