OVN-OvernightDetailed Description

OVN-Overnight Detailed Description

The core of Overnight is the DeFi concept based on stablecoins. The platform has introduced stablecoins such as USD+, DAI+ and USDT+, which aim to maintain a stable value relative to their underlying assets.

The OVN token is a utility token that serves multiple purposes in the overnight protocol. It is used to promote USD+ and incentivize conservative risk decisions, as well as voting rights to establish decentralized risk monitoring and management processes.