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THORSwap Partners with Olympus Dao
December 08, 2021 #News #THORSwap

THORSwap Partners with Olympus Dao

THORSwap has partnered with Olympus Dao as a part of the Olympus Pro Cohort #4.

Kadesh

THORSwap has partnered with Olympus Dao as a part of the Olympus Pro Cohort #4.

Olympus Pro is a service for protocols looking to supplement liquidity mining in their emissions programs. Instead of incentivising farming and dumping, protocols use Olympus Pro’s bonding service emissions to purchase liquidity from users, and in this case , users acquire discounted $THOR.

Olympus Pro allows users to acquire $THOR at discounted rates by bonding either Sushi LP tokens or ETH.RUNE:

  1. THOR-ETH SLP
  2. ETH.RUNE
  3. RUNE-ETH SLP

Users provide THOR-ETH SLP, ETH.RUNE or RUNE-ETH SLP to acquire discounted $THOR which will be vested linearly over 5 days.This incentivises users to sell to THORSwap, rather than to the open market as bonds are offered at a discounted rate, and linear vesting helps reduce selling pressure.

THORSwap is gunning for longevity and putting in monumental efforts that will attract capital that is aligned with long term success.

The cave you fear to enter holds the treasure you seek