OVN (OVN) is currently priced at $1.41 USD. The price has increased 0.01% in the last 24 hours.
Stats
| 1 Day | +0.01% |
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| 1 Month | +0.05% |
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| 3 Months | −0.06% |
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| 1 Year | +1.4% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
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| +0.01% | +0.05% | −0.06% | +1.4% |
| Market Cap | $0.00 |
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| Fully Diluted | $0.00 |
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| Market Cap | Fully Diluted |
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| $0.00 | $0.00 |
About 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.
