Hey Folks, time to get more deeper into OMNI Network and take a look at #OMNICOIN Roadmap that looks pretty bullish for me!
In this Market Correction farming OMNI now is the best decision you can make actually!
The Omni Network is a Layer 1 blockchain powered by the dual Proof of Stake mechanism of the restaked ETH and the native $OMNI token. This allows developers to deploy Omni rollup smart contracts on the Omni network, enhancing the interoperability of Ethereum L2 solutions and unifying them into a single mechanism.
At the platform’s DAO and PoS mechanism lies the native $OMNI token. Its main purpose is to grant access to decentralized voting, pay fees, and reward node runners within the network.
The company’s vision towards rollup interoperability has garnered significant attention from leading funds such as Coinbase Ventures, Spartan Group, and others, securing over $18.1 million from them.
Token utility: The $OMNI token, while playing a crucial role in powering the network’s PoS mechanism, is also used for granting access to Omni’s governance votings, paying fees for utilizing the network, and rewarding node runners.
The Omni Network architecture comprises several key components:
🔥Internal Chains: Consists of a consensus layer and an execution layer, mirroring Ethereum's post-merge structure, where the execution layer uses standard Ethereum clients (e.g., Geth, Erigon) to run the Omni EVM.
🔥EigenLayer Restaking Contracts: Connect Omni with its restaking participants and are registered with EigenLayer as an Actively Validated Service (AVS).
🔥Portal Contracts: Serve as the main interface for creating cross-network messages, deployed across all supported rollup VMs and the Omni EVM.
🔥Relayer: Delivers attested cross-network messages from Omni to destination rollup VMs after receiving confirmation from the Omni validators.
Let's take a look at the Road Map:
Q2 2024:
👉Mainnet launch: The highly anticipated mainnet launch marks the official debut of the Omni Network, bringing its interoperability vision to life.
👉Liquid Restaking Protocol and EigenLayer operator onboarding: This paves the way for a robust staking infrastructure, ensuring the security and decentralization of the network.
👉Token Generation Event: The official launch of the OMNI token, the lifeblood of the Omni Network, empowers users to participate in the network’s governance and economic security.
👉Onboarding the first of the $11B+ commits to deploy xERC20 secured by Omni: This signifies a major milestone, attracting significant value to the Omni Network and demonstrating its potential for widespread adoption.
Q3 2024:
👉Cohort launch of Natively Global Applications (NGAs) deployed on the Omni EVM:
👉Multi-rollup declarative deployments for smart contracts, facilitating a kubernetes-like developer experience for expanding applications across all rollups.
👉Typescript frontend library for deploying natively multi-rollup applications that work seamlessly across all rollups.
Q4 2024:
👉Expand Omni Network to include alternative Data Availability systems like EigenDA and Celestia. By incorporating additional data availability options, Omni Network enhances its flexibility and resilience, ensuring smooth operation even in unforeseen circumstances.
👉Attestation sharding to increase the rollup capacity of the network by an order of magnitude. This scalability upgrade significantly expands the network’s ability to process transactions, paving the way for wider adoption and a thriving ecosystem.
👉Onboard MPC providers to provide institutional users with access to all Ethereum rollups. This move bridges the gap between traditional finance and the decentralized world, allowing institutional players to securely participate in the vast opportunities offered by the Ethereum rollup landscape.
Guys really in the current Market Correction before Halving it's the best to start farming now and put your BNB or FDUSD at work! Binance Launchpool Projects recently do very good when it comes to TOI and OMNI Network won't be exclusion from this!
HOW to Farm?
Stake $BNB
https://launchpad.binance.com/en/launchpool/OMNI_BNB
Stake $FDUSD
https://launchpad.binance.com/en/launchpool/OMNI_FDUSD
HAPPY FARMING 🔥
