Olympus V2 (OHMv2)

Olympus V2 (OHMv2)

Coin Information

Unkown Country Icon Unknown Country
Blockchain icon Blockchain: Ethereum
Ticker icon Ticker: OHMv2
Type icon Type: Token
Asset or Contract address icon Contract:

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Olympus V2 Price Chart

OHMv2 to USD Converter

About Olympus V2?

Olympus V2 (OHMv2) is a community-owned, decentralized, and censorship-resistant reserve currency designed for the Web3 financial ecosystem. As an asset-backed currency, OHMv2 ensures long-term price stability, deep liquidity, and wide usage across the Web3 space. With a robust and growing Treasury, OHMv2 acts as a counterbalance to the market, providing confidence and stability to the volatile system. Stakers play a crucial role in the Olympus ecosystem by depositing OHMv2 into the protocol, contributing to price stability and gaining governance rights.

Bonding is another key feature of Olympus V2, allowing users to trade various tokens for OHMv2 at a discounted price. Bond sales provide additional liquidity and reserve assets to the Olympus treasury, further contributing to the protocol’s stability. One notable aspect of OHMv2 is that 99% of all liquidity is owned by Olympus, ensuring control and security. With its aim to become a policy-controlled financial reserve currency, OHMv2 strives to preserve purchasing power, foster deep liquidity both on decentralized and centralized exchanges, and serve as a trusted unit of account in the Web3 ecosystem.

Olympus V2 addresses the reliance on centralized, censorable stablecoin assets in the crypto space by introducing OHMv2, a non-pegged reserve currency backed by a basket of assets. Unlike dollar-pegged stablecoins, OHMv2 is not subjected to the depreciating control of governments and central banks. Its goal is to help users preserve purchasing power, create deep liquidity, and establish trust as a backing for other decentralized assets. OHMv2 is backed by at least $1 worth of assets in its treasury, ensuring price stability. Although not pegged, OHMv2 can be bought back and burned by the protocol when its price trades below $1, pushing it back to the desired level.

Frequently Asked Questions

The current price of Olympus V2 OHMv2 is 11.4379 USD.
The circulating supply of Olympus V2 is 0.
The total supply of Olympus V2 is unknown.
The max supply of Olympus V2 is unknown.
Unfortunately the country of Olympus V2 is unknown.
Olympus V2 is a token running on the Ethereum blockchain.
Olympus V2 reached an all-time-high of 461.778 USD on 22 Dec 2021.
The contract address of Olympus V2 is 0x64aa3364f17a4d01c6f1751fd97c2bd3d7e7f1d5.

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OHMv2 Markets on Crypto Exchanges

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