Governance OHM GOHM

Governance OHM (gOHM) refers to wrapped staked OHM. It is an alternative form of OHM that comes with added governance benefits. With gOHM, you can buy OHM and stake it to convert it into gOHM, or you can directly purchase gOHM. Both sOHM and gOHM have similar price benefits, but gOHM provides additional governance advantages within the Olympus ecosystem.

Governance OHM (gOHM) is unique compared to other cryptocurrencies because it combines the benefits of price exposure to OHM with additional governance rights. Holders of gOHM not only have the potential for price appreciation but also the ability to participate in the decision-making processes of the Olympus DAO.

This means that gOHM holders can vote on proposals, contribute to shaping the future development and direction of the protocol, and have a say in important governance matters. By holding gOHM, users can actively participate in the governance of the Olympus ecosystem, making it a unique and empowering feature compared to other cryptocurrencies.