Olympus Finance

Olympus Finance is inspired by previous algorithmic stable protocols such as Tomb Finance. Much like 2OMB Finance our protocol uses three tokens (HERMES, ARES, PLUTO) to incentivize a stable 1:1 peg to $FTM.

The protocol’s underlying mechanism dynamically adjusts $HERMES’s supply, pushing its price up or down relative to the price of $FTM. Inspired by the original idea behind Tomb, Olympus Finance is a multi-token protocol which consists of the following three tokens: -Peg Token ($HERMES). -Share Token ($ARES) -Bond Token ($PLUTO).