Governance OHM was first traded on November 23rd, 2021. Governance OHM’s total supply is 113,153 tokens and its circulating supply is 62,076 tokens.
Governance OHM (GOHM) price today is $6,649.27 and a total market cap of $196.16 million. GOHM price surged 2% in the past 24 hours.
What Is Governance OHM (GOHM)
Governance OHM is a decentralized reserve currency protocol that aims to maintain a peg to the value of one ounce of gold. GOHM is the governance token of the Olympus protocol.
The Olympus protocol uses a bonding mechanism to mint and distribute GOHM tokens. Users can purchase GOHM tokens by bonding other cryptocurrencies, such as ETH or DAI, to the Olympus protocol. In return for bonding their cryptocurrencies, users will receive GOHM tokens at a discounted price.
The price of GOHM tokens is determined by the market and can fluctuate based on supply and demand. GOHM tokens can be traded on various cryptocurrency exchanges.
Important Note: This article provides information only and should not be taken as financial advice. Cryptocurrency markets are highly volatile and traders should always do their own research before making any trades.
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