OLYMPUSDAO BUYBACKS

Summary from the TLDR Crypto newsletter

OlympusDAO has introduced a leveraged buyback-and-burn program for $OHM, utilizing yield from its $181M treasury to repurchase $83K of $OHM weekly. By borrowing against its own backing, this means a $1 buyback actually acts like $5, making the buybacks much more powerful and helping to boost the value of $OHM while reducing the supply.