Olympia
Active protocol development for Ethereum Classic — EVM modernization, maintained clients, and funded development through sustainable basefee revenue.
Block number to be announced on the Olympia Community Developer Calls.
How It Works
Funded by basefee revenue, not inflation. Block rewards and tips remain untouched.
Basefee Revenue
Every transaction pays a basefee via EIP-1559. The basefee is directed to the Treasury. Block rewards and tips remain completely untouched — miners are unaffected.
Protocol Treasury
Protocol-managed vault accumulates basefee revenue, voluntary donations, and mining rewards directed to the treasury address. Real-time monitoring via public dashboard.
On-Chain Governance
Two-layer governance: the CoreDAO handles critical protocol decisions — security maintenance, EVM parity, and client funding — ensuring a professional-grade blockchain experience for Ethereum Classic stakeholders. Futarchy prediction markets open public participation to inform treasury allocation. All on-chain and auditable.
From Proposal to Execution
Five stages from idea to execution — every step on-chain, transparent, and auditable.
Propose
Anyone can submit a governance proposal on-chain. Proposals define the action to execute and the supporting rationale.
Vote
Members cast on-chain votes during a defined voting period. A quorum threshold must be met for the proposal to pass.
Queue
Approved proposals enter a security timelock. This delay provides the community time to review before execution.
Execute
After the timelock expires, the proposal executes automatically. Treasury transfers happen on-chain with full auditability.
Disclose
All outcomes are publicly reported and independently verifiable. Proposal records form a permanent on-chain record.
Olympia Roadmap
Five stages from consensus upgrades to permanent protocol integration.
Consensus Upgrades
CompleteFee market improvements, dynamic gas limits, and treasury funding mechanism. Independent client implementations complete.
- Fee market
- Dynamic gas limits
- Treasury funding mechanism
Core Governance
ActiveGovernance and treasury contracts deployed. Membership-based voting. Full proposal lifecycle: submit, vote, queue, execute.
- Governance and treasury contracts
- Membership voting system
- Sanctions compliance layer
Prediction Markets
ResearchFutarchy-assisted governance using prediction markets to inform treasury allocation. Research phase exploring conditional token frameworks.
- Conditional outcome tokens
- Market-informed proposal ranking
- Protocol specification
Treasury Distribution
FutureProtocol-layer treasury smoothing to reduce per-block variance. Specification phase exploring miner-compatible mechanisms.
- Treasury smoothing algorithm
- Miner impact analysis
- Cross-client specification
Protocol Integration
FuturePermanent consensus integration of proven governance mechanisms. Moving governance from contract layer to protocol layer.
- Consensus-level governance
- Immutable treasury rules
- Long-term sustainability
Coordinating Organizations
Coordinating organizations working together to govern and advance the Ethereum Classic network.
Ethereum Classic
Network Protocol
The largest Proof-of-Work smart contract platform. Coordinating network upgrades to maintain EVM parity and modern tooling.
Visit →Olympia Treasury
Protocol-Funded Treasury
Basefee revenue creates sustainable protocol funding. Real-time treasury monitoring via public dashboard.
Visit →Olympia DAO
On-Chain Governance
CoreDAO membership NFTs for critical protocol decisions, futarchy prediction markets for public participation — all on-chain on Ethereum Classic.
Visit →Ethereum Classic DAO LLC
Legal Entity
The legal wrapper for the Olympia DAO under Wyoming's DAO LLC framework. Ensures regulatory compliance, proper reporting, and alignment with digital asset legislation.
Visit →Olympia Upgrade
Frequently Asked Questions
Ready to Upgrade?
Fukuii is the recommended client. Core-Geth is maintained through the transition.