gOHM is the governance token for Olympus. gOHM is your wrapped staked OHM:<ul><li>The amount stays the same but price value goes up with each rebase</li><li>The contract keeps track of each rebase and when you unwrap gives you the equivalent of sOHM</li></ul>Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below. Olympus also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.

Governance OHM

gOHM is the governance token of Olympus DAO.

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%name%: Latest News, Social Media Updates and Insights

On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […]
The post Terraform Labs moves $62.81M in BTC amid final wind-down steps appeared first on CryptoSlate.

Governance OHMGOHM

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Terraform Labs moves $62.81M in BTC amid final wind-down steps