what's Omni Network?

Omni Network is an interoperability layer designed to unify Ethereum's Layer 2 ecosystem, enabling seamless communication and liquidity flow between disparate rollups without fragmentation. It acts as a coordination network that abstracts away the complexities of cross-chain interactions, allowing developers to build applications that operate across multiple L2s as if they were a single chain. At its core, Omni employs a hub-and-spoke model where the Omni hub processes and routes messages between L2 spokes. This includes support for asset transfers, data availability, and execution across chains, powered by optimistic verification and fraud proofs for security. Omni Flux, a key protocol within the ecosystem, facilitates global liquidity transport, enabling efficient swapping and bridging on chains like Optimism and Arbitrum through mechanisms such as concentrated liquidity market makers (CLMM) and liquidity book market makers (LBMM). The network also incorporates governance via veTOKEN models, where users can lock tokens for voting power and enhanced yields. This fosters a decentralized economy for L2 liquidity providers and builders, with recent upgrades like Omni Flux V4 expanding to multiple chains and integrating advanced DeFi primitives for gasless execution and hybrid order books.

Omni Network allocated 50% of tokens to community (20-25% at TGE) and runs ongoing points programs.