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31 July 2021

Why This Token Thrives With A 38% Profit While Bitcoin And Ethereum Bleed

Why This Token Thrives With A 38% Profit While Bitcoin And Ethereum Bleed


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Algorithmic currency protocol OlympusDAO (OHM) has been outperforming Bitcoin and Ethereum despite the recent downtrend.

Even after Ethereum outperformed BTC’s price, Delphi Digital finds it unlikely that ETH will diverge from the general trend in the market.

This made OlympusDAO the fifth protocol in terms of monthly revenue on the Ethereum DeFi sector.

The sole purpose of Olympus is to accrue value to the network and OHM token, unlike other protocols that must balance value accrual between the holders of the token and the users of the protocol

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