As August comes to a close, the OMNIA Protocol has had an exciting month.
On August 22, the project announced its inclusion in DcentraLab’s new ecosystem map, the Web3 Index.
This open data library served as a comprehensive resource, mapping the entire Web3 ecosystem to help builders and users find, evaluate, and connect with relevant companies, tools, and sources within the emerging crypto economy.
As for some latest crypto news, SKALE Network’s Europa, the Liquidity Hub of the network, has received support from OMNIA Protocol. According to the announcement, users can now generate secure Skale Europa RPC endpoints, enabling them to build and trade with enhanced security while maximising profits.
SKALE is a fast, limitlessly scalable blockchain network with zero gas fees. With over 645 million total transactions, SKALE has saved users more than $8 billion in gas fees and supports over 42 million unique active wallets across 920 validator subnodes.
Back on August 15, the project announced that Merlin Layer 2, a native Bitcoin Layer-2 solution that unlocks Bitcoin’s potential by integrating native Layer-1 assets, users, and protocols, is now supported by OMNIA Protocol.
As a result of the partnership, users can generate secure $MERL RPC endpoints to trade on Merlin with enhanced security and maximised profits.
OMNIA Protocol’s features and partnerships work together to provide top-tier security, greatly enhancing user experience. The protocol emphasizes that every trader needs a comprehensive DeFi toolkit, which includes:
- Security: Ensuring all transactions are safe from unauthorized access.
- Privacy: Protecting user data and activities from prying eyes.
- Frontrunning Protection: OMNIA combats frontrunning bots by obscuring key information these bots rely on, preventing them from exploiting transactions. This is achieved through private mempools, which create secure, private endpoints between users and miners.
- Sandwich Attack Protection: OMNIA protects users from sandwich attacks by obfuscating off-chain data, shielding them from scams, hacks, and frontrunning threats.
- Honeypot Protection: The protocol safeguards users from honeypots, which are common traps set by scammers and hackers to deceive people into buying specific ERC20 tokens, ultimately stealing their funds.
- Rewards: Offering incentives to users for their participation and loyalty.
With these robust tools, OMNIA Protocol ensures that users can trade securely and profitably in the DeFi space. Or, simply put, OMNIA has it all.
