OLYMPUS Token

1. Summary

Ranks

Liquidity

-

Developer

-

Social

71

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#29851)

Supply

/

Tags

Binance Smart Chain Ecosystem BNB Chain Ecosystem

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Price
52W High price	$0.000002704900
52W High date	2nd Oct 2021 (3 years ago)
All Time High (ATH) Date	22nd Feb 2025 (4 hours ago)
All Time Low (ATL) Date	22nd Feb 2025 (4 hours ago)

Supply & Trading Volume

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Description

Description

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Description

The Olympus token project (OHM) is a decentralized reserve currency protocol that aims to create a policy-controlled currency system. It uses a unique mechanism called rebase tokens, which allow users to stake their OHM tokens and earn rewards based on the growth of the network. The network relies on user participation, with users staking their tokens to earn passive income through rebase rewards.

Key Elements

• Staking and Rebasing: Users stake their OHM tokens and receive rewards in the form of rebase tokens, which are generated based on the network's growth and the number of stakers.
• Bonding Mechanism: Olympus uses a unique bonding mechanism, where users purchase OHM tokens at a discounted price in exchange for digital assets, which are then added to the treasury.
• Treasury Backed: Each OHM token is backed by a basket of assets in the Olympus treasury, ensuring the token has an intrinsic value.
• Governance: The project is community-governed through decentralized voting, allowing participants to shape the network's policies and direction.

Goals

The long-term goal of Olympus is to create a stable, reliable, and decentralized currency system that can function as a global unit-of-account and medium-of-exchange currency, emulating the concept of reserve currencies like the US dollar.

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