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Omni Network is a L1 blockchain designed to enhance Ethereum L2’s cross-rollup interoperability. It allows web3 developers to seamlessly integrate the network into their dApps and send cross-rollup messages via Omni.
The network is powered by the dual PoS mechanism, which leverages the security of the staked native $OMNI tokens and restaked ETH. While the restaked ETH is used solely in the PoS, the native $OMNI token is also used for voting on DAO proposals, paying fees, and rewarding node runners within the network.
On April 12th, 2024, the project announced the $OMNI IEO on Binance, followed by its listing on April 17th, allocating over 3.5% of the total token supply for the IEO.
CoinLaunch Score:
Last update:
Very High
12 Apr 2024
Omni Network - IEO Round Binance Overview
start date:
13 Apr
end date:
17 Apr
price:
$1.5
tokens for sale:
3,500,000
Raise:
$5,250,000
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Blockchain Infrastructure
Lock-up:
Launchpad
No lock-up
Binance Launchpad
How to join Omni Network - IEO Round Binance?
To participate in the Omni Network IEO on Binance, you need to log in or sign up on the Binance exchange and complete KYC verification if you haven’t done so before. Then, you need to acquire some FDUSD or BNB tokens, visit the $OMNI launchpool page, and stake any amount of FDUSD or BNB you want.
The total rewards for the staking pools are:
- 525,000 OMNI for FDUSD pool;
- 2,975,000 OMNI for BNB pool.
On an hourly basis, you will be receiving a decent amount of rewards in $OMNI tokens, where the size of the rewards depends on your share in the FDUSD and BNB staking pools.
❗️PRO TIP: Typically, the $BNB token experiences growth after the start of the launchpools on the exchange and a small dip after IEOs conclude. That’s why we recommend you to calculate potential rewards and risks related to buying an additional portion of BNB and staking it in the launchpool, as the rewards for staking BNB are usually higher than in FDUSD.
Good Luck!
Step-by-step Guide
Log in or sign up on Binance;
Verify your identity;
Acquire some FDUSD or BNB tokens;
Visit the Binance launchpad page;
Tap on the $OMNI IEO;
Stake those BNB or FDUSD;
Wait for the end of farming period
Receive your tokens.
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