- At the core of Overnight is the concept of stablecoinbased #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 neutralrisk strategies. - At the heart of its product line is USD+,which is a yielddriven 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 stablecointostablecoin and neutralrisk 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 riskmanagement. - OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions,and for vetoing aggressive ones..
Summary of the coin Overnight Finance
highest price statistics: 116.97 $USD
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Study the exchange market information. Overnight Finance
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