About Olympus
Olympus is a decentralized autonomous organization (DAO) that functions as the platform through which the OHM token is issued and secured. Based on the Ethereum blockchain, Olympus is a protocol that creates a community-owned, decentralized, asset-backed reserve currency.
Olympus’ goal is to create a decentralized, transparent, and verification-backed digital currency. Its OHM token incorporates features that differentiate it from other stablecoins, with protocol participants assisting in the creation of OHM through either staking or bonding.
Staking allows Olympus users to stake OHM in order to earn rewards and participate in Olympus’ decentralized governance system. Bonding is the mechanism through which OHM tokens are created, with users trading various crypto tokens for OHM. Olympus price is updated and available in real-time on Binance.