Boule Plus: Voting on Olympus DAO

Join Aladdin Boule Plus, enjoy our new DAOFi vote-to-earn farming!

How do you get rewarded?

You will be rewarded by:

1. Voting Yes for an outperforming pool
2. Voting No for an underperforming pool (Rewards will be distributed every 2 weeks)

Why Boule Plus？

1. Participate in AladdinDAO’s weekly research meeting
2. Broader community visibility and faster track to be elected to the Boule Council
3. Accumulate reputation by voting on proposals correctly
4. ALD holders maximize rewards by participating in vote-to-earn farming
5. Hold ALDPLUS for more than 3 months will be entitled a NFT

For more details, please refer to: https://aladdindao.medium.com/aladdindao-unveils-daofi-a-vote-to-earn-farming-product-2afdf2c45e63

Project 1: Olympus DAO

Olympus is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, Olympus is more akin to a central bank since it uses reserve assets like DAI to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between OHM and stablecoins like USDC is that OHM is backed but not pegged to a certain price. Technically, the price floor for OHM is 1 DAI, but practically a premium and the treasury value is added to the price. OHM differs from other algorithmic stablecoins like Ampleforth (AMPL) because it issues OHM to buy DAI and other assets and maintain a treasury. This mechanism is similar to FEI; the key difference is that FEI keeps a dollar peg, and Olympus allows its token to float.

Website: https://www.olympusdao.finance Whitepaper: https://docs.olympusdao.finance/main/ Twitter: https://twitter.com/OlympusDAO Github: https://github.com/OlympusDAO Medium: https://olympusdao.medium.com

Here is some introduction about projects above in AladdinDAO’s Boule Research Meeting. https://www.youtube.com/watch?v=tERVmXKpYLw

Meeting Summary https://drive.google.com/file/d/1PPd-hX4GlHigZm4KR6OIQkEBZF-1b3kX/view?usp=sharing

You may only cast one vote (either Yes/No/Neutral) for each project, otherwise it will be considered invalid. Only Yes and No votes will be counted as part of performance/rewards calculations.