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OHM and gOHM

OHM token

OHM Contract Address: 0x64aa3364f17a4d01c6f1751fd97c2bd3d7e7f1d5

OHM is the native token of the Olympus protocol, and is fully-backed by the Olympus Treasury. Unlike other stablecoins, OHM is not pegged to any fiat currency. Instead, it is a free-floating "flatcoin" that programmatically and transparently enforces a price range using the Range Bound Stability (RBS) system. OHM aims to fill the gap between fiat stablecoins and volatile crypto assets, providing relative stability and scalability in a fully autonomous way with no off-chain dependencies.

gOHM token

gOHM Contract Address: 0x0ab87046fBb341D058F17CBC4c1133F25a20a52f

gOHM, or Governance OHM, is an ERC-20 token that is the only token used for proposing upgrades to Olympus protocol. gOHM can be obtained by wrapping OHM, and vice versa. The only use cases of gOHM today is for voting in governance and as collateral to take a Cooler Loan.