Discover and read the best of Twitter Threads about #TomoX

Most recents (5)

(1) Huge thanks to @altcoinbuzz for hosting us on the eve of the Excalibur Hard Fork that enabled #TomoX

Today anyone can register a DEX via Relayer.tomochain.com

Next week TomoX DEXs will finally launch

This now includes access to a killer new decentralized Lending feature!
(2) TomoX offers truly decentralized Lending

All loans are peer to peer with smart contracts as custodians. No centralized party here

Borrowers choose which asset to collateralize: BTC, ETH, or TOMO.

Such choice provides incredible flexibility not found on other platforms
(3) The Lending experience is similar to spot trading in its interface.

Borrowers & Lenders set their own rates, amounts & duration

All loans have a set term to maturity. TomoX offers 1 Day, 7 Day & 30 Day options for now

To borrow, set the Interest rate, amount & collateral
Read 8 tweets
1/ Mainnet 2.2 enables #TomoX DEX operations & marks the single largest & most important update to the TomoChain blockchain to date

TomoX is a Killer App with the potential to unlock $Billions of value over time.

Let's see why this upgrade is not incremental, but groundbreaking
2/ Massive Economics - TomoX enables full access to the DeFi space which represented 95% (>$1B) of ETH network value in 2019

TomoX DEXs, Lending & TBA features are primed to tap into this accelerating economic structure, multiplying the value contained within our network
3/ Shared Commercial Investment - Businesses launching DEXs via TomoX are actually investing in TomoChain's success through operational activities & marketing spend on customer acquisition & engagement.

Collectively, this will drive greater attention & use of our platform
Read 7 tweets
1/I'm being asked about the crazy volume $TOMO is experiencing. Not news-driven. But, when it comes to markets, fundamentals do add up. While learning do visit our brilliant, researched & passionate community on TG to learn all the nuances: t.me/TomoChain

Let's dive in:
2/TECH FIRST:
- Mainnet purring for a year now!
- EVM Compatible. 2000 TPS. 2 sec blocktime. Yes, buying a cup of coffee would be fast
- Super Secure. Comprising Network requires a 75% attack, not 51%
- Masternode Cred. @NGC_Ventures, @kucoincom, @1kxnetwork, @Cobo_Wallet run MNs
@NGC_Ventures @kucoincom @1kxnetwork @Cobo_Wallet 3/#TOMOZ : Zero Friction
Ever send ERC20 USDT w/o $ETH? Sucks right? TomoZ issued tokens pay gas fees in the tokens themselves. No native token needed.

Derivatives platform @BitOrb_official & Exchange @aisx_official issued their exchange tokens w/TomoZ for a reason
Read 9 tweets
You need around 10 minutes to own a relayer -> #TomoX saves Relayer Owner’s time
You need deposit 25000 $TOMO to propose a new relayer, but you can resign and get back your fund any time you want -> Zero fees, #TomoX saves Relayer Owner’s money.
All relayers share the same order book, matching engine -> volume, liquidity is better, it’s really good for traders
Many relayers run around the world with different domains. #TomoX runs on TomoChain’s nodes, a truly decentralized network -> Nobody can block #TomoX
Read 7 tweets
0/ Thread time. Continue reading if you want to know what's been going on in the #crypto/#blockchain ecosystem over the past ~24 hours!
1/ 🤝 In a push to bolster speed and throughput, stalwart of the #crypto exchange space - @Bitstamp - chose @Cinnober to henceforth be the provider of its trading system (i.e., replacing Bitstamp's in-house developed matching engine).
2/ Ⓜ️ The team at @MakerDAO [ $MKR ] updated the community on its upgrade path vis-à-vis Multi-Collateral $Dai (MCD).

Ever-meticulous, Maker is running initiatives to ensure that potential bugs/vulnerabilities are identified and fixed prior to release. medium.com/makerdao/the-r…
Read 24 tweets

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