Binance 52nd Launchpool Project: Omni Network (OMNI):
Binance is thrilled to introduce the 52nd project on Binance Launchpool: Omni Network (OMNI), a layer 1 blockchain aiming to consolidate Ethereum's rollup ecosystem into one system. The webpage for OMNI will be live in approximately 5 hours, just before the Launchpool begins. During the four-day farming period starting from April 13th, users can stake their BNB and FDUSD in separate pools to earn OMNI tokens. OMNI will be listed on Binance on April 17th at 12:00 (UTC). Trading pairs including OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD, and OMNI/TRY will be available. Additionally, the Seed Tag will be applied to OMNI.
------ Binance 52nd Launchpool Project OMNI----- What is Omni Network? Omni is Ethereum’s integrated rollup layer that allows developers to build unified applications across all Ethereum scaling solutions. It is powered by a novel blockchain architecture that supports sub-second finality with security derived from Ethereum through restaking. Project Mission & Value Proposition? Project mission Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications. Value Proposition Ethereum’s rollup-centric architecture has forced the network to scale via isolated execution environments. This has fragmented liquidity, users, and developers and degraded Ethereum’s network effects. Using Omni, developers can program across multiple Ethereum rollups as if they were working in a single state machine. Applications built with the Omni EVM can exist across all Ethereum rollups by default, allowing developers to integrate all of Ethereum’s liquidity and users into their applications. OMNI Launchpool Details:
Token Name: Omni Network (OMNI)
Max 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
Staking Terms: KYC required
Hourly Hard Cap per User: 3,098.95 OMNI in BNB pool 546.87 OMNI in FDUSD pool
Supported Pools: Stake BNB 2,975,000 OMNI in rewards (85%)
Stake FDUSD 525,000 OMNI in rewards (15%)
Farming Period: 2024-04-13 00:00 (UTC) to 2024-04-16 23:59 (UTC).
Project Links
Omni Network Website https://omni.network/
Whitepaper https://docs.omni.network/
X https://x.com/OmniFDN?t=gx517HeuRRK9zB7aBSB6gw&s=0