Olympus DAO: MINDBLOWING DeFi Project!! Is it Legit?!

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  • เผยแพร่เมื่อ 10 พ.ย. 2024

ความคิดเห็น • 262

  • @CoinBureau
    @CoinBureau  2 ปีที่แล้ว +34

    Hope you guys enjoy the video! What are your thoughts on Olympus? Keen to hear! Don't forget that you can follow me on my socials for the content that you are missing here 👉 guy.coinbureau.com/socials/. You may also like my clips channel which has behind the scenes bits and shorter form content th-cam.com/channels/R93yACeNzxMSk6Y1cHM2pw.html

    • @cryptogenik
      @cryptogenik 2 ปีที่แล้ว +1

      Thanks for covering OHM

    • @TrionfoLive
      @TrionfoLive 2 ปีที่แล้ว +3

      if you thought Olympus DAO was interesting project you should check out ROME DAO (Houses of Rome) similar to Olympus DAO but make it GameFi ... Jesse Eckel is actually accruing a house for ROME DAO. Currently being built on MoonRiver Network. V 0.1.0 is coming soon!

    • @Bradbry1
      @Bradbry1 2 ปีที่แล้ว

      Please can you cover MULTI VAC

    • @swiggydude6120
      @swiggydude6120 2 ปีที่แล้ว +2

      At last guy something of interest ohm looks good

    • @678Freelancer
      @678Freelancer 2 ปีที่แล้ว +3

      How about Titano?

  • @danielspagnolo2386
    @danielspagnolo2386 2 ปีที่แล้ว +5

    Good review on Olympus. you should do a review on Klima Dao which uses different Carbon credits brought on-chain as it's treasury with the aim to push up the price of carbon markets and ultimately save our planet

  • @rezataba6204
    @rezataba6204 2 ปีที่แล้ว +8

    My biggest concern is the centralized structure of the backing underpinned. It's NOT upholding the main pillar of this revolution which is DECENTRALISATION.

  • @miniginny911
    @miniginny911 2 ปีที่แล้ว +5

    First explainer on Olympus that I understand. Thanks Guy!

    • @DylanDogecoin
      @DylanDogecoin 2 ปีที่แล้ว

      Were you invested in it already? Or now that you've heard Guy explain it you'll consider buying some/ will buy some? Or no none of the above and do more researchin?

  • @keeegsnz
    @keeegsnz 2 ปีที่แล้ว +5

    Would love to see an update on this project!

  • @410longboarding
    @410longboarding 2 ปีที่แล้ว +8

    Good guy Guy waiting until ohm is closer to backing to release this alpha 👌

  • @ThePHATBASTURD
    @ThePHATBASTURD 2 ปีที่แล้ว +4

    Thank you! My favorite project very excited for the future

  • @krizzay95
    @krizzay95 2 ปีที่แล้ว +5

    Rational goes out the window when shit hits the fan... Anytime you count on "rational traders" to save your new financial instruments in a period of turmoil you count on disaster

  • @chasefoster9091
    @chasefoster9091 2 ปีที่แล้ว +16

    Good summary. Most people do not understand that the “backing price” is not actually a floor. Other OHM forks implemented buybacks when they dropped below their floor, but it just brought their treasury value (aka “floor price”) down lower and lower. No one wins.
    However, now that OlympusDAO is trading below it’s fair value and NOT implementing buybacks, it’s the equivalent of buying a stock who’s cash on-hand is more than it’s market cap.
    It’s been a wild ride for Olympus, but if it can solve dilution problems for stakers, I’m excited for it’s future. Inevitably, more and more people will realize the value of Protocol-Owned-Liquidity, but OHM will have to establish itself as the peg of DeFi.

    • @CourageToGroww
      @CourageToGroww 2 ปีที่แล้ว

      The backing price is very clearly defined in the docs....people are just stupid as fuck and thats exactly why the market is tanking!

