OLY - DeFi Treasury Protocol
OLY is a decentralized finance protocol built on Ethereum that transforms sell pressure into ecosystem value. When users sell OLY tokens, a dynamic ETH tax is collected and redistributed across five channels: 50% to an stETH Treasury, 16% to a Liquidity Pool Treasury, 16% to a buy-and-burn mechanism, 16% to staker rewards, and 2% to the Genesis allocation. The protocol uses a Uniswap v4 custom hook for on-chain tax collection. Tax rates decrease automatically as market cap grows: 38% below $25M, 28% at $25M-$100M, 18% at $100M-$1B, and 8% above $1B. Three exit types exist: market sells (dynamic tax), limit orders (flat 4%), and LP removal (0%).
Pages: / - Homepage and protocol overview /ethos - The OLY guiding principles /founder - About the pseudonymous founder Rembrandt Davinci /whitepaper - Full technical whitepaper /faq - Frequently asked questions /blog - Educational articles about the protocol /blog/how-olympusx-turns-sell-pressure-into-strength - How the tax mechanism works /blog/understanding-the-olympusx-treasury - Deep dive into the stETH and LP treasuries /blog/three-ways-to-exit-olympusx-and-why-it-matters - Market sells, limit orders, and LP exits explained
Key concepts: OLY is the native token. stETH is Lido's liquid staking Ethereum token. The Tax Router is the smart contract that distributes collected ETH. Buy and Burn permanently removes OLY from circulation. The Mint Phase launches in Summer 2026 and runs for 45 days with price increasing 2% per day. Three mint pillars exist: Pillar I (long-term conviction, 3.5B tokens at $0.0023), Pillar II (balanced, 1B tokens at $0.008), Pillar III (immediate liquidity, 1.5B tokens at $0.016). The founder is Rembrandt Davinci, a pseudonymous crypto investor active since 2013. Twitter: @OlympusXReserve. Telegram: t.me/olympusx_chat.