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.

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Onomy Protocol

Layer 1 @cosmos network + hybrid #DEX + on-chain #Forex + interoperable #DeFi wallet = Onomy Protocol. This is just the beginning.

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Layer 1 Cosmos Ecosystem Chain + cross-chain hybrid DEX + on-chain Forex + interoperable DeFi wallet = Onomy Protocol. 

This is just the beginning.

https://twitter.com/OnomyProtocol/status/1459112476520370179