✨ $gOHM has a new lending pool! Courtesy of @dropslabs Check it out 👇 https://t.co/tsDDxOTTjG 🤔What is Drops? Drops is a liquidity & staking protocol for web3 assets. It is a permissionless money market platform comprising of distinct lending pools, supporting a variety

6/ This new addition of gOHM to @dropsnft's lending pools helps pave the way for OHMies to leverage their gOHM holdings. Stay tuned for more updates as we continue our DeFi journey - we're only getting started.

5/ How to get started? 1. Go to https://t.co/IISBJ4eKFT 2. Choose gOHM market and supply 3. Claim esDOP, vest it & enjoy the yield More details about esDOP: https://t.co/D05sV8xQDi

4/ Drops lending pools offer a diverse range of collateral options. Already accepting staked LST positions from @AuraFinance , they will soon be including positions from @ConvexFinance. This opens up an abundance of opportunities for DeFi degens.

3/ As gOHM sees broader lending adoption, both gOHM holders and Olympus stand to benefit. Holders through higher APRs by lending. Olympus through the increased utility for OHM.

2/ One of Olympus’ unique features is Range-Bound Stability (RBS). This mechanism absorbs market volatility, thereby stabilizing the price of OHM relative to its reserve assets. It makes gOHM a viable alternative to traditional stablecoins.

1/ What exactly is gOHM? It's OlympusDAO's governance token, obtained by staking OHM. As a reserve asset, OHM is backed by a ~$200M treasury. gOHM can be converted to OHM at any time.

Governance OHM (gOHM) is listed on Drops lending pools. With this integration we’re glad to support OlympusDAO's vision to make OHM a decentralized reserve currency. Current gOHM rewards APY is at modest 278168%

Money market protocol @dropslabs has added support for Aura LST LP positions, such as @Rocket_Pool’s rETH/WETH pool! LPs will be able to keep earning rewards, while unlocking capital from their positions via Drops’ lending pools.

6/ The combined power of Drops, Yearn & Aura now enables users to gain access to a wider range of opportunities. Some potential use cases: - Leveraged yield farming (Loop LP) - Self-repaying loans (When LP APY > borrow APY) Try it yourself:

5/ The secret sauce comes from @yearnfi. Unborrowed capital is deposited to yUSDC, yUSDT, yvWETH vaults. Thus lenders always earn a guaranteed base APY and borrowers can enjoy lower rates. It’s all happening under the hood so you still supply and borrow in native assets.

4/ But Positions Pool doesn't stop there! Our main goal was to make capital efficiency over 9000. So we created a low APY spread markets, where lenders and borrowers have almost the same rates. Here is an example of interest rates on the regular ETH market vs ETH on Drops

3/ How does it work? LP is unstaked from Aura, and then deposited to Aura LP autocompounding vault. This vault restakes LP back on Aura, gathers yield, sells it and increases LP size. Obtained vault shares are then used as collateral. Special credit goes to @beefy vaults

2/ Drops Positions Pool makes accessing liquidity easy as a breeze. - Supply the staked Aura LP position to Drops pool. - Position starts autocompounding yield. - Borrow away!

1/ It all starts with Aura Finance. @AuraFinance is all about boosting rewards potential, with a special focus on Balancer. They’ve already got a TVL of over $276M, majority being LST-LPs. While LPs earn yields in BAL and AURA, they can’t move their staked position anywhere.

Say goodbye to locked capital! Our new Positions Pool allows you to borrow against staked LST-LP from @aurafinance … while still earning juicy rewards. It's like having your cake and eating it too. First assets include wstETH, rETH LPs But wait, there is more.. 🧵

6/6 esDOP is bonding capital with our community. By requiring to stake DOP in order to get yield, we're making liquidity providers more aligned with our fam. Sell pressure gets elevated, new buys are activated. More details in esDOP docs:

5/6 Doing the Maths: esDOP -> DOP vesting duration depends on how much veDOP you hold. 1:1 veDOP/esDOP ratio? Strap in for a 180-day journey. Going for 10X ratio? That’s a smooth 30-day ride. Somewhere in between? We will cover maths for you.

4/6 esDOP: The new player in town. Rewarded straight from the protocol. Hold some veDOP? You're gucci for esDOP ➡️ DOP vesting action. Vesting periods range from a quick 30 days to a chill 180. Keep it in the fam - no trading this bad boy.

3/6 veDOP: Locked, loaded, and lit for governance! Stake DOP, get veDOP. Flex with governance power. Earn more DOP. No passing this around - it's just for the diamond hands.