Omni Rebrands to Nomina: A New Era of Accessibility and Token Migration Details 🚀🔥
In a significant move to redefine its identity and expand its vision, Omni Labs has officially announced a rebranding to Nomina, introducing a new name, logo, and visual system. This transformation reflects the project’s evolution from a niche platform for early adopters to a broader, user-friendly ecosystem aimed at democratizing decentralized finance (DeFi) for everyone.
Why the Rebrand?
The rebranding stems from a strategic need to align the project’s identity with its mission of simplifying crypto and making DeFi tools more accessible. According to Nomina’s official announcement, the crypto space remains overly complex and fragmented for many users, hindering adoption. Nomina aims to dissolve these barriers by offering intuitive, human-centric experiences that empower users to take control of their financial future, regardless of their technical expertise or geographic location.
Token Migration: Key Details
As part of this rebrand, Omni has initiated a token migration process. Here’s what you need to know:
1. Token Swap Ratio
· The existing OMNI tokens will be exchanged for new NOM tokens at a 1:75 ratio. This means for every 1 OMNI token held, users will receive 75 NOM tokens.
2. Token Supply
· The circulating supply of NOM will be 2.9 billion, with a total supply of 7.5 billion. This adjustment is based on the tokenomics outlined during Omni’s initial token generation event (TGE).
3. New Contract Address
· The new token contract address for NOM is: 0x6e6F6d696e61decd6605bD4a57836c5DB6923340.
4. Staking and Migration Process
· No immediate action is required from OMNI holders or stakers.
· NOM staking will not be available at launch, and OMNI staking will be suspended upon NOM’s release.
· Staked OMNI and rewards will be automatically migrated to NOM one week after launch without user intervention.
5. No Migration Deadline
· To ensure a smooth transition, there will be no deadline for migration, allowing users to migrate at their convenience.
The Vision Behind Nomina
Nomina’s rebrand is more than a cosmetic change; it represents a philosophical shift towards inclusivity and simplicity. The name "Nomina" evokes themes of identity, trust, and personhood, reflecting the project’s focus on building a protocol that prioritizes user belonging and financial autonomy.
The project has partnered with Motto, a strategic branding agency, to develop a versatile visual identity and messaging that resonates with its community of users who value permissionless systems and seamless cross-chain experiences.
What’s Next?
Nomina’s roadmap includes further technical upgrades and ecosystem expansions aimed at enhancing chain abstraction—a technology that simplifies interactions across multiple blockchains. The success of this rebrand will depend on community adoption and the project’s ability to deliver on its promise of a unified, user-friendly DeFi experience.
Conclusion
The rebranding from Omni to Nomina marks a pivotal moment in the project’s journey. With a refreshed identity and token migration process, Nomina is poised to attract a wider audience and drive innovation in the DeFi space. Existing OMNI holders can rest assured that the migration process is designed to be seamless and hassle-free.
DYOR No Financial advice!
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