Forex is the world's most liquid market, with $6.6T changing hands daily.

Let's explore how the foreign exchange market works and why Onomy Protocol wants to converge it with decentralized finance.

https://twitter.com/OnomyProtocol/status/1434831187562876931

DeFi protocols have the critical responsibility of delivering bug-free code and keeping user funds safe. This process must begin at the software design stage, rather than after the code is deployed. We’ve seen our fair share of exploits affecting known projects, so we’re taking every precaution to make sure our code is sound.

Apart from auditing every line of code, we also formally specify our software using TLA+. This helps us define the system logic and solve high-level conceptual problems before code writing begins, thus preventing mishaps that would affect our users and overall trust in decentralized finance.

Read our newest Medium article to learn more about our decision to use TLA:

https://twitter.com/OnomyProtocol/status/1437342980743081993

Bank interest rates are perpetually low and even negative, but decentralized finance provides significant opportunity for users to onboard their fiat currencies into the blockchain economy, allowing anyone to earn yield on their savings.

Dive into our latest article to explore the differences between DeFi yield and traditional bank interest.

https://twitter.com/OnomyProtocol/status/1438096967142363141

At Onomy Protocol, we take a meticulous approach towards creating secure and intuitive technologies that accelerate the CeFi to DeFi migration.

We've made significant progress building our products and are excited to present our Q3 Community Update. Dive in for a closer look into our team members, internal processes, product updates, token utility, launch strategy, and upcoming Bonding Curve Offering.

We are deeply thankful for your support thus far! The best is yet to come.

https://twitter.com/OnomyProtocol/status/1441428543171284994

We're excited to announce that Onomy Protocol has been listed on CB Insights’ BlockData.

https://twitter.com/OnomyProtocol/status/1442560585418297352

Every year, over $700 billion are sent for remittance purposes, but inefficient payment processing leads to slow transfers and high fees.

Luckily, there is a better way. Blockchain-powered stablecoins will reshape today’s cross-border money market and open new possibilities for international workers to send capital home.

Find out how:
https://twitter.com/OnomyProtocol/status/1442811329434226693

The convergence of centralized and decentralized finance has begun, with financial institutions now entering the DeFi space.

You’re invited to read our comprehensive analysis of institutional DeFi, covering the current state of the industry, regulatory efforts, adoption challenges, and Onomy Protocol's solutions for this maturing market 🏦

https://twitter.com/OnomyProtocol/status/1444958534941167620

AMM DEX + orderbook DEX = hybrid ❤️

How this works can get a little bit confusing to the uninitiated, as such exchange models are at the bleeding edge of decentralized tech.

CoinMarketCap recently described these DEX frameworks and highlighted Onomy Protocol's unique approach.

https://twitter.com/OnomyProtocol/status/1446506881715998725

Interoperability is essential to DeFi, but traditional blockchains aren't known for being great communicators.

Through Tendermint and the IBC, Cosmos enables simple connectivity between networks, bootstrapping the cross-chain future.

Read our latest article to understand how Cosmos works and why we chose to plug the Onomy Network into the Cosmos ecosystem:

https://twitter.com/OnomyProtocol/status/1447494244755775489

Will central bank-backed digital currencies cause the downfall of crypto or will they further strengthen the belief in decentralization?

Opinions vary. Let's explore the CBDC trend and how it compares to decentralized stablecoins.

https://twitter.com/OnomyProtocol/status/1448223120037400580

We are thrilled to announce that the Onomy Protocol testnet is now live! 🎉

Validators worldwide are now able to join, run full nodes, test the Gravity bridge, and obtain faucet NOM.

Read our latest article to learn more!

https://twitter.com/OnomyProtocol/status/1450876785189691393

We're excited to be part of the burgeoning NEAR Protocol ecosystem, with Proximity Labs announcing $350M in DAO grants for DeFi projects.

Onomy is building a hybrid cross-chain DEX, allowing anyone to seamlessly trade cryptocurrencies across prominent blockchain economies. This will facilitate simpler trading of NEAR assets outside of their native blockchain, and thus further open the DeFi market to users globally.

https://twitter.com/OnomyProtocol/status/1451180584932315143

For more information, kindly read:

https://www.bloomberg.com/news/articles/2021-10-21/a16z-backed-blockchain-gets-350-million-grants-vehicle-for-defi

https://medium.com/nearprotocol/announcing-a-350m-grants-dao-for-near-defi-projects-186668ed427a

Web3 - A novel pursuit that decentralizes the web, connects communities, and allows for simpler value transfers.

DeFi deployments will make Web3 stronger, and facilitate an inter-connected future of financial sovereignty.

Let's explore the internet's history, the might of Web3, and how Onomy-powered DeFi will spearhead the revolution!

https://twitter.com/OnomyProtocol/status/1453675358809739267

We've successfully completed the first Onomy Network testnet, gathering incredible support and feedback from over a hundred validators worldwide.

Work has now commenced on our 2nd iteration of the testnet, featuring a test bonding curve and more surprises.

Thank you for participating!

https://twitter.com/OnomyProtocol/status/1453758208737165314

An insightful Sunday read that we dearly recommend to all cross-chain trading enthusiasts, featuring blockchain bridge architecture by Solana, Cosmos, THORChain, and yours truly, Onomy Protocol.

https://twitter.com/OnomyProtocol/status/1454882159857111042

Layer 1 Cosmos Ecosystem Chain + cross-chain hybrid DEX + on-chain Forex + interoperable DeFi wallet = Onomy Protocol.

This is just the beginning.

https://twitter.com/OnomyProtocol/status/1459112476520370179

We're excited to unveil our updated roadmap!

Incredible progress is currently being made on Phase 3, paving the way for our mainnet, wallet, and NOM token launch during Phase 4.

https://twitter.com/OnomyProtocol/status/1461046135439736839

Banking is central to the worldwide economy, but needs to evolve and embrace the growing role of decentralized finance.

Let's dive deeper into the history, mechanics, challenges, and future of banks, while highlighting Onomy's role in the next era of finance.

https://twitter.com/OnomyProtocol/status/1461410291640684552

Enter the latest Onomy Protocol deep dive on Blockonomi!

Amongst other things, the article covers Onomy's solutions for on-chain Forex, the hybrid crypto DEX, cross-chain capabilities, $NOM utility, and the upcoming DeFi access wallet.

https://twitter.com/OnomyProtocol/status/1463166043036213253

Throughout history, money has undergone significant changes following human progress. With the advent of DeFi, will money be represented as on-chain stablecoins?

Let's explore the history, evolution, and future of currency.

https://twitter.com/OnomyProtocol/status/1463595420618215430