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Omni is Ethereum’s integrated rollup layer that allows developers to build unified applications across all Ethereum scaling solutions. It is powered by a novel blockchain architecture that supports sub-second finality with security derived from Ethereum through restaking. Omni’s mission is to return Ethereum to its role as a single, unified operating system for decentralized applications.
Read about Omni Network (OMNI) in the research report at Binance.
- Token name: Omni Network (OMNI).
- Maximum token supply: 100,000,000 OMNI.
- Reward on Launchpool: 3,500,000 OMNI (3.5% of the maximum token supply).
- Initial circulating supply: 10,391,492 OMNI (10.39% of the maximum supply).
- Smart contract information: Ethereum.
- Staking requirements: KYC required.
Project website | Whitepaper | Discord | Twitter | Telegram | CoinMarketCap | Detailed conditions
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How to participate
Here is a step-by-step guide to participating in Binance Launchpool projects.
Terms
Use BNB and FDUSD for staking in separate pools and earn OMNI tokens over four days starting from April 13, 2024, 03:00 (MSK).
Supported Pools
BNB Staking: 2,975,000 OMNI as rewards (85%).
FDUSD Staking: 525,000 OMNI as rewards (15%).
Then, on April 17, 2024, at 15:00 (MSK), Binance will list OMNI and open trading with trading pairs OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD, and OMNI/TRY. OMNI will receive a Seed tag.
Please note:
- User and pool balance snapshots will be taken several times at any given hour to determine the average hourly balances of users and to calculate user rewards. User rewards will be updated every hour.
- Users will be able to accumulate their rewards (calculated hourly) and request them at any time directly to their spot accounts.
- The annual percentage yield (APY) of each pool and the total pool balance will be updated in real-time.
- Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB in two different pools at the same time, but can allocate 50% of their BNB to Pool A and 50% to Pool B.
- Users will be able to withdraw their funds from staking at any time without delay and immediately participate in any other available pools.
- Tokens staked in each pool and any unclaimed rewards will automatically be transferred to each user's spot account at the end of each farming period.
- Binance BNB Vault and Locked Products will support Launchpool. Users who have placed their BNB in BNB Vault and Locked Products will automatically participate in Launchpool and receive new token rewards.
- If more than one Launchpool project is running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and distributed equally among each project unless stated otherwise.
- BNB Vault assets securing Binance Loans (flexible rate) are not eligible for Launchpool rewards.
- BNB staked in Launchpool will still provide users with standard BNB ownership benefits, such as airdrops, the right to participate in Launchpad, and VIP benefits.
Our participation
We are participating in the next launchpool on the Binance exchange. Previous stakings yielded 1-2% of the deposit amount over a short period.
Our results
Farming OMNI on the Binance exchange has concluded!
We had 10,000 FDUSD in the pool. Over four days, 1.67 OMNI coins were accrued. The listing is set for April 17, 2024, at 15:00 MSK; we will see how much they can be sold for.
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