Konomi Network (KONO)

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Konomi Network (KONO) 



Konomi is a full suite asset management solution for cross-chain crypto assets. Using Substrate as the development framework, the network aims to support more assets in the Polkadot ecosystem. Users could manage their crypto holding positions, trade assets, and earn interest through decentralized money market products. Konomi also issues its native network token in order to kick start liquidity and decentralized governance.

Konomi Will Integrate Chainlink’s Decentralized Oracles to Secure Its Cross-Chain Money Markets


As the blockchain ecosystem continues to advance, it is evident that interoperability between networks will play a vital role in widespread adoption. This will be the only way to unlock the full value that blockchain technology enables. Currently, the majority of the DeFi ecosystem is built on top of Ethereum, the largest smart contract platform. However, a massive increase in transactions has taken a toll on the network’s ability to process everything in a cost-effective manner.


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