2024.4.14
Background of the project
Omni Network (Omni) is a Layer 1 protocol that aims to integrate Ethereum's aggregated ecosystem into a unified system. Developers can use Omni to build local global applications and access all Ethereum's liquidity and users.
Why is it worth it?
The total supply of $Omni is 100,000,000 (one hundred million), and the initial coin offering is approximately 10.39% of the total supply (10,391,492). Binance Launchpool has allocated a total of 3.5% (3,500,000).
Omni achieves this vision of a fully aggregated Ethereum ecosystem by introducing a novel network architecture tailored for low-latency cross-aggregation communications and global compatibility with Ethereum's entire aggregated ecosystem. Based on the cryptoeconomic security of re-staked ETH, Omni leverages Ethereum's industry-leading cryptoeconomic security budget to make Ethereum a single, unified operating system for decentralized applications worldwide.
The main highlights are as follows:
Dual Staking Model — Omni is a Proof-of-Stake network secured by the total value of re-staked ETH and staked OMNI.
Sub-second Validation - Omni nodes process cross-summary messages and Omni EVM transactions in under a second using CometBFT consensus. Using alternative finalization mechanisms like pre-confirmations and transaction insurance, Omni can provide sub-second finality for cross-summary messages.
Diverse rollup support - Omni is designed with minimal integration requirements to ensure compatibility with any rollup virtual machine, programming language, and data availability architecture.
Backward Compatibility - Applications can integrate Omni without modifying existing smart contracts. Instead, applications can send cross-aggregate messages through Omni using modified front-end instructions.
The $Omni token is the core of the Omni protocol and performs a variety of key functions, including paying GAS, staking and rewards, and participating in governance.
Paying Gas: The native currency used by users to process transactions on the Omni EVM.
Staking: The Omni protocol implements a dual staking model to ensure economic security. Security is a function of the total value of staked OMNI and re-staked ETH.
Governance: OMNI stakeholders will be responsible for various governance decisions, such as protocol upgrades and other developer features.
According to E-E's calculations, the annualized yield of SAGA and ENA staking BNB in the last two periods is around 170%-180%~
In the previous SAGA tutorial, the opening price was 5.3U, the total market value was about 5.3 billion, and the circulating market value was about 530 million. Therefore, in this calculation, E-E also uses similar data for estimation.
This time, based on the estimated OMNI opening price of 50u, the yield of staking bnb is about 115%. According to the opening price of 100U, the yield is about 230%. Data is for reference only
If you have idle BTC or ETH, you can also go to https://venus.io/ to borrow BNB to participate. Generally, the BNB loan interest rate during the Launchpad period is around 80%.
Operation Tutorial
⭐️An An registration link: https://www.suitechsui.io/zh-CN/join?ref=RB1GCG3B
, invitation code: RB1GCG3B
Browser Operation
If you already have an account, just click to log in. After logging in, find Launchpad and coin mining in the upper left corner. Click to enter.
Friends can choose the currency they want to stake for mining. FDUSD is a stable currency, BNB is the Binance platform currency, and is also the golden shovel for Launchpool mining. You can buy it directly on the pledge page, or go to Venus to pledge U, BTC, ETH, etc. to borrow BNB for pledge mining.
Mobile APP operation
Find the new coin launch page on the homepage, click OMNI (new coin mining) to enter the Launchpad page, then select FDUSD or BNB and click Stake again to enter the Stake page to stake~
OMNI staking mining will end at 8:00 (UTC+8) on April 16, and Omni trading will be launched at 22:00 (UTC+8) on the same evening~ Don’t miss it!
I recommend you to mine your idle BNB and FDUSD. In these turbulent days, you should manage your finances honestly. With such high returns, who doesn’t like to get some for free? Let’s go!
