HarmonyOne DeFi Token Research

HarmonyOne DeFi Token Research

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Liquidity DAO -Hummingbot

Onomy - $NOM

“The native variable asset of the Onomy Protocol is $NOM. $NOM is used to secure the network through staking and as collateral for the minting of Denoms through the Onomy Reserve (ORES). The Onomy Decentralized Exchange (ONEX) provides Automatic Market Making price discovery used to rebalance collateral ratios of ORES minting accounts. The Onomy Protocol will incentivize $NOM staking with a dual regime inflationary schedule. The initial hyperbolic hyperinflationary period, with a peak reward of 100% ARR inflation, is designed to drive network participants to stake and secure the network. Staked $NOM will also receive transaction fees from both the ONEX and the associated bridge liquidity pools”