What is the total supply of Olympus Token (OHM) and is it inflationary or deflationary? 💰
Egan AbelJun 19, 2020 · 5 years ago3 answers
Can you provide information about the total supply of Olympus Token (OHM)? Is it inflationary or deflationary?
3 answers
- Harshith PabbatiApr 30, 2025 · 7 months agoThe total supply of Olympus Token (OHM) is 100,000 tokens. It is a deflationary token, which means that the total supply decreases over time. This is achieved through a mechanism called 'bonding', where OHM holders can bond their tokens to the protocol and earn rewards. As more tokens are bonded, the total supply decreases, leading to potential price appreciation for OHM holders.
- AnoopJun 11, 2023 · 2 years agoOlympus Token (OHM) has a total supply of 100,000 tokens. It is designed to be deflationary, meaning that the total supply decreases over time. This is achieved through a unique mechanism called 'rebasing', where the supply adjusts based on market conditions. When the price of OHM is above its target price, the supply decreases, and when the price is below the target, the supply increases. This mechanism aims to maintain price stability and incentivize long-term holding of OHM tokens.
- Ruiz CtmApr 11, 2024 · 2 years agoThe total supply of Olympus Token (OHM) is 100,000 tokens. It is a deflationary cryptocurrency, meaning that the total supply decreases over time. This is achieved through a process called 'seigniorage', where the protocol adjusts the supply based on market demand. When the price of OHM is above its target price, the supply decreases, and when the price is below the target, the supply increases. This mechanism aims to maintain price stability and prevent excessive inflation or deflation.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331692How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04581Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13541The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02992ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02698PooCoin App: Your Guide to DeFi Charting and Trading
0 02409
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics