Omni Network Rebrands as Nomina to Signal Strategic Shift

According to the company’s official statement, Omni Labs has rebranded to Nomina, unveiling token migration details and supply figures to support the project’s new direction.

Summary

Omni Labs officially announced its rebrand to Nomina, with the $OMNI token migrating to $NOM at a 1:75 ratio. The new token will feature a circulating supply of 2.9 billion and a total supply of 7.5 billion, with contract address 0x6e6F6d696e61decd6605bD4a57836c5DB6923340. At launch, $NOM staking will not be available. Existing $OMNI staking will pause once $NOM goes live, and both staked tokens and rewards will automatically migrate after one week, requiring no user action.

Terms & Concepts
  • Token Migration: The process of swapping an existing token for a new one, typically at a fixed conversion ratio, as part of a project update or rebrand.
  • Circulating Supply: The number of cryptocurrency tokens that are currently available and circulating in the market.
  • Contract Address: A unique identifier on the blockchain that represents the location of a deployed smart contract.