Ohm
FUD remains FUD OHM1 glitch in the protocol doesnt make this tech any less revoloutionary
btfd imo
omnicron and protocol glitch make for the 2nd best buy opp in a while here imo
last time 1 degen mimed 20 times this time its a global narrative
but treasury and community relatively unharmed
ohmcononmy continues imo
Premium OHMDAI price levelsI have updated the current statistical premium levels, according to the recent price action and premium values:
Price Range vs Premium
Historic Low Premium - 393.97
Low - 602.07
Mid - 885.35
Average* - 1068.19
High - 1168.64
Historic HIGH Premium - 2290.90
Given the fact that pool ended successfully on
OIP 52 - Add UST to Treasury
OIP 51 - Strategic Asset Whitelist
will also probably pass the snapshot vote, this will likely cause the Market Value Backing per OHM to grow
from currently 101.25 USD (as of 11/28/2021 check the spreadsheet here )
to a likely value (depending on interest and market conditions) of 114 USD per OHM, probably before the OIP18 expected APY drop , projected on Jan 26 2022
Price Range vs Premium
Historic Low Premium - $443.58
Low - $677.26
Mid - $996.48
High - $1,315.69
Historic HIGH Premium - $2,579.38
Even if in the unlikely drop to a historic low premium (give the fact that Fohmo4 is around the corner in Dec 2021) which is -47% from the current level,
if you stake until Jan 26 2022 (usually a decrease in supply emission = more scarcity = higher price) you would have netted a 6% ROI just by (3,3).
Some asset should not be sold. Take care ohmies.
Olympus Dao ($OHM) New FIBOlympus Dao ($OHM) New FIB: $OHM starting its BULL-run with a MACD BULL-ish crossover and RSI crossing the mid-line. $OHM respects $832.6072 support while looking ahead to test $947.3234 resistance. Highly speculative project which is 1 of 2 of my lottery tickets
OHMHello Friends,
As you know, OHM is an ETH network coin and do Governance. Pays 8200% APY with Asset backed.
You can explore here : app.olympusdao.finance
Technically, CUP and Handle Pattern in formation. Breakout confirmation above 1400$ for a target of $10000
I bought it at 800$ and will add more on Breakout. Between, when you stake it gives around 40% return per month.
Post your thoughts and questions. #DYOR.
Positive signs in OHM's chart, Project outlook is good, i'm longOHM is showing why it is the best DAO - treasury is healthy, staking has been steadily in the range of 7,600-8,400% APY; and Olympus Pro is expanding its ecosystem.
Many new DAOs are appearing that are forked off of OHM, which is growing the entire DAO market cap, and is suggesting great potential for the viability of actual DeFi stable coin. I think OHM will end up having the largest cap out of all of them, and is a wise investment choice at this time.
Olympus Dao ($OHM) New FIBOlympus Dao ($OHM) New FIB: $OHM is stuck making Lower Highs and Lower Lows. BB squeezing tight on 1h TF so expect volatility. MACD needs to cross over to prevent further downside. RSI hopping out of the over-sold region which brings BULLS a sigh of relief but it's not over
Simple OHM DAI strategyBy calculating the Premium that the market pays from market value backing per Ohm (MVBperOHM) - check here for my spreadsheet we can clearly see the prices that are atractive to some of the biggest holders of sOHM (or staked OHM).
Basicaly you either get a loan on RARI FUSE or ABRACADABRA, when the premium is low, so you can LONG it and you terminate the loan when the premium is HIGH, that way you actually never sell your staked Ohms and earn much more from rebases, or the simple way: buy low, sell high, but be carefull on the ETH gas fees
Olympus DAO - The #1 DAO I'm super bullish on Olympus DAO. Its Trading View pair is OHM/DAI. Double bottom confirmed on the daily so we should see ATH's within the next 2-3 months.
A good indicator the past few months for me to test BTC has been OHM. The pairs are inverse to each other basically. Check this:
Don't think this will stick now since OHM was flying under the radar - now the project has been doing a lot of marketing.
The 7000% APY returns on OHM is insane; you're doubling your tokens every 6-8 weeks essentially based on the compounding effect.
This project has sound fundamentals, it's a DAO and DAO's haven't taken off like DeFi and NFT projects have yet.
Obviously DYOR and this ain't financial advice bla bla bla.
