After you stake OHM, you obtain sOHM (a transferable token) in a 1:one ratio. It rebases up quickly at the conclusion of every epoch. And if you decide on to unstake, an equivalent amount of sOHM tokens are burned.For those who take a look at , you can certainly buy Solid tokens. When you've got bought your tokens, You can utilize them for so-refer
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$OHM utilizes on-chain collaterals that's $DAI and it employs partial reserve. Therefore for every $OHM token circulating a Element of it is backed by $DAI. Formerly it had been a person DAI but these days it is sixteen $DAI.If a consumer deploys OHM, this is conceived being a +3 for your DAO as this results in scarcity and increases the price of O
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Currently sitting down at huge number of 4000 holders and 200K Marketcap this token is a real gem as 1000x is imminent.The job’s intelligent tokenomics are drawing in consumers and furnishing value. A strong Neighborhood and meme tradition encompassing the task can also be assisting the DAO to mature. Share this post Olympus DAO has bounced