In this bounty we want to find some $OHM holding DAO or protocols and the amount of $OHM they are having. For getting the best results I omitted centralized and decentralized exchanges and olympusDAO own wallets (wallets which had olympusDAO label) from my results and also mu timeframe for this research is from beginig of the 2022 year

And now let's see the results:

I sorted the results by amounts of $OHM holdings and the results show that Redacted Cartel have the most amounts of $OHMs. after that synapse bridge, sybil delegate, gitcoin grants and polygon bridge are top 5 wallets who are holding $OHM.

And if we look to the chart below we see the a amount of $OHM in Redacted Cartel's treasury wallet changes from almost beginning of the starting their project!

Now let's about the biggest $OHM holder and now what Redacted Cartel is.

Launching on December 2021, Redacted Cartel is one of the famous forks of OlympusDao.

As Redacted Cartel is an Ohm fork, it follows Ohm’s playbook and users have these strategies:

• Stake BTRFLY, the native token of Redacted Cartel, into xBTRFLY to earn emission yields and prevent dilution of your stack

• Bonding other tokens into the treasury to acquire BTRFLY, at a discount.

• Optional highly degen method: After staking into xBTRFLY, wrap xBTRFLY into wxBTRFLY so you can use it as collateral to take loans for other yield farming methods

The first two methods are known as the (3,3) and (1,1) methods which which intudeced by OlympusDAO at first.

As it said in OlympusDoas official forum, Redacated Cartel will will help Olympus scale to new markets while keeping the core narrative and focus aligned.

and if we like explain the idea behind of Redacated more, we can refer to this describtion:

When users invest in Curve ecosystem tokens they will naturally be seeking the highest yield for the risk taken. When interacting with REDACTED, they will bond their tokens through metamorphosis and will receive an equivalent amount of discounted $BTRFLY. By locking up their Curve ecosystem tokens in our treasury, they are effectively taking them off the secondary market, decreasing the circulating supply available. In addition to the secondary market liquidity shortage, the tokens will also be used in various yield strategies to further grow the treasury, which ultimately increases the intrinsic value of BTRFLY. This positive feedback loop creates a constant upward pressure on the fundamentals of the protocol, allowing for natural growth of the treasury, thus, increasing the underlying value of BTRFLY.

There are no fees charged on the protocols behalf, rather the protocol generates revenue from selling BTRFLY tokens and keeping a portion of the yield produced. Each BTRFLY costs the protocol one dollar of $OHM to mint, setting the protocol's minimum value. If the price of BTRFLY is less than one dollar of OHM the protocol will buy the token to reduce supply and bring the price back to one dollar of OHM. While the price is above one dollar of OHM the protocol profits from the spread between the inherent cost to mint BTRFLY and price the token is purchased.

That's it! We found the which protocols are $OHM bag holders, and also had a short review of Redacated Cartel, the fork of OlympusDAO which holding the most amount of $OHM among the non-DEX protocols.

here is my the resources I used for this article:

https://chaindebrief.com/what-is-redacted-cartel/

https://forum.olympusdao.finance/d/319-support-redacted-as-an-olympus-branch