What is OlympusDAO (OHM) and why is it on a gaining spree .
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Olympus (OHM) price today, chart, market cap & news CoinGecko
OHM is a decentralized reserve currency for OlympusDAO algorithmic currency protocol, bringing game-theoretic dynamics to the crypto market through asset backing and protocol controlled value allowing players to Stake (Buy), Bond, or Sell platform utility ERC-20 token OHM with dynamic cooperative strategies to earn high yield APY returns.
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Olympus Finance (OHM). Olympus Finance (OHM) is taking the .
OHM is down more than 92% since the crypto asset’s all-time high nine months ago on April 25, 2021, at $1,415 per OHM. Despite the top three rebase tokens losing considerable value, .
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether ( ETH or Ξ) is the native cryptocurrency of the platform. Amongst cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.
Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM .
Olympus runs as a decentralized autonomous organization (DAO), and it aims to create a stable crypto asset. Olympus issues fully collateralized and free-floating tokens known as the OHM cryptocurrency. Olympus enables its users to bond different crypto assets, and in return, they receive newly minted and discounted OHM coins.
Olympus is building a community-owned decentralized financial infrastructure to bring more stability and transparency for the world. Total OHM Staked. 98.3%. Treasury Balance. $154,953,554. Total Value Locked. $14,553,554. Current APY. 7,564%.
Olympus price today is $431.18 with a 24-hour trading volume of $77,926,960. OHM price is down -1.9% in the last 24 hours. It has a circulating supply of 6.5 Million OHM coins and a total supply of 7.3 Million. If you are looking to buy or sell Olympus, Sushiswap is currently the most active exchange.
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Olympus OHM has crashed by 91% from its all-time high
Ethereum offers a way to use the power of the internet without trusting apps like Facebook, Google, or your online bank with your personal information. Apps like Facebook and Google collect and store the information of their millions of users in servers.
Ethereum is often referred to as the second most popular cryptocurrency, after Bitcoin. But unlike Bitcoin—and most other virtual currencies—Ethereum is intended to be much more than simply a.
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens. Resources Whitepaper Official website How it works Ethereum-based apps are built using “smart contracts.”
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Olympus (OHM) live coin price, charts, markets & liquidity
What is OHM crypto & what is its price prediction?
An Ethereum account is an entity that can send transactions and has a balance. An Ethereum account has an Ethereum address, like an inbox has an email address. You can use this to send funds to an account. A wallet is a product that lets you manage your Ethereum account. It allows you to view your account balance, send transactions, and more.
Olympus v2 price today, OHM to USD live, marketcap and chart .
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Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts. Ethereum was first described in a 2013 whitepaper by Vitalik Buterin.
To combat this, Olympus maintains stability while creating a floating-market-driven price. This is done by price-based buying and selling of their native cryptocurrency — OHM tokens.
What Is Olympus (OHM)? Olympus is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, Olympus is more akin to a central bank since it uses reserve assets like DAI to manage its price.
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Simply put, OHM is a decentralized reserve currency that runs on the Olympus protocol backed by a basket of assets. Okay, to decode, OHM is a first-of-its-kind token that was introduced as an alternative to both cryptocurrencies and stablecoins as they function today. Unlike stablecoins, the value of OHM is not pegged to another currency.
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Olympus DAO The Decentralized Reserve Currency
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Olympus DAO’s native token hit $1,415 at its peak in 2021, and it has dropped 91.8% from an all-time high. Experts believe that capitulation by whales triggered a drop in the Ethereum based token’s.