Reserve Currency DAOs

Create your own OlympusDAO fork

OlympusDAO, the first bonding protocol, highlighted the effectiveness of bonds as a mechanism for projects to accrue tokens , as it raised a treasury of over 800million USD (according to DeFi Llama).

In the case of Olympus, it accrued LP tokens and stablecoins, however many other projects have utilized the same mechanisms to achieve different goals.

Lumio allows projects to use its infrastructure to launch their own OlympusDAO styled rebasing projects.

There are many applications for bonding beyond reserve currencies, for which bonds can prove to be a powerful tool.

Using Lumio, anybody can spin up their own Olympus fork in a matter of minutes, and start growing a treasury for their DAO.