@matthewb

OlympusDAO was huge during the 2021 cycle and its success led to nearly infinite forks on every imaginable chain. the article above explains briefly but sort of assumes you know what OHM is and how it works. it was a pretty elegant ponzi though obviously not sustainable long term. tldr; there were 3 possible actions for any participant: - sell their tokens (price down) - bond aka deposit assets for OHM at a discount (price neutral) - stake their tokens for yield incentives (price up, less circ supply) so those numbers (e.g. 3,3) correspond to a 3 by 3 matrix of decisions taken by two participants: stake = +2, bond = +1, sell = -2. half of the resulting stake or sell price impact also goes to the person who caused it. if both decide to stake, that’s 3,3 on the matrix with +6 total (+2 and +1 for each participant). if both decide to sell, that’s -3,-3 on the matrix with -6 total (-2 and -1 for each participant). so basically 3,3 means that the most optimal outcome is for both participants to stake their tokens, rather than selling them, because the price will go up and benefit both participants. this is of course greatly over-simplified and markets are more complex than this, but usually when someone refers to 3,3 they’re gesturing to some vaguely ponzi-ish game where you’re trying to encourage participants to buy in and not sell. usually staking or locking tokens is involved. not necessarily malicious in intent, but good to be aware of where the yield is coming from and what game you’re actually playing :)

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