Olympus (OHM)
Unlock Schedule
Olympus (OHM) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Olympus (OHM) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence OHM price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Olympus tokenomics at a glance
Olympus tokenomics center on a transparent treasury and policy‑driven supply. The treasury holds reserve assets (consolidated primarily in sDAI and related stable instruments) and protocol‑owned OHM liquidity. When OHM trades at a premium to its backing, the Emissions Manager may mint and sell a measured amount of OHM, growing reserves. When conditions weaken, YRF and RBS can buy and burn OHM or provide bid support. This creates a reflexive loop intended to keep OHM liquid and range‑bound over time. (docs.olympusdao.finance)
- Supply expansion: Programmatic emissions through Bond Protocol markets when a premium exists. (docs.olympusdao.finance)
- Buybacks and burns: Yield‑funded repurchases (plus use of purchased OHM’s backing) on a set schedule via YRF. (docs.olympusdao.finance)
- Liquidity strategy: Long‑term POL on Uniswap v3 and dynamic OHM/DAI depth via RBS. (docs.olympusdao.finance)
What moves the OHM price?
While this page does not list live data, several evergreen drivers shape perceived value: the size and composition of backing; policy settings like emission thresholds; treasury yield routed to buybacks; and market demand for OHM as a unit of account, collateral, or treasury asset. In short, “Olympus tokenomics” tie OHM price dynamics to measurable on‑chain mechanics. (docs.olympusdao.finance)
gOHM governance power and borrowing
gOHM holders steer upgrades and monetary policy through on‑chain voting. They can also borrow against their gOHM in Cooler Loans for stable liquidity without selling, a core utility for DAOs, long‑term holders, and integrators building OHM‑native products. (docs.olympusdao.finance)
Assumptions
- OHM supply is uncapped; we model realized issuance up to 2025-10-15 and do not project beyond.
Olympus’ monetary policy allows mint/burn via bonding, former rebasing, pOHM exercises, and Emissions Manager, with no max cap.
- Protocol-Controlled Issuance aggregates rebases, bond payouts (to bonders), any historical DAO mint from bonds (legacy), pOHM exercises, and Emissions Manager mints.
Olympus’ own docs enumerate all as supply growth paths; precise per-mechanism breakout is not available in primary sources used here, so we consolidate and segment by policy era.
- Total modeled supply used for allocation percentages is 21,110,000 OHM as of 2025-10-15 (community sale + initial liquidity + aggregated issuance).
Anchored to CoinMarketCap-reported total supply for OHM v2 around the accessed date; treated as approximate for visualization.
- Temporal segmentation and token amounts within the Protocol-Controlled Issuance allocation are apportioned proportionally by era length.
Reward rate changes (OIPs) and the rebase shutdown date are well-specified, but authoritative monthly mint-by-source data was not available from primary docs; proportional apportioning yields a tractable monthly-linear series for charting.
- Rebasing ended on 2023-10-06; subsequent issuance is via Emissions Manager when premium >= minimum.
Confirmed via Olympus forum guidance and current docs that staking is now non-rebasing (legacy) and EM handles programmatic issuance.
- 1. https://olympusdao.medium.com/initial-discord-offering-the-olympus-fair-launch-event-484987c32e89
- 2. https://olympusdao.medium.com/first-month-in-review-e415191d680a
- 3. https://docs.olympusdao.finance/main/contracts-old/equations/
- 4. https://forum.olympusdao.finance/d/37-oip-11-reducing-reward-rate
- 5. https://forum.olympusdao.finance/d/77-oip-18-reward-rate-framework-and-reduction
- 6. https://forum.olympusdao.finance/d/755-oip-63-reward-rate-adjustment
- 7. https://forum.olympusdao.finance/d/1224-oip-100-adjust-reward-rate
- 8. https://forum.olympusdao.finance/d/1414-oip-119-ohm-bonds-and-emissions-framework-launch-plan
- 9. https://docs.olympusdao.finance/main/legacy/staking/
- 10. https://forum.olympusdao.finance/d/4290-date-of-last-staking-epoch
- 11. https://docs.olympusdao.finance/main/overview/emissions-manager/
- 12. https://docs.olympusdao.finance/main/user-guides/using-website/bonds/
- 13. https://olympusdao.medium.com/what-is-poh-16b2c38a6cd6
- 14. https://coinmarketcap.com/currencies/olympus/
Allocations
Description
#215
The Olympus protocol is a decentralized financial (DeFi) system that supports OHM, a treasury-backed token.
Sector: | Asset Management |
Blockchain: | Ethereum |