Coins/Onomy Protocol
NOM

Onomy Protocol

NOM
#1287
Onomy Protocol (NOM) is a token that is used as collateral for stablecoin mining, management and remuneration. It also provides network security through staking. The token belongs to the Cosmos chain of the first level for a multi-chain and intuitive DEX. The project combines traditional with decentralized finance, simplifying the migration of foreign currency to the chain with the help of crypto-backed decentralized stablecoins, which will be used for trading, profitability and payments.

News about Onomy Protocol

15 Sep 2021, 11:10
Bank interest rates are perpetually low and even negative, but decentralized finance provides significant opportunity for users to onboard their fiat currencies into the blockchain economy, allowing anyone to earn yield on their savings. Dive into our latest article to explore the differences between DeFi yield and traditional bank interest.
Bank interest rates are perpetually low and even negative, but decentralized finance provides significant opportunity for users
Bank interest rates are perpetually low and even negative, but decentralized finance provides significant opportunity for users to onboard their fiat currencies into the blockchain economy, allowing anyone to earn yield on their savings. Dive into our latest article to explore the differences between DeFi yield and traditional bank interest. https://twitter.com/OnomyProtocol/status/1438096967142363141
13 Sep 2021, 09:23
DeFi protocols have the critical responsibility of delivering bug-free code and keeping user funds safe. This process must begin at the software design stage, rather than after the code is deployed. We’ve seen our fair share of exploits affecting known projects, so we’re taking every precaution to make sure our code is sound. Apart from auditing every line of code, we also formally specify our software using TLA+. This helps us define the system logic and solve high-level conceptual problems before code writing begins, thus preventing mishaps that would affect our users and overall trust in decentralized finance. Read our newest Medium article to learn more about our decision to use TLA:
DeFi protocols have the critical responsibility of delivering bug-free code and keeping user funds safe.
DeFi protocols have the critical responsibility of delivering bug-free code and keeping user funds safe. This process must begin at the software design stage, rather than after the code is deployed. We’ve seen our fair share of exploits affecting known projects, so we’re taking every precaution to make sure our code is sound. Apart from auditing every line of code, we also formally specify our software using TLA+. This helps us define the system logic and solve high-level conceptual problems before code writing begins, thus preventing mishaps that would affect our users and overall trust in decentralized finance. Read our newest Medium article to learn more about our decision to use TLA: https://twitter.com/OnomyProtocol/status/1437342980743081993
06 Sep 2021, 10:52
Forex is the world's most liquid market, with $6.6T changing hands daily. Let's explore how the foreign exchange market works and why Onomy Protocol wants to converge it with decentralized finance.
Forex is the world's most liquid market, with $6. 6T changing hands daily.
Forex is the world's most liquid market, with $6.6T changing hands daily. Let's explore how the foreign exchange market works and why Onomy Protocol wants to converge it with decentralized finance. https://twitter.com/OnomyProtocol/status/1434831187562876931
26 Aug 2021, 10:22
Bonding Curve Offerings (BCOs) are rapidly emerging as a fair alternative to traditional cryptocurrency distribution models. In our latest educational tech dive, we tackle the inner workings of bonding curves, their benefits, and the upcoming Onomy Protocol BCO.
Bonding Curve Offerings (BCOs) are rapidly emerging as a fair alternative to traditional cryptocurrency distribution models.
Bonding Curve Offerings (BCOs) are rapidly emerging as a fair alternative to traditional cryptocurrency distribution models. In our latest educational tech dive, we tackle the inner workings of bonding curves, their benefits, and the upcoming Onomy Protocol BCO. https://twitter.com/OnomyProtocol/status/1430837038492917768
19 Aug 2021, 08:26
Miner Extractable Value is a growing threat to the sustainability of the digital assets economy, with front-running practices becoming prevalent in decentralized networks. Let's dive deeper into the mechanics of MEV on Ethereum and Onomy Protocol's solution to the challenge.
