Autonio Supports TomoChain to Boost TomoDEX Liquidity

TomoDEX
TomoChain
Published in
3 min readDec 24, 2020

We’re excited to announce a strategic partnership with Autonio.Foundation, a decentralized autonomous organization built around developing accessible, easy to use and affordable trading tools and services for the DeFi ecosystem. Autonio’s new liquidity mining protocol and market making tools gives exchanges and tokens access to intelligent crowdsourced liquidity.

Autonio’s NIOX Maker is a user-friendly market making tool that allows anyone to set up a market making bot (MMB) in a minute without any technical requirements. By running a MMB with NIOX Maker, users will be able to make potential profits from the price differences between buys and sells, which are all customizable at the settings.

Once TomoDEX has been integrated into NIOX Maker, all traders on TomoDEX, including yourself, can choose to become a market maker by running a MMB with NIOX and earn passive income*. Therefore, the liquidity on TomoDEX and all relayers across TomoX protocol will expect to see a dramatic boost.

The following integrations are looking to be implemented and soon available for our users:

  • Integration of TomoDEX into NIOX Maker
  • Adding support for TomoChain on NIOX Swarm; bringing liquidity mining campaigns onto TomoChain
  • Adding support for TomoChain DEXs into Autonio’s SmartDEX

We believe this integration will be a huge win for everyone.

  • For Autonio, TomoChain’s fast and low-fee infrastructure provides an ideal platform for its trading tools to be deployed. Simply more users and better usability for Autonio.
  • For TomoChain users, they will be equipped with a suite of trading tools provided by Autonio to earn passive income*.
  • For TomoChain ecosystem, Autonio’s trading tools will expect to drive up the liquidity across all TomoX DEXs and significantly improve the DEX trading experiences for all traders.

*Risk Warning: Cryptocurrency investment involves significant risk and may result in a loss of your invested capital. Please make sure that you fully understand the risks involved and take it into consideration your level of experience, investment objectives, and seeking out independent financial advice if necessary.

Kyn Chaturvedi, TomoChain CBDO shared, Working alongside Autonio to improve liquidity across TomoX-based DEXs is a high priority initiative. And sourcing liquidity directly from our DEX users is just common sense. Autonio’s easy-to-use Market Making tools should encourage the most passive of traders to participate and earn while improving the trading experience for all

Ali Raheman, Autonion.Foundation Founder added that Working with TomoChain is an exciting and important step for us as we will be able to service a larger community with our intelligent tools and drive value for the decentralized ecosystem at large. TomoChain’s mission to drive adoption is in line with that of our own, enabling a private, secure and profitable experience for users. We’re very excited about building on top of the fast, reliable and scalable blockchain infrastructure that TomoChain has to offer.

About TomoChain

TomoChain is a scalable blockchain-powered via Proof-of-Stake voting consensus and used commercially by companies globally.

TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology and DeFi-focused flagship products include:

  • Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatibility.
  • An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.

Learn more about Tomochain by visiting the TomoChain Website, Twitter, Telegram or Medium.

About Autonio

Autoonio.Foundation is a decentralized autonomous organization built around developing accessible, easy to use and affordable trading tools and services for the DeFi ecosystem. These tools make it easier for crypto traders to conduct trading analysis, deploy trading algorithms, exchange crypto currencies, sell their strategies and pool funds for trading purposes, all with profitability, security and ease.

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TomoDEX
TomoChain

TomoDEX is the first decentralized exchange powered by TomoX protocol. Operated by TomoChain Pte. Ltd. yet secured by the trustless TomoChain blockchain.