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The power of Gods comes alive in the form of Apollo token.
Step into the Realm of Olympus
An ambitious decentralized finance initiative focused on developing an innovative and sustainable ecosystem by implementing strategies that leverage a series of token distributing lobbies, rewarding yieldfarming, vault system for earning returns, and more.
Olympus is revving up, and it's going to be epic. Hop on board our communities to stay informed!
There are 97.000 Billion Apollo tokens left to claim.
Olympus ecosystem consists of two main tokens: Apollo and Ares, as well as a liquidity token for internal swaps.
While each token has a specific role and
purpose in the project, Apollo is considered the main token and the main focus of the project.
Olympus is an ambitious decentralized finance initiative focused on developing an innovative and sustainable
ecosystem
that empowers users through its core token, Apollo.
Olympus aims to provide a range of
innovative DeFi features and mechanisms such as token distribution lobbies, yield farming,
vault, liquidity pools, auctions, and more.
By including these features, Olympus aims to
create sustainable value for Apollo token and its holders over the long term.
The
combination
of Olympus features and tokens establishes a platform for financial opportunities.
Our main goal is for the Apollo token to achieve steady and sustainable price growth over the long run.
Additionally, we strive to promote price stability for the Apollo token.
This is made
possible through the mechanisms and features like buyback strategies, reserve liquidity, and
platform-owned
liquidity from taxes. Carefully designed interactions between features help implement strategies
to support our goals.
Open Docs
Watch an introductory video and anoverview of Olympus.
Olympus is designed to be an ecosystem of features that help and feed each other to achieve
the end goal of creating a valuable token.
Let's take a brief look at the main features
of Olympus.
Reserve Liquidity
Instead of directly injecting Lobby entries into the swap liquidity, Olympus utilizes the SOLANA entries to a reserve liquidity pool. This pool awaits a swap sell to inject the funds into the swap, and any remaining funds in the pool are transferred to the buyback pool at the start of the next lobby. This approach ensures a well-moderated liquidity system, aiming to minimize volatility in the swap liquidity while allowing the buyback pool to gradually accumulate additional funds over time.
Yield Farming Reward Pools
Olympus features three reward pools for SOLANA, Ares, and Liquidity token. These pools collect rewards from various sources and are subsequently distributed among yield farming stakes.
Ares Mining
Ares token serves as the second token of Olympus as a reward for investors who actively participate in various features. These tokens can then be sold or used to generate more earnings through Vault.
Stake Auction
Investors can auction their Vault stakes at any time, setting their desired price in SOLANA. This allows them to offer their stakes for sale to other investors or buy other auctioning stakes.
366 Days of Buybacks
Olympus introduces a 366-day daily buyback feature using lobby entries, utilizing a significant portion of the lobby entries. Through this mechanism, tokens are purchased daily from the swap and moved to Vault.
Early Exit Tax
Olympus is designed to reward users who contribute to the project's growth by maintaining their investment. This is achieved through the implementation of a tax system that provides rewards to those who remain committed to the project.
Internal Swap
To provide enhanced access to the swapping and utilization of the taxing and buyback system for Apollo token ,Olympus has developed its own internal swap platform for the Apollo-SOLANA pair.
What lies ahead for Olympus?
As outlines in our roadmap, Olympus is a lively and active ecosystem where we are consistently building and
growing.
A major milestone, Day 366, will mark the conclusion of certain functionalities within
Olympus. These include end of lobbies, as the the token distribution process will be
completed, the end of buybacks, and the removal of swap and transfer taxes of Apollo token.
These signifies the publicization of the Apollo token and reflects our focus on the launch
of CryptoSphere and it's integration with Apollo token.
We recognize that for a token to remain valueable and grow in the long term, it requires continuous project updates as our roadmap describes it and also a broader purpose, this is where CryptoSphere idea comes into play, utilizing and elevating the Apollo token to new heights after 366 days.
CryptoSphere will leverage the Apollo tokens to bring value and introduce new use cases.
With the launch of CryptoSphere, the Apollo token will play a significant role as one of the
primary tokens used within the platform.
This transition will bring a new meaning and era to the Olympus and Apollo token, benefiting
all investors involved.
CryptoSphere's success relies on Olympus and its investors. Through multiple decision-making and voting rounds, we will shape the best path forward for CryptoSphere, with the help of Olympus investors. Read more about CryptoSphere
Olympus is a lively and active ecosystem where we are consistently working on new features to ensure its
vitality.
Our roadmap reveals several upcoming features and developments, with the
most significant one being our ambitious utilize for Apollo token, the CryptoSphere.
Olympus is Alive!
Start of Test-net and Test-net Event
Launch of Olympus on Main-net
Building of Decision-Making panel Begins!
Beginning the development of a decision-making panel
Launch of new feature, Apollo Farm
Grab Your Airdrops: Farming Season is Here!
Distribution of Apollo airdrop for Test-net Event participants.
Launch of a new feature, an Apollo farming
feature.
