What is the total supply of Olympus Token (OHM) and is it inflationary or deflationary? 💰

3 answers

• May 05, 2022 · 3 years ago
  The 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.
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• May 05, 2022 · 3 years ago
  Olympus 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.
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• May 05, 2022 · 3 years ago
  The 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.
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