One Month of Olympus Pro (🔱,🔱)
Keep on bonding Chads!
Welcome back from Yuletide celebrations and basking in the winter solstice!
You Chads have thoroughly supported THORSwap using Olympus Pro Bonds. For those who don’t know about Ohm bonds, bonding is a mechanism in which a user can sell assets to THORSwap in exchange for discounted $THOR. Users can bond by providing the required Sushi LP tokens (THOR-ETH SLP or RUNE-ETH SLP) or a single asset like ETH.RUNE (ERC20 RUNE).
- To learn how to bond check out “How to acquire discounted $THOR with OHM Pro bonds (🔱,🔱)”
- To read further about Olympus Pro visit Olympus Dao x THORSwap (🔱,🔱
- To understand how THORSwap utilises OHM Pro to contribute towards THORChain’s network stability: How THORSwap’s Incentive Pendulum leads to a more efficient THORChain network
In one month!
At the peak, the total bonded value was $870,917! In just one month THORSwap has acquired nearly $1 million worth of assets! We appreciate you THORChads!
Whilst you guys have received discounted $THOR and 5x Staking Boosts, THORSwap has acquired ATH POL (Protocol owned liquidity):
- $402,315 worth of THOR-ETH liquidity
- $153,041 worth of RUNE-ETH liquidity
- $315,560 worth of ETH.RUNE
This is astonishing! For all those bonders out there, thank you and we shall be adding a little bonus to your THORChad Scores 😉. Keep on bonding and if you haven’t then……..
We need you!
More Chads participating in the bonding program is a win-win-win:
- Chads like yourselves receive $THOR at a discount + receive APY boosts for staking
- THORSwap acquires protocol owned liquidity, improving overall efficiency
- THORChain network becomes more efficient, nodes and LPs benefit more, increasing stability and bonding within the network
Right now, there is an 11.09% ROI bond for ETH.RUNE. This means that for selling ETH.RUNE you will receive THOR at a market rate discount of 11.09% (linearly vested over 7 days). Acquired ETH.RUNE will be swapped for Native RUNE, accelerating the retirement of ETH.RUNE, and can be used to acquire THORChain POL plus many other functions that help network stability!
By participating in Olympus Pro you will be directly contributing to THORChain’s Network Stability and THORSwap‘s growth!
Spread the message, spread (🔱,🔱) and you shall be a Chad bonder!
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