$OMNI Token

$OMNI is an ERC-20 token launched on Ethereum L1 (deployed to 0x36e66fbbce51e4cd5bd3c62b637eb411b18949d4) with a maximum supply of 100,000,000.

3% of the supply (3,000,000 $OMNI) was distributed at Genesis as part of the Genesis Airdrop. When the Omni network is launched, $OMNI  will be able to be migrated to the Omni EVM. In the future, additional $OMNI can be created on the Omni EVM for validator rewards.

The $OMNI token serves several crucial roles within the Omni protocol. $OMNI can be used to pay for gas to process both cross-rollup transaction requests and Omni EVM transaction requests.

All $OMNI gas fees are burned from circulation. $OMNI can also be staked by or delegated to Omni validators to contribute to the network’s economic security. Staking or delegating $OMNI earns rewards and will allow users to participate in network governance when it is live. Before the mainnet launch, users can participate in the Genesis Staking program by staking their $OMNI tokens through the staking portal.