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Crypto Strategy #8 - How I made $15,000 in 3 Weeks with Olympus DAO
In this video I go through my #8 Crypto Strategy, Olympus DAO. Of all my strategies, this might be the one where I have the most invested right now. Currently, Olympus DAO is offering a 7k% APY! So far, in 3 weeks, I have made $15,000 in profit!
Remember, none of this is financial advice! All crypto currency should be considered very risky, and never invest something that it would be a disaster if you lost it.
Here's how to get started with Olympus DAO
1) After going to CoinMarketCap.com and looking at the Olympus page, I see that the easiest way to get OHM will be to swap DAI for it on Sushi Swap
2) Go to Binance.us and purchase some ETH for gas fees (maybe about $400-$600 worth depending on the time of tday).
3) Also purchase as much DAI (a stable coin) as you are going to want to invest in OHM
4) Withdraw your DAI and ETH from Binance to your Metamask wallet (EC20 network)
5) Go to Sushiswap and swap your DAI for your OHM. You will need to pay some gas fees to approve Sushiswap to use your DAI and for the swap itself
6) Once you have the new OHM, go to the Olympus staking page (https://app.olympusdao.finance/#/stake)
7) Approve your wallet (there will be a small gas fee), and then click "Max", and then click "Stake"
8) Now your funds will be staked on Olympus and at the next rebase your OHM balance will go up
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