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
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!
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
My biggest concern is the centralized structure of the backing underpinned. It's NOT upholding the main pillar of this revolution which is DECENTRALISATION.
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?
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
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.
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
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
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
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.....
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
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
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....
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!
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
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…
@@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?
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
Thanks for covering OHM
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!
Please can you cover MULTI VAC
At last guy something of interest ohm looks good
How about Titano?
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
My biggest concern is the centralized structure of the backing underpinned. It's NOT upholding the main pillar of this revolution which is DECENTRALISATION.
First explainer on Olympus that I understand. Thanks Guy!
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?
Would love to see an update on this project!
Good guy Guy waiting until ohm is closer to backing to release this alpha 👌
Thank you! My favorite project very excited for the future
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
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.
The backing price is very clearly defined in the docs....people are just stupid as fuck and thats exactly why the market is tanking!
Wrong the team wins by siphoning out their commission every rebase
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%
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
I’ve been waiting for you to talk about this! Looking forward to your wonderland video!
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.
Nice video . I just picked up a bag NFA but it’s looking like ADA 2017 or Bitcoin 2012 after it’s first dump.
People are going to regret not buying when Ohm is back to $1000+!!!
sure...
Man your channel has grown so much - congrats ! Come to the states - nyc one day.
hands down the best crypt news and info. I trully belevie in olympus dao, future will thell if I was right
Ohmie here and hodling on with faith in the team and tech
Great update on OHM
Been waiting for this
I was waiting this video for a long time
Love the detailed analysis as always... Love the channel plz keep coming with more exciting and informative topics.
Educational indeed!! How does this compare with MNT? Minterest project?
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
It became so highly inflationary than the APY has no benefits.
@@omarfarique6304 Exactly.
Finally - You are the Crypto god my man
A+ content yet again. Keep up the good work.
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
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
solid projects will bounce back.
Great video! Can you cover which launchpad is the best or worst?
SAFUU is an improvement of Olympus. You really need to make a video on it
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.....
It's weird is that they didn't actually associate the Ponzi scheme to the US dollar
Amazing video thank you! Wanted to recommend a position exchange video thanks!
Interesting thanks. Did you have any chance to research Velas?
Amazing as always!!! Thank you :)
Hello GUY, I will only use RUMBLE for obvious reasons. I think I found you over there.
Yay good topic thanks
Great video, liking the concept of a financial experiment! How about a video on the $Drip Community?
As always, the Guy gives some ood objective info. I'd keep my eye on the project, ready to throw some usdt into it
Majority of rebase tokens have 1$ 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
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
Best Olympus DAO video out there... Great work!
You should do Tomb next
I always enjoy the rhymed intro 😂
Really good summary 👍
Is there a video about Quant (QNT)??
Great information
I though my TIME was safe not that long ago.
Great review. Can you please do one for Klima Dao. So many have no idea it exists
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....
DOVU ($DOV) is a great crypto carbon project and will be announcing public staking by mid May 2022.
Hey Coin Bureau, hope u are ok, can u make a video about Vader Protocol? The 3 best defi projects in one :)
Thanks!
Thanks Guy
GUY , always great material , keep up the great work , love the show .
Good video as usual. I would like to know more about ohm tokenomics and why the price collapsed recently
Are you going to be covering Pulsechain / Pulse X at any point? Would be interested to see your coverage of these projects.
one of your best video....your work is amazing. thanks
olympus is definitely a groundbreaking protocol. a lot of the FUD will reduce with time and the ecosystem seems to be growing hugely. definitely one to watch. thanks for making the vid guy!
One of the best videos ever!
From a drop of 1400+, then second peak of 1,300+ peak to 45$ now that relies on new investors.. yea doesn’t sound like a ponzi to me at all.. /sarcasm
Ok skippy. lmfao
ok then m8 lolz
3.3 was good, but 6.6 was degenerat
thumb up and im starting to watch
Wow Guy, you made my day!
want video on Polkadot projects to invest in early days
I need that T-shirt. Where can I buy one?
still staking my OHM.
Wow actually quite disappointed in this one guy! You left out an insane amount of stuff on the Olympus Roadmap
Roadmap of Ponzi schemes ?
17:00 wow so a team making a crypto currency just assume that the investor will alwas do the rational thing.
you kidding?
hahaha ok skippy
Thanks : )
Ohm my Zeus! Sounds exciting!! 💜
Guy - they passed a recent proposal - that addresses one of ur issues - they also have a ohm university called sherpa on discord
Hello, will you please tell me where I can access the video or article that shows your current crypto holdings? Thank you so much!!
2nd, I have Sohm I need to watch this
Daruma on nervos ckb blockchain you might want to check out!
We love you guy
Dmt
@@ash.toronto31 lol
Have you done one on pulsechain HEX?
Please do a video on Moonbeam and Astar
Not mentioning inverse bonds and gOhm shows that your research is not up to date.
the wonderland incident ...
Please put review of TIME - Wonderland
I have lost money in every DAO save Midas. Timing is everything
I have a small position in OHM.
Sir, Please make a video on Top Web 3 projects.
You are the best 🙂
Pls also make a video on Wonderland
Waiting for Kadena insights from coin bureau 😀
If OHM is a governance token then you can vote to spend the treasury on yourself right? Thats a use case
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.
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
Would you ever considered that 900 apy / like 45$ entry price could be a good deal ?
Do a video on orion protocol please🙏🏼
This project still looks too good to be truth for me. Lets see If I am wrong about It.
Guy is my favorite rapper
Guy totaly Slam dunked todays Rhymes. Oof.
Please cover StrongBlock
When you ask to the folks , I ‘m like you are always right GUY ,, my answer is what’s yours 😃😅
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…
wht are you talking about? You can sell ohm. are you high? You swap it for Ethereum. Done. You buy it with Ethereum. lol
@@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.
@@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?
Once again thank you for education and experience love you guy can we talk
Im 95% down, so no, not really hyped about it :)
in the light of recent events, if there is a way to effectively short ohm and profit from this, then this project is fked.
Not sure why you mentioned the Bitfinex thieves .. but .. overall, very well researched.
Update vid for Litentry?
Please research on VIDT datalink token plz.. And make a video on it plz..
So what's happening with the Xues token? Rumurs of a rug