    • @DavidRodriguez-dy1er
      @DavidRodriguez-dy1er 2 ปีที่แล้ว

      Wrong the team wins by siphoning out their commission every rebase

    • @Cd1988B
      @Cd1988B 2 ปีที่แล้ว

      Well the apy has been dropped substantially. I think non degen apes get this well wnougb and are counting the days ohm apy reaches 10%

  • @rosuewalford7767
    @rosuewalford7767 2 ปีที่แล้ว +3

    I think Jade Floor Price Buy Back Bot is a very interesting stable coin fork of ohm, but ohm will always be the safest option for innovation, Hector is also a very interesting project as well

  • @chadgarber
    @chadgarber 2 ปีที่แล้ว +6

    I’ve been waiting for you to talk about this! Looking forward to your wonderland video!

  • @robertmazurowski5974
    @robertmazurowski5974 2 ปีที่แล้ว +11

    I am 80 percent down on it, but not going anywhere I knew the risks. In 2 years the treasury could be worth a lot more.

  • @TheOGAmigos
    @TheOGAmigos 2 ปีที่แล้ว +7

    Nice video . I just picked up a bag NFA but it’s looking like ADA 2017 or Bitcoin 2012 after it’s first dump.

  • @arnold-moger
    @arnold-moger 2 ปีที่แล้ว +6

    People are going to regret not buying when Ohm is back to $1000+!!!

  • @DigSuccess
    @DigSuccess 2 ปีที่แล้ว

    Man your channel has grown so much - congrats ! Come to the states - nyc one day.

  • @profiAcc
    @profiAcc 2 ปีที่แล้ว +1

    hands down the best crypt news and info. I trully belevie in olympus dao, future will thell if I was right

  • @chaitiger9192
    @chaitiger9192 2 ปีที่แล้ว +1

    Ohmie here and hodling on with faith in the team and tech

  • @markippolito3620
    @markippolito3620 2 ปีที่แล้ว +3

    Great update on OHM

  • @arnold17
    @arnold17 2 ปีที่แล้ว

    Been waiting for this

  • @ioannistsile4221
    @ioannistsile4221 2 ปีที่แล้ว +4

    I was waiting this video for a long time

  • @tasiaziz1
    @tasiaziz1 2 ปีที่แล้ว +5

    Love the detailed analysis as always... Love the channel plz keep coming with more exciting and informative topics.

  • @Malya720
    @Malya720 2 ปีที่แล้ว +4

    Educational indeed!! How does this compare with MNT? Minterest project?

  • @panic_seller
    @panic_seller 2 ปีที่แล้ว +4

    Let's start with the fact that Olympus has achieved More Than 1000% APY over a year, people doubted that 100% apy is even possible. And from their docs you can clearly see they explained the price of ohm would go down over time and they're tryimg to bring in revenue from other sources as well. But like every other crypto, you need to be careful as always

    • @omarfarique6304
      @omarfarique6304 2 ปีที่แล้ว +1

      It became so highly inflationary than the APY has no benefits.

    • @rogueninja185
      @rogueninja185 2 ปีที่แล้ว

      @@omarfarique6304 Exactly.

  • @galatasarayca
    @galatasarayca 2 ปีที่แล้ว +3

    Finally - You are the Crypto god my man

  • @hammerboltjoe5767
    @hammerboltjoe5767 2 ปีที่แล้ว +3

    A+ content yet again. Keep up the good work.

  • @charischr5469
    @charischr5469 2 ปีที่แล้ว +3

    Thank you for this episode ! I was expecting it for a long time as i admire a lot your work and wanted to hear your opinion on OlympusDAO ! thank you Guy

  • @littlejoelgriffo2
    @littlejoelgriffo2 2 ปีที่แล้ว +8

    This video is 6-8 months too late.. I was commenting on all coin bureau vids asking for a video on ohm/time! Love your stuff though Guy

    • @immy00
      @immy00 2 ปีที่แล้ว +2

      solid projects will bounce back.

  • @khengw1174
    @khengw1174 2 ปีที่แล้ว +2

    Great video! Can you cover which launchpad is the best or worst?

  • @andreigheorghe3135
    @andreigheorghe3135 2 ปีที่แล้ว

    SAFUU is an improvement of Olympus. You really need to make a video on it

  • @richrace5310
    @richrace5310 2 ปีที่แล้ว +5

    Its really weird that someone created a cryptocurrency that mimics the functionality of the US dollar- and then 50% of the people claim its a ponzi scheme.....

