What is Onomy Protocol?
Onomy Protocol is a financial ecosystem designed to converge centralized finance (CeFi) with decentralized finance (DeFi) through its intuitive blockchain products: a stablecoin issuance protocol, cross-chain decentralized exchange (DEX) employing a hybrid Orderbook and Automated Market Maker (AMM) model, as well as a native blockchain network, interoperable bridges, and wallet solution.
Onomy aims to plug the $6.6T per day foreign exchange market (Forex) into DeFi, alleviating the concerns associated with volatile digital assets and opening the doors to full-scale institutional and retail adoption of DeFi.
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Timeline
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