OMNI App

Omni is a noncustodial wallet that aims to increase access to Web3 technologies. The biggest obstacle in front of users accessing the future of the Internet is ease of use. That’s why Omni started. It’s an incredibly easy-to-use Web 3 application that can do it all without sacrificing even a fraction of its own sovereignty. It is something like DeFi, which offers users 100% personal surveillance, as easy as CeFi to use.

Omni has created its own proprietary smart contract middleware that allows users to stake on more than twenty protocols with built-in liquid staking options. Users can also move tokens to different blockchains via bridges and view NFTs from different blockchains in the mobile app.

omni app
Image Credits: omni.app

3 Reasons To Choose Omni App

Omni (formerly Steakwallet) is a new generation wallet that allows users to manage their assets in large chains from one place. Its features include:

  • Support more than 25 chains and pickups: Omni comes pre-configured with support for more than 25 protocols. These include EVM-compatible chains such as Ethereum, Avalanche and BNB Chain, L2s such as Polygon, Arbitrum and Starkware, and Decommissioned non-EVM chains such as Solana, NEAR and Cosmos.

 

  • A home for your multi-chain NFTs: With Omni, you can view your cross-chain NFTs in a single app and even set your favorite as your wallet background.  Omni supports NFTs on Ethereum, Polygon, Avalanche, Binance, Phantom, and Arbitrum, and has recently expanded its support to include Optimism, Solana, Phantom, and Stargaze.

 

  • Staking and Yearn access with three taps in the wallet: Users can enjoy the benefits of local and liquid staking with three in-wallet taps thanks to Omni’s partnerships with various trusted validators, as well as access to the Yearn Finance vaults for Ethereum and Phantom.

Funding

Web3 wallet Omni has raised $11 million in seed funding at a valuation of $50 million following the rebranding. It was previously called Steakwallet.

Investors in the round included Spartan Group, GSR Ventures and Eden Block, as well as OP Crypto, Shima Capital, Kosmos Ventures, Da Decalus Angels, PrimeBlock Ventures, Figment Capital, Lattice Capital and Chorus One.

Omni Wallet plans to use this financing to expand its services and integrations. Although it is currently available on all major Ethereum virtual machines and layer two scaling solutions such as Arbitrum, Optimism and Polygon, the company is preparing for integration with zksync and Starknet.

Summary

In summary, with the branding change, Omni has launched a number of new features, including bridges and swaps and hardware wallet support for all major EVM chains. These new functions will improve accessibility and security between various protocols and users. 

Omni hopes for a future where users don’t have to think about which network they are transacting on. 

References

https://www.theblock.co/

https://medium.com/walletconnect/wallet-of-the-week-omni-19d4451d649

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