Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Hanhobi on October 06, 2020, 11:42:50 AM

Title: What is TOMOE?
Post by: Hanhobi on October 06, 2020, 11:42:50 AM

TOMOE is an ERC20 token stored on the Ethereum blockchain and backed by an equivalent amount of native TOMO (on the TomoChain blockchain). One TOMOE is equal to one native TOMO at any given moment.

Token contract address: 0x05d3606d5c81eb9b7b18530995ec9b29da05faba

TOMOE makes it possible to manage TOMO even on the Ethereum blockchain. In addition, there’s also TOMOB – BEP-2 TOMO tokens on Binance Chain, which has similar specifications. Beyond the creation of TOMOE and TOMOB, we can expect that independent blockchains will become more borderless over time.

What is TomoBridge?

TomoBridge is a protocol that allows users to convert assets from a Blockchain to TomoChain, and vice versa. TomoBridge enables you to wrap ETH, BTC, USDT, etc. to TomoChain’s TRC21 Wrapped Token. ETH, BTC, and USDT converted to TRC21 can be traded and lent at TomoDEX.

As of the time of this writing, when you visit TomoBridge, you will see these following features:

TOMO / TOMOE – ERC20
TOMO / TOMOB – BEP2
TOKENS / TRC21 TOKENS

You can find out more about TOMOE in this article: https://pantograph.io/what-is-tomoe/

Title: Re: What is TOMOE?
Post by: Jaephoenix on October 06, 2020, 12:26:17 PM

Nice one here. Good to see a new project that is burgeoning and not tied to any DeFi. Don't get me wrong. DeFi is cool, and is the new way for crypto but it is way overhyped and scammy elements are into it