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Governance OHM Overview
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About Governance OHM
Olympus is a decentralized reserve currency protocol based on the OHM token. Each OHM token is backed by a basket of assets (e.g. DAI, FRAX) in the Olympus treasury, giving it an intrinsic value that it cannot fall below. Olympus also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. Olympus utilizes Protocol Owned Value to enable price consistency and scarcity within an infinite supply system. Every OHM is backed by DAI and OHM-DAI LP in the treasury. This intrinsic value cannot be diluted, providing a fundamental check on inflation. Olympus is a floating algorithmic currency. This means that it has mechanisms to promote stability and predictability without directly pegging to any asset. With the introduction of adjustable policy; the DAO can move certain variables up and down to target growth and profitability or stability and predictability. gOHM: gOHM stands for Governance OHM. It supersedes wsOHM as part of the v2 migration. gOHM is wrapped sOHM V2, which allows you to use sOHM V2 on different blockchains. Other Olympus tokens: sOHM | wsOHM | OHM | OHMv2 Useful V2 Migration information:
- wsOHM V1 (wrapped, staked OHM) will be replaced by gOHM (Governance OHM). They function exactly the same, but gOHM is set up for on-chain governance
- OHM and sOHM tokens will have their identical V2 counterparts. OHM V1 becomes OHM V2, and sOHM V1 becomes sOHM V2.
- Token tickers will remain the same for V1 tokens. For example, after migration, your wallet will show "OHM" instead of "OHM V1". Make sure to update the token contract in your wallet with the V2 addresses to show your balances.
- When migrating OHM V1 and/or sOHM V1, you will get gOHM in return. Although the token balance will be different (gOHM price is calculated differently, which is based on the Current Index), the dollar amount remains the same.
- After the migration, OHM V1 pools such as OHM-DAI will utilize OHM V2. This applies to new bonds as well. Partners like Abracadabra will only accept new deposits in gOHM. So, you will need to migrate if you want to use these features. Otherwise, you can sit tight and migrate only when you want to.
You have two months to migrate after V2 launch (14th December 2021). If you don't, your sOHM V1 balance will stop rebasing, but the difference will be honored when you migrate.
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Learn About Governance OHM
Peaq Crypto Price Dropped 40% While Its Technology Advanced
PEAQ Network (PEAQ) is a Polkadot parachain Layer-1 blockchain purpose-built for DePIN, providing decentralized identifiers, machine-to-machine payments, and a coordination layer for over 50 applications across 21 industries. PEAQ trades around $0.0171 with a $35M market cap and 4.2 billion max supply, with around 36.3% of supply circulating. PEAQ is down 97% from its $0.7505 December 10, 2024 ATH and 40% above its $0.01217 March 15, 2026 ATL. Over 1.7 billion PEAQ (around 40% of supply) is staked as validator collateral. Network metrics show 3.5 million wallets reached by Q1 2025 from 258,000 in December 2024, plus 9 million total transactions and Q1 2025 protocol revenue of $44,300. Binance listed PEAQ for spot trading in January 2026; Coinbase has the token under evaluation; CertiK ranks peaq tier 1 in its top 15 of 13,500+ chains. ---
Katerina KulikovskaMay 5, 2026WAXP Price Models Show $0.08 Target If Gaming Revenue Holds
Trading at $0.047 with a market cap of $31 million, down 99.8% from its all-time high, WAXP has had a brutal run. But most WAXP price prediction models in this range rely on chart patterns or moving averages, both poor predictors for assets this far from previous peaks. A more useful framework starts with the revenue WAX actually earns from its gaming and NFT infrastructure and works backward to the price that network economics can support.
Archie DuttonApr 22, 2026Three Governance Systems Olympus Tested Before GOHM Worked
Olympus DAO cycled through three different governance frameworks before it finally hit on the mechanism it has in place today to control its now $196 million treasury. The first system was plagued by voter apathy, rebase-based voting power dilution, and misaligned token mechanics that miscalibrated proposal thresholds. The current system didn't just come from a whitepaper,it evolved out of two failures that preceded it.
Archie DuttonApr 10, 2026Often Discussed Alongside Governance OHM
Tokens that appear with Governance OHM in our academy articles.
Governance OHM Market Data
The live Governance OHM price today is $5,198.81 USD with a 24-hour trading volume of $0.00 USD. We update our GOHM to USD price in real-time. Governance OHM is up 0.18% in the last 24 hours.
The current market cap is $260,315,396.82 USD. The circulating supply is 49,958 GOHM.