As we continue to grow and expand our reach across the blockchain universe, we are happy to announce that KONO, the native utility token of the Konomi platform, will soon be listed on OKEx. As one of the most influential and largest cryptocurrency exchanges by total trading volume, this listing will introduce KONO and our decentralized money market protocol to a brand new audience of users and investors. With over $5 billion in daily trading volume, this listing will be highly beneficial to the KONO ecosystem.
The listing will take place on Tuesday, April 6, 2021, with deposits and trading capabilities beginning at 5PM; at this point, KONO will be available for open trade on OKEx.
Introducing a New Liquidity Mining Option
The OKEx exchange listing will have many benefits besides additional exposure to KONO, as it also includes a novel liquidity mining opportunity to incentivize our community of stakeholders. OKEx offers a seamless and cost-effective liquidity mining program for projects, one that will be able to significantly reward our community of early supporters without them having to spend unsustainably high transaction fees. This liquidity mining program will offer anyone the opportunity to capitalize on our up-and-coming platform and increase their KONO token yield.
We are excited to be working with one of the most prominent and respected cryptocurrency exchanges in the industry. We look forward to our mutual growth as we expand KONO into new global marketplaces.
Konomi is a cross-chain decentralized money market protocol supporting assets across multiple blockchains. Built using Polkadot’s Substrate, Konomi is positioning itself to become the Polkadot ecosystem’s preeminent money market protocol. By drastically improving base layer functionality and offering easy interoperability with existing defi projects and tokens, Konomi will act as a cryptocurrency highway that allows for fluid movement between decentralized assets, regardless of which chain they originate on.