OMNIA Protocol is a decentralized infrastructure that gives you secure and private access to blockchain networks. It eliminates single points of failure and protects your privacy when interacting with blockchains like Ethereum, BNB Smart Chain, and Solana. You can also earn rewards by hosting nodes on the network.
With OMNIA, you can generate secure endpoints for blockchain access and protect your transactions from being exposed to public networks. The protocol uses advanced privacy features like mixnets, which anonymize your traffic. Node operators on OMNIA stake OMNIA tokens to join the network and earn rewards based on their performance.
This decentralized approach makes blockchain access safer and more private for users and dApps.
OMNIA Protocol is a decentralized infrastructure that provides secure and private access to blockchain networks. It works by allowing anyone to run blockchain nodes or privacy relayers, which help process transactions and protect user privacy. As a user, you can register your node through OMNIA's web interface and stake OMNIA tokens to join the network.
OMNIA allows users to generate secure endpoints for accessing blockchains and earn rewards by running nodes or privacy relayers. The protocol ensures privacy by using advanced technologies like mixnets, which obfuscate traffic and protect user data.
OMNIA uses advanced privacy tools, like mixnets, to obfuscate your traffic and prevent tracking. The protocol also rewards node operators and relayers based on their performance, incentivizing them to maintain high-quality service. If a node or relayer underperforms, its rewards are reduced.
The goal is to decentralize blockchain access and ensure privacy by preventing single points of failure.
OMNIA Protocol was founded by Cristian Lupascu (CEO) and Alexandru Lupascu (CTO) in 2021. Both brothers have backgrounds in cybersecurity, cryptography, and blockchain technology. Their goal was to create a decentralized infrastructure to provide secure, private blockchain access and eliminate single points of failure in the blockchain ecosystem.
In terms of its roadmap, OMNIA launched in 2021, and the team plans to roll out various features through 2025. These include support for multiple blockchains, enhanced privacy tools, staking, and the release of the OMNIA token. By 2024, they plan to introduce more performance upgrades, such as request batching and decentralized verification protocols.
The OMNIA token serves multiple purposes within the OMNIA Protocol. You use it for staking, accessing services, and earning rewards. Node providers and privacy relayers must stake OMNIA tokens to join the network, ensuring that they meet performance metrics. If they fail to do so, their rewards decrease.
You can also use OMNIA tokens to pay for subscriptions to OMNIA's services, which include secure blockchain access through customized endpoints. Token holders get fee reductions, ranging from 10% to 25%, depending on the amount they hold. Additionally, a portion of the subscription fees is burned, making OMNIA a deflationary token. You can also provide liquidity and earn rewards by contributing OMNIA tokens to decentralized exchange (DEX) pools.
Additionally, you can trade OMNIA Protocol tokens against other listed cryptos on the KuCoin spot market. After you DYOR, you can buy, sell, or HODL $OMNIA based on your investment goals and risk tolerance.
The OMNIA token is an ERC-20 and BEP-20 asset, with a total supply of 100 million tokens. Here's a breakdown of how the 100 million total supply is allocated:
> Seed Round: 14% (24 months vesting, with a 1-month cliff)
> Private Rounds (1 & 2): 4.3% and 6.28%, respectively (20 months vesting)
> Strategic Round: 4% (5% unlocked at TGE, 3-month cliff, 12 months vesting)
> Public Round: 2% (15% unlocked at TGE, 8 months vesting)
> Team: 13% (12-month cliff, 24 months vesting)
> Advisors: 6% (12-month cliff, 15 months vesting)
> Liquidity: 18% (15% unlocked at TGE, 12 months vesting)
> Marketing: 4% (30 months vesting)
> Nodes & Ecosystem: 25% (59 months vesting)
> Treasury: 2.42% (24 months vesting)
Period | Change | Change (%) |
---|---|---|
Today | $-0.0182 | -9.05% |
7 Days | $-0.1421 | -44.37% |
30 Days | $-0.3811 | -68.15% |
3 Months | $0.028 | 18.67% |
Investing in OMNIA Protocol offers several advantages:
1. Staking Rewards: You can stake OMNIA tokens to support the network and earn rewards. The staking pool gets 70% of the protocol’s revenue, which ensures yield for node stakers. The longer you stake, and the better the performance of the node, the higher your potential rewards.
2. Security and Privacy: OMNIA focuses on providing secure, private access to blockchain networks, protecting your transactions from being tracked or exploited. This is a key advantage, especially for DeFi users who want to avoid front-running and other malicious actions.
3. Fee Reductions: Holding OMNIA tokens gives you access to fee discounts on the platform. These discounts range from 10% to 25% depending on the number of tokens you hold, making it cheaper to use OMNIA’s services.
4. Exclusive Features: As a token holder, you get access to exclusive features and early access to new functionalities within the platform. This gives you an advantage over non-holders and ensures early participation in new developments.
These factors, combined with OMNIA’s growth and focus on privacy and security, make it a potentially interesting option for investors looking to participate in the decentralized infrastructure space.
Several factors influence the price of OMNIA Protocol's token:
1. Market Demand: Higher demand for OMNIA’s decentralized infrastructure and RPC services can drive token value, supporting the OMNIA to USD price.
2. Staking Rewards: As more users stake OMNIA tokens to earn rewards, demand for the token increases, potentially raising the OMNIA Protocol price.
3. Deflationary Mechanism: OMNIA burns a portion of the tokens from service fees, reducing supply and positively impacting the $OMNIA price.
4. Network Growth: Expanding support for more blockchains and increasing users can enhance token utility and OMNIA token price.
To stake OMNIA tokens on the OMNIA Protocol, follow these steps:
1. Connect Your Wallet: Start by connecting your crypto wallet to the OMNIA Dashboard through their official portal. This step ensures you can interact with the staking system securely.
2. Deploy or Register a Node: You have two options:
> Deploy a Node: If you're not technically inclined, you can choose to deploy a node using a cloud provider directly through the dashboard. OMNIA automates the setup.
> Register a Node: If you prefer to run your own node, you can register it by providing the node’s URL and performance metrics.
3. Select the Node Parameters: Choose the node size, cloud provider, and availability metrics. The higher the performance (measured in requests per second, or RPS), the higher your staking rewards.
4. Stake OMNIA Tokens: Once your node is deployed or registered, stake a specified amount of OMNIA tokens to secure the node. The amount you stake determines the economic security of the protocol and directly impacts your potential rewards.
5. Earn Rewards: OMNIA distributes staking rewards based on your node’s performance. Higher availability and RPS will lead to better rewards. Additionally, staked tokens are subject to slashing if your node does not meet the agreed performance metrics.
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