Onomy Network is an application-specific layer-1 blockchain built on CosmosSDK. It leverages the Interchain Communication Protocol (IBC) to connect with other Cosmos chains. In addition, Arc Hub integrates other blockchain ecosystems with Onomy into one hub to facilitate interconnection and unified user experience among different blockchains. NOM is the native token of the Onomy Network, used to secure the network through Proof-of-Stake, and provides users who hold NOM with staking rewards that grow over time, whether through delegation or becoming a validator of the network . NOM also enables holders to participate in Onomy’s governance, pay Arc bridge fees, and serve as collateral for stablecoins.