Score | 46 |
|---|---|
24h Vol | $0.74 |
Liquidity | $193.53 |
Holders | 21K |
Audits | |
Age | 4 months |
FDV | $1.6M |
Market Cap | $1.6M |
About OVN (OVN)
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
OVN/USDC Price Stats
The current price of OVN (OVN/USDC) on Sushiswap V3 (Base) is $1.5801, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.7438 with a total of 1 transactions. OVN/USDC contract address is 0xb29503612f81184e77a6b737430c80d2e98e4ba5, with a Fully Diluted Valuation (FDV) of $1.57M and a liquidity pool of $193.53.
