Description
Nomic is a layer-1 blockchain which offers a decentralized, non-custodial Bitcoin bridge. It enables users to bridge their BTC to the Cosmos ecosystem securely and efficiently, using IBC to interact with DeFi protocols on Osmosis and other platforms. Nomic introduces nBTC, a token representing 1:1 ownership of Bitcoin in an IBC-compatible form, and NOM, a token for network security and Bitcoin rewards.