✨The importance of Layer 1 - Omni Network $OMNI
Omni Network has just been announced by Binance to launch on Binance Launchpool. This is a Layer 1 blockchain project created with the mission of connecting different blockchains.
✅Outstanding features of the project
- Omni connects users and applications across different rollups as a single network.
- Omni creates a unified Liquidity Pool, improving liquidity and minimizing price slippage by supporting Cross-rollup transactions.
- Users have a smooth and simplified experience when moving assets or performing actions across rollups, thanks to a developer-friendly interface.
✅The importance of OMNI Network
- The Omni Network project introduces a groundbreaking ETH Restaking mechanism to increase the security of the blockchain network. Restaking ETH on Omni Chain not only protects the integrity of projects in the Ethereum network, but also enhances the capital security of the Omni Network itself.
- The platform also uses a Dual Staking mechanism, combining Retake ETH and Stake OMNI, to improve security and increase the security budget.
- Omni Network provides compatibility with other projects through the Cross-chain protocol, supports the development of dApps on multi-chain networks and ensures safety with EigenLayer.
- Using Dual-Chain architecture, Omni Network improves performance and scalability while maintaining security.
- OMNI token is an important part of the system, used for purposes such as gas fees, network administration and staking.
- With support from major investors such as: Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto,... and its appearance on Binance Launchpool, Omni Network is attracting attention in the blockchain community.
✅Information that needs attention
- Binance will list $OMNI at 12:00 UTC April 17, 2024
- Total 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)
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