March 8, 2022, 2:24AM EST
• 12 min read

Reviewing the experiment of Olympus DAO

Quick Take

  • Olympus DAO and many other forks were launched in 2021, only to face significant drawdowns by 2022
  • While the price performance of these protocols have been lackluster, they have managed to retain most of their liquidity
  • Olympus has shown the benefits of protocol-owned liquidity (POL) over liquidity mining incentives and there has been interest from DeFi protocols to adopt the POL model
  • While forks are mostly focused on growing their treasuries, they often neglect the inflation rate, which significantly impacts their token holders
  • The future of Olympus forks is dependent on whether the interests of the forks are aligned, and there are developments to achieve that

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