Frequently Asked Questions#

What is Slohm?#

Slohm is the first decentralized treasury-backed reserve protocol on Bitcoin Layer 1. Every Slohm token in circulation is backed by real, productive assets held in an on-chain treasury. The protocol operates through three core mechanisms — bonding, staking, and reserve yield — that work together to build and sustain the treasury over time.

How is Slohm different from OlympusDAO?#

Slohm adapts OlympusDAO v2's proven bonding and staking mechanics for Bitcoin L1, but it is built from scratch — not a fork. Key differences include: Slohm runs natively on Bitcoin via OPNet (not on Ethereum), there is no DAO governance layer, and the protocol parameters are specifically tuned for Bitcoin's block times and the OPNet execution environment. The core economic model — treasury-backed reserve tokens with bonding and staking — is inspired by Olympus, but the implementation is entirely new.

What blockchain does Slohm run on?#

Slohm runs natively on Bitcoin Layer 1. There are no bridges, no wrapped assets, and no trust assumptions beyond Bitcoin itself. This is possible through OPNet, a smart contract infrastructure layer embedded directly in Bitcoin L1. All protocol operations — bonding, staking, treasury management — execute as Bitcoin transactions with the same finality guarantees.

What is OPNet?#

OPNet is a smart contract infrastructure layer built on Bitcoin L1. It enables complex smart contract logic — like the bonding, staking, and treasury management that Slohm requires — to execute directly on Bitcoin without moving assets to another chain. OPNet contracts compile to WASM and execute on the Bitcoin base layer.

What tokens can I bond?#

The protocol accepts three assets for bonding at launch:

• BTC — Native Bitcoin, the base asset of L1.
• Moto — An OPNet-native token accepted as a reserve asset.
• Pill — An OPNet-native token accepted as a reserve asset.

Each accepted asset has its own bond market with independent pricing and capacity. Additional assets may be added through protocol updates over time. Learn more about the bonding process in the Bonding documentation.

How do staking rewards work?#

When you stake Slohm, you receive ySLOHM (yield-bearing Slohm) and earn additional Slohm through rebase distributions at the end of each epoch (every 48 blocks, approximately 8 hours). Rewards are funded by real yield generated from the treasury's deployed capital — not arbitrary inflation schedules. The base reward rate is 0.1% per epoch, and rewards compound automatically with no manual action required. See Staking for full details.

Is there a token supply cap?#

No. Slohm has no fixed supply cap. However, new tokens are minted exclusively through two controlled paths: bond payouts (when assets are deposited into the treasury) and staking rebases (tied to reserve performance). This structural design prevents hyperinflation — the supply cannot grow unless real value enters the system. The supply can never outrun the reserve.

When is mainnet?#

Mainnet launch is targeted for late April 2026. The protocol will undergo internal testing, public testnet, a code refactoring phase, and an independent security audit before launch. See the Roadmap for the full timeline.

Was there a presale?#

Yes. Presale Round 1 raised $250,000 in under 24 hours. A limited Presale Round 2 is planned for the first week of April 2026, before mainnet launch. Presale participants receive staked Slohm (ySLOHM) that begins accruing rebase rewards immediately — no waiting period, no cliff, no separate staking step.

Is the code audited?#

The protocol will undergo an independent third-party security audit before mainnet deployment. Audit results will be published in full. The audit scope includes all smart contracts governing the treasury, bonding, staking, and distribution mechanics. No user will interact with mainnet contracts before the audit is complete and published.

What is (B,B)?#

(B,B) refers to the optimal game-theoretic strategy in the Slohm protocol: Bond and Stake. It is a reference to OlympusDAO's (3,3) meme, adapted for Slohm's mechanics. When participants bond assets into the treasury and stake their Slohm, the treasury grows consistently, staking rewards remain robust, and the reserve floor rises for all holders. Individual decisions to sell create short-term opportunities for others to bond at better rates, naturally rebalancing the system. The cooperative equilibrium — where everyone bonds and stakes — produces the best outcome for all participants.

What wallets are supported?#

Slohm works with OPNet-compatible Bitcoin wallets. The protocol currently supports OPWallet and UniSat for interacting with the bonding, staking, and treasury interfaces.

How does the reserve floor work?#

The reserve floor is the minimum backing per Slohm token, determined by dividing the total treasury value by the total Slohm supply. Because the treasury receives the full value of bonded assets while minting fewer tokens than the asset's market value (due to the bond premium), bonding consistently improves the backing per token. As the treasury generates yield through reserve strategies, the floor rises further. This creates a growing minimum value that strengthens over time.