Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security
Summary
Ether.Fi will delegate $600 million worth of ether to secure the Omni Network through a pooled security model on EigenLayer. This commitment comes after completing a $23 million Series A fundraising round. Liquid restaking on EigenLayer offers additional rewards and has seen significant growth, with Ether.Fi introducing a campaign called the "final countdown" linked to a governance token airdrop. EigenLayer's founder, Sreeram Kannan, expressed excitement about Omni's launch as an Actively Validated Service on EigenLayer for fast interoperability with high cryptoeconomic integrity.
