TL;DR
- Omni has announced the launch of phase 1 of its main network, called Armageddon, the result of years of research and development.
- With Armageddon, users can actively participate in network security through restaking on EigenLayer, strengthening stability with a variety of assets.
- The platform aims to address challenges such as fragmented liquidity on Ethereum by providing an interoperability solution and a more solid and connected ecosystem.
Omni, a blockchain platform, has announced the launch of phase 1 of its mainnet, named Armageddon. This significant achievement is the result of years of research and development by a highly dedicated team of collaborators.
The launch phase of Omni Armageddon marks a fundamental advancement in the platform’s goal to provide a secure and effective interoperability solution in the Ethereum ecosystem. Thanks to the new mainnet, users worldwide will have the opportunity to actively participate in network security and operation through restaking on EigenLayer.
Omni Armageddon is live!
Phase 1 of mainnet means users can now delegate on EigenLayer to help secure Omni.
This launch is the culmination of years of work developing a secure solution for fragmentation across rollups and marks a pivotal step in Omni’s journey. pic.twitter.com/SZNltzcSGO
— Omni Network 🤖 (@OmniFDN) April 22, 2024
The restaking process on EigenLayer allows users to contribute with a variety of assets, including ETH and liquid staking tokens, thereby strengthening the security and stability of the Omni network. The platform aims to create a more solid and connected blockchain ecosystem.
Omni Armageddon: a Necessary Breakthrough for Ethereum
Omni has positioned itself as a viable solution to address usability and fragmented liquidity challenges among rollups on Ethereum. By providing a platform for the launch of globally native applications that work across all rollups, they hope to gather and enhance the user experience on the Ethereum network.
Regarding Omni’s market position, its token currently trades at $24.52 per unit. In comparison, the current price is 54.78% lower than the all-time high of $54.41, reached just over a week ago.
The platform invites the community to join the project and actively contribute to building a more solid and connected future for Ethereum. With Armageddon, each user will have the opportunity to play a key role in the evolution of blockchain and the transition to a safer and more efficient ecosystem.
