Binance has announced the 52nd project on Binance Launchpool OMNI Network $OMNI , a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system.
Users will be able to stake their BNB and FDUSD into separate pools to farm OMNI tokens over four days, with farming starting from 2024-04-13 00:00 (UTC).
Binance will then list OMNI at 2024-04-17 12:00 (UTC) and open trading with OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD and OMNI/TRY trading pairs. You can have more information through the official announcement webpage.
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.
Project Key Highlights
Dual Staking Model: Omni is a Proof-of-Stake network secured by the combined value of restaked ETH and staked OMNI.
Sub-Second Verification: Omni nodes use CometBFT consensus to process cross-rollup messages and Omni EVM transactions in under one second. Using alternative finality mechanisms, such as pre-confirmations and transaction insurance, Omni can provide sub-second finality for cross-rollup messages.
Diverse Rollup Support: Omni is designed with minimal integration requirements to ensure compatibility with any rollup virtual machine, programming language, and data availability architecture.
Backwards Compatibility: Applications can integrate Omni without modifying their existing smart contracts. Instead, applications can employ modified frontend instructions to send cross-rollup messages through Omni.
