Omm

The money market made for everyone!

Your money loses value every day it stays in the bank. Many countries target an annual inflation rate of 2%, but most banks offer less than a 0.5% return. You deserve better. Supply money on Omm and watch your balance grow from day one. Need a loan? Borrow against your assets in seconds. Omm is designed to be accessible to everyone, so if you’re new to cryptocurrency, all you need is an email address and USD.

Add ICX, USDS, or IUSDC to a market to earn variable interest and Omm Tokens (OMM) each day. Supply ICX, and you’ll also earn staking rewards. When you need to use your assets, you can withdraw them in an instant. Use your supplied assets as collateral to borrow up to 50% of the value. The amount you owe will increase each day based on the variable interest rate, so it’s best for short-term loans.

Omm operates as a decentralized autonomous organization (DAO), owned by its community. Omm Tokens (OMM) is the platform’s governance token: stake them for the right to shape Omm’s future, and to earn even more OMM. Omm will distribute 1,000,000 OMM a day for 30 days. The amount then drops to 400,000/day for the first year and is reduced by 100,000/day each year until year 5+, when it stabilizes at 3% inflation.

Omm is decentralized, so it operates via smart contracts. The Omm smart contracts were audited by Slowmist, whose list of clients includes leading exchanges like Binance, Huobi, and OKex. An audit reduces the risk of smart contract bugs, but there’s always a risk. Invest only what you can afford to lose.