Onomy’s Bonding Curve is launching on Tuesday, the 6th of December, at 3pm UTC.

WARNING

THE ONLY OFFICIAL LINK TO THE BONDING CURVE AND CONTRACT ADDRESS ARE:

Link: https://bnom.onomy.io/

Bonding Curve Contract: 0x264C13cfEd981e3137Fb43B198D14D8D5D64977E

The following tutorial will guide you through Onomy’s Bonding Curve interface, enabling interested parties to interact with the Onomy Network, Arc Bridge Hub, and the Bonding Curve.

What’s the Onomy BC?

The Bonding Curve (BC) helps distribute NOM tokens to users who would like to utilise Onomy’s vertically-integrated ecosystem of DeFi products.

Bonding Curves work by establishing a relationship between supply and price through AMM contracts. They provide an instant market with liquidity before exchange listings, rather than a static-priced sale.

The BC is deployed on Ethereum, where $bNOM may be purchased and sold. $bNOM may then be bridged 1:1 for $NOM on the Onomy Network, which burns the $bNOM and moves the price floor higher until it reaches parity with $ETH. $NOM would be listed on exchanges and is the utility & governance token for the Onomy ecosystem.

Bonding Curve Price Formula

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To learn more about the purpose and mechanics of the Bonding Curve, click here or here.

How to Use Onomy’s Bonding Curve?

1) Install Metamask and the Keplr wallets