Olympus Price Data
Olympus (OHM)
currently has a price of
Rp358.3k
and is
up
0.17%
over the last 24 hours. The cryptocurrency is ranked
142
with a market cap of
Rp5.3T.
Over the last 24 hours, it saw
Rp2.2B
of trading volume. The token has a circulating supply of
14.9M
tokens out of a total supply of
19.8M
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.