Token Flow

Fig 28. Displaying the user flow for tokenised max-leveraged OHM via hOHM

  1. Users mint hOHM and withdraw USDS by depositing gOHM collateral

  2. Users redeem their shares of gOHM by burning hOHM and repaying USDS

  3. hOHM maximises Cooler OLTV and maintains a nominal USDS buffer

  4. USDS surplus is deposited into Origami's sUSDS+s Vault

  5. TempleDAO provides liquidity for sUSDS/hOHM for direct hOHM swaps

  6. Incentivised PoL for hOHM on Berachain to scale access to hOHM

  7. OLTV linear drip drives up debt capacity for gOHM increasing available USDS via Cooler v2

  8. Surplus sUSDS+s deployed towards buybacks and burn of hOHM

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