Apa itu UST? UST adalah stablecoin algoritmik yang berada di Ekosistem Terra. UST beroperasi menggunakan model berbagi seignorage dengan LUNA menyerap volatilitas stablecoin UST. Model ini meraih stabilitas melalui mekanisme mint-and-burn: Ketika UST diperdagangkan >$1, 1 Dollar Luna akan di burn untuk mint 1 UST untuk meningkatkan pasokan UST dan dengan demikian akan menarik Kembali…
Coinomo’s Action Plan for UST Products
What Is UST UST is an algorithmic-backed stablecoin native to the Terra Ecosystem. It operates using a seignorage shared model with LUNA absorbing the volatility of the UST stablecoin. This model achieves stability through a mint-and-burn mechanism: When UST trades at >$1, 1 dollar of LUNA is burnt to mint 1 UST to increase the supply of…
The Looming Crypto Bull? Q1 2022 in Review
The Coinomo team is pleased to present our followers with another monthly deep-dive article into the crypto/DeFi industry. This month, we will talk about the uncertainty facing the crypto market as well as key indicators that could indicate market direction. We hope that this article will help our readers understand even more about the industry…
Coinomo’s Response to the USDN/USDC Issue Focuses on Safeguarding Investors and Improving Mid-Risks Vaults
We noticed some concerning movements in USDC/USDN vault and decided to take prompt action to safeguard our investors. Thanks to our quick turnaround, most of our customers came out of this incident unscathed. About USDN USDN is an algorithmic stable coin backed by WAVES, the mechanism where users can mint USDN (which carries an average…
The Role of Cryptocurrency in GeoPolitics
Starting the month of march 2022, we at Coinomo will aim to provide our readers a monthly deep-dive article on the hottest crypto news or concepts in the crypto industry. The first quarter of 2022 has gone off to a wild and unprecedented start for crypto and the world. Rampant inflation, forecasts of interest rate…
Analyzing 2022 Crypto Trends
2021 was a wild year for the crypto industry, from regulatory attention, wild price swings, and technological advances. In this post, we will outline the most promising sectors in the crypto ecosystem in 2022. A Look at the Crypto Industry in 2021 Even with the usual market volatility and China banning crypto in 2021, the…
BT Money Hacks: Bullish outlook for cryptocurrency in 2022 and beyond (Ep 108)
Business times correspondent Howie Lim speaks to Evie Zhang, co-founder and CEO of Coinomo & OMO Finance about cryptocurrency’s outlook for 2022 and beyond, and also whether non-fungible tokens should factor in your portfolio as well.
Top 5 Tips to Avoid DeFi Scams
With over hundreds of DeFi protocols in the crypto ecosystem, it is easy for an investor to be overwhelmed and difficult to verify the safety of their chosen product. Furthermore, unless you are technical expert in DeFi yourself and able to parse through its smart contract codes, most investors have little tools to perform due…
Tak Perlu Takut, Kenali Ciri-Ciri Ini agar Tak Tertipu DeFi Scam
Sebagai investor, Anda mungkin pernah mendengar atau pernah tertipu dengan proyek DeFi scam. Namun, kamu tidak perlu khawatir, berikut ciri-ciri proyek DeFi scam. Decentralized Finance (DeFi) merupakan sebuah ekosistem baru di ekosistem blockchain dan crypto. Maklum saja harga Bitcoin dan altcoin yang terus naik, karena memang didorong oleh banyaknya peminat dari proyek DeFi. Namun, di…
Choosing the Right DeFi Wallet
What is a DeFi Wallet? Is it Different from Other Crypto Wallets? To transact in crypto you must possess a crypto wallet. Usually, every large crypto exchange already have a integrated crypto wallet. Likewise for DeFi platforms. A DeFi wallet is needed to invest in DeFi. DeFi wallets are different from the custodial wallets that…