    • @codybarr4143
      @codybarr4143 4 หลายเดือนก่อน

      It's weird is that they didn't actually associate the Ponzi scheme to the US dollar

  • @draxsus2210
    @draxsus2210 2 ปีที่แล้ว +2

    Amazing video thank you! Wanted to recommend a position exchange video thanks!

  • @crazydaysss2546
    @crazydaysss2546 2 ปีที่แล้ว +2

    Interesting thanks. Did you have any chance to research Velas?

  • @josefinenordgren4052
    @josefinenordgren4052 2 ปีที่แล้ว

    Amazing as always!!! Thank you :)

  • @gabrielbruzzi1962
    @gabrielbruzzi1962 2 ปีที่แล้ว +3

    Hello GUY, I will only use RUMBLE for obvious reasons. I think I found you over there.

  • @anemandaane5183
    @anemandaane5183 2 ปีที่แล้ว

    Yay good topic thanks

  • @barbrarobinson7077
    @barbrarobinson7077 2 ปีที่แล้ว +1

    Great video, liking the concept of a financial experiment! How about a video on the $Drip Community?

  • @psylocibeboobensis5978
    @psylocibeboobensis5978 2 ปีที่แล้ว +4

    As always, the Guy gives some ood objective info. I'd keep my eye on the project, ready to throw some usdt into it

  • @lazyprius7172
    @lazyprius7172 2 ปีที่แล้ว

    Majority of rebase tokens have 1$ backing per token. Now there are some better alternative tbh, Like Oracle Finance witch is backed by its treasury, which is the total number of stablecoin in treasury corresponding to one ORCL token

  • @B-isfor
    @B-isfor 2 ปีที่แล้ว

    Love Olympus, the bearmarket brings down the underlying assets that Ohm is build on.
    In time when the market shakes of the winter snow then the underlying assets will grow, as a result from that the price of Ohm will go up.
    The question of a rug pull is possible for now they had there chance in the end of 2021, it is never for sure.
    Crypto wild west

  • @Sethereum
    @Sethereum 2 ปีที่แล้ว +1

    Best Olympus DAO video out there... Great work!

  • @jackmehoff1660
    @jackmehoff1660 2 ปีที่แล้ว +2

    You should do Tomb next

  • @HassanAAAhmed
    @HassanAAAhmed 2 ปีที่แล้ว +2

    I always enjoy the rhymed intro 😂

  • @SOULARFLAIR
    @SOULARFLAIR 2 ปีที่แล้ว +2

    Really good summary 👍

  • @mackycueco
    @mackycueco 2 ปีที่แล้ว +2

    Is there a video about Quant (QNT)??

  • @infokaal
    @infokaal 2 ปีที่แล้ว

    Great information

  • @mauriciorosales1259
    @mauriciorosales1259 2 ปีที่แล้ว +3

    I though my TIME was safe not that long ago.

  • @zk23
    @zk23 2 ปีที่แล้ว

    Great review. Can you please do one for Klima Dao. So many have no idea it exists

  • @AbdulJabbar-lf5vt
    @AbdulJabbar-lf5vt 2 ปีที่แล้ว

    Please make a videos on each category with top 5 or 10 coins for long term investment....Like Metaverse, Web 3.0, Layer 1, Layer 2 and DeFi....something like that..you could do this as a series....also you can include high potential new projects under each category....

  • @saunatalks1949
    @saunatalks1949 2 ปีที่แล้ว

    DOVU ($DOV) is a great crypto carbon project and will be announcing public staking by mid May 2022.

  • @gilvarela5925
    @gilvarela5925 2 ปีที่แล้ว +1

    Hey Coin Bureau, hope u are ok, can u make a video about Vader Protocol? The 3 best defi projects in one :)
    Thanks!

  • @sKprmAN
    @sKprmAN 2 ปีที่แล้ว

    Thanks Guy

  • @MS-do6ef
    @MS-do6ef 2 ปีที่แล้ว +2

    GUY , always great material , keep up the great work , love the show .

  • @JayFeldis
    @JayFeldis 2 ปีที่แล้ว +1

    Good video as usual. I would like to know more about ohm tokenomics and why the price collapsed recently

  • @Shadowbann3d
    @Shadowbann3d 2 ปีที่แล้ว +4

    Are you going to be covering Pulsechain / Pulse X at any point? Would be interested to see your coverage of these projects.

