Is it really possible to make 4,500% APY on the Olympus DAO?Dec 16, 2021
Last week we did a deep-dive into DeFi --Decentralized Finance-- and how you can get started investing in this wild new space. Check out that post here.
Today, let's explore a specific feature of DeFi: the Decentralized Autonomous Organization, or DAO for short. If you want more basic info on what a DAO is and how it works, click the link above.
Of all the developments in the crypto sector in the last few years, this is the one we're the most excited about.
So today, we want to share a specific DAO project with you: The Olympus DAO.
If you're looking to stake your crypto and earn passive income on it, this could be the DAO for you!
In this analysis we'll discuss:
- What is the Olympus DAO and how it works
- Benefits of the DAO
- Drawbacks of the DAO
- How they're able to pay over 4,500% every year!
- What we're doing & our recommendation
- What you need to make sure you know about this DAO
- Other projects to watch out for
Let's get into it 👇
Olympus DAO Overview:
This post is a little long -- so we went and made a video version of it for you as well.
We promise watching this video makes understanding this concept MUCH EASIER.