OlympiaDAO is an experimental project in the cryptosphere. OHM currency is backed by a token treasury that is managed by the DAO. The DAO buys assets from investors (to be deposited in the Treasury) and issues OHM tokens to replace them .
Read moreHow secure is yield app?
Is YIELD App Safe? As well as being regulated , the YIELD app’s cold storage wallets are provided by BitGo. BitGo carries $100 million in insurance protection through a syndicate of underwriters through Lloyd’s. The $100 million policy covers digital assets where the private keys are held 100% by BitGo.
Read moreHow do I buy yield Crypto?
How to buy Yield
Read moreWhat is yield app coin?
Yield App. @YieldApp. Yield App unlocks the full potential of digital assets with a simple, safe, and secure digital wealth platform anyone can use to earn . yield.app Joined September 2020.
Read moreWhat is the best stable coin to use?
Binance USD is one of the most popular stablecoins in the crypto market. These stablecoins are generated from the Binance company. It is basically the Binance crypto being pegged to fiat cash, more specifically, the US dollar. This is one of the most used stablecoins in the market.
Read moreWhy is OHM crypto dropping?
OHM has been on a downtrend since November 2021 and is down more than 60% year-to-date. This price drop also meant that overleveraged OHM long positions went underwater causing a cascade of liquidations that ultimately led to further downward pressure on the token price.
Read moreWhat is staked OHM?
Staking in Olympus is a profit distribution mechanism . It is designed to be the dominant strategy for participants; to stake, hold and compound. The primary aim of Olympus is to provide rewards to those who buy-in to OHM (the token of Olympus) and boost the value of the treasury.
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