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Binance Launchpool introduces Omni Network (OMNI) tokens.
Binance Launchpool carries Omni Network (OMNI) tokens.
Binance has announced the introduction of Omni Network (OMNI) tokens on its Launchpool platform. This marks the 52nd project introduced by Binance Launchpool. Omni Network is a tier 1 blockchain designed to unify the Ethereum rollup ecosystem into a single system.
Users can stake their BNB and FDUSD in different pools to farm OMNI tokens for a period of four days. The cultivation process will start from 2024-04-13 at 00:00 (UTC). Binance will next list OMNI on 04/17/2024 at 12:00 (UTC) and open OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD and OMNI/TRY trading pairs.
OMNI Launchpool Details
OMNI’s maximum token supply is 100,000,000. Launchpool token rewards are set at 3,500,000 OMNI, or 3.5% of the maximum token supply. The initial circulating supply is 10,391,492 OMNI, or 10.39% of the maximum token supply. Staking terms require KYC approval and the hourly hard cap per user is 3,098.95 OMNI in the BNB pool and 546.87 OMNI in the FDUSD pool.
Participate in the BNB and FDUSD pools
Users can stake BNB, with an estimated reward of 2,975,000 OMNI (85%) and FDUSD, with an estimated reward of 525,000 OMNI (15%). The agricultural period will last from 00:00 on 04-13-2024 (UTC) to 23:59 on 04-16-2024 (UTC).
There are some conditions that users must meet to participate in OMNI farming. Users must complete account verification and be from an eligible jurisdiction. A list of excluded countries has been provided, subject to change due to evolving local rules and regulations.
Users are also advised to do their own research before investing in any token to ensure the safety of their funds. Binance is the first and only platform to list OMNI tokens at this time, and any claims to offer this token for sale before the considered deadline are considered false advertising.
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