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

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  • Опубліковано 3 лис 2024

КОМЕНТАРІ • 262

  • @CoinBureau
    @CoinBureau  2 роки тому +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 ua-cam.com/channels/R93yACeNzxMSk6Y1cHM2pw.html

    • @cryptogenik
      @cryptogenik 2 роки тому +1

      Thanks for covering OHM

    • @TrionfoLive
      @TrionfoLive 2 роки тому +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 роки тому

      Please can you cover MULTI VAC

    • @swiggydude6120
      @swiggydude6120 2 роки тому +2

      At last guy something of interest ohm looks good

    • @678Freelancer
      @678Freelancer 2 роки тому +3

      How about Titano?

  • @danielspagnolo2386
    @danielspagnolo2386 2 роки тому +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 роки тому +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.

  • @chasefoster9091
    @chasefoster9091 2 роки тому +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 роки тому

      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 роки тому

      Wrong the team wins by siphoning out their commission every rebase

    • @Cd1988B
      @Cd1988B 2 роки тому

      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%

  • @krizzay95
    @krizzay95 2 роки тому +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

  • @rosuewalford7767
    @rosuewalford7767 2 роки тому +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

  • @keeegsnz
    @keeegsnz 2 роки тому +5

    Would love to see an update on this project!

  • @robertmazurowski5974
    @robertmazurowski5974 2 роки тому +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.

  • @410longboarding
    @410longboarding 2 роки тому +8

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

  • @miniginny911
    @miniginny911 2 роки тому +5

    First explainer on Olympus that I understand. Thanks Guy!

    • @DylanDogecoin
      @DylanDogecoin 2 роки тому

      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?

  • @TheOGAmigos
    @TheOGAmigos 2 роки тому +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.

  • @richrace5310
    @richrace5310 2 роки тому +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 місяці тому

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

  • @ThePHATBASTURD
    @ThePHATBASTURD 2 роки тому +4

    Thank you! My favorite project very excited for the future

  • @panic_seller
    @panic_seller 2 роки тому +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 роки тому +1

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

    • @rogueninja185
      @rogueninja185 2 роки тому

      @@omarfarique6304 Exactly.

  • @arnold-moger
    @arnold-moger 2 роки тому +6

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

  • @chadgarber
    @chadgarber 2 роки тому +6

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

  • @Malya720
    @Malya720 2 роки тому +4

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

  • @chaitiger9192
    @chaitiger9192 2 роки тому +1

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

  • @DigSuccess
    @DigSuccess 2 роки тому

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

  • @markippolito3620
    @markippolito3620 2 роки тому +3

    Great update on OHM

  • @profiAcc
    @profiAcc 2 роки тому +1

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

  • @galatasarayca
    @galatasarayca 2 роки тому +3

    Finally - You are the Crypto god my man

  • @crazydaysss2546
    @crazydaysss2546 2 роки тому +2

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

  • @khengw1174
    @khengw1174 2 роки тому +2

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

  • @lazyprius7172
    @lazyprius7172 2 роки тому

    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

  • @charischr5469
    @charischr5469 2 роки тому +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

  • @Shadowbann3d
    @Shadowbann3d 2 роки тому +4

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

  • @afshinyegan9166
    @afshinyegan9166 2 роки тому +2

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

  • @arnold17
    @arnold17 2 роки тому

    Been waiting for this

  • @draxsus2210
    @draxsus2210 2 роки тому +2

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

  • @Tcchatting
    @Tcchatting 2 роки тому +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!

  • @tasiaziz1
    @tasiaziz1 2 роки тому +5

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

  • @ioannistsile4221
    @ioannistsile4221 2 роки тому +4

    I was waiting this video for a long time

  • @andreigheorghe3135
    @andreigheorghe3135 2 роки тому

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

  • @gabrielbruzzi1962
    @gabrielbruzzi1962 2 роки тому +3

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

  • @mackycueco
    @mackycueco 2 роки тому +2

    Is there a video about Quant (QNT)??

  • @zk23
    @zk23 2 роки тому

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

  • @hammerboltjoe5767
    @hammerboltjoe5767 2 роки тому +3

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

  • @littlejoelgriffo2
    @littlejoelgriffo2 2 роки тому +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 роки тому +2

      solid projects will bounce back.

  • @B-isfor
    @B-isfor 2 роки тому

    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

  • @AbdulJabbar-lf5vt
    @AbdulJabbar-lf5vt 2 роки тому

    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....

  • @gilvarela5925
    @gilvarela5925 2 роки тому +1

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

  • @latexalina
    @latexalina 2 роки тому +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 роки тому +2

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

  • @psylocibeboobensis5978
    @psylocibeboobensis5978 2 роки тому +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

  • @barbrarobinson7077
    @barbrarobinson7077 2 роки тому +1

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

  • @skaterfugater
    @skaterfugater 2 роки тому +6

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

  • @Sethereum
    @Sethereum 2 роки тому +1

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

  • @atlantisrising9437
    @atlantisrising9437 2 роки тому

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

  • @lukemckee9772
    @lukemckee9772 2 роки тому +6

    3.3 was good, but 6.6 was degenerat

  • @dominikhell6118
    @dominikhell6118 2 роки тому +7

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

  • @saunatalks1949
    @saunatalks1949 2 роки тому

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

  • @josefinenordgren4052
    @josefinenordgren4052 2 роки тому

    Amazing as always!!! Thank you :)

