(From the English community, translated by myself for your reference)

What is the OMNI Network?

👉Omni Network is a blockchain platform based on Cosmos SDK, secured by validators on Ethereum. This means that, to ensure security, Omni Network will use Ethereum Eigenlayer with staking. In short, Omni Network combines the security of Ethereum with the flexibility and scalability of Cosmos.

👉Omni Network's operating model can be understood as a Layer 1 platform, where the blockchain built on Omni Network will be Rollup Chains. However, Omni Network operates differently from Ethereum and current Layer 2 solutions. The main difference is that Omni Network's target platform is built on cross-rollup applications.

👉Cross-aggregation applications can easily interact, trade, and transfer information with each other, creating synchronization and connectivity within the Omni Network ecosystem. This also means that cross-chain solutions are not required to convert assets within the cross-aggregation application ecosystem.

The Omni Protocol consists of two main parts:

🔥Omni EVM: This is an EVM implementation layer capable of accepting transactions involving Ethereum.

🔥Omni Driver: This layer implements secure interactions and connects Omni Validator with ETH resaker, requiring them to participate in the consensus process.

I think the main benefits are:

🔥Extensive interoperability

🔥Connect Ethereum rollups for easy cross-rollup interactions.

🔥EVM compatibility

🔥Familiar environment for Ethereum developers and users.

🔥Liquidity Concentration

🔥Helps deploy dApps on multiple layers to pool liquidity.

🔥Cross-Rollup Deployment

🔥Aggregate all aggregated users and liquidity to enhance the experience.

🔥Investor support

🔥Backed by renowned investors, adding credibility and financial support.

🔥Ethereum re-staking function

🔥Use Eigenlayer to provide real-time Ethereum aggregate data for dApps

As always, the#BinanceLaunchpoolproject is a golden opportunity in my opinion. We can all see how the recent players have performed so far. I also expect a very good ROI for OMNI!

Let’s dive into the utility and use cases of the OMNI token

🔥Governance: OMNI token holders have voting rights on proposals that shape the future of the network. These proposals can address protocol upgrades, fee structures, and integration with other blockchains.

🔥Staking: Users can stake their OMNI tokens to contribute to network security and earn rewards. Staking OMNI, and re-staking Ethereum, forms the basis of a dual-staking mechanism that secures the network.

🔥Transaction Fees: OMNI tokens are the primary currency used to pay transaction fees on the Omni Network. This eliminates the need for multiple tokens across different aggregations, simplifying the user experience.

🔥Gas Abstraction: The OMNI token facilitates Gas abstraction, a core functionality of the network. Users can pay transaction fees on any aggregation within the network, regardless of where their funds are located. OMNI acts as a universal fuel for transactions across the Omni Network.

Just as importantly, OMNI Network announced the Genesis Airdrop for early community members and partners. You can read more about it here:

👉https://news.omni.network/the-omni-genesis-airdrop/

OMNI Launch Pool Details:

👉Token Name: Omni Network (OMNI)

👉Maximum Token Supply: 100,000,000 OMNI

👉Launchpool Token Rewards: 3,500,000 OMNI (3.5% of max token supply)

👉Initial Circulating Supply: 10,391,492 OMNI (10.39% of max token supply)

👉Smart Contract Details: Ethereum