olympusdao

Came across OlympusDAO: its cross-chain bridge has officially switched from LayerZero to Chainlink CCIP.

Ethereum, Arbitrum, Base, Optimism, Berachain, Solana, and Robinhood Chain—all seven chains now use CCIP as their single official channel. Governance proposal OIP-198 passed a few days ago, and the change went live today.

Users barely need to do anything: OHM contract addresses on each chain remain unchanged, with no need to swap tokens or migrate. The Olympus bridge entry point is still the same. The reason for the switch is practical: LayerZero V1 is no longer available on several L2s, and rather than force an upgrade to V2, the DAO decided to consolidate cross-chain transfers and its existing price feeds with Chainlink.

The main Ethereum pool will still use lock/release, while destination chains use burn/mint, with the total supply anchored to the mainnet treasury. Some EVM routes also have one-way limits (around 100,000 OHM, for example), so larger transfers may need to be split into several transactions.

Infrastructure changes like this don’t make much noise, but they matter to holders and integrators—one fewer bridge, and one less layer of fork risk. $OHM #OlympusDAO #CCIP

🚨 $NET SMASHES NEW ALL-TIME HIGH AS OLYMPUSDAO MECHANICS RETURN TO DEFI! 💥

Smart money is bidding up $NET as market capitalization clipped an all-time high of $86M before settling around $76.2M, logging a solid +15.56% daily move. 📊 Backed by Robinhood-linked NetNet Capital, the token revives classic OlympusDAO treasury architecture with hard-coded risk-free backing.

Every single $NET is programmatically anchored by at least 1 $USDG in treasury value, complete with automatic transaction rollbacks if minting exceeds reserve limits. 🔒 That creates a fascinating mechanical floor while liquidity drives explosive upside potential.

💡 When treasury-backed game theory aligns with fresh institutional capital, momentum traders take notice. 💬 Are you hunting this dip after the ATH sweep, or holding off for treasury growth? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #NET #DeFi #OlympusDAO #Crypto

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