The ODG token is Open Dollar's governance token. Open Dollar is a DeFi lending protocol built on Arbitrum for borrowing against liquid staking tokens while earning staking rewards and providing CDP liquidity with Non-Fungible Vaults (NFVs).
ODG grants holders the right to participate in the governance process, influencing key decisions and the strategic direction of the Open Dollar ecosystem. The Protocol treasury is controlled by ODG token holders through a DAO.
Launched in January 2024, ODG holders can create proposals, vote, or delegate their voting power to delegates of their choice to steer governance on their behalf.
What is the highest value Open Dollar Governance (ODG) has ever reached?
Open Dollar Governance (ODG) reached its peak price at 7.09 $ on 15 May 2024, approximately a year ago ago. Presently, the current price is -87.83% lower than this all-time high.
What is the historical minimum price for Open Dollar Governance (ODG)?
The minimum price reached for Open Dollar Governance (ODG) was 0.1273 $, documented on 17 November 2024, more than 10 months ago. In comparison, the current price is 577.24%, it above this historical low.
What is the fully diluted valuation of Open Dollar Governance (ODG)?
The fully diluted valuation (FDV) of Open Dollar Governance (ODG) stands at $ 8,62 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ODG tokens. The realization of this FDV might take several years depending on the emission schedule of ODG tokens.