About Overnight Finance 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.

Overnight Finance (OVN) Price Data

Overnight Finance (OVN) price has increased today.

Overnight Finance price today is $5.8077 with a 24-hours trading volume down by -- %. OVN price is up in the last 24 hours. It has a circulating supply is 0 OVN coins and a total supply of 0.

What is the highest price for Overnight Finance?

The all-time high price of Overnight Finance is $92.893 on Oct 2, 2024.

What is the lowest price for Overnight Finance?

The all-time low price of Overnight Finance is $0.0000000000136 on Feb 15, 2024.