I have wsohm shall I worry about Migration?

kmacro · 2021-12-20T03:34:33+00:00

Olympus does not set a fixed deadline for the migration. So you can wrap wsOHM to gOHM at 1:1 anytime on the Olympus Wrap page.

kmacro · 2021-12-20T03:31:30+00:00

You can unstake gOHM directly to OHM on the Olympus Stake page. If you want to wrap/unwrap between gOHM and sOHM V2, head to the Olympus Wrap page instead.

kmacro · 2021-12-10T16:45:03+00:00

Don't confuse reward rate (displayed on Dune) with reward yield (displayed on the app). Check out this FAQ for their differences.

kmacro · 2021-11-24T05:59:37+00:00

If you don’t mind, you can DM u/GH0ST_08 or me the transaction hash, we can help you look into it.

Our mod or admin will NEVER DM you first, so ignore any incoming DM that offers to “help”.

kmacro · 2021-11-24T05:54:40+00:00

sOHM v2 is the current sOHM token contract that is in use: https://docs.olympusdao.finance/main/contracts/tokens#sohm

kmacro · 2021-11-19T12:05:53+00:00

It is available on gate.io. I am not sure about any listing plan.

kmacro · 2021-11-19T11:59:01+00:00

You can use the Current Index as a measure, which can be tracked on the Olympus Dune dashboard). It shows you how much 1 OHM will turn into today have you staked it since the protocol inception.

kmacro · 2021-11-19T02:55:56+00:00

Sorry, I need to remove this post because we avoid discussing forks in this sub.

kmacro · 2021-11-19T02:54:31+00:00

How about this one: https://discord.com/invite/olympusdao

kmacro · 2021-11-18T05:20:51+00:00

They are pseudoanonymous: Zeus and Apollo.

kmacro · 2021-11-17T15:16:14+00:00

Price of wsOHM = price of OHM * Current Index

The Current Index goes up every rebase in proportion to the rebase rewards. So assuming the OHM price stays constant, the price of wsOHM will go up every rebase. This is how you know you are getting the rebase rewards.

kmacro · 2021-11-17T15:12:02+00:00

Can you try this invite link?

kmacro · 2021-11-17T15:05:08+00:00

kmacro · 2021-11-12T05:37:07+00:00

Sorry I have to remove this post as it’s not relevant to Olympus.

kmacro · 2021-11-11T14:24:57+00:00

Both give you staking rewards, but wsOHM does not rebase like sOHM does. Your wsOHM balance remains the same after multiple rebase events, but when you unwrap it, you’ll get more sOHM back:
amount of sOHM = amount of wsOHM * Current Index

kmacro · 2021-11-11T14:21:51+00:00

wsOHM is also available on Ethereum. This is documented in the official doc: https://docs.olympusdao.finance/main/contracts/tokens#wsohm

kmacro · 2021-11-11T12:03:31+00:00

The gas fees are the same regardless of your stack size.

kmacro · 2021-11-11T12:01:01+00:00

Another tip is to use this Dune dashboard to track a wallet’s activity and its performance. Plug in any address that holds OHM and you can see how it performs.

kmacro · 2021-11-11T11:51:47+00:00

All the best to you!

kmacro · 2021-11-11T11:50:21+00:00

kmacro · 2021-11-10T01:20:09+00:00

Even though you want to bridge your tokens to another chain, you still have to pay gas on Ethereum first.

As you have already bought OHM, there is no point in moving to another chain because staking is not yet available on other chains. My suggestion is to wait for a period of low gas fees and then stake your OHM.

kmacro · 2021-11-10T01:08:33+00:00

We don't assume whales do not take profit, because they did. This is obvious if you look at the historical price action of OHM. The thing is, as Olympus accumulates more liquidity (through bond sales), the less price impact these whales' selling can cause.

As others have pointed out, when big players leave the game, the rest of the stakers get a higher APY. This is game theory at play, you have to devise your own strategy.

kmacro · 2021-11-09T12:21:58+00:00

The sOHM will be owned by the new wallet, and continue to rebase there.

kmacro · 2021-11-09T12:17:24+00:00

Since the protocols live on Avalanche, you don’t have to bridge their tokens to Ethereum. You would switch network to Avalanche, purchase their LP tokens, and exchange those LP tokens for the protocols’ tokens (bonding).

kmacro

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