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Omni Announces $10 Million Program to Support SolverNet

Omni Announces $10 Million Program to Support SolverNet

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by Giorgi Kostiuk

a month ago


Omni, a protocol aimed at simplifying access to the on-chain economy, has announced the launch of a $10 million program to promote the adoption of its new product SolverNet.

Launch of $10 Million Program

The program begins with incentivized deposits for Symbiotic, a rapidly growing restaking protocol with over $1 billion in Total Value Locked (TVL), making it the first application powered by SolverNet.

SolverNet Features

SolverNet eliminates the need for manual bridging and allows applications like Symbiotic to keep users within their UI. Omni provides a seamless, more intuitive approach, reducing implementation time from months to days while minimizing resources needed for scaling.

Founders' Feedback

Founders of Omni and Symbiotic shared their thoughts on the integration of SolverNet. Austin King, CEO of Omni, stated, “Users don’t want to waste time navigating complex systems or worrying about fees. They want to log in, do what they need to do in seconds.” Misha Putiatin, co-founder of Symbiotic, added, “Intents will play a major role in tying together our multichain future.”

Omni's program sets a new standard for how crypto applications should be used, offering users a simpler and more efficient alternative through SolverNet.

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