Redacted Cartel
REDACTED Cartel is an initiative using the POL mechanics of OlympusDAO to accumulate as much liquidity as possible from the Curve ecosystem in order to have a majority say over the Curve gauge.
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When interacting with [REDACTED], users will bond their governance tokens through metamorphosis and will receive an equivalent amount of discounted $BTRFLY. By locking up assets in our treasury, users are effectively taking them off the secondary market, decreasing the circulating supply available. In addition to the secondary market liquidity shortage, the tokens will also be used in various yield strategies to further grow the treasury, which ultimately increases the intrinsic value of $BTRFLY. This positive feedback loop creates a constant upward pressure on the fundamentals of the protocol, allowing for natural growth of the treasury.
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