#OmniNetwork $OMNI Omni Network is a groundbreaking layer 1 blockchain designed to tackle scalability and interoperability issues within the Ethereum ecosystem. By leveraging a concept called "restaking," Omni connects all Ethereum rollups into an interconnected environment, promoting unified interactions between different blockchain ecosystems.
Key Features of Omni Network
- *Interoperability Protocol*: Omni enables communications between all Ethereum rollups, backed by the cryptoeconomic security of restaked ETH.
- *Dual Staking Mechanism*: Secured by staked OMNI and restaked ETH for enhanced security.
- *Universal Gas Marketplace*: Simplifies gas payments, allowing users to interact with any application across rollups.
OMNI Token Utility
- *Gas Resource*: Facilitates transactions on any Ethereum rollup and serves as the native gas token for the Omni EVM.
- *Governance*: Plays a role in the platform's governance alongside restaked ETH in the dual staking model.
- *Distribution*: Total supply of 100 million OMNI tokens with allocations for ecosystem development, community growth, and more ¹ ².
Benefits for Developers and Users
- *Minimal Integration Requirements*: Ensures compatibility across different rollups with minimal modifications.
- *Secure and Globally Compatible*: Offers seamless communication between Layer 2 rollups while deriving security from Ethereum mainnet.
- *Backward Compatibility*: Allows developers to integrate Omni without modifying existing contracts.
What's Next for Omni Network
The team plans to launch the mainnet after concluding the Omni Omega testnet. They also aim to onboard more liquid restaking protocols and EigenLayer operators, expanding Omni Network to include EigenDA and Celestia as alternative Data Availability systems .
$OMNI $XRP