Crypto Basics

What is OLAS?

  • 13 Mar, 2024

  • 1 Min read

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Discover Autonolas (OLAS): Redefining Blockchain Autonomy

Step into the next era of blockchain technology with Autonolas! Here at Uphold, we're pleased to introduce you to Autonolas, a platform aiming to reshape the landscape of decentralised applications (DApps) and DAOs.

What is Autonolas (OLAS)?

Autonolas DAO started its journey in the summer of 2022, with the public launch of its token via a liquidity bootstrapping pool in July 2023. Since, Autonolas have continually expanded their support for additional chains.

How does Autonolas (OLAS) work?

At its core, Autonolas is dedicated to fostering autonomy and speed in service delivery within the blockchain realm. By providing an open-source software stack, Autonolas empowers developers and DAOs to operate independently, make decisions autonomously, and interact seamlessly with external systems.

OLAS: Facilitating Governance in Autonolas

At the core of the Autonolas ecosystem is the OLAS Token, serving as the backbone of its economic and governance models. Functioning primarily as a governance token, OLAS fosters community participation and facilitates decision-making processes. Running on the Ethereum network, OLAS tokens empower users to engage in staking, unlocking veOLAS and granting voting privileges. This enables users to directly influence the direction of Autonolas while potentially boosting their rewards.

Ready to embrace blockchain autonomy?

Head over to Uphold and start exploring Autonolas (OLAS) today! 


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  • Digital Money Platform
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