Good morning, everybody. Welcome to hodl and shill today. We’re starting a brand-new series, very similar towhat we just started with our time staking in the Wonderland finance Dow, we are goingto be doing the same thing with Olympus. So if you didn’t know, Olympus was the originatorof the decentralized earmark currency protocol. And, and reality day is a fork ofthat on the avalanche structure. So Olympus ranges on Ethereum, which yes, regrettably we have thegas fees that go along with that.However, this is the, like I said, thestart of this protocol, they set up it. And, and so we’re going to jump in here andwe’re going to do a weekly setup on this as well. I had actually already under way doing everythingbefore I made the decision to make this a series. So we’re going to just go through everything. Step-by-step on what I didand where we’re starting. —- And then we’ll simply do a weeklyupdate from there for one year’s time. So I, I plan to do this for one year. Now, “what were doing” at the fundsbetween now and a year, if we reinvest them or we take it out, we probablywill take our initial investment right out.So that everything is we, we journey free from, from our probability once we touch that, that site. But we’ll discuss that as “theres going”. And I’ll include you guysin that weekly, but okay. So let’s go through it. So Olympus is a decentralized substitute money. Olympia is building a community owned, decentralized monetary infrastructure to bringmore stability and transparency for the world.So we can see there treasury equilibrium ,$ 722 million, the total value locked. And then their current APY right now is at 4795%. So we’re not getting, they’re notlisting some crazy quantity of AP Y which is generally just something that attractspeople because they see that large number. —- But 4000% 47, 40 700% actually is a, is a really decent percentage there. Okay. And so how Olympus cultivates, let’s go over that. First. We have number 1, the, a fund receipt, attachments, and liquidity pond costs, bond auctions and liquidity reserve fees, increase treasury revenue andlock in liquidity to help control the ohm supply.Then next the treasury growth. So Olympus treasury, the treasury inflow isused to increase the treasury balance and back outstanding ohm clues and settle the stakingAPY, which is how we get those crazy high-pitched AP wise. Then next we have our jeopardize wages, ohm token, the compounder relents automatic, this complex yields automatically through a hoard backed money withintrinsic significance, which is your ohm token. So very much like time when you are staking, these clues, the price is not inevitably, you crave the ohm sign to stay health and youwant that to be, you know, clearly we don’t want it to lose value, but the real valueyou’re venture is in what your reward is.—- So in our case, we aregetting a G O H M or S O H M. And that is where we care about the, the quality. So we don’t inevitably, we want ohm to be healthful. We want it to stay healthy, butthe real value when we stake is in what the honor thatwe’re getting is sustainable. Staking APY 4795%. The fund governed APY treasury inflowwill ever outperform its adhering reinforces. Very much like I was talking about Olympus isdesigned with longterm protocol health in subconsciou, all ohm minted for venture reinforces arebacked with a reserve from the treasury. So they’re not just printingmoney out of thin breath now. Like the fed does. This is actually backed by the treasury. And that is where we get the safety and thelongevity from this, this protocol, okay. Olympus a reinforce stakers withcompounding interest in increase, Olympus payoffs, Staker it’s with compoundinginterest, increasing their ohm hampers over experience. —- So that’s exactly what we’regoing to be talking about here.We can close this and we’ll go right intothe app itself where I am previously connected. So we can go through this first. We smacked check the market cap, the expenditure, thecurrent price is 3 30, 7 59 when we’re starting. So to give you new ideas, ohm has disappeared all the way up to $ 3,000 in thepast, and it is down to a $337 and 59 pennies. So in fact, let’s just look at, I had this pulled up before. If we zoom out to a year, the 52 week low-grade is $164 and 40 cents. And the 52 week high-pitched is $3,209 and 43 cents. And we’re down at $337 and 59 cents when we’re jumping in. And so we’re not, like I said, we’re not going to go in heavy. We’re doing this with, we startedout with about $700 after fees.—- I’ll tell you what we terminated upwith here now, but we’re doing this to mostly be around $ 500 orunder, just like we did with term. I review time was exactly $500 and we’re doing that so that we’re doing a lowbarrier to entryway where anybody can jump in. You can do this. Anybody can afford to $ 500 to jump in, sell something, do whatever it takes to take a chance and do that. So we’re going to go through thisjust so everybody understands. The first thing that we’re going totalk about is the runway accessible. So what the runway implies, this is 362. 4 periods. And this is with you a implement tip over these. This will show what everything necessitates. The runway is the number of daytimes that S ohmemissions can be sustained at the applied rate, lower APY equals longer runway.So right now, if nothing changed in theprotocol, they can sustain these values for 302. 