Omni Network (OMNI), the 52nd project on Binance Launchpool, is a layer 1 blockchain that aims to unify Ethereum's rollup ecosystem.
Important Remarks
Omni Network (OMNI) is the 52nd Binance Launchpool project, which Binance recently launched.
Over the course of four days, users may harvest OMNI tokens by staking BNB and FDUSD into different pools.
These trading pairings will be available when Binance opens for business: OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD, and OMNI/TRY.
In a formal statement, Binance unveiled Omni Network (OMNI), its 52nd project on Binance Launchpool.
The goal of this layer 1 blockchain is to unify the rollup ecosystem on Ethereum. According to Binance, the project website is expected to become live five hours before to the Launchpool.
Staking BNB and FDUSD into different pools would allow users to farm OMNI tokens over four days, according to Binance's release. At midnight (UTC) on April 13, farming will begin.
Following this, on April 17 at 12:00 (UTC), Binance will list OMNI and start trading for the cryptocurrency with the following pairs: OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD, and OMNI/TRY.
The total number of OMNI tokens that may be issued is 100 million, with 10.39% of those tokens now in circulation.
Omni will be marked with the Seed Tag. Each token representing an innovative project is assigned the Seed Tag, which indicates that it may be more volatile and risky than other tokens on the market.
Could you tell me what OMNI comes from?
Omni is a blockchain that was specifically designed to securely link all rollups via restaking. According to the team's official website, Ethereum's fragmentation due to rollups poses the greatest existential danger to the network.
The global network effects are being weakened as Ethereum's users and money are becoming more and more divided into isolated ecosystems due to their continued adoption.
Omni claims to have a solution by merging all rollups into one compatible network. The OMNI coin powers the network, which is protected by over $1 billion in restaked ETH.
Project decentralization efforts have begun with the launch of the OMNI coin, which will fuel Ethereum's future unity, and the OMNI Genesis Airdrop was announced not long ago.
