What is OLY (OLY)?
OLY is an Ethereum native decentralized autonomous organization (DAO). It seeks to integrate into core pillars of decentralized finance, including staked ETH, Uniswap liquidity pools and tokenized real world assets. One of OLYs primary goals is on becoming a premier liquidity provider on Ethereum and Robinhood Chain. The protocol collects transaction taxes from designated OLY trading pools and allocates revenue to treasury vaults, liquidity provision, staking rewards and token buyback and burn mechanisms.
How does OLY work?
Its treasury strategy includes holding Lido stETH and providing liquidity on Uniswap, with additional integrations under development. OLY holders can stake their tokens to receive rewards, voting rights, and participate in DAO governance.