  • @ezohn
    @ezohn 2 ปีที่แล้ว +1

    one of your best video....your work is amazing. thanks

  • @Tcchatting
    @Tcchatting 2 ปีที่แล้ว +42

    olympus is definitely a groundbreaking protocol. a lot of the FUD will reduce with time and the ecosystem seems to be growing hugely. definitely one to watch. thanks for making the vid guy!

  • @russberg900
    @russberg900 2 ปีที่แล้ว +4

    One of the best videos ever!

  • @PutTheCookieDown
    @PutTheCookieDown 2 ปีที่แล้ว +18

    From a drop of 1400+, then second peak of 1,300+ peak to 45$ now that relies on new investors.. yea doesn’t sound like a ponzi to me at all.. /sarcasm

    • @johnv5156
      @johnv5156 2 ปีที่แล้ว

      Ok skippy. lmfao

    • @JULO-I
      @JULO-I 2 ปีที่แล้ว

      ok then m8 lolz

  • @lukemckee9772
    @lukemckee9772 2 ปีที่แล้ว +6

    3.3 was good, but 6.6 was degenerat

  • @bambobambolot5433
    @bambobambolot5433 2 ปีที่แล้ว

    thumb up and im starting to watch

  • @JirkaFiala
    @JirkaFiala 2 ปีที่แล้ว +1

    Wow Guy, you made my day!

  • @shahidkhan95511
    @shahidkhan95511 2 ปีที่แล้ว +2

    want video on Polkadot projects to invest in early days

  • @rjdowning
    @rjdowning 2 ปีที่แล้ว

    I need that T-shirt. Where can I buy one?

  • @gabecrawford1978
    @gabecrawford1978 2 ปีที่แล้ว +2

    still staking my OHM.

  • @dominikhell6118
    @dominikhell6118 2 ปีที่แล้ว +7

    Wow actually quite disappointed in this one guy! You left out an insane amount of stuff on the Olympus Roadmap

    • @rickydas9779
      @rickydas9779 2 ปีที่แล้ว

      Roadmap of Ponzi schemes ?

  • @skaterfugater
    @skaterfugater 2 ปีที่แล้ว +6

    17:00 wow so a team making a crypto currency just assume that the investor will alwas do the rational thing.
    you kidding?

    • @johnv5156
      @johnv5156 2 ปีที่แล้ว

      hahaha ok skippy

  • @cryptonft1491
    @cryptonft1491 2 ปีที่แล้ว

    Thanks : )

  • @killzoomer
    @killzoomer 2 ปีที่แล้ว +1

    Ohm my Zeus! Sounds exciting!! 💜

  • @galatasarayca
    @galatasarayca 2 ปีที่แล้ว

    Guy - they passed a recent proposal - that addresses one of ur issues - they also have a ohm university called sherpa on discord

  • @atlantisrising9437
    @atlantisrising9437 2 ปีที่แล้ว

    Hello, will you please tell me where I can access the video or article that shows your current crypto holdings? Thank you so much!!

  • @abusiness7450
    @abusiness7450 2 ปีที่แล้ว

    2nd, I have Sohm I need to watch this

  • @TristanRega
    @TristanRega 2 ปีที่แล้ว +2

    Daruma on nervos ckb blockchain you might want to check out!

  • @dimethyltryptamine8233
    @dimethyltryptamine8233 2 ปีที่แล้ว

    We love you guy

  • @larkduke
    @larkduke 2 ปีที่แล้ว

    Have you done one on pulsechain HEX?

  • @MrZed4life
    @MrZed4life 2 ปีที่แล้ว

    Please do a video on Moonbeam and Astar

  • @afshinyegan9166
    @afshinyegan9166 2 ปีที่แล้ว +2

    Not mentioning inverse bonds and gOhm shows that your research is not up to date.

  • @zaggedout
    @zaggedout 2 ปีที่แล้ว

    the wonderland incident ...

  • @121mane
    @121mane 2 ปีที่แล้ว

    Please put review of TIME - Wonderland

  • @christopherjohnson2375
    @christopherjohnson2375 2 ปีที่แล้ว +2

    I have lost money in every DAO save Midas. Timing is everything
    I have a small position in OHM.

