DeFi & Tokenomics
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‘Check.omniatech.io’: The Ultimate Frontrunning Checker
< 1 minute Ever wondered if your DeFi transaction was unfairly manipulated? Just as “Have I Been Pwned” alerts you to potential data breaches, OMNIA unveils ‘HaveIBeenFront.run’ to safeguard your DeFi trades. Frontrunning in DeFi isn’t merely an annoyance—it’s a rampant issue affecting hundreds daily. Sites like Eigenphi.io even maintain a leaderboard to highlight its…
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Discover the Best DeFi Staking Platform: An In-Depth Guide to Development and Selection
7 min read As decentralized finance (DeFi) continues to revolutionize the financial landscape, staking has rapidly gained traction as an attractive way for users to generate passive income on their crypto investments. A DeFi staking platform enables users to lock up their digital assets in a smart contract, subsequently earning interest or other rewards. This…
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Everything You Need to Know About the Arbitrum Token Airdrop
3 min read What is the Arbitrum Airdrop? The cryptocurrency community is buzzing with excitement about the latest Arbitrum Airdrop. The announcement of this new layer-2 token is eagerly anticipated and we wanted to share a reliable approach to claiming this token. Arbitrum is a Layer 2 scaling solution for Ethereum that uses Optimistic Rollups…
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How the White House Plans to Regulate the Crypto Industry
4 min read President Biden’s White House has taken the first step in providing a first-ever blueprint for the regulation of crypto through the publication of its ‘Comprehensive Framework for Responsible Development of Digital Assets.’ The move follows President Biden’s March 2022 executive order on ‘Ensuring Responsible Development of Digital Assets’ that outlined a wholesome approach by…
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Central Bank Digital Currencies (CBDC) — The End of Cash?
< 1 minute Crypto adoption, particularly of stablecoins, has brought to light real-life use cases of digital assets as a means of transferring value quickly and cheaply compared to the traditional financial system. Crypto holders can send Bitcoin, Ethereum, USDT, or USDC to their family and friends worldwide at a fraction of the cost and…
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Comparing Ethereum’s Layer-2 Solutions
4 min read The Ethereum network has a long history of congestion issues that have often led to high gas fees. The first and most popular incident dates back to December 2017, when Cryptokitties clogged the Ethereum network and caused it to grind to a halt. The event, although unfortunate, kick-started discussions on how to avoid…
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The Ethereum Virtual Machine (EVM): What is it and How Does it Work?
4 min read A simple machine is generally defined as a physical device that makes work easier by reducing the effort applied by its user. A computer falls under this category as it performs complex processes, calculations, and operations based on inputs provided by its user. It performs complicated tasks on their behalf. Similarly, a…
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EU Legislators Have Agreed on Two Landmark Crypto Bills. Here is What We Know So Far.
3 min read Yesterday, June 30th, was a significant day for crypto as EU legislators belonging to its three governing bodies sat down to finalize the fine details of two proposed bills that would regulate the crypto industry within the region: the Markets in Crypto Assets (MiCA) bill and the Transfer of Funds Regulation (TFR)…
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Crypto Regulations are Necessary But Might Stifle Innovation
4 min read The emergence of smart contracts spearheaded by Ethereum kicked off a new era of blockchain technology which opened the eyes of developers and innovators who sought to create a whole new future of finance on the web. Such self-executing code opened the doors to transferring traditional financial instruments and services onto the…
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What is Impermanent Loss and How Can It Be Minimized?
3 min read The rise of decentralized finance (DeFi) led to the creation of a new type of decentralized exchange, one without traditional order books. Instead, these exchanges source liquidity from pools of assets, and those who provide assets earn from every trade made on those while risking impermanent loss. Decentralized exchanges like Uniswap, PancakeSwap,…
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OMNIA Tokenomics and Token utility
3 min read Omnia Protocol leverages a robust tokenomics ecosystem based on $OMNIA token. With $OMNIA utility token, users will benefit from fee reductions, Omnia’s exclusive services, staking and incentive options, becoming liquidity providers, and referral/reward systems. This article will summarize Omnia’s tokenomics. For more details, please follow this link. $OMNIA Token Metrics Let’s take a look…
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OMNIA Protocol — Token utility
2 min read OMNIA token is a deflationary utility token that is designed to run OMNIA protocol. There are multiple use cases for the OMNIA token that fuels its utility on both community and product verticals: 👉 Staking to join the network — Node providers and privacy relayers will stake OMNIA tokens in order to join…