Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you shouldn't expect protection if something goes wrong. Take 2 minutes to learn more

Crypto Basics

What is OLAS?

  • 13 Mar, 2024

  • 1 Min read

Uphold Team photo
Written by

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! 


Don’t invest in crypto unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

Uphold Team photo
Written by
  • Digital Money Platform
  • Other

Share article

Uphold Team photo
Written by
  • Digital Money Platform
  • Other

Share article



Uphold Europe Limited, Reg No. 09281410, Registered Office: Eastcastle House, 27/28 Eastcastle Street, London, United Kingdom, W1W 8DH

Uphold (FRN: 938277) is registered with the Financial Conduct Authority (FCA) for AML purposes and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer).

Uphold is also an EMD agent (FRN: 938277) of Optimus Cards UK Limited (FRN: 902034) which is authorised and regulated by the Financial Conduct Authority to issue e-money pursuant to the Electronic Money Regulations 2011.

Cryptoasset services offered by Uphold Europe Limited are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Cryptoassets are very high risk and speculative. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial circumstances. Gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider. Geographic restrictions may apply.

Fiat money payments and balances (fiat is another name for traditional currencies, such as GBP, USD and EUR) constitute regulated e-money and payment services. In providing fiat balances, you are being issued with e-money by Optimus and Uphold is acting as its agent. See specific e-money terms. E-money is not a deposit or investment account which means that your e-money will not be protected by the FSCS. Your funds will be held in a designated safeguarding account with a regulated financial institution. E-money will not earn any interest.

Uphold is certified for SOC 2 Type 2, ISO 27001, and PCI DSS, ensuring rigorous control over our information security management systems, data handling, and payment processing practices. Furthermore, we comply with the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and the UK Data Protection Act, underscoring our dedication to protecting the personal data and privacy rights of our global customers.

© 2024 Uphold Europe Limited. All rights reserved.