  • @mbs4047
    @mbs4047 2 ปีที่แล้ว +1

    Sir, Please make a video on Top Web 3 projects.

  • @md.zakirbinhydra993
    @md.zakirbinhydra993 2 ปีที่แล้ว

    You are the best 🙂

  • @staffofficertodgp9942
    @staffofficertodgp9942 2 ปีที่แล้ว

    Pls also make a video on Wonderland

  • @vichub2
    @vichub2 2 ปีที่แล้ว

    Waiting for Kadena insights from coin bureau 😀

  • @Kyle-ss1zt
    @Kyle-ss1zt 2 ปีที่แล้ว +6

    If OHM is a governance token then you can vote to spend the treasury on yourself right? Thats a use case

  • @riddhidev
    @riddhidev 2 ปีที่แล้ว +2

    Ohm forks are ok, but rebase trading and ever increasing inflation proved to be their doom. Titano forks and Tomb Forks are where it's at now.

  • @latexalina
    @latexalina 2 ปีที่แล้ว +3

    97.2% down from ATH, trading below backing price, revenue from bonds selling etc does nothing for the price of token. Slow rug pull. Thanks for playing

    • @paulpaulsen3357
      @paulpaulsen3357 2 ปีที่แล้ว +2

      Would you ever considered that 900 apy / like 45$ entry price could be a good deal ?

  • @marleysmith2856
    @marleysmith2856 2 ปีที่แล้ว

    Do a video on orion protocol please🙏🏼

  • @brenod6199
    @brenod6199 2 ปีที่แล้ว +1

    This project still looks too good to be truth for me. Lets see If I am wrong about It.

  • @outscoresports
    @outscoresports 2 ปีที่แล้ว

    Guy is my favorite rapper

  • @rohanthorat4282
    @rohanthorat4282 2 ปีที่แล้ว

    Guy totaly Slam dunked todays Rhymes. Oof.

  • @christopherjohnson2375
    @christopherjohnson2375 2 ปีที่แล้ว

    Please cover StrongBlock

  • @mirae1296
    @mirae1296 2 ปีที่แล้ว

    When you ask to the folks , I ‘m like you are always right GUY ,, my answer is what’s yours 😃😅

  • @JollyGreen90
    @JollyGreen90 2 ปีที่แล้ว

    So you can buy OHM, make money staking OHM but can’t sell your OHM rewards. Sounds to risky to me. See I would like to put in 1k but if I don’t have the option to sell OHM and withdraw my money to be allocated elsewhere why would I…

    • @cnote3598
      @cnote3598 2 ปีที่แล้ว

      wht are you talking about? You can sell ohm. are you high? You swap it for Ethereum. Done. You buy it with Ethereum. lol

    • @JollyGreen90
      @JollyGreen90 2 ปีที่แล้ว

      @@cnote3598 jeez relax. I didn’t know..now I do. Thanks for answering my question. Better go change your shorts and smoke one yourself. good luck.

    • @cnote3598
      @cnote3598 2 ปีที่แล้ว

      @@JollyGreen90 you can gOHM in other ways apparently .. by passing the gas fees .. sry, was just saying.. you made it seem like you're stuck with it lol any coin you buy can be sold, otherwise, why buy it?

  • @khalidlund5406
    @khalidlund5406 2 ปีที่แล้ว +1

    Once again thank you for education and experience love you guy can we talk

  • @Ivobe2
    @Ivobe2 2 ปีที่แล้ว +2

    Im 95% down, so no, not really hyped about it :)

  • @schlast8311
    @schlast8311 2 ปีที่แล้ว

    in the light of recent events, if there is a way to effectively short ohm and profit from this, then this project is fked.

  • @zentat
    @zentat 2 ปีที่แล้ว +2

    Not sure why you mentioned the Bitfinex thieves .. but .. overall, very well researched.

  • @deepapo
    @deepapo 2 ปีที่แล้ว +1

    Update vid for Litentry?

  • @rameshwarsable2125
    @rameshwarsable2125 2 ปีที่แล้ว

    Please research on VIDT datalink token plz.. And make a video on it plz..

  • @Dadandlad01
    @Dadandlad01 2 ปีที่แล้ว

    So what's happening with the Xues token? Rumurs of a rug