Today's FantOHM DAO price is $2.1571, which is down 2% over the last 24 hours. FantOHM DAO's market cap is unknown. 24 hour FHM volume is $34,484. It has a market cap rank of 4950. FantOHM DAO is traded on exchanges. FantOHM DAO had an all-time high of $637.70 6 months ago. Over the last day, FantOHM DAO has had 0% transparent volume and has been trading on 13 active markets with its highest volume trading pairs being .
FantOHM (FHM) is a market making token backed by other cryptocurrency assets. With mechanisms to ensure the price is always greater than or equal to 1 Magical Internet Money (MIM), the protocol provides heavy incentives for passive and active investors through staking and bonding respectively.
As bonds are created the liquidity backing of FHM is distributed into newly minted FHM tokens with the goal being 1 FHM >/= 1 MIM. These new tokens are largely distributed to stakers while investors who have purchased bonds may access a discounted price point for FHM after their vesting period.