SUSHISWAP:OHMDAI_055475   OLYMPUS / DAI STABLECOIN on Ethereum (055475...7722D3)
By calculating the Premium that the market pays from market value backing per Ohm (MVBperOHM) - check here for my spreadsheet we can clearly see the prices that are atractive to some of the biggest holders of sOHM (or staked OHM).

Basicaly you either get a loan on RARI FUSE or ABRACADABRA, when the premium is low, so you can LONG it and you terminate the loan when the premium is HIGH, that way you actually never sell your staked Ohms and earn much more from rebases, or the simple way: buy low, sell high, but be carefull on the ETH gas fees


Comment:
What I find interesting is that after approximately 30 days after a High Premium, we have a Low Premium, followed by a 60 day up trend, that peaks again with a High Premium.

Please keep in mind, that during these cycles, the treasury kept adding value and is currently at 462 millions. (3,3) works.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.