Binance Launchpool Introduces Omni Network (OMNI) Tokens

Binance
Launchpool
brings
Omni
Network
(OMNI)
Tokens

Binance
has
announced
the
introduction
of
Omni
Network
(OMNI)
tokens
on
its
Launchpool
platform.
This
marks
the
52nd
project
that
Binance
Launchpool
has
introduced.
Omni
Network
is
a
layer
1





blockchain
designed
to
unify
Ethereum’s
rollup
ecosystem
into
a
singular
system.

Users
can
stake
their
BNB
and
FDUSD
into
different
pools
to
farm
OMNI
tokens
over
a
period
of
four
days.
The
farming
process
will
begin
from
2024-04-13
00:00
(UTC).
Binance
will
subsequently
list
OMNI
at
2024-04-17
12:00
(UTC)
and
open
trading
pairs
OMNI/BTC,
OMNI/USDT,
OMNI/BNB,
OMNI/FDUSD,
and
OMNI/TRY.

Details
About
OMNI
Launchpool

The
maximum
token
supply
of
OMNI
is
100,000,000.
The
Launchpool
token
rewards
are
set
at
3,500,000
OMNI,
which
is
3.5%
of
the
max
token
supply.
The
initial
circulating
supply
is
10,391,492
OMNI,
which
is
10.39%
of
the
max
token
supply.
Staking
terms
require
KYC
approval
and
the
hourly
hard
cap
per
user
is
3,098.95
OMNI
in
BNB
pool
and
546.87
OMNI
in
FDUSD
pool.

Stake
BNB
and
FDUSD
Pools

Users
can
stake
BNB,
with
an
estimated
reward
of
2,975,000
OMNI
(85%),
and
FDUSD,
with
an
estimated
reward
of
525,000
OMNI
(15%).
The
farming
period
will
last
from
2024-04-13
00:00
(UTC)
to
2024-04-16
23:59
(UTC).

There
are
certain
conditions
that
users
need
to
meet
to
participate
in
the
farming
of
OMNI.
Users
need
to
complete
their
account
verification
and
be
from
an
eligible
jurisdiction.
A
list
of
excluded
countries
has
been
provided
and
is
subject
to
changes
due
to
evolving
local
rules
and
regulations.

Users
are
also
advised
to
do
their
own
research
before
investing
in
any
token
to
ensure
the
safety
of
their
funds.
Binance
is
the
first
and
only
platform
to
list
OMNI
tokens
at
this
time,
with
all
claims
to
offer
this
token
for
sale
before
the
given
timeline
considered
false
advertising.

Image
source:
Shutterstock

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