Web3 Super App Omni goes live ahead of Ethereum Merge, supports over 27 blockchain protocols
Omni, the next-generation Web 3 super app, launched today, September 7, 2022, ahead of the Ethereum merger to provide users with the most powerful platform to access the entire Web 3. Omni is a full-service, self-sufficient cryptocurrency wallet production it seamlessly stakes a variety of tokens, manages assets across chains, and collects and displays NFTs. The next-generation cryptocurrency wallet is currently available on mobile for iOS and Android, making it incredibly easy for Web3 users to manage their cryptocurrency portfolios directly from their mobile device.
Omni could not have launched its rebrand at a better time. Ahead of the Ethereum merger, users are increasingly curious about crypto-stakes, and it provides a relatively low-risk way to earn an APY on their crypto holdings. Also, centralized exchanges such as Celsius and Voyager have faced insolvency, limiting the withdrawal of assets on these platforms. With this in mind, users are flocking to self-custody solutions to manage their digital assets, and Omni offers a full-suite solution for just that.
A common issue Web3 users face is account management, as many cryptocurrency wallets are chain-specific, meaning users have separate wallets for Bitcoin, Ethereum, and other blockchains. Omni supports over 27 chains, with top layer 1 and layer 2 networks supported. With the use of Ethereum layer 2s increasing even through the bear market, users can easily bridge assets and manage funds on layer 2 using Omni. Investors priced out of Ethereum’s blockchain often need a cryptocurrency wallet that supports Layer 2, as these networks allow users to interact with DeFi and NFTs without high transaction fees.
Users new to cryptocurrency can benefit from using Omni, as its features go beyond digital asset management. The news feed allows users to stay up-to-date with the latest market trends and industry events, and the explorer feature exposes users to a variety of extremely useful DeFi and NFT protocols. Also, the process of crypto staking on Omni is much easier than using traditional software wallets like Metamask.
Omni has revolutionized the stake landscape through its characteristic three-pin stake mechanism. Instead of switching between networks, accessing separate dApps and bridging cryptocurrencies to different networks, users can bet crypto with 3 taps from their phone. Omni’s native input list includes support for MATIC, SOL, AVAX, SUSHI, AKT, NEAR, ATOM, BNB and CELO. Also, the wallet supports liquid staking, meaning you can keep your assets liquid while earning interest on your tokens – this opens the floodgates for cryptocurrency yield farming via Omni.
Omni’s founder commented on how Omni is uniquely positioned with its 3-pin staking mechanism, called Omni SDP:
“Omni’s proprietary Smart Delegation Protocol (SDP) powers our stake technology, which acts as a custom smart contract middleware directly on the supported protocol SDKs,” said founder and CEO Serafin Lion Engel.
He continued, “SDP aggregates transactions, thereby providing the same three-step flow across all return-bearing integrations (whether these are native or liquid stake-based integrations, vault products or lending markets), regardless of the underlying complexity. Omni SDP consists of purpose-built modules for each type of integration that launches, from handling the rebasing of stake accounts in authority-based systems like Solana, or moving tokens between distinct blockchains for Avalanche and Binance Smart Chain. Our underlying infrastructure ensures that stake steps are tracked in real-time and alerts users when further action is required. After more than one years in the making, Omni SDP spans more than 27 protocols, providing CeFi-like UX, while being fully self-sufficient and offering the fastest deployment experience.”
By giving users the ability to bridge and exchange across all major blockchains directly in their wallet and having the widest NFT support of any wallet, Omni really sets the bar as the most advanced wallet in Web 3. “We wanted Omni to to be more than a wallet, we wanted it to be the one app that could do everything you want to do in Web 3. And we wanted to achieve this by being completely self-managed, which of course is the hard part. We wanted to show people that you could build something that had the same convenience as CeFi, but was completely DeFi,” Engel said. “It took us a long time to build, but we couldn’t be more excited to get it into people’s hands right before Ethereum Merge.”
Consult
