The OMNI token plays multiple roles in the Omni Network.
First, it serves as a universal gas resource, used to pay relayers when they submit transactions to the target Rollup. Second, as the native currency that Omni EVM relies on for transaction processing, OMNI plays an important role within the network.
In addition, OMNI is also tasked with network governance, where stakeholders discuss decisions on protocol upgrades and other developer features.
Finally, in the area of staking, the Omni protocol implements a dual staking model to ensure economic security. In this model, security is closely related to the total value of staking OMNI and re-staking ETH.
Overall, the total amount of OMNI tokens is 100 million, and the initial circulation is 10%, or 10 million. Based on An An's past launches on Launchpool, the market value of the launch is approximately between 300 and 500 million US dollars.
Therefore, referring to this situation, you may have guessed the possible price range of OMNI tokens.
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