Onomy is a decentralized monetary stabilization system. It's made up of five components: Onomy Network, which is a Layer 1 blockchain built with the Cosmos SDK; Arc Bridge Hub, that enables bridges to other blockchains; Onomy Exchange: a decentralized exchange with orderbook trading; Onomy Access that it's a multi-chain wallet app: and Onomy Reserve: governs the minting of stablecoins. The system aims to provide a seamless cross-chain and multi-chain experience for users to manage assets, trade, and access dApps from one wallet app.X
Investors: BitFinex, UDHC, GSR, Ava Labs,Galileo, CMS Holdings, Citadel.One, Cosmostation, GD10 Ventures....
Partners: Avalanche Network, IOTA's Shimmer Aurora on Near, Polygon, Harmony One...
Infrastructure
It's a Comos-based ecosystem
Onomy Exchange (ONEX)
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, thus creating a powerful, fair, and non-custodial approach to decentralized trading that supports stop losses, limit orders, conditional orders and advanced charting.
Onomy Reserve
Onomy Protocol has been built to facilitate on-chain Forex trading, payments, settlement, remittance, diversification, and DeFi access through decentralized, crypto-collateralized, and non-custodial stablecoins pegged to the value of major world currencies like the USD, EUR, JPY... This is achieved through the Onomy Resrve
Arc Bridge Hub
Arc is a hub-and-spoke model bridge that enables users to transfer tokens from an integrated chain to Onomy and back again - or to another integrated chain - by locking up tokens on integrated chain side of Arc, and minting equivalent tokens on the Onomy side of Arc.
TW: 55.6k Followers
DC: 64.8k Members
Launched