OVN/USD+
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.
Score | |
|---|---|
24h Vol | $188.62 |
Liquidity | $285.8K |
Holders | 21K |
Audits | |
Age | 2 years |
FDV | $1.6M |
Market Cap | $1.6M |
| Addresses | |
|---|---|
| Pool | |
| OVN |  |
| USD+ | |
OVN to USD+ Converter
Score | |
|---|---|
24h Vol | $188.62 |
Liquidity | $285.8K |
Holders | 21K |
Audits | |
Age | 2 years |
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/USD+ Price Stats
The current price of OVN (OVN/USD+) on Aerodrome (Base) is $1.6191, the price is up 2.39% in the last 24 hours. Its 24-hour trading volume is reported to be at $188.62 with a total of 22 transactions. OVN/USD+ contract address is 0x61366a4e6b1db1b85dd701f2f4bfa275ef271197, with a Fully Diluted Valuation (FDV) of $1.61M and a liquidity pool of $285.8K.
