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Description
Olympus (OHM) aims to become a decentralized reserve currency that is community owned, governed by a DAO, and backed by decentralized assets.
The team designed OHM to be a stable reserve currency using economics force. An algorithm is used to rebalance the supply of OHM tokens in the market in order to maintain the peg.
The Olympus project has 2 primary methods to prevent traders for selling off OHM which will introduce buy pressure to the DAO.
1. Staking is used to incentivized token holders to lock their OHM to receive rebase rewards
2. Bonds are introduced to incentivized liquidity providers to lock in their liquidity
What is OlympusPro?
OlympusPro is new product launched to bring the bond functionalities to any project into the market. It is currently integrated with projects such as Pendle and Spell.
This allows any projects to maintain stronger liquidity through a bond market and reward bond sellers with their own tokens.
24 hour trading pattern
7 Days trading pattern
14 Days trading pattern
30 Days trading pattern
90 Days trading pattern
180 Days trading pattern
One year trading pattern
Max Price chart
Olympus price today is $34.03 with a 24-hour trading volume of $16,165,337. OHM price is up 16.6% in the last 24 hours. It has a circulating supply of 16 Million OHM coins and a total supply of 17.2 Million. If you are looking to buy or sell Olympus, XT.COM is currently the most active exchange.
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