Konomi Network

KONOMI P2P Lending will use the Konomi Oracle Machine to fill the gap in the market for small currency lending by launching the Konomi P2P lending module, based on the concept of a capital pool. In the long run, Konomi P2P will be a highly free, user-friendly, and flexible tool for personal DeFi financing.

KONOMI staking contract will allow any project to initiate a decentralised staking without having to rewrite the staking contract. The initiator has the liberty to set the type of tokens to be staked, the term and the interest rate allocation. In addition to single-currency staking, initiators can also choose to use pair-Staking for dual-currency staking projects.

Decentralised GovernanceThe Konomi protocol is governed by Kono holders through the governance module.The governance contract allows the Kono holders to initiate proposals and vote on the initiated proposals regarding the key parameters of the protocol and the distribution of the benefits. Using ProductsThe use of some of the decentralised products in the Konomi Network will require the consumption or staking of Kono to cover the cost of using the products.The consumed Kono will be permanently put into a black hole address to reduce the total supply of Kono. Node StakingKonomi token could be staked to participate in the base layer consensus and earn system rewards.It is also the staking currency to share platform revenue and ensure that the debt positions are safe.