I had recently covered many...
layer 1 & 2 projects like $ARB, $ZKS, $APT, etc.
Now, it's time to cover another Layer 1 known as "Onomy Protocol".
They will soon launch their native $NOM token.
Here is a testnet and #Airdrop strategy guide...
A thread π§΅
layer 1 & 2 projects like $ARB, $ZKS, $APT, etc.
Now, it's time to cover another Layer 1 known as "Onomy Protocol".
They will soon launch their native $NOM token.
Here is a testnet and #Airdrop strategy guide...
A thread π§΅
Will try to keep it as simple as possible.
β’ The next 2 tweet covers info about the project and token.
β’ The guide starts from the 3rd tweet.
β’ The next 2 tweet covers info about the project and token.
β’ The guide starts from the 3rd tweet.
Onomy Protocol is an interoperable Layer 1 ecosystem.
Onomy consists of four components:
- Onomy Network: A layer 1 blockchain
- Onomy Exchange: A Dex
- Onomy Access: A wallet
- Onomy Reserve: Governs the minting process of their stablecoin $DENOM by keeping $NOM as collateral.
Onomy consists of four components:
- Onomy Network: A layer 1 blockchain
- Onomy Exchange: A Dex
- Onomy Access: A wallet
- Onomy Reserve: Governs the minting process of their stablecoin $DENOM by keeping $NOM as collateral.
About Token:
Their native token $NOM will be used as/for:
- Collateral for minting $DENOM [Stablecoin]
- Staking
- Governance
- Gas fees
Token Supply: 100M [Expected on genesis]
Detailed tokenomics is yet to be released.
Their native token $NOM will be used as/for:
- Collateral for minting $DENOM [Stablecoin]
- Staking
- Governance
- Gas fees
Token Supply: 100M [Expected on genesis]
Detailed tokenomics is yet to be released.
Let's get started with the guide π
πTask index:
1. Setting up Goerli testnet on Metamask and claiming test tokens.
2. Creating Keplr wallet.
3. Trying out the beta product:
π Buy/Sell
π Bridge
π Staking
4. Discord activity.
1. Setting up Goerli testnet on Metamask and claiming test tokens.
2. Creating Keplr wallet.
3. Trying out the beta product:
π Buy/Sell
π Bridge
π Staking
4. Discord activity.
1. Set up Goerli on metamask and claim testnet $ETH.
β’ Open your metamask extension and select Goerli testnet.
β’ Signup and Claim some test ETH from this faucet: goerlifaucet.com
β’ Open your metamask extension and select Goerli testnet.
β’ Signup and Claim some test ETH from this faucet: goerlifaucet.com
3. Trying out the testnet product.
β’ Connect your wallet: bonding-curve-testnet.onomy.io
β’ Connect your wallet: bonding-curve-testnet.onomy.io
π
Buy/Sell:
β’ For buying, enter the amount of Ethereum, and click on "Buy bNOM".
β’ Select the gas fees and confirm the transaction.
β’ In the same way, you can try out the sell transaction.
β’ For buying, enter the amount of Ethereum, and click on "Buy bNOM".
β’ Select the gas fees and confirm the transaction.
β’ In the same way, you can try out the sell transaction.
π
Bridge:
β’ Click on the "Bridge bNOM to NOM" button.
β’ Select Keplr Wallet.
β’ A popup will appear for approving the chain add request on Keplr.
β’ Approve it.
β’ On the next popup, enter the number of BNOM tokens you want to bridge and click on "Swap bNOM for NOM".
β’ Click on the "Bridge bNOM to NOM" button.
β’ Select Keplr Wallet.
β’ A popup will appear for approving the chain add request on Keplr.
β’ Approve it.
β’ On the next popup, enter the number of BNOM tokens you want to bridge and click on "Swap bNOM for NOM".
β’ Click on "Approve for Bridging".
β’ A metamask popup will appear, to confirm the transactions.
β’ It might take 5-7 mins for the full process to complete, after the completion move on to the staking step.
β’ A metamask popup will appear, to confirm the transactions.
β’ It might take 5-7 mins for the full process to complete, after the completion move on to the staking step.
π
Staking:
β’ After bridging, click on the "Manage Staking / Rewards" button.
β’ Select any validator node and click on "Delegate".
β’ Enter the amount you want to delegate and confirm.
β’ Approve the transaction on Keplr wallet popup.
β’ That's all.
β’ After bridging, click on the "Manage Staking / Rewards" button.
β’ Select any validator node and click on "Delegate".
β’ Enter the amount you want to delegate and confirm.
β’ Approve the transaction on Keplr wallet popup.
β’ That's all.
π
Discord Activity:
β’ Try to be active on their Discord community: discord.gg
β’ Also, drop your keplr testnet wallet address in the "drop-nom-address π" channel.
β’ Try to be active on their Discord community: discord.gg
β’ Also, drop your keplr testnet wallet address in the "drop-nom-address π" channel.
There are many projects that are popping up daily, and it's hard to keep track of them.
So I have created this sheet for you with all the early-stage projects. Check it out: bit.ly
So I have created this sheet for you with all the early-stage projects. Check it out: bit.ly
Like content such as this?
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I have this mental condition, where I can only make such posts with the help of retweet/like therapy. So pls help me and retweet-like this tweet.
You should definitely follow me here:
Twitter: @its_airdrop
Telegram: t.me
I have this mental condition, where I can only make such posts with the help of retweet/like therapy. So pls help me and retweet-like this tweet.
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