Trust Wallet adds support for TomoChain (TOMO)
All Trust Wallet users can now safely receive, send, store and stake their TOMO Coin from the convenience of their mobile multi coin crypto wallet.
To enable the new Asset inside of Trust Wallet, tap the + sign in the upper right corner, then tap on the slide bar next to TOMO.
What is TomoChain
TomoChain relies on a system of 150 Masternodes with a Proof of Stake Voting (POSV) consensus and TOMO the native cryptocurrency, being a reserve cryptocurrency for all third-party apps running on TomoChain. The supply of TOMO is fixed, long-term and non-inflationary.
TOMO can be used for the following:
- To fund the development of TomoChain and it's ecosystem (TomoScan, TomoMater, TomoWallet, etc.).
- To reward and incentivise the building of the TomoChain engine/ecosystem.
- To be used as a long-term, decentralized governance instrument of the TomoChain network.
- To stake and earn through TomoMaster
With their Mainnet launch today (14.12.18) the ERC20 TOMO Token will migrate from the Ethereum blockchain to the TomoChain blockchain and become the native TOMO Coin in a one-to-one ratio.
Starting December 18th you will be able to use TomoMaster to initiate a masternode candidate, or vote for current candidates and earn TOMO Coin for doing so.
TomoChain is a new public blockchain that supports almost instant confirmations, near zero transaction fees, and smart contracts via a system of 150 masternodes — which aim to be a solution for decentralized apps, token issuances and token integrations for small and big businesses alike. They support all EVM-compatible smart-contracts, protocols, as well as atomic cross-chain token transfers and offer security, stability and chain finality via techniques such as double validation, staking via smart-contracts and randomization processes