Olympus v2 (OHM)

I still yearn to see $OHM become a crypto native embryo of a worldwide reserve currency.

Being used instead of the dollar in country where extreme inflation is rampant.

Used to become a fairer and transparent worldwide financing entity rather than IMF.

@OlympusDAO could actually be those things. But it need to reframe itself.

Cheaper OHM means higher max leverage.

@OlympusDAO 's cooler loans let you borrow against the protocol's liquid asset backing. The current LTV sits at roughly 70%, which puts max leverage at around 3.5x. I'm staying at 2x for now.

As OHM drops, backing stays roughly stable, so the same collateral supports a higher leverage ratio. Price down, leverage ceiling up.

> Current LTV: ~70%
> Max leverage with lower prices: look at the table
> Available liquidity: ~$8M

$8M isn't deep, but it's enough because no one is looking at it. As price falls I keep sizing in at higher leverage, so a recovery hits harder than it would at a fixed entry.

OHM can't trade below backing. So a recovery near there would print faster than BTC reclaiming ATH.

OHM accumulation mode is on.

@OlympusDAO's Cooler Loans let you borrow against your OHM at a fixed rate, then use the proceeds to buy more OHM. Max leverage at current LTV levels caps at x3. That's formula-driven.

Two routes to run this:

> DIY: take the Cooler Loan yourself, stack OHM manually, full control over the accounting
> @origami_fi: a vault that handles the whole strategy automatically, with very low fees

Built https://t.co/eeHG6B27Pd to track OHM premiums in real time, plus a bot that pings me when the premium moves.

Currently at x2 leverage after a test loan. Plan is to push above x3 as I add to the position.

Btw, Origami is a genuinely good option for anyone who doesn't want to manage this manually.