Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum's rollup ecosystem into a unified system. Using Omni, developers can build local global applications that have access to all Ethereum’s liquidity and users by default.

OMNI is the native token of Omni Network and plays the following roles in the protocol:

Universal Gas Resource: OMNI is used as a payment mechanism to compensate relayers for submitting transactions to the target aggregation.

Omni EVM Gas: OMNI is the native currency used to process transactions on Omni EVM.

Network Governance: OMNI stakeholders will be responsible for various governance decisions, such as protocol upgrades and other developer features.

Staking: The Omni protocol implements a dual-staking model to ensure economic security. Security is a function of the total value of staking OMNI and re-staking ETH.

The Agreement consists of the following main components:

External aggregation: Cross-aggregate the source and destination networks of messages.

Omni Validator Nodes: A permissionless network of nodes using CometBFT consensus to validate cross-aggregated messages and transactions on the Omni EVM. These nodes are secured using the total value of staking OMNI and re-staking ETH.

Omni Blockchain: The single source of truth for all cross-aggregated messages and Omni EVM transactions processed by Omni validators.

Relayer: An unpermissioned entity that submits the final cross-aggregation message from the Omni network to the target aggregation network.

The project has raised $18.1MM through two rounds of private token sales, with 9.1% of the total OMNI token supply sold at $0.18/OMNI (seed round) and 11% of the total OMNI token supply % sold at $0.18/OMNI (seed round). $1.50/OMNI (Series A), representing 20.1% of the total supply of OMNI tokens sold in the private placement round.