Details about OLYMPUS Token cryptocurrency
€2
2,917,000,000,000
1
0.005
https://olympustoken.io
@olympus_token
OLYMPUS Token price charts
OLYMPUS exchanges
OLYMPUS Token, the crypto
OLYMPUS Token (OLYMPUS) is a decentralized finance (DeFi) cryptocurrency that operates on the Ethereum blockchain. It is the native utility token of OlympusDAO, a decentralized autonomous organization (DAO) that aims to create a reserve currency for the crypto space.
The point
The main point of OLYMPUS Token (OLYMPUS) is to serve as a governance and staking token for the OlympusDAO platform. It allows holders to participate in decision-making, stake their OLYMPUS tokens to earn rewards and fees, and provide liquidity to the OlympusDAO treasury.
The problem
OLYMPUS Token (OLYMPUS) attempts to solve the problem of volatility and instability in the crypto markets by creating a stablecoin that is fully backed by a decentralized reserve of assets. This reserve will be composed of a basket of cryptocurrencies that have strong fundamentals and are considered to be reliable stores of value. By doing so, OlympusDAO hopes to provide a stable alternative to fiat currencies and other stablecoins, while also creating a sustainable ecosystem for its stakeholders.
Compare OLYMPUS and BTC performance
| Timeframe | OLYMPUS | BTC |
|---|---|---|
| 1h change | 0 % | 0.176623 % |
| 24h change | 0 % | -3.36052 % |
| 7 day change | 0 % | 4.48211 % |
| 14 day change | 0 % | -8.21176 % |
| 30 day change | 0 % | -6.5207 % |
| 200 day change | -68.81 % | 128.03 % |
| Year change | -87.64 % | 142.602 % |