The Story of Nomic ($NOM ) - Bringing Native $BTC to Cosmos 🌌*
Nomic bridges BTC to IBC without wrapping! ⚡ NOM secures Nomic, an appchain that uses nBTC: Bitcoin backed 1:1 and controlled by a decentralized validator set. What's your take on BTC flowing through Cosmos DeFi? 🤔 #Nomic #NOM #Bitcoin
NOM is staked to validate BTC deposits, pays for IBC relaying, and governs bridge upgrades 🌟. Users deposit BTC to Nomic and receive nBTC on Osmosis, dYdX, and Injective in minutes. No multisigs, no admin keys. Through interchain accounts, BTC can even LP and stake directly from Bitcoin. As BTC becomes interchain money, Nomic turns Bitcoin into the reserve asset for the Cosmos ecosystem 🚀.