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Month: May 2022

Coinomo’s Action Plan for UST Products

Posted on 18 May, 2022 by Ximena Cordon

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…

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Coinomo’s New and Improved Referral Program

Posted on 11 May, 202211 May, 2022 by Ximena Cordon

We’re happy to announce our new and improved referral program launched in our latest app update. This promotion rewards our members when they refer new users to our platform. It’s simple! Give your friends your referral code and ask them to register and fill in this referral code. You and your friend will get a 100…

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  • Coinomo’s Action Plan for UST Products
  • Coinomo’s New and Improved Referral Program
  • The Looming Crypto Bull? Q1 2022 in Review
  • Coinomo’s Response to the USDN/USDC Issue Focuses on Safeguarding Investors and Improving Mid-Risks Vaults
  • The Role of Cryptocurrency in GeoPolitics
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