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What is Omchain?
Omchain is a PoA blockchain that is EVM compliant and utilizes the IBFT2 consensus algorithm. It has a block interval of 2 seconds and a block gas limit of 50 million. Omchain provides the necessary infrastructure for business-level requirements.
What is Omchains native asset? (OMC)
Omchain's native gas token is called OMC, which can be bridged to ETH/BSC/AVAX networks as ERC-20/BEP-20/ARC-20 tokens.
How is OMC used?
OMC is utilized for paying transaction fees on Omchain. Omchain offers the following features:
- EVM Compatibility: Proven security, established tech stack, tools, standards, and enterprise adoption
- Scalability: Always low transaction fees and side chain integrations enable highly scalable blockchain infrastructure for enterprise-grade needs
- Security: Audited, open-source software and consensus mechanisms provide secure infrastructure
- User Experience: Immediate transaction finality allows real-life applications to be integrated with blockchain
- Developer Support: In addition to infrastructure, necessary tools required by the blockchain, such as a mobile wallet and blockchain bridge, are also provided
Interactions with Omchain are performed using OMC, similar to other gas tokens.
How many OMC are there in Circulation?
The total supply of OMC is 410M, and the tokens in circulation are continually being burned until the target of 100M total supply is reached.
Where can I buy OMC?
You can purchase OMC from exchanges such as MEXC, Bitmart, Biconomy, and other platforms where it is listed.
Are there any incentives?
Omchain offers an active staking program, which can be accessed at https://app.omchain.io.
Answers
What is Omchain?
Omchain is a PoA blockchain that uses the IBFT2 consensus algorithm and is EVM compliant. It has a block interval of 2 seconds and a block gas limit of 50 million. Omchain provides the infrastructure for business-level needs.
What is Omchains native asset? (OMC)
Omchains native gas token is called OMC and it is bridged to ETH/BSC/AVAX networks as ERC-20/BEP-20/ARC-20 tokens.
How is OMC used?
OMC is used for paying transaction fees on Omchain. Omchain offers the following features:
- EVM Compatibility: Proven security, established tech stack, tools, standards, and enterprise adoption
- Scalability: Low transaction fees and side chain integrations enable highly scalable blockchain infrastructure for enterprise-grade needs
- Security: Audited, open-source software and consensus mechanisms ensure a secure infrastructure
- User Experience: Immediate transaction finality allows real-life applications to be integrated with the blockchain
- Developer Support: In addition to infrastructure, necessary tools such as mobile wallets and blockchain bridges are provided
Interactions with Omchain are done using OMC, similar to any other gas token.
How many OMC are in circulation?
The total supply of OMC is 410M, and the tokens in circulation are constantly being burned until reaching the target of 100M total supply.
Where can I buy OMC?
You can purchase OMC from exchanges such as MEXC, Bitmart, Biconomy, and other platforms where it is listed.
Are there any incentives?
Omchain has an active staking program that can be accessed at https://app.omchain.io
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