Olive DAO (OLIVE)

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Revision as of 06:03, 21 March 2022 by Grand Master Pepe (talk | contribs) (Created page with "The Olive DAO is a decentralized protocol inspired by Tokemak, designed to give a source of sustainable and liquidity to web3 protocols. ==Basics== *Based in: *Started in / Announced on: *Testnet release: *Mainnet release: ==History== ==Audits & Exploits== *Bug bounty program can be found [insert here]. ===Bugs/Exploits=== ==Governance== ===Admin Keys=== ===DAO=== * [https://yieldfarmer.substack.com/p/polypulse-13-...")
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The Olive DAO is a decentralized protocol inspired by Tokemak, designed to give a source of sustainable and liquidity to web3 protocols.

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

  • From Poly Pulse (16-3-2022):

"The DAO governance can decide the flow of liquidity, protocols like DEXes and yield aggregators can be incentivized to pay bribes to influence the veOLIVE holders to redirect liquidity in their favor."

Treasury

Token

Launch

Token Allocation

Utility

  • Has the governance token veOLIVE.

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

  • From Poly Pulse (16-3-2022):

"Liquidity Providers deposit single-sided assets into individual Asset Jars and Genesis Pools (wETH, USDC) and earn yield in the form of OLIVE, OliveDAO's native protocol token. As of now, only the genesis pools are available.

Once the Asset Jars are live, liquidity directors would be able to stake OLIVE into individual Asset Jars and vote how that liquidity gets paired from the Genesis Pools and to what exchange venue it gets directed. The liquidity directors too, earn yield in the form of OLIVE.

OLIVE, similar to TOKE, can be thought of as a tokenized version of liquidity since the veOLIVE holders would be able to generate liquidity on demand.

There are also several measures to mitigate the possibility of impermanent loss risk to ensure that Liquidity Providers can always claim their underlying assets deposited 1:1."

Fees

  • From Poly Pulse (16-3-2022):

"OliveDAO will  charge fees for providing liquidity across DeFi and NFT protocols on Polygon and, over time, would allow OliveDAO to build a substantial reserve of various assets in PCA (Protocol Controlled Assets). In the end, the PCA is controlled by veOLIVE holders through decentralized governance."

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

(:

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