Omm Review: Is Its ICON Lending Market Usable?
Omm is an ICON-based money market for supplying assets and borrowing, with OMM rewards described. Current costs, supported assets and audit details are unclear, so there isn’t enough information to recommend depositing.
By the SkyBitcoins review team · Updated
SkyBitcoins rating
Not rated yet
At a glance
Omm key facts
| Type | ICON money market |
|---|---|
| Chain | ICON |
| Core use | Supply assets and borrow |
| Token | OMM |
| Value locked | $150K−0.0% 7d |
| Audits | 2 audits listed |
| Updated |
Omm FAQs
What is Omm?
Omm is described as a money market on the ICON blockchain. Its stated uses are supplying assets to earn interest and borrowing assets for short-term loans, with OMM rewards also mentioned.
What does it cost to use Omm?
Omm’s current fees, interest rates and supported assets are unknown. Check the market’s current terms before supplying funds or borrowing.
Is Omm safe to use?
Two audits are listed, but their names, dates and scope are not established. That isn’t enough to assess how thoroughly the protocol has been reviewed or how funds are protected.
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How we checked
Sources
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