The OMC token is the native cryptocurrency of the Omchain network. It can be used to participate in the network’s staking program, as well as for transactions and other activities on the Omchain blockchain.
Omchain offers a number of benefits over other blockchain networks, including high-performance, scalability, and security. Additionally, the Omchain’s unique consensus mechanism and staking program offer unique opportunities for users to participate in and support the network.
The Omchain network uses a Proof of Authority consensus mechanism. This means that the network is secured by a set of pre-approved validators, rather than through mining.
The staking program allows users to lock up their OMC tokens in
return for a reward. The more OMC tokens a user stakes, the
higher the potential reward. The exact details of the staking
program, including the specific reward structure could be found
on the documentation page
The blockchain bridge allows OMC tokens to be transferred between the Omchain network and other EVM-compatible networks. This allows users to access a wider range of decentralized applications and services. Visit our bridge to transfer OMC between different networks.
You can get involved with the Omchain project by participating in the staking program, contributing to the development of the network, or by using the OMC token to access the network’s services and decentralized applications. Also feel free to join our forum and share your ideas and thoughts