- #8002
Wrapped Staked Olympus WSOHM
WSOHM Price
Market Cap
--Rank #8002FDV
$6,227.15Rank #13178Investors
X Followers
Detailed Performance
WSOHM shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
WSOHM to USD Converter
Price History
- All-Time High
- $36,903.00384.61x to ATH
- All-Time Low
- $95.951.00x to ATL
- Trade Launch Date
- 20 Oct, 2021
1155 days ago
About WSOHM
Wrapped Staked Olympus (wsOHM) refers to OHM tokens that have been wrapped and staked on the OlympusDAO protocol. When you wrap your OHM tokens, they are converted into wsOHM, which represents your ownership of the staked OHM in the protocol. By staking your wsOHM, you contribute to the stability and liquidity of the protocol, and in return, you earn rebase rewards. Currently, wsOHM cannot be used for much on other chains, but it allows you to participate in the OlympusDAO ecosystem and earn rewards.
What makes Wrapped Staked Olympus unique?
Wrapped Staked Olympus (wsOHM) is a unique cryptocurrency because it combines the features of staking and wrapping into one asset. Staking allows users to lock their tokens and earn rewards, while wrapping enables the token to be used in other decentralized finance (DeFi) protocols.
In the case of wsOHM, it represents a wrapped version of the original OHM token, which is the native currency of the OlympusDAO protocol. By wrapping OHM into wsOHM, users can unlock additional functionality and liquidity for their tokens.
Unlike other cryptocurrencies, wsOHM specifically offers the ability to participate in OlympusDAO's bonding program. This program allows users to trade various tokens for OHM at a discounted price, contributing to the liquidity and stability of the protocol. Additionally, the majority of liquidity in the protocol is owned by OlympusDAO, ensuring deep liquidity for wsOHM.
Overall, wsOHM provides a unique combination of staking, wrapping, and participation in the bonding program, making it stand out from other cryptocurrencies.
Live Wrapped Staked Olympus Price Data
The current price of Wrapped Staked Olympus (WSOHM) is approximately $95.95, reflecting a decrease of -7.18% in the last 24 hours. The WSOHM trading volume in the last 24 hours stands at $2.12.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Wrapped Staked Olympus's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WSOHM, check out our crypto insights page.
Official Links
WSOHM to USD Converter
Price History
- All-Time High
- $36,903.00384.61x to ATH
- All-Time Low
- $95.951.00x to ATL
- Trade Launch Date
- 20 Oct, 2021
1155 days ago