The Secret Weapon of DeFi 2.0 | Zeus from Olympus DAO
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Bankless
4.7 • 1.2K Ratings
🗓️ 20 October 2021
⏱️ 82 minutes
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Summary
(3,3)
Olympus DAO and its native OHM token have taken over the meme-osphere. With its novel tokenomics, it has become an emergent powerhouse in this DeFi 2.0 phenomenon. With Olympus Pro on the way, the DAO seeks to change the current mercenary structures of yield farming and replace it with a sustainable and stable ecosystem.
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Topics Covered:
0:00 Intro
7:00 Zeus and DeFi 2.0
10:21 Traditional Liquidity Mining
15:39 Protocol-Owned Liquidity
25:11 Bonding & Treasuries
30:41 Realigning Incentives
36:50 Are There Tradeoffs?
44:13 Olympus Pro
52:52 New Generation of Protocols
57:00 Olympus DAO
1:02:24 Branding as a Currency
1:08:47 Ponzi Games & Haters
1:16:44 The Ohmies & DeFi 2.0
1:20:40 Closing & Disclaimers
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Resources:
Zeus on Twitter:
https://twitter.com/ohmzeus?s=20
Olympus DAO:
https://www.olympusdao.finance/
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Transcript
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| 0:00.0 | Hey, Bangladesh nation, welcome to another episode of state of the nation. |
| 0:11.1 | Super excited to dig into this. |
| 0:12.7 | David, I feel like you and I have been on a journey, a journey to understanding what the |
| 0:17.3 | help DeFi 2.0 is. |
| 0:18.9 | Zoomer 5, some of the kids are calling it, is this a new trend? |
| 0:22.5 | Is this a new narrative? |
| 0:23.5 | Is there something more substantive to it? |
| 0:25.6 | We talked to Jay from Rory Capital last week and I think that has helped shape some |
| 0:29.8 | of our thoughts on this new, exciting area in DeFi and he said, really, part of the secret |
| 0:35.2 | weapon of everything that's going on in this next generation of DeFi is this thing called |
| 0:40.9 | Protocol Owned Liquidity, this is Protocol Owned Value and I think we're going to dive into |
| 0:46.0 | that in today's discussion, David, but who do we have on and what are we going to talk |
| 0:51.3 | about today? |
| 0:52.3 | Yeah, we have on Zeus, the pseudonomous founder of Olympus Dow, which has really pioneered |
| 0:58.3 | this new primitive, which is unleashing DeFi 2.0, question mark, that's what we're going |
| 1:03.9 | to ask and find out all about today and Ryan, man, I love NFTs, but man, I am waiting for |
| 1:10.4 | a resurgent in DeFi because like that, it's been sleeping. |
| 1:13.9 | It's been sleeping in DeFi, I know, it feels like home for me personally, so I'm definitely |
| 1:18.8 | into the concept of DeFi 2.0 and so yeah, we're going to ask the questions, why is this |
| 1:25.5 | the thing? Is this a real thing? How does it work and why is it cool? And so we are going |
| 1:31.5 | to unpack all of those things here today with Zeus, the pseudonomous founder of Olympus |
| 1:35.9 | Dow. |
... |
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