The reserve currency of Robinhood Chain

Olympus is an OHM-style reserve protocol for Robinhood Chain, built around one token: $rOHM. Holders stake to compound their balance every rebase, or bond to buy $rOHM below market price while growing the protocol treasury. The design follows the playbook that OlympusDAO pioneered on Ethereum and that echoed across every major chain — treasury-backed money, staking rebases, and bond sales — rebuilt EVM-native for Robinhood Chain.

The protocol has three moving parts, and every page of the app maps to one of them:

• Stake — lock $rOHM, receive sROHM, and watch the balance rebase upward every epoch, automatically.
• Bond — sell ETH, liquidity, or USDC to the protocol in exchange for discounted $rOHM that vests over days. Bond payments are what fill the treasury.
• Treasury — the pool of assets the protocol owns. It funds staking emissions and puts a floor of real value behind every token.

The (3,3) game

(3,3) is the game-theory shorthand the original Olympus made famous. Model the protocol as a two-player game where each player can either stake or sell, and score the outcomes:

If everyone stakes, supply comes off the market, the treasury keeps compounding, and both players capture the maximum payoff — (3,3). If everyone sells, both players eat the downside — (-3,-3). Staking is the dominant cooperative strategy, which is why "(3,3)" became the protocol's handshake.

Staking

Staking is the primary value-accrual strategy. You deposit $rOHM and receive sROHM (staked rOHM) 1:1 at the current index. From that moment your sROHM balance rebases up every epoch — no claiming, no re-staking, no gas-per-claim. Compounding is automatic and continuous.

Rebases & epochs

An epoch is the protocol's heartbeat: every 5 minutes, a rebase fires and every staked balance grows by the per-epoch reward rate. The dashboard's Next Rebase tile counts down to the next one, live, and the epoch number ticks up each time. Rewards are credited to stakers proportionally — your share of the pool never changes from a rebase; the whole pool grows.

The index & sROHM

The current index tracks cumulative rebase growth since epoch 0. It started at 1.0 and compounds by the reward rate every epoch. Mechanically, your position is stored as a fixed number of underlying units; your visible sROHM balance is those units multiplied by the index:

Because the index only ever multiplies upward, "1 sROHM today" is worth more $rOHM-units of history than "1 sROHM yesterday." The index is the single number that summarizes what staking has paid since day one.

APY math

The headline APY is the annualized result of compounding the per-epoch reward rate across every epoch in a year. With a 5-minute epoch there are 105,192 rebases per year, so the two numbers are linked by:

The Stake page shows this same math applied to your balance — Next reward yield is your staked balance × rate, and the ROI rows compound it over 5, 7, 30, and 365 days. The Calculator tab lets you project any amount over any horizon.

Bonding

Bonding is the protocol's supply mechanism and the treasury's only source of growth. Instead of buying $rOHM on the market, you sell assets to the protocol and receive $rOHM at a discount — in exchange for a short vesting period. Every bond payment goes straight into the treasury and stays there (protocol-owned, never rented).

Markets & discounts

LP bonds carry the deepest discount because they're the most valuable to the protocol: liquidity the treasury owns can never be pulled by a mercenary LP. Your payout is computed at the discounted price at the moment you bond:

Vesting & claiming

Bond payouts vest linearly over 5 days — at any moment you can claim exactly the fraction that has vested so far. The Bond page tracks each of your active bonds with a progress bar and a live claimable amount. Two buttons:

• Claim — move vested $rOHM to your wallet balance.
• Claim & Stake — claim and stake in one motion, rolling your bond payout straight into the rebase. The (3,3) move.

Bonding beats market-buying when the discount is positive and you're willing to wait out the vest. Staking beats bonding when discounts compress. The two strategies are designed to balance each other.

Treasury & backing

The treasury is the protocol's balance sheet: every bond payment accumulates there, and the protocol — not any individual — owns it. It does two jobs:

• Funds emissions. Staking rewards are paid from a finite reserve on a fixed schedule. The Runway metric shows how many days the treasury can sustain current emissions — it lengthens as bonds fill the treasury and shortens as more supply stakes.
• Backs the token. Backing per token = treasury balance ÷ circulating supply. It's the verifiable floor of real assets underneath every $rOHM — not a price guarantee, but a number you can check on the dashboard at any time.

Metrics glossary

Every number on the dashboard, defined:

The $rOHM token

When the token goes live, the contract address appears in the app with a one-click copy button and a DexScreener link. Anything not shown there is not the token — verify the CA against the app before you buy anything.

How it works under the hood

Olympus runs a deliberately simple, transparent architecture:

• The token is a standard token on Robinhood Chain. $rOHM itself carries no rebase logic — which means no rebase-token exchange headaches and no elastic-supply surprises in your wallet.
• Staking & bonds run on the protocol ledger. Positions, rebases, bond vesting, and the leaderboard are tracked on the protocol's off-chain ledger, keyed to your wallet address. You connect your EVM wallet and the app reads your 0x address — no approvals, no wallet-drainer surface, nothing to sign.
• Rewards settle by airdrop. Staking growth and claimed bond payouts are settled to holders as periodic on-chain distributions to the same address.
• The treasury is on-chain. Treasury assets sit at a protocol address anyone can inspect. The dashboard reads from it; you don't have to trust the label.

The rebase engine itself is exact, not approximate: the index catches up deterministically across any gap, so a rebase never goes missing — the same (1 + rate)^n math produces the same index for everyone, always.

Risks & honest answers

Reserve protocols print spectacular numbers, and the honest version of this page has to say the quiet part out loud:

• High APY is an emission schedule, not income. Your token count grows; the value of each token depends entirely on what the market does. Every OHM fork's APY decayed over time. This one will too.
• Backing is a floor of assets, not a peg. Price can and does trade below backing in stressed markets. The treasury doesn't promise buybacks at any level.
• (3,3) is a coordination story. It describes what's collectively optimal, not what individuals will do. The history of this design includes both $4B protocols and painful unwinds.
• The reserve is finite. Emissions are funded from a fixed reserve on a fixed schedule. Runway is published on the dashboard — watch it.
• Nothing here is financial advice. Participate with what you can afford to lose, and verify every number the dashboard shows you.

FAQ

Do I need to claim my staking rewards?

No. Rebases compound into your sROHM balance automatically, every epoch. The only claiming in the protocol is for bond payouts as they vest.

Can I unstake at any time?

Yes. Unstaking converts sROHM back to $rOHM 1:1 at the current index, instantly, with no cooldown and no exit fee.

Why would I bond instead of just buying?

The discount. A 6.5% ETH bond hands you more $rOHM per dollar than the open market — the trade-off is the 5-day linear vest. If you were going to stake anyway, Claim & Stake turns each vested slice straight into a rebasing position.

Where does the yield come from?

Bond sales fill the treasury; the treasury funds emissions on a fixed schedule. There is no external "yield source," no lending desk, no strategy vault — just the reserve, the schedule, and the runway number telling you how long it lasts.

Which wallet do I use?

Any EVM wallet — MetaMask, Rabby, or any injected 0x provider. Hit Connect Wallet in the header; the app only reads your address. It never asks you to sign anything or approve any contract — the ledger does the rest.

When is the token live?

The contract address appears in the app the moment $rOHM launches — with a copy button and a DexScreener link. Follow @RobinhoodOHM for the announcement, and trust only the CA shown in the app.