Governance OHM (gOHM) is the governance and value-accrual token of the Olympus protocol, a decentralized financial (DeFi) system operating as a programmable monetary computer.
Each gOHM represents OHM multiplied by the protocol's index. gOHM provides voting rights for Olympus governance and serves as the primary collateral asset for protocol products including Cooler Loans.
The underlying Olympus system manages value, liquidity, and credit on-chain through mechanisms including Protocol Owned Liquidity (POL), Cooler Loans, Convertible Deposits (CDs), and the Yield Repurchase Facility (YRF).