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Onomy Testnet airdrop

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Onomy's public testnet is now live, allowing users to test the Cosmos-based Onomy Network, Arc Bridge Hub, and Bonding Curve interface. This iteration will stress-test current deployments and integrate community feedback. Onomy Protocol is an interoperable Layer-1 ecosystem bridging Forex and DeFi, with products including a multi-chain wallet, a DEX with order-book and AMM liquidity pool support, and a stablecoin issuance protocol. Onomy is excited to bring their products to the IOTA and Shimmer ecosystems through the Touchpoint Open Builders Program, enabling bridge, stablecoin integrations, and native deployment of the Hybrid DEX on Shimmer for advanced trading.

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About Onomy Testnet

Discover the significance of Token Airdrops: What they are, how they operate, and why they are crucial for the future of cryptocurrency. Token Airdrop is Onomy Protocol's native coin utilized for governance, staking, and collateral to create stablecoins. Through the Touchpoint Open Builders Program, Onomy Protocol is collaborating with IOTA and Shimmer ecosystems to establish a bridge, integrate stablecoins, and deploy its Hybrid DEX on Shimmer for advanced trading capabilities.

Step-by-step guide

Head to the Onomy Testnet Tutorial page. Make sure you don t use your main Ethereum account. To participate, you can request testnet funds on the Goerli Faucet with a free Alchemy account. Up to 0.1 Goerli ETH Testnet funds every 24h. The faucet will not work with new Twitter accounts & accounts without an avatar. Switch your Metamask to Goerli Test Network & Logging into the Bonding Curve, Buy & Sell bNOM. Bridge bNOM to NOM using the Arc Bridge Hub. You will now be prompted to connect your Keplr wallet to the BCO interface using the Onomy Testnet Network. Use NOM to earn staking rewards for delegating (stake) to a validator. Join Onomy on Discord & Telegram for Testnet support and provide feedback. The team will be all hands on deck to guide you through the workflow.

Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).

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