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

An insightful read covering the institutional shift to #DeFi, featuring @LaloKnows of Onomy Protocol, alongside the leadership of @1inch, @BalancerLabs, and others. twitter.com/Cointelegraph/…

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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