FRAX bond was introduced on 16 June 2021. It allows you to trade FRAX in exchange for discounted OHM on Olympus.

How to Bond

1. Make sure you have FRAX in your wallet. For example, you can go to Uniswap to swap for FRAX if you don't have any.
2. Head to the FRAX Bond page of the Olympus website. There are two tabs: "Bond" and "Redeem". Make sure "Bond" is selected.
3. Type in the amount of FRAX you would like to bond. Make sure you are not trying to bond more than is allowed. The Max You Can Buy field below shows the maximum amount of OHM you can purchase.
You can only purchase up to a certain amount of OHM
4. If this is your first purchase, you need to approve the Olympus contract to spend your FRAX. Click "Approve" and sign the transaction.
5. After the "Approve" transaction has been processed successfully, refresh the page. The "Approve" button should be changed to display "Bond" by now.
Refresh the page after the token approval process
6. Click "Bond" and sign the transaction. Voila, you have purchased your first FRAX bond!
Last modified 1mo ago
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How to Bond