CSP DAO invests in Onomy

We are proud to announce Onomy as an addition to our portfolio.

Onomy is a decentralized protocol built to enhance the foreign currency exchange marketplace. DeFi synthetic asset trading, powered by Cosmos, Cardano, and Polkadot.

Problems:
-Expensive Tx fees
-Network congestion
-Single-chain DEX (Uniswap)
-Caters to a crypto-only audience

Solutions:
-Solve TX fees: Tendermint BFT, a byzantine fault tolerant consensus engine for PoS
-Interoperable: Interblockchain Communication (IBC) technology bridges Onomy with many blockchain economies
-Usability: Cater beyond an only-crypto audience through focus on issuing & trading major currencies (Forex)

PRODUCT:
-Onomy Network: Onomy chain processing transactions and rewarding operators with native governance and utility token: NOM
-Onomy Reserve: Governs the minting of stabilized virtual major currencies, named Denoms, utilizing NOM as collateral
-Onomy Exchange: Base layer DEX used to trade NOM and Denoms. Integrated with the Reserve for rebalancing of collateral ratios during times of distress.

Links:

⚡️ CSP DAO CHAT Room
https://t.me/CSPDAO_CHAT

🏆 CSP DAO Announcement Channel:
https://t.me/joinchat/AAAAAESl56FZJlJjcyKbuw

🌎 Website:
https://cspdao.network/

🔥 Buy NEBO tokens on Uniswap:
https://app.uniswap.org/#/swap?inputCurrency=0x7f0c8b125040f707441cad9e5ed8a8408673b455&outputCurrency=ETH

🚀 Join us on Discord:
https://discord.gg/spCCSF3

Decentralized Fundraising Platform