Company
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NOM
Price
$ 0.020751
Total Raised
Onomy Protocol represents an innovative Layer-1 ecosystem designed to harmonize the worlds of Forex and decentralized finance. Read More
Onomy Protocol represents an innovative Layer-1 ecosystem designed to harmonize the worlds of Forex and decentralized finance. At its core lies the Onomy Network, a proof-of-stake blockchain constructed using the highly versatile Cosmos SDK framework, and the Arc Bridge Hub affording interoperability with EVM, non-EVM, and IBC chains - all maintained by a distributed network of independent validators located around the globe.A cornerstone of the Onomy Protocol is its Decentralized Autonomous Organization, or DAO, which empowers contributors to actively manage and shape the Onomy ecosystem's features, products, marketing initiatives, and more - referred to as Onomy Improvement Proposals (OIPs) in the community. Proposals that demonstrate the most promise are directly funded from the on-chain treasury, which is managed by all holders of Onomy's native NOM token.