Bitfinex to Listing Revolutionary DeFi, Foreign exchange Hub Onomy Protocol (NOM) – Bitfinex weblog
09 Mar Bitfinex to Listing Revolutionary DeFi, Foreign exchange Hub Onomy Protocol (NOM)
ROAD TOWN, British Virgin Islands – March 9, 2023 Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token buying and selling platform, introduced immediately that will probably be one of many main world exchanges to listing Onomy Protocol (NOM), an interoperable layer-1 ecosystem constructed with the intention of converging Foreign exchange and decentralised finance (DeFi).
Onomy is a multi-chain Decentralised Autonomous Organisation (DAO) ecosystem, vertically built-in throughout its infrastructure, which incorporates Onomy’s Layer 1 and Arc Bridge Hub. Functions embody a hybrid orderbook and Automated Market Maker (AMM) Decentralised trade (DEX), a non-custodial multi-chain cell pockets, and stablecoin issuance protocol. Merchandise are agnostic, to allow integration with Web3 primitives through a decentralised hub.
Bitfinex will begin taking deposits of NOM as of 13/03/23 . Buying and selling of NOM on Bitfinex will begin from 15/03/23 . NOM shall be obtainable to commerce with US {Dollars} (NOM/USD) and Tether tokens (NOM/USDt).
“We’re delighted to welcome Onomy Protocol to our rising digital token ecosystem,” mentioned Henry Youngster, Head of Tokens at Bitfinex . “We’re assured that there shall be curiosity among the many Bitfinex buyer base in Onomy, because the platform goals to carve out a distinct segment converging conventional Foreign exchange with DeFi.”
The Onomy product suite consists of 4 key choices:
Onomy Alternate: A hybrid DEX converging an orderbook with AMM liquidity swimming pools – offering the familiarity of an orderbook mannequin for intuitively buying and selling crypto and Foreign exchange pairs, while retaining the liquidity and incentives afforded by AMMs. This distinctive mix empowers customers to self-custody their belongings with out sacrificing the UI/UX supplied by centralised exchanges – together with assist for restrict, market, and cease loss orders, alongside cross-chain buying and selling, and superior charting through TradingView.
Onomy Entry: A non-custodial multi-chain cell pockets app enabling customers to seamlessly handle belongings, staking, governance, and NFTs from built-in ecosystems. QR code sign-on rids the necessity for browser extensions.
Onomy Community & Arc Bridge Hub: An application-specific chain constructed with the Cosmos SDK, powering Onomy’s product suite. It options prolonged interoperability by means of the Cosmos IBC and Onomy’s Arc Bridge Hub that integrates Ethereum, Avalanche, Polygon, Fantom, Moonbeam, Close to, and others.
Onomy Reserve: A collateral-backed stablecoin issuance protocol to open on-chain FX markets, deeply built-in inside Onomy’s suite.
Additional info on Onomy may be discovered at https://onomy.io/.
To acquire entry to NOM on Bitfinex, clients can go to https://www.bitfinex.com/.
*All clients of www.bitfinex.com are topic to Bitfinex’s terms of service (“TOS”). Please observe that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from straight or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com.
About Bitfinex
Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for merchants and world liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex supplies entry to peer-to-peer financing, an OTC market and margin buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for knowledgeable merchants and liquidity suppliers world wide. Go to www.bitfinex.com to be taught extra.
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