Liquidity DAO -Hummingbot
Harmony and Hummingbot launch Liquidity DAO
Following last week's announcement of the Hummingbot Foundation, we're excited to announce that the Hummingbot Foundation plans to collaborate with Harmony to launch ONE Liquidity DAO ("Liquidity DAO"), an open, independent collective that will promote liquidity on the Harmony blockchain and for its tokens, primarily by building open source Hummingbot infrastructure.
Ultimate Guide to Yield Farming on Harmony (with infographics)
https://docs.harmony.one/home/general/ecosystem As mentioned, Harmony claims to provide the features of the Eth2 upgrades before they are available on Ethereum and one of these is sharding. In fact, Harmony became the first sharded PoS blockchain in 2020. Essentially, sharding involves separating the mass of transaction data that the network has to process into smaller chunks, so they can be processed more efficiently.
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”
Onomy Joins Hands with Harmony for Hybrid DEX & FX Marketplace Deployment
We are excited to announce that we'll be partnering up with Harmony in a bid to further connect the market's booming blockchain ecosystems. Our collaboration will see the deployment of a separate instance of Onomy's hybrid DEX, our multi-currency stablecoins, and a bi-directional bridge.