# Olympus Pro (Completed)

GoldMint Finance is partnering with Olympus DAO (OHM) to provide more utility and use-case in our ecosystem with an Olympus Pro (OP) Bonding contract for the Bond token BGLDM. 

![](/files/RNVnZZgY3PSx5p0ofGuL)

OHM is one of the biggest protocols on ETH and started the 3,3 wave. They introduced bonding, rebase-staking, and governance voting into their ecosystem and have since been perfecting that structure. That's why they created Olympus Pro, a way to increase POL in a healthy manner that benefits the community and participants. 

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Olympus has created a custom contract for GoldMint Finance that will utilize the OP Bond program within our seigniorage model to bring more use-case, POL, and utility toward our Bond token BGLDM. 
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Participants will be able to exchange their PAXG tokens for BGLDM, at a discounted rate that is vested over 7 days. Meaning, you can actually acquire BGLDM even when the Foundry is empty and get them at a variable discount that changes with supply/demand. 

As more people purchase the bonds, the discount/ROI decreases. But if there is no one purchasing, it will continue to increase until someone makes a purchase. This adds a form of gamification where you want to keep your eye on the discount and get in at a good point before someone else beats you to it - sometimes you will see the discount go as high as 50%. 

As a participant, this opens up more ways to enter the ecosystem and make returns by allowing you to stake in the Vault, redeem the BGLDM when GLDM is over peg, or trade it in for a Node to start earning daily fixed returns in GLDM! 

You can expect to see future upgrades and/or more utilization with the different tokens in our ecosystem as well as any future endeavors with Olympus.


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