DeFi
ChainGPT Pad Launches OMNIA Protocol to Improve and Secure Web3 for DeFi Users
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The launch of the OMNIA Protocol is catalyzed by a strategic partnership with ChainGPT Pad, a launchpad, accelerator and incubator providing mentorship, community access and token launch infrastructure to promising Web3 startups.
Dover, DE, USA, May 7, 2024 — StringGPTAI-powered Web3 infrastructure providing a diverse suite of tools and services, will exclusively launch the IDO of its latest launchpad project, OMNIA protocol.
OMNIA Protocol is a specialized RPC (remote procedure call) provider that solves a wide range of challenges in DeFi related to decentralization, security, compliance and user experience. Scheduled for May 9, the OMNIA Protocol IDO leverages ChainGPT Pad and its incubation program to launch the $OMNIA token, supporting the broader blockchain ecosystem through a seamless interface combining decentralization, flows real-time pending transactions, liquidity aggregation, and more.
As the first decentralized fundraising and incubation platform for Web3 projects of all types, the StringGPT Pad was recognized as the the most popular launch pad of 2023. OMNIA plans to decentralize the node measurement process on top of EigenLayer by creating a special Actively Validated Service (AVS) to facilitate transparent governance over node performance and health checks, while leveraging billions of dollars as part of the EigenLayer TVL.
The OMNIA protocol offers several other key products intended to foster a more robust, secure and decentralized blockchain environment, including:
- Robust RPC infrastructure: Provides the foundation for blockchain interactions with additional features for security, compliance, etc.
- Incentivizing decentralized nodes: Encourages community members to manage nodes to strengthen the network and ensure its decentralized nature.
- Monetization of MEV infrastructure: Leverages MEV strategies to capture value and redistribute it to users.
- Staking Nodes: Provides staking opportunities for token holders to participate and earn rewards.
Additionally, the KYT suite effortlessly integrates with existing AML/KYC workflows and adheres to OFAC (US), UN and EU guidelines to mitigate financial crimes and financing of terrorism.
Untrusted entities associated with aggregators must stake to gain a high level of trust, thus being able to provide higher levels of traffic.
Each community node will incentivize OMNIA to join the network, with nodes committing to specific availability and timing. Token holders will also benefit from fee reductions the longer they hold OMNIA.
ChainGPT is a pioneer in the field of blockchain AI infrastructure, offering a wide range of tools and services, including a smart contract generator and listener, advanced AI trading, NFT generator, AI-powered security and SDK and API access for developers and organizations to integrate ChainGPT.
“OMNIA is one of our most promising projects, and it was a pleasure to collaborate with them to support their mission to open access to 40 blockchain networks,” says Ilan Rakhmanov, CEO and founder of ChainGPT. “OMNIA has demonstrated the ability to bridge the gap between centralized providers offering robust functionality and decentralized RPCs that tend to lack advanced capabilities through resource pooling and effortless MEV mining integration. Their IDO symbolized a unique opportunity for ChainGPT to support a project that truly lays the foundation for a better Web3 for everyone.
“Working closely with ChainGPT during the incubation period allowed us to accelerate the development of our truly innovative protocol,” says Cristian Lupascu, CEO of OMNIA Protocol. “With our talented team and the ChainGPT Pad providing us with a strategic partner and a solid foundation for success, we will make unprecedented progress in blockchain accessibility, security and democratization.”
About ChainGPT
ChainGPT is the leading provider of AI-powered infrastructure for crypto, blockchain and Web3. From a next-generation IoT launchpad and incubator to automated smart contract generation and auditing, advanced Web3 AI chatbot, AI-powered news aggregation, assistant AI training, a cross-chain exchange and an NFT generator, ChainGPT is a sophisticated end-to-end solution for Web3 AI infrastructure.
By integrating large language models (LLM) into blockchain, the company creates advanced, accessible and user-friendly tools for all users. Further solidifying its position at the forefront of technological innovation, ChainGPT has established strategic partnerships and received recognition from notable technology leaders such as Google, Nvidia, BNBChain, and Chainlink. ChainGPT aims to advance the use of AI in the blockchain space. For more information, visit the ChainGPT website.
About the OMNIA protocol
Founded in 2021, OMNIA Protocol is a specialized RPC provider designed by cybersecurity, cryptographers, and software engineers to address the unique challenges of DeFi.
It champions decentralization, aggregation and redistribution of MEV (maximum extractable value) while prioritizing security and optimization of transactions.
OMNIA’s mission is to provide a transparent blockchain interface that combines decentralization with advanced features such as real-time pending transaction feeds and robust broadcasting. By strategically leveraging MEV, OMNIA allows DeFi traders, wallets, dApps and DEXs to directly benefit from the profit generated by their transactions.
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