Dominium

Dominium

Dominium is a DeFi protocol that offers a cryptocurrency, the DOM token, backed by real-world assets. It enables users to earn on-chain income through NFTs that are supported by assets such as cryptocurrency miners, Airbnbs, and various businesses, aiming to create a currency resistant to inflation.
Distributed

Description

Dominium is a decentralized finance (DeFi) protocol centered around the DOM token, a digital asset backed by revenue from real-world assets like Airbnbs, cryptocurrency miners, and other businesses. The platform offers various utility NFTs which, when staked, provide daily rewards to the holder. These NFTs are tied to different asset collections, such as cryptocurrency mining or cash-flowing businesses. The revenue generated from these underlying assets is used to perform monthly buybacks of the DOM token, aiming to create a deflationary currency resistant to market volatility. The protocol emphasizes security through KYC verification and smart contract audits.