Brief Overview
Welcome to Olympus! We're thrilled to have you become part of our lively community. On this page, we will give you a quick overview of the project's main features and important informations.
If you're starting your investment and need a simple guide Summary & Starter Guide is the best place for you to start. But if you want to learn more about Olympus' main functions, please keep reading to get a better understanding.
Project's tokens
Olympus ecosystem consists of three tokens: Apollo, Ares, and a LP token for the internal Swap. While each token has a specific role and purpose in the project, Apollo is considered the main token and the main focus of the project and internal mechanisms. Apollo, symbolizes the god of prophecy in Greek mythology. In the context of the project, Apollo is considered the main token and signifies a promising future of price growth. Ares, the god of war, has an interesting role within the Olympus ecosystem. It is designed to be burned in vault. The act of burning Ares tokens is done to earn more Apollo tokens.
How to start with getting APOLLO Tokens?
First thing you need to do is to get some Apollo tokens. There are two ways to get your first Apollo tokens.
Participate in lobbies with Solana, The recommended and usually more efficient approach is to participate in lobbies. This allows you to potentially earn more tokens compared to buying them directly from the swap, although you may need to wait up to 3 days to receive your tokens.
Buy Apollo tokens from internal swap, This is the quick and straightforward approach to get tokens. You can simply purchase Apollo tokens from the internal swap.
Lobby system is designed with two purposes in mind: to ensure the fair and efficient distribution of Apollo tokens among investors and to prevent investors from purchasing Apollo tokens at low or unfair rates. Simultaneously, it assists in achieving a more stable and equitable price for the swap. Olympus has introduced the Lobby system and multiple Lobbies as an alternative to simply adding all the tokens to the swap or a vault for users to purchase. This approach aims to distribute tokens between investors in a controlled manner.
Let's take a brief look at the various methods of earning within the Olympus ecosystem.
Staking in Vault to earn more Apollo tokens: The Vault is where you can stake your Apollo tokens to earn daily returns on them in real-time. However, before making a deposit, it is essential to understand how the Daily Return Percentage (DRP) works. By burning Ares tokens during the deposit process, you have the potential to increase the Return Percentage of your stake by 0.6%. Furthermore, the Return Percentage is directly influenced by the duration of your stake
Earning from Yield Farming reward pool: Yield farming is another way to earn in Olympus, and the exciting part is that you can earn three tokens from it: Solana, Ares, and the LP Token. These tokens are generated from the project's taxes and fees, and they are sent into the Yield Farming reward pool. This pool is then distributed as rewards to those who have provided liquidity and staked their LP tokens.
Mining and selling Ares tokens: Ares is a valuable token as it helps increase the Daily Return Percentage of Vault stakes. In Olympus, another way to earn is through Ares mining, where you can earn Ares tokens and sell them on the swap platform to users who require them for maximizing their vault rewards. There are three methods to earn Ares tokens, with participation in Yield farming being the most lucrative. read more in Ares Mining.
Trading deposits in Auction: Investors have the ability to sell their created deposits at a price of their choosing. some investors might have a need to exit quickly for various reasons and may be willing to sell their deposit at a lower total value in order to retrieve their tokens without waiting for their full stake duration. In this scenario, you can actively participate in the market as a buyer or seller of deposits, aiming to make a profit. By engaging in these transactions, you can not only generate profit but also earn Ares tokens as a reward for your involvement.
Farming Apollo and Ares Token: This feature is not available yet.
We also suggest reading Mechanism Breakdown and Day 366 to help you understand how everything in the ecosystem works. Lastly, if you have any questions about a specific feature, you can find a dedicated FAQ box on every page that provides information about the features of that page. Additionally, you can find us at .
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