OHM is the native token of Olympus, an ERC-20 token that’s compatible with other Ethereum-based projects. To ensure stability, the value of OHM is supported by digital assets stored in the Olympus treasury, such as DAI. When the value of OHM falls below 1 DAI, the network buys back and destroys OHM tokens. Conversely, when the value of OHM rises above 1 DAI, new OHM tokens are created.
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