Details about Olympus v1 cryptocurrency
€244
278,652
46.984
Unknown
https://olympusdao.finance/
@OlympusDAO
64275x
€4237040
Olympus v1 price charts
OHM exchanges
Olympus v1, the crypto
Olympus v1 (OHM) is a decentralized financial ecosystem that aims to provide a stable digital currency that is not dependent on any government or central authority. It uses a unique algorithm called "seigniorage" to maintain its stable value and incentivize users to hold and use OHM.
The point
The main point of Olympus v1 (OHM) is to provide a stable currency that can be used for everyday transactions, without the volatility of other cryptocurrencies like Bitcoin. It aims to achieve this through a decentralized ecosystem that is governed by the community and incentivizes users to hold and use OHM.
The problem
Olympus v1 (OHM) tries to solve the problem of volatility in the cryptocurrency market, which makes it difficult to use cryptocurrencies for everyday transactions. By providing a stable digital currency, it aims to make it easier for people to use cryptocurrencies in their day-to-day lives, without having to worry about price fluctuations.
Compare OHM and BTC performance
| Timeframe | OHM | BTC |
|---|---|---|
| 1h change | -0.202267 % | -0.234911 % |
| 24h change | -1.33 % | 1.25967 % |
| 7 day change | -4.74 % | -1.44157 % |
| 14 day change | 1.82 % | -9.47799 % |
| 30 day change | 0.73 % | -7.33786 % |
| 200 day change | 6.95 % | 129.168 % |
| Year change | 22.49 % | 129.33 % |