Olympus (OHM)
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About OHM
Olympus is a decentralized monetary protocol that issues OHM, a reserve-backed token governed by a smart treasury and a suite of algorithmic mechanisms designed for price stability, liquidity efficiency, and yield generation. Built on Ethereum, it employs innovations like Protocol Owned Liquidity (POL), Range-Bound Stability (RBS), and Cooler Loans to maintain deep liquidity, defend price floors, and enable permissionless borrowing, making OHM a robust, censorship-resistant financial primitive for DeFi.
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Frequently Asked Questions about Olympus
What is Olympus (OHM)?
Olympus is a decentralized finance protocol on Ethereum that issues OHM, a reserve-backed token designed for liquidity efficiency, price stability, and long-term utility.
Where can I buy OHM?
OHM is tradable on Kraken (OHM/USD), Gate.io (OHM/USDT), Uniswap V3 (OHM/WETH), and Kodiak V3.
What is the best OHM wallet?
Bitcoin.com Wallet is the best choice for mobile, MetaMask is ideal for web access, and Ledger or Trezor for secure hardware storage of OHM and gOHM.
How does Olympus maintain OHM’s stability?
Olympus uses a system called Range-Bound Stability (RBS) that automates buy/sell operations to absorb price volatility and defend a price range based on reserve assets.
What are Cooler Loans?
Cooler Loans let gOHM holders borrow DAI without liquidations or credit checks, backed by Olympus’ treasury and governed by fixed terms.
How can I earn with OHM?
You can stake OHM to earn rebase rewards or use gOHM to participate in governance and access Cooler Loans for passive income.