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EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?

By Darren

Reading Time: < 1 minute
EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?
EP 55: OHM OlympusDAO (3,3) | New Reserve Currency To Replace Bitcoin?

Listen on Google, YouTube, iTunes, Spotify

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!

 

 

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