DAOlympus Presale
February 8th, 2025

DAOlympus: Announcing the pDAOHM Presale

We’re excited to unveil the details of our DAOlympus (DAOHM) presale, introducing a unique, fair distribution model through pDAOHM, our presale token. This structure ensures long-term alignment of our early supporters while helping to bootstrap the DAOlympus treasury for a robust protocol launch.


Presale Overview

  • Token: pDAOHM (non-transferable)

  • Presale Supply: 1,000,000 pDAOHM

  • Price: 0.1 ETH per 1,000 pDAOHM (1 pDAOHM costs 0.0001 ETH)

  • Maximum Purchase per Wallet: 0.1 ETH (=> 1,000 pDAOHM max per wallet)

  • Presale Hard Cap: 100 ETH total

  • Purpose: Funds raised will form the DAOlympus treasury, to be deployed in yield strategies, protocol-owned liquidity, and other initiatives after launch.


Fair Conversion Mechanics

How pDAOHM Works

pDAOHM is a claim token for future DAOHM. It cannot be traded or transferred, so there’s no secondary market for flipping presale allocations. Instead, you can convert your pDAOHM into DAOHM following a time-based schedule after our mainnet launch.

DAOHM Supply & Dilution

  • Initial DAOHM Supply at launch: 1,000,000,000 (1B) tokens.

  • If 100% of the 1,000,000 pDAOHM supply converts immediately (T=0), they collectively mint 1% of DAOHM (i.e., 10,000,000 new tokens).

  • Over 12 months, the maximum possible collective mint grows linearly up to 10% (i.e., 100,000,000 DAOHM tokens).

Hence:

  1. Early Conversions → Lower total minted, smaller market impact.

  2. Later Conversions → Higher total minted but you wait longer, so those who support the protocol long-term are rewarded.

This approach means presale participants cannot all “dump” at launch in a large wave. Meanwhile, those committed to holding pDAOHM can receive more DAOHM later, fostering a healthier market environment for all.

Note: This model does not promise or guarantee any price outcome—it simply defines the mechanics of how many DAOHM can be minted by presale participants over time.


Illustrative Conversion Table

Here’s how the maximum dilution and minted amounts scale from T=0 (launch day) to T=12 months. Assume:

  • 1B DAOHM initial (and constant) supply

  • 1M pDAOHM total

  • 1 pDAOHM = 1/1,000,000 of total pDAOHM

  • If 100% of pDAOHM converts, T=0 => 1% (10M DAOHM minted), T=12 => 10% (100M minted)

Below are sample holdings (100, 250, 500, 1,000 pDAOHM) to illustrate different allocation sizes. Each user’s minted DAOHM is proportional to the fraction of the total pDAOHM they hold.

Conversion Table
Conversion Table

Reading the Table:

  • If you have 100 pDAOHM (i.e., 0.01 ETH contributed) and convert immediately at T=0, you’ll receive 1,000 newly minted DAOHM. Converting the same 100 pDAOHM at T=12 months would yield 10,000 DAOHM—reflecting the higher dilution rate at that time.

  • DAOHM supply is inflationary. This means the supply will grow over time. The examples above use a constant 1B supply to illustrate the increase in percentage of dilution of DAOHM supply from pDAOHM conversion. In practice, the amount of DAOHM you receive will be even higher, due to the growth in supply between launch and the time of conversion.


Why This Model Is Fair

  1. Long-Term Alignment

    • Presale contributors who believe in DAOlympus can wait to convert, gaining a larger share of minted DAOHM later.

    • This naturally aligns early supporters with the project’s ongoing development rather than incentivizing an immediate “pump and dump.”

  2. Reduced Launch Volatility

    • At T=0, the maximum possible new supply from presale is only 1%. This drastically lowers the risk of a massive sell-off upon listing.

    • Market participants can have greater confidence that the initial float is stable.

  3. Flexible Exit

    • Participants who want or need liquidity earlier can convert sooner (at a lower ratio) without severely impacting the token’s circulating supply.

    • In turn, that partial conversion encourages more measured distribution of tokens over time.


How to Participate

  1. Presale dApp

    • Confirm you are eligible to participate in the presale. Presale checker is available here.

    • Stay tuned to our socials for announcements of when our presale will go live.

    • You may contribute up to 0.1 ETH (for 1,000 pDAOHM max). The sale closes when 100 ETH is reached or until the presale end date.

  2. Non-Transferable pDAOHM

    • Your pDAOHM remains in your wallet, visible via the presale contract or a compatible block explorer.

    • Because it’s non-transferable, you cannot sell or trade presale tokens before conversion.

  3. DAOHM Launch

    • Following the presale, we’ll finalize protocol launch details (targeting Q2).

    • At T=0 (the “go-live” moment), you can immediately convert some or all of your pDAOHM at the then-current ratio.

    • Over 12 months, the ratio (max collective dilution) ramps linearly from 1% to 10%.


Common Questions

Q1: Can I convert multiple times?

A: Yes. You can do partial conversions at different times if you wish—some at launch, some months later—letting you balance the desire for early liquidity vs. a higher conversion ratio.

Q2: What if I hold pDAOHM but don’t convert?

A: You can wait as long as you like, though after 12 months the maximum dilution caps at 10%. We may introduce a final cutoff date in the future to prevent indefinite supply overhead.

Q3: How is the treasury utilized post-launch?

A: The ETH from this presale will seed a robust treasury. We intend to deploy it in yield opportunities, liquidity provisioning (protocol-owned liquidity), and other strategic moves to support DAOHM’s long-term value proposition. More details will be in our upcoming roadmap.


Jurisdiction Restrictions

This announcement is for informational purposes only and does not constitute an offer or solicitation in any jurisdiction where such an offer or solicitation is not authorized. Specifically, participation in this presale is prohibited for residents of the United States or any other jurisdiction where local regulations disallow or restrict such offerings.

By taking part in the presale, you confirm that you are legally permitted to do so under the laws of your jurisdiction and are not a resident or citizen of the United States or other prohibited regions.


Join Us

We appreciate your support and look forward to building a sustainable, yield-generating ecosystem with DAOlympus. By contributing to this presale, you’re joining us at a key inflection point—helping forge a stable foundation for DAOHM and the future of DeFi innovation.

Thank you and welcome to DAOlympus!— The DAOlympus Team

Subscribe to DAOlympus
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.
More from DAOlympus

Skeleton

Skeleton

Skeleton