Climbing Mount OlympusDAO: An Experimental Free Floating Algorithmic Currency

After a long climb up Mt Olympus, you take a deep breath as you enter the halls of Olympus DAO. You’ve heard the rumors of a mythical figure inscribed into the legendary walls of Olympus, carved by Zeus himself. It’s finally time to uncover the truth. Your inner ape starts to scream and your fingers tingle with the adrenaline-inducing rush of degeneracy. The rumors didn’t lie.

90,000% APY.

Source: https://olympusdao.finance/#/stake as of 31 May 2021

How is this possible and what’s really going on?

In this report, I cover Olympus DAO’s purpose, design, traction, and future plans. I also elaborate on why I believe Olympus DAO is running some of the most interesting and exciting experiments in game theory and incentives design right now.

Mount Olympus