Olympus (OHM) - Cooler Loans V2 Vote - 18 May to 25 May 2025
Olympus is starting a new system for loans called Cooler Loans V2. This lets people borrow money at a fixed interest rate, and there will be no forced selling if the price drops. All loans are backed by the Olympus reserves, which can make the platform more stable. If the community votes yes, many users may start using this service, which could increase demand for OHM. Still, if people do not find the borrowing terms attractive, there might be little effect. The vote result will show if this can move OHM price. sourceCooler Loans V2 has been submitted to Olympus On-Chain Governance.The proposal activates perpetual, fixed-rate borrowing, free from price-based liquidations and powered by the Olympus reserves, all managed through a single dynamic position.Vote starts in 2 days:…