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About TOM

What is Tom Finance (TOM)?Tom Finance is a Klaytn and Ethereum blockchain based DeFi and NFT protocol started from November 2020.It claims that Tom Finace is a multi-chain based DeFi and NFT platform. Tom Finance also claims that it designs a user friendly way to access DeFi market and participate in governance by depositing the Vault service.TOM Finance also claims that it provides optimal rewards by linking Uniswap and Klayswap-based swap services and various virtual assets with other DeFi protocols.Below is a graph showing hoe Tom Finance work.What is TOM token?TOM was provided as a staking reward for participants who participated in the Ether-based SWAP pool, and all 25,000 were issued, and there is no further issuance.

TOM Finance (TOM) is a cryptocurrency launched in 2020. TOM has a current supply of 0 with 0 in circulation. The last known price of TOM is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://tom.finance/.

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TOM Price Statistics
TOM’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3175
TOM Market Cap
Market Cap
$0
Fully Diluted Market Cap
$9.95M
TOM Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
TOM Supply
Circulating Supply
0
Total Supply
0
Max Supply
50,000.00
Updated Dec 14, 2023 2:21 am
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TOM
TOM Finance
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Hong Kong's virtual asset ETF market has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc.
Hong Kong's virtual asset ETF market has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc.
Wang Long, chairman of the Greater Bay Area Financiers Association, pointed out in an article published in Ta Kung Pao that although Hong Kong's virtual asset ETF market is still in the development stage compared to the United States, it has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc. In April this year, the Hong Kong Securities Regulatory Commission approved 6 and 14 virtual asset spot ETFs, including Hong Kong dollars, US dollars, and RMB categories, which are limited to trading on trading platforms holding Hong Kong Securities Regulatory Commission licenses. In summary, the development of Web3's DeFi is optimistic. For example, the development of RWA is predicted to exceed 10 trillion US dollars. The reason for optimism is that although there are some financial instruments in the real world, such as pledges, derivatives, and swaps, these instruments cannot effectively solve the problem. The development of RWA aims to introduce more stable and diversified financial products by leveraging decentralized technology to provide more robust returns and reduce the cost of holding funds in virtual assets. The introduction of RWA will help enrich the financial instruments in the virtual world, meet the huge financial needs in the real world, and provide new market opportunities for financial practitioners. Nowadays, more and more global investors are paying attention to how to invest in virtual assets. The United States and Hong Kong have also approved the listing of virtual asset ETF funds, and the scale of investment has also increased rapidly. Decentralization appears to be opposed to the centralization of traditional financial infrastructure architecture, but in fact they are unified. Blockchain finance has been developed for more than ten years. Now many traditional financial institutions are paying attention and learning. In the future, the application of traditional finance based on blockchain decentralization will become more and more in-depth, and the application of DeFi will become more and more abundant.
Jul 27, 2024 1:56 pm
WazirX Co-founder: The compensation plan does not involve the INR wallet balance, and future recovery measures include recovering stolen assets, airdrops, etc.
WazirX Co-founder: The compensation plan does not involve the INR wallet balance, and future recovery measures include recovering stolen assets, airdrops, etc.
WazirX co-founder Nischal said in a post on X that the fastest way to reopen the platform for operation is to socialize the losses of the entire crypto portfolio. INR wallet balances will not be affected. This partial lock only applies to the crypto portfolio balance. This is the first phase, and everyone can access a portion of the cryptocurrency portfolio. In the second phase, the team will work on recovery, which will include recovering stolen assets, finding partners and external help, airdrops/new token use cases, etc. We are also considering how to fill this gap with the future profits of the exchange if we can grow the business. It takes a long time to recover such a large amount. By socializing the losses, as other affected exchanges have done in the past, we will be able to open the platform to everyone faster. With the continued support of users, we will be able to: 1. Restart operations; 2. Carry out recovery work through various methods. Earlier today, WazirX released an update on the recent security incident: In order to facilitate the management of users' remaining assets, we will provide two options, each with specific benefits and conditions. 55% of the user’s crypto assets will be available for trading and/or withdrawal (depending on the option selected by the user), while the remaining 45% will be converted into USDT equivalent tokens and locked.
Jul 27, 2024 1:43 pm

Frequently Asked Questions

  • What Is TOM Finance (TOM)?

    TOM Finance is automated market making (AMM) decentralized exchange (DEX) that is built on the Ethereum blockchain with the purpose of enhancing liquidity for ERC-20 gold stable coins on decentralized exchanges

    TOM is the native utility token that is used for:

    • Governance of the platform through staking and voting
    • Earning 0.05% of trading fees earned on the TOM protocol
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  • How Many TOM Coins Are There in Circulation?

    TOM Finance launched on November 11, 2020 with 25,000 tokens created at genesis. All of the tokens will be distributed in the initial liquidity mining period to bootstrap liquidity of the token. In phase 2, an additional 25,000 tokens will be created to bootstrap liquidity of the AMM platform. 100% of all tokens will be distributed fairly through liquidity mining.

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  • Who Are the Founders of TOM Finance?

    TOM Finance is launched by the same team that create The Midas Touch Gold (TMTG) token which is a platform that provides users with the option of owning digital gold backed by real physical gold that is custodied with their partners.

    The team started TOM Finance to enable greater liquidity for ERC-20 gold stable coins.

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  • What is the all-time high price of TOM Finance (TOM)?

    The all-time high of TOM was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of TOM Finance (TOM) is 0. The current price of TOM is down 0% from its all-time high.

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  • How much TOM Finance (TOM) is there in circulation?

    As of , there is currently 0 TOM in circulation. TOM has a maximum supply of 50,000.00.

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  • What is the market cap of TOM Finance (TOM)?

    The current market cap of TOM is 0. It is calculated by multiplying the current supply of TOM by its real-time market price of 0.

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  • What is the all-time low price of TOM Finance (TOM)?

    The all-time low of TOM was 0 , from which the coin is now up 0%. The all-time low price of TOM Finance (TOM) is 0. The current price of TOM is up 0% from its all-time low.

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  • Is TOM Finance (TOM) a good investment?

    TOM Finance (TOM) has a market capitalization of $0 and is ranked #3175 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze TOM Finance (TOM) price trends and patterns to find the best time to purchase TOM.

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