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.

Onomy Protocol news today, NOM crypto latest news of coin ticker

Onomy Protocol

Stocks, bonds, and gold are key to TradFi markets, but they're now migrating on-chain through #synthetic assets. Let's find out how synthetic protocols work and explore their growing utility in DeFi! link.medium.com/gWWKXxBwCpb

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Stocks, bonds, and gold are key to TradFi markets, but they're now migrating on-chain through #synthetic assets.

Let's find out how synthetic protocols work and explore their growing utility in DeFi!

https://twitter.com/OnomyProtocol/status/1520005704907698176