  • @PutTheCookieDown
    @PutTheCookieDown 2 роки тому +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 роки тому

      Ok skippy. lmfao

    • @JULO-I
      @JULO-I 2 роки тому

      ok then m8 lolz

  • @JayFeldis
    @JayFeldis 2 роки тому +1

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

  • @rjdowning
    @rjdowning 2 роки тому

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

  • @Kyle-ss1zt
    @Kyle-ss1zt 2 роки тому +6

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

  • @shahidkhan95511
    @shahidkhan95511 2 роки тому +2

    want video on Polkadot projects to invest in early days

  • @jackmehoff1660
    @jackmehoff1660 2 роки тому +2

    You should do Tomb next

  • @galatasarayca
    @galatasarayca 2 роки тому

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

  • @mauriciorosales1259
    @mauriciorosales1259 2 роки тому +3

    I though my TIME was safe not that long ago.

  • @riddhidev
    @riddhidev 2 роки тому +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.

  • @JollyGreen90
    @JollyGreen90 2 роки тому

    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 роки тому

      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 роки тому

      @@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 роки тому

      @@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?

  • @christopherjohnson2375
    @christopherjohnson2375 2 роки тому +2

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

  • @anemandaane5183
    @anemandaane5183 2 роки тому

    Yay good topic thanks

  • @russberg900
    @russberg900 2 роки тому +4

    One of the best videos ever!

  • @MrZed4life
    @MrZed4life 2 роки тому

    Please do a video on Moonbeam and Astar

  • @gabecrawford1978
    @gabecrawford1978 2 роки тому +2

    still staking my OHM.

  • @ezohn
    @ezohn 2 роки тому +1

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

  • @btc1668
    @btc1668 2 роки тому +3

    money and currency are one thing. Understand that first.

  • @larkduke
    @larkduke 2 роки тому

    Have you done one on pulsechain HEX?

  • @sKprmAN
    @sKprmAN 2 роки тому

    Thanks Guy

  • @MS-do6ef
    @MS-do6ef 2 роки тому +2

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

  • @infokaal
    @infokaal 2 роки тому

    Great information

  • @HassanAAAhmed
    @HassanAAAhmed 2 роки тому +2

    I always enjoy the rhymed intro 😂

  • @Dadandlad01
    @Dadandlad01 2 роки тому

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

  • @SOULARFLAIR
    @SOULARFLAIR 2 роки тому +2

    Really good summary 👍

  • @brenod6199
    @brenod6199 2 роки тому +1

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

  • @glueoneducation9813
    @glueoneducation9813 2 роки тому +2

    Whats about Hex? It’s any different between them?

  • @mbs4047
    @mbs4047 2 роки тому +1

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

  • @marleysmith2856
    @marleysmith2856 2 роки тому

    Do a video on orion protocol please🙏🏼

  • @killzoomer
    @killzoomer 2 роки тому +1

    Ohm my Zeus! Sounds exciting!! 💜

  • @TristanRega
    @TristanRega 2 роки тому +2

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

  • @_trexcellence
    @_trexcellence 2 роки тому +3

    Hey Guy, can You do a review on The Drip Network and The Animal Farm by Forex Shark and his developer team?

  • @bambobambolot5433
    @bambobambolot5433 2 роки тому

    thumb up and im starting to watch

  • @michaelswallace6814
    @michaelswallace6814 2 роки тому +6

    I’ve studied Olympus for a while and see everything the devs are doing to expand its viability. By providing Olympus Pro they have another mechanism for profit along with the investments they currently make. Good project that’s actually making money and dispersing it to the stakers/investors.

    • @cnote3598
      @cnote3598 2 роки тому

      how do you stake ohm?

  • @JirkaFiala
    @JirkaFiala 2 роки тому +1

    Wow Guy, you made my day!

  • @Ivobe2
    @Ivobe2 2 роки тому +2

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

  • @TamasGrasu
    @TamasGrasu 2 роки тому

    Have your yhoughts changed about ohm after recent updates/developments? Cant find anybody else credible to talk about this project.

  • @ceejay1353
    @ceejay1353 2 роки тому +1

    It's irrational to assume everybody or even most people will act rationally. So selling at least some profits to de-risk as profits increase, the rational thing to do. A balanced portfolio, is a rational portfolio. I never really fully agreed with the project on that.

  • @vichub2
    @vichub2 2 роки тому

    Waiting for Kadena insights from coin bureau 😀

  • @abusiness7450
    @abusiness7450 2 роки тому

    2nd, I have Sohm I need to watch this

  • @dimethyltryptamine8233
    @dimethyltryptamine8233 2 роки тому

    We love you guy

  • @staffofficertodgp9942
    @staffofficertodgp9942 2 роки тому

    Pls also make a video on Wonderland

  • @rameshwarsable2125
    @rameshwarsable2125 2 роки тому

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

  • @beroecaaaa
    @beroecaaaa 2 роки тому

    I didn't hear anything about dilution

  • @cryptonft1491
    @cryptonft1491 2 роки тому

    Thanks : )

  • @schlast8311
    @schlast8311 Рік тому

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

  • @w-hisky
    @w-hisky 2 роки тому +1

    Does it have privacy by default?

  • @UnboxedUniverse
    @UnboxedUniverse 2 роки тому

    $OHM To the moon ✌✌

  • @superarsenal009
    @superarsenal009 2 роки тому +1

    I respect this video for calling it like it is, a ponzi.