Olympus Governance
Rating
Score77.00
Sec. Infrastructure Overview
Recent Security Incidents
Incident
Amount Lost
Date
Past Audits
2
58
1 Jan 1
Past Audit Reports
Last codebase change was on: 1 Jan 1
- CompanyDateNumber of Vul FoundLink
- 1 Jan 10
- 1 Jan 10
Code Structure
0
182
0
Code Summery
The main purpose of the Olympus Governance application is to transition from multisig management to a more decentralized on-chain governance model. This shift allows tokenholders to propose, vote on, and implement changes to the Olympus V3 system through a structured governance framework. The gOHM token plays a crucial role in this process, enabling users to participate in governance by voting and serving as collateral for Cooler Loans. Additionally, Olympus employs a modified version of Compound’ Governor Bravo, which includes dynamic thresholds for proposal requirements based on the gOHM supply, ensuring that governance remains adaptable to changes in token distribution.
Centralization
18 out of 20
No upgradability
Go to Dapp
2.00
Poor
Excellent
Admin / Governance Functions
Timelocks
Uses Timelocks
Pauseability
No pause
Admin Wallet
0x0cf30dc0d48604a301df8010cdc028c055336b2e
Use compund governor bravo contract as timelocks
Recommendations
We will have a proposal simulation framework, but it doesn'effect the actual potential use of the governance system
User Rating
No ratings
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