Launch of a new feature, an Ares farming feature.
-- 2025
Development Begins: Voting CryptoSphere into Reality!
Starting CryptoSphere development, sharing progress with users
First round of governance decision making
for CryptoSphere
2nd Round of governance decision making for CryptoSphere
CryptoSphere Dawn: The New Era Begins!
Launch of CryptoSphere
Olympus Decides: Crafting the CryptoSphere Vision!
Continuing with the development progress of the CryptoSphere
3rd Round of governance decision making for
CryptoSphere
4th Round of governance decision making for CryptoSphere
Introducing
the next airdrop contest
Apollo's Independence: Farewell Taxes, Hello Freedom!
5th and last round of governance decision making for CryptoSphere
Removal of Apollo transfer Taxes
End of Olympus Lobby feature
Publicizing the Apollo token
Here you'll find answers to frequently asked questions about our company and services.
Token Distribution Lobbies: Fair distribution of Apollo tokens over a period of 366 days to ensure a stable and equitable distribution.
366-Day Buybacks: Surplus liquidity is used for a 366-day buyback program to support the Apollo token's price and create a strong incentive for investors.
CryptoSphere: A long-term plan to utilize and elevate the Apollo token beyond the initial 366-day period, providing a broader purpose and additional use cases.
Platform-Owned Liquidity: Taxes are collected and used to generate platform-owned liquidity that cannot be removed, stabilizing the Apollo token's price and creating a sustainable ecosystem.
The Olympus ecosystem consists of three main tokens:
1.Apollo, the core token of the ecosystem.
2. Ares, a reward token that its main use is in Vault stakes.
3. LP Token, a token representing liquidity provided to the Olympus platform.
The Apollo token is the core token of the Olympus ecosystem and serves as the primary asset around which the platform's features and mechanisms are built.
It is designed to create long-term sustainable value for its holders through various mechanisms, such as fair distribution, buybacks, platform-owned liquidity, and integration with the CryptoSphere.
Olympus employs a 366-day long token distribution mechanism called Lobbies instead of immediately adding tokens to a pool for investors to buy. This model is designed to ensure a fair distribution of Apollo tokens and help create a stable and fair price for the token.
Olympus employs several mechanisms to achieve price stability for the Apollo token, including:
1. 366 days of buybacks using the project's surplus liquidity
2. Platform-owned liquidity that cannot be removed, providing price stability
3. A taxing system to generate platform-owned liquidity and incentivize long-term holding.
The 366-day buyback program is designed to utilize the project's surplus liquidity to buy back Apollo tokens over an extended period, without negatively impacting the token's liquidity and price.
This buyback program creates a strong incentive for investors and plays a vital role in sustaining the project for the long term.
Olympus has implemented a Taxing system for the initial year of the project with the purpose of incentivizing long-term holding and, more importantly, generating platform-owned liquidity from the collected taxes. This liquidity is added to the swap and cannot be removed, thereby stabilizing the Apollo token's price.
CryptoSphere is a long-term plan to utilize and elevate the Apollo token beyond the initial 366-day period. It encompasses a range of initiatives and developments aimed at providing additional use cases, value, and sustainability to the Apollo token.
CryptoSphere is crucial to the future of Apollo because it outlines the project's vision for the long-term growth and development of the ecosystem. It recognizes that the initial 366-day period is just the beginning and that ongoing innovation and expansion are essential for the project's success.
CryptoSphere represents a new era for Apollo token holders, as Apollo will be the main token of CryptoSphere project.
Key aspects of CryptoSphere development and importance:
Multiple DAO rounds to gather community input and make decisions about the future direction of the project.
Expansion of the Olympus ecosystem beyond its current offerings, including the development of new products and services.
Integrations with other DeFi protocols and platforms to increase the reach and accessibility of Apollo tokens.
Olympus aims to create a sustainable ecosystem through various mechanisms and approaches, including fair token distribution, buybacks, platform-owned liquidity, long-term plans for the Apollo token (e.g., CryptoSphere), and a combination of DeFi features and mechanisms that incentivize long-term holding and participation.
Olympus aims to create an innovative and sustainable decentralized finance ecosystem centered around its core token, Apollo. The project's focus is on long-term sustainability, fair distribution, price stability, and providing a range of DeFi features and mechanisms to create value for Apollo token holders.
There are two main ways to acquire Apollo tokens:
a. Buy them from the internal Olympus Swap, paying the applicable Swap Buy Tax.
b. Participate in the Lobby feature by depositing SOLANA into open Lobby to receive a share of Apollo tokens once the Lobby ends after 3 days.
After that, you can continue earning rewards on your Apollo tokens from the Vault or the Yield Farming reward pool while still holding your Apollo tokens. This allows you to accumulate more Apollo tokens through the reward mechanisms while maintaining your initial token holdings.
You can get involved with Olympus by joining our Discord server, joining Telegram group, and staying updated on our blog and social media channels. Additionally, you can participate in upcoming events and governance decision making rounds to earn more rewards.
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