4 eras. —- So there’s 365 daytimes in a year. We are just under a year out frombeing sustainable for one entire year, if nothing was to change. So considering that this has descent down from $3,000, that is really, really impressive. Okay. That is one of the things I wanted to talk about. So we will, like I said, we’re in this seriesweekly, we will discuss what we want to do with our monies, whether wewant to restate at reinvest.Eventually we will take out our initialinvestment, which that is what we’ll talk about now in our pouch, our initial investment, we are starting off with $426 and 15 pennies. So actually we’re under $500. And the reason why we’reunder $500 is due in part to fees. So I to commence with $700. I’ll present you guys actually in my pocketbook so that we’re very clear andtransparent now on how we are beginning. —- We started out with 700 and actually wherewhere’s it at $696 is what we started out with. Then we get and we exchanged Ethereumfor ohm, and we were at $ 518 and 97 cents. And we had costs to pay. So our rewards to start or $25 justto approve the spend and then to actually stake, we endedup another $72 in rewards. So the fees are quite high. I signify, we, we could’ve been actually, you are familiar with, a little more, wecould have been over the $500 differentiate. If our fees weren’t so much, but it doesn’t matter if fees are costs andthat’s the, the cost of doing business. And that if that holds you back fromjumping into a protocol like this, you’re just view yourself back.So don’t let gas costs brace youback from taking an opportunity. Don’t let that encumber you back from. —- It’s very easy to be like, oh, those gas rewards are so crazy. I’m not going to do it. Well, guess what if in a year from now, ifthis is worth 4000% more, we’re not going to be complaining about that, that $72 in gasfees that we paid to stake our, we were not. So don’t let that hold you back. I’m not letting it impound me back. That’s exactly why I’m doing this videoseries with us a very small amount.I want people to be able to seethe risk payoff influence is there. And if, if anything, follow along, be seen to what extent you like what we’re doing and thenfollow along yourself and, and jump in. But that’s exactly how we’re starting. So we are starting with $ 426 and 15 pennies. That is 0. 214% of G O H M. If you go to steak, we are at 1. 26 1. 2623 S. —- Ohm is what we’re actually venturing. Okay. And that is equivalent to the G OH M, which when you switched from the form one contract to versiontwo, that’s what turns it into G ohm.And that’s what we paidthat $72 feed that you watched. Okay. So to be clear, we are startingwith a $426 and 15 pennies. We’re going to record that into a ledgerand we will update weekly as we go and keep that revised so that wecan see our progress as “theres going”. So our next payoff is inthree hours and 32 times. This, this is a three-three and this is gonna be 0. 3543%. The ROI, the five day rate right now is at 5. 4, four nine, 5 %, which so 1% a dayover the five day period, I’ll take it. The, the wizard of compounding interesthere is what we’re going to see.—- And that is actually, too exciting. Okay. One of the things I wanted to talkabout, so we’ll talk about the APY 4711. 2. The daily price lodged is to be2 million, 887 million 333, 6 45. So that’s 2 billion, 2 billion, 887,333, 000. Okay. The current index is 58. 9 S O H M. And I want to show you guys what that makes. So the G O H M cost is 19910. 42, where they get in the current index is 58. 97 S O H M, where they get this expenditure. This cost is G O H M. The premium of now, I’m sorry. The rate of G O H M is equal to theprice of ohm, which is our 3 37 0. 59 multiplied by the current index. So if you make 337 target 59, andyou multiply that times 5 58 0. 97, that is where you get the price of G O H M. And the patronage per ohm is currently at 96. 3, nine $96 and 39 cents. —- So the risk-free treasury resource isanother thing that we want to talk about. If we go mouse over that, the risk-free value is the amount of funds that the treasuryguarantees to use for backing ohm. So this is going to back ohm regardless, and thatis where, what this run, this runway matters.So right now , no matter what, if anything was to change, the treasury can back everything up for 362. 4 eras. So thanks for watching. We’re going to do this weekly, and we willkeep everybody updated on our progress. We’re holding the, like I said, we’re keepingthe barrier to entering low-grade under 500 bucks, and I’m provoked to do this weekly. So we’ll, we’ll see where we’re at. But if this is your first timehere, touched that agree button, check out the time, the, the time video that we’redoing, we’re going to do that weekly as well. And which is just a fork of Olympus on avalanche. And then likewise “ve been looking for” our other videos, buteither way reached that agree button, leave. Any questions, any comments, any concerns, anything that “youve had”, leave that below, and we’ll talk about it, but that’s it.So thanks for watching. We’ll see you next week ..