Binance, a leading cryptocurrency exchange, is launching support for a new layer-1 altcoin project called Omni Network (OMNI) through its Launchpool platform.
About Omni Network
OMNI aims to integrate Ethereum’s rollup ecosystem into a single network, providing low-latency communication between all Ethereum rollups. It offers a secure and globally compatible architecture, presenting Ethereum as a unified operating system for users and developers.
Staking and Trading
From April 13th to 17th, Binance users can stake BNB and FDUSD in separate pools to farm OMNI tokens. The asset will be listed on April 17th.
Binance will mark OMNI with a “seed tag,” indicating its lower liquidity and potential for higher volatility. Users must pass quizzes every 90 days to demonstrate their understanding of the risks associated with trading seed-tagged tokens.
Previous Launchpool Support
Last week, Binance Launchpool supported Saga (SAGA), a layer-1 project that enables developers to create interoperable chains.
