OVN/USDC
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 | 28 |
|---|---|
24h Vol | $0.39 |
Liquidity | $36.76 |
Holders | 490 |
Audits | |
Age | 10 months |
FDV | $948.3K |
Market Cap | $948.3K |
OVN to USDC Converter
Score | 28 |
|---|---|
24h Vol | $0.39 |
Liquidity | $36.76 |
Holders | 490 |
Audits | |
Age | 10 months |
FDV | $948.3K |
Market Cap | $948.3K |
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 Uniswap V4 (Optimism) is $0.9483, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.3854 with a total of 1 transactions. OVN/USDC contract address is 0x48b520b11e046a58e927bd91460f44e8578e442d232d950fd5203fbf706b4fcf, with a Fully Diluted Valuation (FDV) of $948.32K and a liquidity pool of $36.76.
