Nomad
Nomad is an approach to blockchain interoperability that leverages an optimistic mechanism to increase the security of cross-chain communication.
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on: Ethereum, Moonbeam and Milkomeda (15-4-2022) " The team has plans to deploy on 10 more chains over the next 1-2 months."
- Programming language used:
Transaction Details
How it works
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
- From Our Network (15-4-2022):
"Nomad channels and the flagship xApp (cross-chain app), the Nomad token bridge, are live on Ethereum, Moonbeam, and Milkomeda, with more chains coming soon."
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
- From Our Network (15-4-2022):
"The token bridge has only been live for 3 months and has amassed $288m in volume with $47m TVL. Nomad's locked asset distribution is made up of 33.6% $USDC followed by 29.7% $FRAX, which makes up a total of $30M of the current TVL. However, $USDT and $WETH have made a surge in the past couple of days on the Moonbeam side, and $WETH and $WBTC are quite popular bridging over to Milkomeda."
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
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