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Thursday, April 22nd, 2021

 

Stablecoin TAI from TomoFinance to be launched on April 26

Mahe, Seychelles-TomoFinance, a platform for issuing Tomochain’s decentralized Stablecoin, TAI, is scheduled to be released on April 26. TAI is a TRC-21 token that functions as a Stablecoin and worth equal to $1. Users can generate TAI by depositing their collateral assets (TOMO) with TomoFinance. TomoChain, used by TomoFinance, is a blockchain that uses Proof-of-Stake Voting consensus. It features 2000 TPS, a 2-second block time, and almost zero fees while being EVM-compliant to solve the issues of Ethereum. Using TomoChain’s native token (TOMO) as collateral to issue TAI has theRead More