Binance launches the 52nd project of new coin mining. A new mining project - OMNI is about to be launched.
It not only indicates the potential value of BNB, but also marks Binance's continued deepening and expansion in the field of blockchain technology.
As we all know, every time Binance launches a mining project, it is accompanied by a steady rise in the price of BNB. This OMNI mining project is no exception. We have reason to believe that BNB will usher in a new rising cycle, and its price will break through $1,000 in the near future. For users who have participated in mining for a long time, a year of hard work will bring at least twice the return on investment, which is undoubtedly the best reward for persistence and wisdom.
This OMNI mining project will be carried out from 8:00 am on April 13, 2024 to 24:00 on April 16, for three days. During this period, users can participate in OMNI mining activities by staking BNB and FDUSD. This move not only provides users with generous mining rewards, but also promotes the further development and popularization of Omni Network on the Binance Launchpool platform.
It is worth mentioning that Binance will be the first trading platform to list OMNI tokens. Trading will officially start at 12:00 (UTC) on April 17, 2024, when OMNI will be open for trading with multiple trading pairs such as BTC, USDT, BNB, FFDUSD and TRY.
In addition, 52 projects have successfully settled in Binance Launchpool-OmniNetwork. These projects aim to integrate the Ethereum rollup ecosystem into a unified layer 1 blockchain and inject new vitality into the development of blockchain technology. It is expected that the relevant webpage will be launched within 5 hours before the start of the launch pool, so stay tuned.
In the OMNI mining project, users can deposit BNB and FDUSD into the designated pool to obtain mining rewards for OMNI tokens. The specific reward mechanism is as follows: Launchpool will provide 3500000 0MNI as token rewards, accounting for 3.5% of the maximum supply of OMNI.
The initial circulating supply will reach 10391492 0MNI, accounting for 10.39% of the maximum supply of tokens. This generous reward mechanism will undoubtedly stimulate users' enthusiasm for participation and promote the vigorous development of the OMNI mining project.
In terms of smart contracts, the OMNI project will use Ethereum as the underlying technology to ensure the security and stability of transactions. At the same time, users participating in mining need to complete KYC certification to ensure compliance and security.In terms of staking terms, an hourly hard cap has been set for each user to ensure fairness and transparency in mining activities.
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