š Omni Network (OMNI): A Bridge for Ethereum Rollups
š¹ Quick Facts:
OMNI trades around $2.76, with a market cap near $95M and daily volume ~$30M. Only ~34M tokens (34%) of the 100M max supply are circulating.
š§ What makes it unique:
Built to unify fragmented Ethereum Layerā2 rollups, making apps work across them seamlessly. Developers can build once and deploy across multiple networks.
Security by restaking ETH and staking OMNI tokens. Users can vote in governance, stake, and pay gas across rollups with OMNI.
š How it launched:
OMNI was the 52nd project on Binance Launchpool, allowing staking of BNB or FDUSD in April 2024. Trading began on April 17 with pairs like OMNI/USDT, OMNI/BNB, etc.
ā ļø Risks to be aware of:
Mainnet only recently launched. No public audits yet and token distribution details are not fully transparent.
Some community members reported fake OMNI tokens being tradedāalways verify contract addresses before purchasing.
š My take
Omni aims to bring real utilityālet developers build once and run everywhere on Ethereumās rollups. It has strong backing and real token use cases. But since itās still early (no full public mainnet, no audit), tread carefully. If youāre considering OMNI, limit exposure and stay updated on its technical milestones and official updates.