Miner Extractable Value is a growing threat to the sustainability of the digital assets economy, with front-running practices be
Miner Extractable Value is a growing threat to the sustainability of the digital assets economy, with front-running practices becoming prevalent in decentralized networks. Let's dive deeper into the mechanics of MEV on Ethereum and Onomy Protocol's solution to the challenge. https://twitter.com/OnomyProtocol/status/1428271521752092673
18 Aug 2021, 11:30
In a recent International Business Times feature, Onomy Protocol was cited as one of the top blockchain projects showing exceptional promise. We are honored and excited to play a key role in bridging traditional and decentralized finance.
In a recent International Business Times feature, Onomy Protocol was cited as one of the top blockchain projects showing excepti
In a recent International Business Times feature, Onomy Protocol was cited as one of the top blockchain projects showing exceptional promise. We are honored and excited to play a key role in bridging traditional and decentralized finance. https://twitter.com/OnomyProtocol/status/1427955133439225858
13 Aug 2021, 17:59
Trouble navigating the stablecoin scene? You may have heard of cash-backed, crypto-collateralized, or algorithmic stable assets - but what's the difference and how do our Denoms operate? Find out in our latest educational article!
Trouble navigating the stablecoin scene.
Trouble navigating the stablecoin scene? You may have heard of cash-backed, crypto-collateralized, or algorithmic stable assets - but what's the difference and how do our Denoms operate? Find out in our latest educational article! https://twitter.com/OnomyProtocol/status/1426241888970022918
11 Aug 2021, 19:36
Enter CoinMarketCap’s deep dive into Onomy Protocol, discussing: ⚡️ The Onomy Stablecoin Economy ⚡️ The Need to Bring Forex to DeFi ⚡️ Our Vision & Expertise ⚡️ Our Technological Innovations ⚡️ Our Bonding Curve Offering
Enter CoinMarketCap's deep dive into Onomy Protocol, discussing:. ️ The Onomy Stablecoin Economy.
Enter CoinMarketCap’s deep dive into Onomy Protocol, discussing: ⚡️ The Onomy Stablecoin Economy ⚡️ The Need to Bring Forex to DeFi ⚡️ Our Vision & Expertise ⚡️ Our Technological Innovations ⚡️ Our Bonding Curve Offering https://twitter.com/OnomyProtocol/status/1425540213007343619
09 Aug 2021, 10:01
As DeFi expands, so do the underlying blockchain networks. Let's dive deeper into the benefits of cross-chain trading, how it works, and Onomy Protocol's role in building an interoperable blockchain economy.
As DeFi expands, so do the underlying blockchain networks.
As DeFi expands, so do the underlying blockchain networks. Let's dive deeper into the benefits of cross-chain trading, how it works, and Onomy Protocol's role in building an interoperable blockchain economy. https://twitter.com/OnomyProtocol/status/1424671821492899840
04 Aug 2021, 13:08
No, we aren't dropping our cross-chain stablecoin economy and moving to fashion design! But we do see great potential in brands adopting Denoms. A recent Forbes article recognized our upcoming role in helping luxury brands use stablecoins to migrate their operations into the DeFi realm. Enjoy this offbeat scoop into Onomy's lively use cases!
No, we aren't dropping our cross-chain stablecoin economy and moving to fashion design.
No, we aren't dropping our cross-chain stablecoin economy and moving to fashion design! But we do see great potential in brands adopting Denoms. A recent Forbes article recognized our upcoming role in helping luxury brands use stablecoins to migrate their operations into the DeFi realm. Enjoy this offbeat scoop into Onomy's lively use cases! https://twitter.com/OnomyProtocol/status/1422905560811380738
26 Jul 2021, 20:07
The institutional adoption of decentralized finance is closer than ever, with stablecoins playing an integral role in the shift. We've recently shared our thoughts on the ongoing trend with CoinTelegraph. Dive in!
The institutional adoption of decentralized finance is closer than ever, with stablecoins playing an integral role in the shift.
The institutional adoption of decentralized finance is closer than ever, with stablecoins playing an integral role in the shift. We've recently shared our thoughts on the ongoing trend with CoinTelegraph. Dive in! https://twitter.com/OnomyProtocol/status/1419748477471535108
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