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Olympus DAO Crypto Coin Forks & Staking Twitter 2022 | Is OHM Algorithmic Stablecoin A Ponzi Risk? Someday, it may form the backbone of the entire DeFi system. Money is the only thing that matters at the moment though.
Updated Jan 11, 2022 at 7:34 a.m. PST Greek hero (Shutterstock) Tokens of decentralized finance (DeFi) protocol Olympus (OHM) dropped as much as 32% in the past 24 hours as crypto traders moved.
Tokyo Coin (TOKC) is a cryptocurrency. Tokyo Coin (TOKC) Price for today is $0.0004222. It's currently traded on 3 exchange(s) and has 3 active market(s). The top two exchange pairs are bitcoin & rub. The price is up by (0.05%) for the last 24 hours. It has a circulating supply of 272.7 million coins and ranked as #5913 with a $115.1 thousand .
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OHM is a decentralized backed digital currency controlled by its token holders and governed as a decentralized autonomous organization (DAO). Its goal is to build a policy-controlled decentralized currency that can function as a global unit-of-account and medium-of-exchange currency. According to the project plan, Olympus sees other assets as inadequate: stablecoins suffer from inflation at the hands of central banks, and Bitcoin or Ether are at risk of price manipulation or too volatile to .
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View the full list of all active cryptocurrencies. Cryptos : 16,803 Exchanges : 455 Market Cap : $2,050,309,355,689 24h Vol : $93,891,963,139 Dominance : BTC : 39.8% ETH : 19.1% ETH Gas : 178 Gwei
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Olympus Tanks 30% Led by Liquidations on Fuse, Souring Market .
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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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OHM is designed to grow in value. OHM is backed by an ever-growing, income-generating treasury. We’ve created a currency that is able to constantly grow purchasing power despite market conditions. Liquidity Protected. Olympus LP is owned and protected by Olympus itself.
Cryptocurrency List. 6592 cryptocurrencies, Total market cap $2,610,846,436,961, Total trade volume $144,631,870,844. Coins: 1529, Tokens: 4281, Unknown: 782, Minable: 766, Proof of stake coins: 371. All Coins. Watch.
Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins. Cryptos : 16,803 Exchanges : 455 Market Cap : $2,050,309,355,689 24h Vol : $93,891,963,139 Dominance : BTC : 39.8% ETH : 19.1% ETH Gas : 178 Gwei
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Olympus is a protocol that is responsible for the issuance and management of a fully backed, algorithmic, free-floating stable asset, OHM. From the docs (10-7-2021): "The dollar is controlled by the US government and the Federal Reserve. This means a depreciation of dollar also means a depreciation of these stablecoins.
Cryptocurrency Prices Live. market cap $2,109,323,534,336. 30d. volume 24h $71,144,912,888. 7d. liquidity ±2% $5,227,099,378. 24h. bitcoin dominance 38.67%. 30d.
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Olympus (OHM) aims to become a decentralized reserve currency that is community owned, governed by a DAO, and backed by decentralized assets. The team designed OHM to be a stable reserve currency using economics force.
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Low Price Low Price Date High Price High Price Date Current Price ; 1: Bitcoin: buy now: $28,722.8: Jan. 4, 2021: $889,706,166,161.3: Dec. 14, 2021: $42,062.8: 2: Ethereum: buy now: $718.1: Jan. 2, 2021: $699,702,478,607.8: Dec. 14, 2021: $3,166.3: 3: Tether: buy now: $0.00010: June 14, 2021: $6,467,331,552.4: Dec. 14, 2021: $1.00: 4: Binance Coin: buy now: $35.17: Jan. 11, 2021: $302,222,203,352.4
Essentially, OHM powers the OlympusDAO, which allows users to buy the equivalent of crypto bonds. Users can buy OHM tokens at a discount in exchange for holding these tokens for a specified period.
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