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

What Is Slippage in DeFi?

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Slippage hurts, but it's part of every trader's daily life. 

Let's take a look at slippage, its usual mechanics, and how it works on the Onomy Exchange 🔎