After member adoption of a new Treasury Framework on Friday, decentralised reserve crypto project Olympus will raise holdings of “volatile assets” such as ether (ETH) in the treasury backing its OHM token.
“We’re aiming for 75% stablecoins and 25% directional exposure,” said Relwyn, an analyst on the Olympus treasury team.
This differs from the 79%-21% split of Olympus’ $200 million treasury of stablecoins, volatile assets, and protocol-owned liquidity.
Midday Friday, the vote was nearly unanimously approved.
The voting involved 76 wallets holding a total of 23,000 OHM tokens.
