On September 5th, Omni Labs announced that it is rebranding as Nomina and introducing a new brand identity and visual system. The goal of this rebranding is to simplify the cryptocurrency experience and make DeFi more user-friendly for a wider audience. The original $OMNI token will migrate to the new token $NOM at a ratio of 1:75. The circulating supply of the new token is 29 billion, with a total supply of 75 billion. The Omni team is currently developing the migration application, and existing holders do not need to take any action at this time. The staking feature for $NOM will not be available at launch, and staking for $OMNI will be paused after the release of $NOM.
