SquidOHMas: SquidDAO and OlympusDAO Partner To Launch OHM-themed Squid NFTs

Cer Cephla
Squid DAO
Published in
3 min readDec 8, 2021

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Olympus themed NFTs are coming to the Squidadel to honor the Ohmies.

TLDR Ser:

  1. SquidDAO is auctioning 12 Olympus God-themed Squid NFTs.
  2. Bidding currency will be only $OHM
  3. One NFT auction per 24 hours — so only 12 chances to get a rare OHM Squid NFT
  4. Each NFT comes with governance voting power and protocol fee share.

Ready to ape ser — more details:

12 Days of Squid x OHMas starts December 8th

NFT auctions will begin December 8th 5 PM EST — Squid auction 83. Each auction lasts 24 hrs; however, time is added when a bid occurs in the final 5 minutes.

Only bids in $OHM will be accepted for these special Olympus DAO themed NFTs.

Why bids in $OHM?

SquidDAO is dedicated to building a long term partnership with OlympusDAO. As a result, SquidDAO has committed to holding and staking OHM collected via auctions.

While it is true the Krakens of SquidDAO horde stacks of ETH in the deep waters of the shoal — over 10,000 ETH in our first 30 days — we have decided to diversify into OHM. By offering OHM-only bidding on NFTs, SquidDAO opens itself up to new potential community members.

Krakens and Olympians love ultrasound monies. Therefore, with open tentacles, SquidDAO welcomes the chance to hold up to 10% of its treasury in sOHM. This is in addition to 10,000 ETH already in Kraken’s strong tentacles. Together we are frens and looking for LTR with Olympians.

When OHM bonds ser?

After the OHM auctions are complete, SquidDAO will work with Olympus to release OHM bonds. This will allow Ohmies to get exposure to SquidDAO ETH treasury, without selling OHM.

building a community-owned decentralized financial infrastructure to bring more stability and transparency for the world.

Olympus & SquidDAO love ultrasound money. especially considering up to 33% of the Olympus treasury is full of ETH — a well loved treat of the Kraken.

What is SquidDAO?

A mashup of Nouns DAO auctions, Olympus DAO mechanics, and Curve locked vesting and revenue share.

Our vision is to be the future of finance, embracing fairness, transparency, meritocracy, partnership, and equal access, all with ETH as the unit of account to shift people’s perception of value by pricing everything in ETH, rather than US dollars. ETH is money; let’s start treating it that way.

Main website — https://squid.xyz/

Join our Discord — https://discord.gg/squid-dao

What is OlympusDAO?

Needs no introduction anon or NAGMI — https://www.olympusdao.finance/

Olympus is building a community-owned decentralized financial infrastructure to bring more stability and transparency for the world. Join their discord: https://discord.com/invite/olympusdao

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Cer Cephla
Squid DAO

The Squid DAO is a collection of Ethereum loving paralarve and kraken that just want more.