What is Onomy Protocol? Onomy Protocol is an interoperable Layer-1 ecosystem built to converge Forex and decentralized finance. Products include a methodical 3-stage rollout of an innovative multi-chain wallet, a DEX supporting an order book experience fused with AMM liquidity pools, and a stablecoin issuance protocol.
but to make it simple, in my opinion Onomy is a DEX which consists of several features which of course can make it easier for users to reach these features in one app and in my opinion this is a really brilliant idea,
to shorten this they also created a native coin and the name is $NOM. This token also has several functions such as secure the network through staking,collateral for the minting of Denoms through the Onomy Reserve (ORES), and for governance in the Onomy DAO
Previously they also held a testnet in october and as a tester i didn't have the slightest complaint because everything worked fine and don't forget they also gave prizes to testnet users and i think these reward will be announced soon.
well this time they also made crew3 quests with various prizes according to the level we can reach and I think this strategy is good enough to attract potential customers to see what onomy is doing.