Why I think Algo stablecoin protocols will do better than USDCKRAKEN:DAIUSDT There are numerous ideas and some real facts of and continuing act of regulators hammering some of the pioneer Stable coin companies LIKE Circle, Blockfi, Celsius for different reasons; all sums up that centralized issue USDCs are looked upon as bonds that does not back 100% USD for one USDC and on top of that, Blockfi celsius service include lending and borrowing mediator for USDC - deems mediator that creates open borderless market for buying and selling security i.e. USDC in view of the US govt.
Let's know we will likely not conclude this debate anytime soon, as legal issue is take long time especially for big firms with good lawyers already knew this scenario in their monopoly playbook.
Sorry, I stop rant about USDC's issue.
Unless ETH or other aseets crash to near zero, algo stablecoins should do fine and may likely avoid scrutiny from regulators of the world (IF, DAO is perfectly designed to be decentralized as time passes)
Yes many VCs back Terra (LUNA) that issues algo UST (USD in Terra protocol) so having a clear VC, Terra team location and identity not so good for avoiding govt. scrutiny but still higher chance of get away from prohibit act- since their UUST isn't 1:1 to USD, it is pegged by LUNA just like Maker DAO.
I find Olympus DAO and Frax share, Alchemix to be interesting Algo stablecoin protocols b/c they utilize bonds of other asset. For now I do not know deeply about OHM FXS ALCMX's tokenomic and their stablecoin issuance. But it feels like digital nomads could get their hands on decentralized stablecoins like these UST DAI for now
IF 50% in BTC, 25% ETH, 10% Shitcoin 15% in stable coins ----------------> 7.5% in USDC and 7.5% in UST, DAI is just an idea for now.
Peace,
Fleeangel
Trade these channels for free moneyfree money sirs all u have to do is sell the top and buy the bottom sir simple
Ohm Sinusoidal RSILooking at ohm/dai and ohm/eth we can see that their RSIs have either reached the bottom or have nearly reached the bottom. Could we expect some upside soon?
The ProphecyFuture price movement is detected in the Astral realm. A ghost feed is plotted from right to left, tracing the path of the price back to the present moment.
Ohm(3,3) RSI nearly bottoming Hello ohmies, clearly the rsi on Ohm/eth is bottoming soon, and eth bonds are launching today. Get ready.
OHM/DAI OHM Value and RebaseDifficult to do TA on OHM/DAI because the volume of OHM/DAI is a mere fraction of the total marketcap of OHMs value. Later today at 11:59 am EST. Olympusdao.finance will start accepting ETH bonds. This should be an interesting event which may bring volume and value to OHM. It would be included in the intrinsic value (IV) of OHM.
Currently Rebase figures for OHM are profitable should OHMs market price not slip too heavily down.
Hard to make a prediction on this one so I'll just keep my OHM staked and do it's thing.
$OHM
Guesstimate for ETH EIP-1559Down to 1900's-2000's for recent euphoria washout and sell the news type event after 12 days up into a widely anticipated event of the year. $ETH. Should be good for countercyclical asset like $OHM.
TA Can Not and Should Not Be Used to Predict The FutureElliot Waves are not real. We simply used the Elliot Wave tool to plot a series of lines.
OHM Olympics and Mark CubanMy believe it is going to die before Mark Cuban even gets wtf is that
That's all I have to say about (3, 3) game theory canine delirium
OlympusDAO August LevelsThis could be ATH... or maybe not.
From a weekly perspective Olympus offers amazing growth. Another thing is the reality that occupies us seeing that in 4h the movement is losing some strength although we do not see the price fall either.
Two things will probably happen after this analysis: either the price goes up or the price goes down. As always. Serve this idea as a reflection of an imminent price action that we hope will be on the part of the balance of its increase, although we must not forget that there is the possibility (there are probabilities) of future corrections now at the end of the month.
Here I leave the levels to consider.
Happy summer.
GL ohmies, all the best!
OHM/DAI cup and handleUnique project that is in the growth phase trying to become a stable coin backed by assets from a treasury. You can buy bonds from the protocol by selling DAI, FRAX, and LP in return for OHM tokens at a lower price. As of now it has a 250mil MC roughly and you can earn 15.6k APY just by simply staking the tokens at app.olympusdao.finance using the metamask wallet. By doing so, you secure the protocol, and the more OHM supply staked, the less on the market to sell. Basically as long as the OHM price is stable or increasing you exponentially increase your gains by staking, and can still make money in a downtrend if the APY is high enough. I like to think of this project as an attempt at creating a decentralized algorithmic Federal Reserve. Cheers! Not financial advice, just an observation with info about the project.
