One Month of Olympus Pro (đ±,đ±)
Keep on bonding Chads!
Greetings 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 donât 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 âHow to acquire discounted $THOR with OHM Pro bonds (đ±,đ±)â
- To read further about Olympus Pro visit Olympus Dao x THORSwap (đ±,đ±
- To understand how THORSwap utilises OHM Pro to contribute towards THORChainâs network stability: How THORSwapâs 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 đ. Keep on bonding and if you havenât thenâŠâŠ..
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
To participate visit THORSwapâs Partner page on Olympus Pro.
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 THORChainâs Network Stability and THORSwapâs growth!
Spread the message, spread (đ±,đ±) and you shall be a Chad bonder!
About THORSwap
THORSwap is the leading multi-chain, decentralized exchange (DEX) platform powered by THORChain. Perform cross-chain swaps in a permissionless, trustless, and non-custodial manner.
Twitter: https://twitter.com/thorswap
Discord: https://discord.gg/thorswap
Website: https://thorswap.finance
THORSwap App: https://app.thorswap.finance
Telegram Announcement: https://t.me/thorswap_ann
THORChads DAO
The home of the THORChad Metaverse, where the community can interact with creative projects like NFTs and games. THORChads.com will act as a creative launchpad, supporting new creative community projects with marketing, dev support, and more.
Discord: https://discord.gg/thorchads
Twitter: https://twitter.com/THORChadsDAO
Medium: https://thorchads.medium.com
Website: https://thorchads.com
OpenSea: https://opensea.io/collection/thorchads
