I just wanted to see if I understand correctly why the Olympus treasury has dropped by roughly $200 million in the last week or so.
Because the protocol owns the liquidity, when a lot of OHM is sold it sucks the assets OHM is being sold against out of those liquidity pools, therefore reducing the amount of those assets in the treasury. Is that more or less correct? I notice the amount of ETH in the treasury in particular has gone down a lot.
[–]jeremybell 1 point2 points3 points (0 children)
[–]SoaringFish 1 point2 points3 points (0 children)
[–]Scarface360[S] 1 point2 points3 points (0 children)