Olympus (OHM) currently has a price of $12.22 and is up 1.37% over the last 24 hours. The cryptocurrency is ranked 211 with a market cap of $200M. Over the last 24 hours, it saw $126.5K of trading volume. The token has a circulating supply of 16.4M tokens out of a total supply of 26.8M tokens.
Olympus (OHM) is a unique cryptocurrency operating on the Ethereum blockchain. It offers a decentralized reserve currency that maintains its value through algorithmic mechanisms. This is achieved through the platform's "Bonds" mechanism, where users can purchase stable coins backed by a decentralized reserve called "Treasury." Unlike other cryptocurrencies, Olympus allows token holders to propose and vote on changes to the protocol, ensuring decentralized decision-making and transparency. Users who participate in governance are also rewarded with OHM tokens.
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