Supplement: 2 expected coin prices and revenue updates; 1 some mining data updates.
Let’s simply calculate the expected return of this #Launchpool #新币挖矿 #OMNI participation using $FDUSD and $BNB .
FDUSD current circulation: 3.957 billion (04-13 17:00)
3.942 billion (04-13 1 o'clock)
The BNB users have in the “BNB Revenue Pool” and “BNB Regular Products” will automatically participate in this Launchpool.
Briefly describe the project: Omni Network is a Layer 1 public chain that aims to aggregate Ethereum ecosystem applications. It can be understood as an EVM Layer 2 cross-chain interaction protocol, and can be compared to Ethereum's customized version of the Cosmos ecosystem.
I don’t understand the technology due to my limited ability. But I have a question. Since it is L1, it must be the settlement layer (DA layer). So when entering the Omni network from the Ethereum ecosystem, and returning from the Omni network to the Ethereum ecosystem, for example, a settlement will be made on the Ethereum main network, which means that the data will inevitably be recorded on the Ethereum main network. The Omni network uses OMNI as the global gas. I don’t know if it has done the conversion itself.
If you read the project white paper specifically, you may have some misunderstandings. If there are any mistakes, please feel free to correct me.
Token usage:
Staking. It should be noted that the OMNI staking protection network is a supplement to the ETH re-staking verification node. Simply put, this function can be removed. Of course, in order to enable tokens and native governance functions, this function will not be removed.
Governance.
There are two types of gas fees. The native gas fee of the Omni network; there is another gas fee that may be the compensation for my above question, because the global gas fee of the Omni network is OMNI tokens (OMNI tokens are used to supplement the gas fees of ETH tokens bridged in and out).
According to the Binance research report: The project has raised approximately $18.1 million through two rounds of private token sales, of which 9.1% of the total supply of OMNI tokens was sold at $0.18/OMNI (seed round), 11% of the total supply of OMNI tokens was sold at $0.18/OMNI (seed round) and $1.50/OMNI (round A, which should be the public offering), accounting for 20.1% of the total supply of OMNI tokens sold in the private round.
The whale market price was around $40, with a turnover of $255,000.
(May be overestimated by me) Finally, assuming that the circulating market value after listing is about $363 million, then the expected coin price is about $35 and the total circulating market value is about $3.5 billion.
(Please note: This mining will last for 4 days! From 08:00 on April 13, 2024 to 07:59 on April 17, 2024, Beijing time)
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FDUSD pool daily output: 131,250 OMNI
Number of tokens deposited in the FDUSD pool: 3.14 billion.
Deposit 1000 FDUSD, and you can get: (1000 / 3,140,000,000) * 131,250 = 0.0418 OMNI per day
The expected daily return per 1000 FDUSD is: 0.0418 * 35 = 1.463 $
The expected annualized rate of return of the FDUSD prize pool is: (1.463 / 1000) * 365 = 53.4%
The expected return on capital of the FDUSD pool is: (1.463 * 4) / 1000 = 0.585%
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BNB pool daily output: 743,750 OMNI
Number of tokens deposited into the BNB pool: 18.39 million.
Deposit 1 BNB, and you can get: (1 / 18,390,000) * 743,750 = 0.0404 OMNI per day
Estimated daily income per 1 BNB: 0.0404 * 35 = 1.414 $
BNB is calculated based on a reference price of $595
The expected annualized rate of return of the BNB reward pool is: (1.414 / 595) * 365 = 86.74%
The expected return on capital for the BNB prize pool is: (1.414 * 4) / 595 = 0.767%
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Trading opening time: Beijing time 2024-04-17 20:00
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Calculate the interest costs incurred during the pledge process and the asset impairment caused by exchange rate fluctuations that may occur after or even before the end of the activity
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Total supply: 100,000,000 OMNI (100 million).
The initial circulation is 10.39%, 10,391,492 (about 10 million). Among them, the Binance Launchpool bonus pool accounts for 3.5% of the total, 3,500,000 (3.5 million).
Reference data sources for this article
Tutorial on how to participate in Launchpool
The data is for reference only, please refer to the actual data!
