DeFi Token TOM Lists on Foblgate on Nov. 12

강승환 기자 | 기사입력 2020/11/12 [11:37]

DeFi Token TOM Lists on Foblgate on Nov. 12

강승환 기자 | 입력 : 2020/11/12 [11:37]


Hong Kong-based virtual currency (cryptocurrency) service provider TMTG Enterprise HK Limited announced the listing of its DeFi token TOM on Nov. 12.


In season 1 of TOM Finance, a total of 25,000 TOM will be available for mining in sixty days by depositing LP coins on TOM Finance. Participants can acquire LP coins from TMTG/LBXC pool on Uniswap. In season 2, a DeFi DEX will be launched to enable swaps and DeFi service within TOM Finance platform. Moreover, the pool will expand to include a diverse range of tokens such as TMTG, LBXC, and TOM. 


To participate in TOM mining, the users need to deposit TMTG and LBXC in a 1-to-1 ratio in TMTG/LBXC Pool on Uniswap to receive TOM based on their deposit amount. 


TMTG official stated, “DeFi has become the keyword in the virtual asset market. We have designed the TOM token with our know-how and experience accumulated through the launching of TMTG and LBXC staking. We will exert our utmost effort to create a stable DeFi product that minimizes investors’ loss.”


TOM mining begins on Nov. 11 on Uniswap and TOM Finance homepage. More details can be found between the two sites for those interested in taking part in TOM mining.


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