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Tag: $OHM

OHM is the Olympus DAO platform’s principal crypto-backed token. It will be created as a result of users’ bonding their crypto assets. They may then select whether to stake the OHM tokens or sell them on other exchanges. To distinguish, supported crypto indicates that it may have a greater value than the asset’s underlying coin.

Olympus: goodbye Defi 2.0, hello “Real Yield”? 

Olympus, a DeFi protocol with more than $200 million in total value locked up, will reduce the sky-high yield that holders of its native token have enjoyed over the past year and a half as part of its “bond-centric future.”$OHM has now lost more than 99% of its value from its all-time high and is currently worth less than $11.OHM’s staking used to provide double-digit annual returns. OHM’s staking on Thursday produced...

$OHM, Cryptocurrencies, DAOs, DeFi, DeFi 2.0, Featured, Front page, News

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OlympusDAO continues its long-term plan to revive with inverse bonds

In the midst of a bear market, OlympusDAO is continuing its long-term plan to revive its project.The company’s native OHM token has been on a steady decline since March 2022, when it reached a high of $1,300 per token. The price has since fallen by 98%, trading near $20; meanwhile, OlympusDAO’s staking rewards have shrunk from 6% in the first months after its launch to 2% now.You have not selected any currencies to displayThe...

$OHM, Cryptocurrencies, DeFi, DeFi 2.0, Front page, News

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Olympus DAO, Wonderland, DeFi 2.0 in trouble

With the arrival of Blockchain and the appearance of new 2.0 protocols such as OlympusDAO and its various forks, the current new DeFi 2.0 protocols have encountered a number of problems regarding their valuation.What’s happening with Olympus DAO and its token $OHM?The main problem with the new DeFi 2.0 protocols is that the tokens cannot hold their value at the moment. Users do not know if it is a token that is safe to hold or to...

$OHM, Blockchain, Cryptocurrencies, DeFi, DeFi 2.0, Front page

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Are DeFi 2.0 going to change everything?

The DeFi 2.0 will change the way you think about liquidity.What are DeFi 2.0?DeFi 2.0 is the next stage of decentralized finance. One of its most important components is Liquidity Pools, which give lenders the ability to lend and decentralized exchange to happen more seamlessly. DeFi‘s newest project is a huge step for this space. By using smart contracts, the funds in the account are blocked and used to make lending and decentralized...

$DAI, $OHM, DeFi, DeFi 2.0, Featured, Main

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