Algorithmic stablecoin protocol Olympus to be upgraded to V3 and rebranded as Bophades

08/22 03:21

Algorithmic Stablecoin Protocol Olympus V3, aka codename Bophades, is going into Code Arena audit this week. It is the first iteration of automated utilization of the treasury to support the OHM exchange rate. There are a few major pieces to this release: the core registry (Kernel), treasury, minter, governor, and finally, the range-bound stability (RBS) system.

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