Omni Rebrands to Nomina with Token Migration
Omni is now Nomina ($NOM), featuring a new brand identity and a 1:75 token migration. Staking paused during the transition.
- Omni has rebranded to Nomina ($NOM) with a new identity.
- Token migration ratio is $OMNI → $NOM at 1:75.
- Staking is paused until after the migration.
The Omni Foundation has officially rebranded itself as Nomina, bringing along a completely fresh look. The new brand identity includes a new name ($NOM), logo, and overall visual style. This marks a major milestone in the project’s evolution as it aims to align better with its long-term goals.
This rebrand also introduces a new utility token — $NOM, replacing the old $OMNI token. Existing token holders will need to undergo a token migration, where each $OMNI will be converted into 75 $NOM tokens.
Details of the Token Migration
The rebranding comes with a token migration process that requires holders to swap their old tokens. Here’s a quick overview of the migration:
- Migration Ratio: 1 $OMNI → 75 $NOM
- Circulating Supply: 2.9 billion $NOM
- Total Supply: 7.5 billion $NOM
This migration not only increases the number of tokens in circulation but also opens the door to greater utility, broader distribution, and potentially enhanced market dynamics.
What Holders Need to Know
One key update during this transition is that staking will be paused until the migration is completed. This means holders won’t be able to earn staking rewards for a short period. However, staking is expected to resume after the successful migration, likely with new terms and incentives.
If you currently hold $OMNI tokens, it’s important to stay updated on the migration timeline and instructions to ensure you don’t miss out on swapping your assets.
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