In case you missed the news, the Konomi Network testnet platform is now live. The live testnet platform is now available for the public’s use. Interested parties can now get a taste of how the main Konomi Network platform will work through the linked website above. The live testnet platform allows for people to go through the investment and liquidity portion of the platform to try their hands at borrowing, investing, and repaying different tokens on the Konomi Network platform.
In order to test out the platform, you will need to set up and create your own testnet wallet, powered…
We are thrilled to announce that Konomi is teaming up with Polkalokr, the first all-in-one, multi-chain token locking and escrow platform with built-in privacy functionality. This partnership will open doors for various opportunities empowering both platforms to come up with the best solutions for all our network users.
Polkalokr provides multi-chain token distribution into the hands of network participants, thereby establishing trust and simplicity for complex token ecosystems.
Polkalokr believes that getting rid of the complexities and tokenomics will make DeFi a more mainstream offering. …
With Konomi’s followers exceeding 60,000 on all major social media platforms, we realized that the time is here to establish the Konomi Community Governance Board. The establishment of the Konomi Community Governance Board will be an important milestone in transitioning Konomi from semi-centralization to complete decentralization. When Konomi product development phase is complete, we will dissolve the Konomi Community Governance Board and let the community carry out complete decentralization. Currently, the Konomi Community Governance Board, which is the highest authority in the Konomi community, will be responsible for the governance of Konomi’s lending and Oracle programs.
In terms of organization…
Konomi is a money market mechanism that operates on a decentralized network. The network aspires to enable more assets in the Polkadot ecosystem through the usage of a substrate as a development framework.
As our team continues to make progress in our cross-chain asset growth activities, we would like to extend an invitation to the community to join us in achieving our vision in the near future. …
Konomi Network has reached new heights in August with the following technology, including:
COMMUNITY AND DATA
We believe that many users have heard that the Konomi Oracle will be launching soon through our various social media channels. Inferring from different community conversations, we have found that there are a lot of concerns regarding the security measure of the Konomi Oracle. Hence, this article will provide answers to these questions.
It is widely known that the Price Oracle has always been an essential part of DeFi, and a Price Oracle that can provide price feeding securely, accurately and quickly is an important prerequisite for a well-functioning DeFi ecosystem. …
Konomi Network has teamed up with Pinknode in a cross-AMA to discuss their individual achievements and what their partnership entails! Want to know more about Konomi Network and Pinknode? Read on to find out about how both companies are thriving in the blockchain industry!
Time: 08:30 AM UTC
Venue: Telegram @KonomiNetwork
Guest: Eric Poh, CEO of Pinknode
Noah, Konomi Network:
Let’s welcome our guest! @ericpnode from Pinknode❤️ Here’s the first question☺️. Would you tell us a little more about yourself and the team?
Eric Poh, Pinknode CEO:
My name is Eric, I’m the co-founder and CEO of Pinknode…
Konomi Network is delighted to announce the launch of Konomi Oracle on Polygon, a full-stack ethereum scaling solution for building and connecting Ethereum compatible blockchain networks.
Polygon aims to bring Ethereum to the world by combining Ethereum’s security, liquidity, interoperability, adaptability, and scalability of the alternative chains into an attractive feature set. Polygon utilizes something called Plasma, which processes off-chain transactions before finalizing them on Ethereum. Polygon is one of the most developer-friendly ecosystems outside of Ethereum mainchain with more tools like Alchemy and Infura and Metamask and Etherscan support
Konomi Network aims to provide a one-stop solution for users…
Our team is over the moon to announce that Konomi Network has successfully passed Beosin (Chengdu LianAn) Technology Co. Ltd.’s comprehensive security audit on the Konomi Oracle smart contracts!
Beosin is a blockchain security company that is committed to providing first-class services for ensuring smart contracts, DApps, and wallets security by using formal verification methods as its main technology. Their verification platform has audited more than 1,000 smart contracts worldwide.
Konomi Oracle’s smart contract security auditing started on August 3, 2021 and finalized its completion on August 10, 2021.
According to the report, Beosin Technology has used various methods such…
Konomi Network has been hard at work by making various advancements towards Konomi Oracle. This includes:
COMMUNITY AND DATA
Konomi Network Forms Partnership with MathChain. 9th July, 2021.
Konomi Network Announces Bug Bounty Program…