Nov6CC.mp3

Olympus Community Call: CDs Launch, Treasury Updates, and Institutional Interest

Welcome & Purpose

• This community call aims to align members on current and future initiatives at Olympus DAO
• Focus on transparency and keeping the community informed about developments

Convertible Deposits (CDs) Update

• Final audit report received with only minor fixes needed (rounding errors related to ERC4626)
• Ready to submit proposal through OCG with configuration parameters set up
• Launch is imminent

Treasury Updates (OIP-190)

• OIP-190 has completed RFC stage and is moving to voting in the next day or two
• Proposal includes re-characterization of treasury allocation:
  • Reducing RLUSC lending allocation
  • Creating a new RWA (Real World Asset) sleeve
• Changes will dramatically increase treasury yield in a risk-adjusted way
• Expected to generate about $1.1M in additional net revenue annually
• Will enable approximately 50% more buybacks going into 2026
• Treasury milestone: supply has decreased below original launch levels
• Approximately $124M in buybacks performed so far

Institutional Strategy

• Goal for 2026 is to bring Olympus back to the top 50 coins
• Initial connections made to gauge appetite for institutional investment
• Moving to a more open marketing effort with engaged bankers
• Targeting end of November for next major steps
• Value proposition being well-received by traditional crypto funds
• Four years of data demonstrating that the Olympus model works

[REDACTED CONTENT]

• Encourages active engagement and support for the protocol
• Full details to be announced in the near future

Callisto Partnership Update

• Audit nearly complete, with launch expected in November
• Building something specifically for Olympus that aligns with [REDACTED CONTENT]
• Delay of 2-3 weeks due to this special Olympus integration

Action Items

• [ ] Community to vote on OIP-190 in the next few days
• [ ] Cooler loan users to delegate, extend, or migrate as needed