AKAS DAO The Awakening of a Full-Chain Decentralized Financial Civilization
Rebuilding Trust and Order On-Chain Through Resonance, Governance, and Code
Prologue – Return to Origin
As Ethereum transitions from Proof of Work (PoW) to Proof of Stake (PoS), the utopia once envisioned by early consensus builders is gradually being replaced by a battlefield of capital.
At this turning point, AKAS DAO chooses to return to its original spirit.
Carrying the philosophical flame of Olympus DAO, AKAS DAO is a sanctuary where centralized privileges and capital no longer dictate the rules.
Here, we embed fairness into code, write rules into contracts, and engrave transparency on-chain.
From now on, power will no longer be monopolized by the privileged few, but collectively defined by every contributor.
You were not invited — you were summoned.
Join us, and help co-create the brilliance of decentralization.
Let us build a fair, open, and just on-chain utopia — together.
The Evolution of Olympus DAO and the Rise of AKAS DAO
Olympus DAO 1.0 (2021)
The Foundational Model: Bond + Staking
This marked the beginning of Olympus DAO, and the birth of the now-iconic concept of Protocol-Owned Liquidity (POL).
Core Mechanisms:
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Bonding: Users exchange assets like DAI for discounted OHM tokens, subject to a lock-up period. This allows the protocol to accumulate reserve assets.
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Staking: OHM holders can stake their tokens to earn high APY (e.g., over 7000%), compounding returns over time.
Objectives:
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Establish a reserve-owned asset base for the protocol, reducing dependence on external liquidity.
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Develop OHM into a decentralized reserve currency.
Challenges:
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Excessive APY attracted speculative capital, leading to volatility and ecosystem instability.
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Without real value support, the system relied heavily on inflationary token emissions to sustain momentum.
Olympus DAO 2.0 (Q4 2021) – The POL Era & Real Yield Exploration
To address the inflation issues of 1.0, Olympus introduced an upgraded economic model:
Major Updates:
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Shift to full Protocol-Owned Liquidity: Liquidity pools (e.g., OHM-DAI) were gradually migrated under protocol control to reduce incentive leakage.
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Launched Inverse Bonds: The protocol uses reserve assets to repurchase OHM and manage token circulation.
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Introduced intrinsic value concepts: A baseline valuation model that suggested each OHM was backed by at least 1 DAI.
Significance:
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A step toward a sustainable token economy.
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Refocused community attention on long-term value rather than short-term APYs.
Olympus DAO 3.0 (2022) – SubDAOs & Ecosystem Expansion
Olympus DAO evolved beyond being just a monetary protocol — it started building an entire ecosystem.
Key Concepts:
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SubDAO Development: Supported Olympus-inspired protocols like Redacted Cartel and TempleDAO, forming a governance matrix.
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DAO Governance Innovations: Enhanced community participation mechanisms and encouraged cross-project collaboration.
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Expanded Use Cases: OHM was integrated into stablecoin collateral, cross-chain protocols, and governance tools.
Impact:
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Olympus DAO transformed from a single product into a cornerstone of the broader DeFi ecosystem.
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It pioneered the “Money-as-Governance” approach by aligning economic and political coordination across protocols.
OlympusDAO 4.0 (Q2 2025) → The Global Launch of AKAS DAO
In Q2 2025, Olympus DAO’s vision took a full-chain evolutionary leap with the global release of AKAS DAO.
AKAS DAO inherits the essence of Olympus DAO — POL and on-chain governance — while undergoing full-stack upgrades in design and structure.
It introduces a redesigned incentive architecture and a novel resonance-based reward logic, achieving a truly consensus-driven, community-governed, code-executed on-chain order.
This moment marks the birth of a new world on-chain — one free from privilege, powered by contracts, and structured by resonance.
AKAS DAO is now entering a new era of global co-creation, building a truly decentralized, fair, and just on-chain civilization.
