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Onomy Protocol Price (NOM)
24,974,296 NOM
20.47%122,000,000 NOM
122,000,000 NOM
Onomy Protocol NOM Onomy Protocol (NOM) Chart
Onomy Protocol (NOM) Return On Investment(ROI)
What Is Onomy Protocol(NOM)?
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.
What Is NOM Token?
The native coin of Onomy Protocol is NOM. NOM is used to secure the network through staking, payment for transaction and bridge fees, and for governance in the Onomy DAO. When NOM holders delegate their NOM to a validator, they are staking. Staking provides rewards in return for supporting the security and operations of a blockchain network.
The Utility of NOM include, Staking, Governance, Collateral, Bridge fee, Buy & Burn from AMM Earnings
How Does Onomy Protocol Work?
Current major Onomy Improvement Proposals(OIPs) in progress include the Onomy Exchange (a hybrid orderbook+AMM DEX) and the Onomy Reserve (decentalized stablecoin issuance).
- The Onomy Exchange (ONEX) is a cross-chain and multi-chain hybrid decentralized exchange (DEX), with a technical architecture that converges Automated Market Maker (AMM) liquidity pools with an orderbook UI.
- A global decentralized reserve bank acts as the ultimate trustless agent that could allow for the supranational effects of the actions of central banks like the Federal Reserve and the Bank of England to be put in the hands of the global crypto economy and unlatched from the nation states that power them. Run by a decentralised organisation that can’t change the systems underpinning the bank at a whim.
Onomy Protocol (NOM) Community
- Twitter: https://twitter.com/onomyprotocol
- Discord: https://discord.gg/27r73syakq
- Reddit: https://reddit.com/r/onomyprotocol
- Medium: https://medium.com/onomy-protocol/
- Telegram 1: https://t.me/onomyprotocol
- Telegram 2: https://t.me/onomyannouncements
Onomy Protocol FAQ
What is the price of Onomy Protocol (NOM) token?
CoinCarp does not currently have price data for Onomy Protocol as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Onomy Protocol is live on an exchange, CoinCarp will provide real-time Onomy Protocol (NOM) token prices from different exchanges.
Is Onomy Protocol (NOM) token a good investment?
It depends on your personal risk tolerance and investment goals. Onomy Protocol is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Onomy Protocol investing, you will also need to understand the Onomy Protocol project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Onomy Protocol (NOM) token token?
CoinCarp's tracking data suggests that the Onomy Protocol is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Onomy Protocol from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Onomy Protocol.
How to short Onomy Protocol (NOM) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Onomy Protocol contracts or ETF trading. so you can't short Onomy Protocol
What will Onomy Protocol (NOM) token be worth in 5 years?
It is impossible to predict what Onomy Protocol will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Onomy Protocol's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Onomy Protocol 5 years from now.
NOM Price Statistics
Onomy Protocol Price
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Price Change24h
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24h Low / 24h High
$0.0203 / $0.0204
Trading Volume 24h
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Volume/Market cap (24h)
--
Market Dominance
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Market Cap
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Fully Diluted Market Cap
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7d Low / 7d High
$0.0202 / $0.0205
30d Low / 30d High
$0.0202 / $0.0205
90d Low / 90d High
$0.0000000624 / $0.0632
52 Week Low / 52 Week High
$0.0000000624 / $0.0632
All Time High
$2.5
All Time Low
$0.0000000624
