OHM-ETH-DAI 50-25-25 Gauge


Whitelist for veBAL voting:

OHM-ETH-DAI pool gauge


[Website] https://www.olympusdao.finance/

Protocol Description

Olympus DAO is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. UST, DAI, FRAX, wETH) in the Olympus treasury, giving it an intrinsic value. Olympus also introduces novel economic dynamics into the market through staking and bonding.


Recently Olympus DAO seeded a tri-pool with OHM-DAI-wETH with the intention of utilizing the pool for the Olympus Incubator program. The original intention was that protocols can use Copper or PrimeDAO to raise in OHM, bringing volume through Balancer. However, Olympus is now interested in growing the pool further to facilitate a deeper meta pool for prospective partners and to deepen its relationship with Balancer. To this end, Olympus is proposing a BAL gauge for the pool, which will draw additional third party capital and allow Olympus to begin participating in governing the burgeoning Balancer ecosystem.


Governance: OlympusDAO is governed by OHM and gOHM token holders through snapshot votes and forum proposals.

Oracles: No use of oracles within the OlympusDAO protocol.

Audits: Same link as above within docs.

Centralization vectors: Specific treasury functions are controlled through a multisig, however Olympus has made it a focal point of its mission to work toward full decentralization including the treasury and full on-chain governance. Olympus is currently in discussions with Balancer to be a key component of the shift to on-chain governance.

Market History: OHM launched and was made transferable on March 23rd with incentives for users to provide liquidity in exchange for the OHM token. OlympusDAO using the veBAL voting system to boost BAL rewards for its OHM pools along with Olympus ecosystem partners.


thanks for the proposal, let’s see if anyone has any further questions here

i know there have been some discussions in the past between balancer and olympus around building the overall relationship, so i’m happy to see this proposal.


Indeed, BalancerLABs biz dev has been actively working with Olympus to build a fruitful relationship across protocols. We’re very excited that they have decided to continue building their protocol liquidity on Balancer + showcasing the benefits of a multi-token pool.

Supportive of moving this proposal forward.


In full support for this proposal. Really glad to see Olympus and Balancer building a strong relationship!


Will put this up for a vote starting Monday afternoon EST

Please create the gauge via the LiquidityGaugeFactory | Address 0x4E7bBd911cf1EFa442BC1b2e9Ea01ffE785412EC | Etherscan and add its address to the proposal.

Created! 0x852cf729def9beb9de2f18c97a0ea6bf93a7df8b Will add address to proposal.

Actually not letting me edit, let the above comment contain the gauge address please!

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