Olive DAO (OLIVE)
The Olive DAO is a decentralized protocol inspired by Tokemak, designed to give a source of sustainable and liquidity to web3 protocols.
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
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
- Built on: Polygon
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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