Spot & Margin Trading

Omni Network (OMNI)

Published on 2024-07-20 20:47

1. Project Introduction

Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system. Using Omni, developers can build natively global applications that access all of Ethereum’s liquidity and users by default.
OMNI is the native token for the Omni Network and serves the following roles in the protocol:
Universal Gas Resource: OMNI is used as the payment mechanism to compensate relayers submitting transactions to destination rollups.
Gas for Omni EVM: OMNI is the native currency for processing transactions on the Omni EVM.
Network Governance: OMNI stakeholders will be responsible for various governance decisions such as protocol upgrades and additional developer features.
Staking: The Omni protocol implements a dual staking model for economic security. Security is a function of the combined value of staked OMNI and restaked ETH.
The protocol consists of the following primary components:
External rollups: The source and destination networks for cross-rollup messages.
Omni validator nodes: A permissionless network of nodes that use CometBFT consensus to validate cross-rollup messages and transactions on the Omni EVM. These nodes are secured using the combined value of staked OMNI and restaked ETH.
The Omni blockchain: The single source of truth for all cross-rollup messages and Omni EVM transactions processed by Omni validators.
Relayers: Permissionless entities that submit finalized cross-rollup messages from the Omni network to destination rollup networks.
The project has raised 18.1MM USD from two rounds of private token sales, where 9.1% of the OMNI total token supply has been sold at 0.18 USD/OMNI (Seed Round), and 11% of the OMNI total token supply has been sold at 1.50 USD/OMNI (Series A), for the total of 20.1% of the OMNI total token supply sold in the private rounds.

2. Coin Info