New DAO vote now live: [Omni] Listing ZRO on Arbitrum
@LayerZero_Core is an omnichainđinteroperability protocol that provides a standard for bridging tokens across multiple chains
đłïž Vote here: https://t.co/nPa4pwzVtF
If the vote passes, the following change will be implemented within the Omni Protocol:
đ @LayerZero_Core (ZRO) will be supported for deposit in Arbitrum on Omni. Omni will be the first platform to support $ZRO as a collateral assetđ
Join the discussion on our Discord channel to discuss this topicđ
New DAO vote now live: [Omni] Listing XRP on @BNBCHAIN
đłïž Vote here: https://t.co/az5tPXsTrG
XRP on @BNBChain is obtainable by sending $XRP from Binance. BETA holders and delegates, your voting power can enact these changes if you support the proposal.
If the vote passes, the following change will be implemented within the Omni Protocol:
đ XRP ($XRP) will be supported for deposit in BNB Chain on Omni. XRP holders will be able to maximize their capital efficiency while going long XRP!
Join the discussion on our Discord channel to discuss this topicđ
Attention, $LINK holders! Omni now supports $LINK as a collateral token on Arbitrum. You can easily deposit your tokens as collateral to borrow stable assets, making your holdings more efficient and productiveđ§âđŸ
Chainlink provides decentralized services such as Price Feeds and Proof of Reserve, use $LINK on Omni todayđ«Ą
After further analysis, we believe it is in the safety of the protocol to remove $WBTC as an asset due to upcoming operational changes of its custodian @BitGo. This change will take affect on September 9, 2024, and users must withdraw their liquidity and close positions using $WBTC as collateral prior to this date.
We are making no assertions on the safety of $WBTC moving forward, and believe the BitGo team is moving forward in good faith. Regardless, the team believes it is risk prudent to remove the token due to the uncertainties of the operational structure and the magnitude of the current asset.
In the future, if the new operational structure of $WBTC maintains consistent transparency and stability, the protocol will re-visit listing $WBTC as an asset once more.
We appreciate the communityâs input on this matter, and want to remind the community to withdraw all $WBTC assets from the Omni protocol by September 9, 2024. For V1: Permissionless, the market will continue to exist.
đ Omni has over 17.29M BETA staked in the Safety Module! đ
Instead of keeping your BETA in your wallet, head over to stake your tokens and earn more BETA for free with a current APR of 6.29%! đ Rewards are distributed DAILY. If you missed yesterday, stake now to catch up. Here are 3 simple steps:
1ïžâŁConnect your wallet on @BNBChain 2ïžâŁStake your $BETA on the Stake page 3ïžâŁRewards automatically come in and wait for you to claim
Omni is thrilled to announce the addition of $WBTC to our lending market! Now you can deposit your $WBTC holdings to start earning interest or borrow other assets using your $WBTC on Arbitrum
As a leading lending platform with diverse asset listings, Omni will continue to list $CAKE, $BETA, $BAND, $C98, $GMT, $AI (on @BNBChain), and $PEPE, $SHIBA, $ALPHA, $MEME, $BETA, $LINK (on @Ethereum) until 11/01/2024
đ°ïžThese altcoins will remain available as collateral for borrowing stable assets.
đ The next milestone for Omni has been achieved!
We're thrilled to announce our official launch on @arbitrum! đ
Supported by our skilled engineering team, Omni, the decentralized lending platform, has successfully integrated with Arbitrum. đ
Omni's strongest strength lies in classifying risk grades for assets, which levels the lending and borrowing behaviors. By categorizing liquidity based on lenders' risk preferences, it offers a unique way to deepen liquidity not by pools but by the risk grade of the asset. đđŒ
With this strategic move, Omni brings convenient risk management and diverse lending and borrowing options to Arbitrum, providing users access to features that were previously unavailable on the network. đđ
Join us on this exciting journey as we continue to innovate and expand our ecosystem, making decentralized lending more accessible and efficient for everyone! đđ