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Olympus is a Decentralized Autonomous Organization (OHM) that operates within the fast evolving decentralized finance (DeFi) landscape. It has helped facilitate the creation of a stablecoin that is backed by various cryptos (much like how DAI functions) instead of a fiat asset such as the US Dollar, Euro, etc. According to reports available online, available online Olympus makes use of two separate reward-centric protocols — namely staking and bonding — as a means of incentivizing users to deposit/sell their collateral to the Olympus treasury in exchange of OHM tokens (that are provided to them at a highly discounted rate).
Olympus (OHM) is the 133rd largest cryptocurrency in the world by market cap, valued at $325,278,369. The current price of Olympus is $13.62, which is 1.105% higher than yesterday. Prices have ranged between $13.67 and $13.43 over the past 24 hours. All prices are listed in US dollars and accurate as of August 08, 2022 06:08 UTC.
| Coin symbol | OHM |
|---|---|
| Coin Marketcap | US$325,278,369 |
| Total OHM supply | 25,600,916 |
| Circulating OHM | 23,904,597 |
| Current price | US$13.62 |
Historical prices compared with the price of US$13.62.
| 1 hour | -0.15% |
|---|---|
| 24 hours | 1.11% |
| 7 days | -9.05% |
| 14 days | -17.17% |
| 30 days | -4.35% |
|---|---|
| 60 days | -22.11% |
| 200 days | -87.50% |
| 1 year | -97.13% |
Disclaimer: Cryptocurrencies, including Olympus, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OHM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Olympus or any other cryptocurrency discussed.
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