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3232Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs
https://www.digit.info/rebase-token-carnage-ohm-time-klima-down-more-than-98-from-all-time-highs/
Sat, 16 Apr 2022 15:19:50 +0000https://www.digit.info/2022/04/16/rebase-token-carnage-ohm-time-klima-down-more-than-98-from-all-time-highs/Read more]]>About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market valuation last November, but after […]
]]>An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
https://www.digit.info/an-in-depth-look-at-olympus-dao-protocol-and-the-not-so-stable-stablecoin-ohm/
Mon, 01 Nov 2021 14:30:52 +0000https://www.digit.info/2021/11/01/an-in-depth-look-at-olympus-dao-protocol-and-the-not-so-stable-stablecoin-ohm/Read more]]>In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency backed only by what’s held in the Olympus DAO treasury. OHM may not be […]