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.

The Onomy Network is a layer 1 blockchain built on the Cosmos network designed to improve the foreign exchange market. It is used to mint, trade and lend representations of national currencies called denominations (Denoms).Onomy Protocol is building a multi-chain decentralized exchange (DEX) that is designed to provide an interface between traditional finance and the blossoming world of decentralized finance (DeFi).

Onomy Protocol

Onomy Protocol is a multi-chain suite converging Forex and Decentralized Finance

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