Cooler Loans V2 Fireside Discussion

OlympusDAO’s Cooler Loans V2 aims to redefine on-chain borrowing. This upgrade lets OHM holders borrow DAI using gOHM as collateral, with a 0.5% fixed interest rate and up to 95% loan-to-value ratio. Unlike traditional DeFi lending, there are no price-based liquidations or oracle dependencies, thanks to gOHM’s full DAI backing via Olympus’ Protocol Owned Liquidity (POL) model [Olympus Docs]. The fireside chat, a moderator-led discussion, will dive into how this reshapes DeFi lending, offering insights directly from the team. Set your reminders: [link to event].

Recent News

OlympusDAO has been making waves. On April 30, 2025, they shared updates on Medium, highlighting community growth with 17.4K followers and active governance participation across multiple chains [OlympusDAO Medium]. Their POL model continues to ensure deep liquidity, a key factor in Cooler Loans’ stability. This event follows a surge in DeFi lending scrutiny, as platforms like Aave face volatility concerns [CoinDesk, May 2025].

Future Plans

OlympusDAO’s roadmap includes expanding Cooler Loans to support more assets and integrating with additional layer-2 solutions by Q4 2025, aiming to boost scalability and user access [OlympusDAO Website]. They’re also exploring cross-chain staking enhancements to further empower $OHM holders.

Onchain Data

As of May 2025, Olympus Treasury holds over $200M in DAI reserves, ensuring Cooler Loans’ solvency [Dune Analytics]. Staking activity for $OHM has seen a 15% uptick in active wallets since March 2025, reflecting growing trust in the protocol [Etherscan].

Community Sentiment

X is buzzing with optimism. Users praise Cooler Loans V2’s liquidation-free model, with posts like “Finally, a DeFi loan I can trust!” trending. Influencers note its potential to set a new standard for lending protocols.

Risk Disclaimer

While Cooler Loans V2 minimizes liquidation risks, always DYOR—ensure you understand DeFi lending risks like smart contract vulnerabilities.