Omni Foundation Unveils $10M Incentive Initiative for DApps Fueled by SolverNet

In Brief

The Omni Foundation has launched a remarkable $10 million incentive initiative to recognize early adopters and foster the utilization and exploration of applications driven by SolverNet, beginning with its collaboration with Symbiotic.

The organization overseeing the development and upkeep of the Omni Network Omni Foundation has introduced a fresh $10 million incentive initiative focused on rewarding early users who engage with its ecosystem. This program is part of a larger strategy to encourage the testing and adoption of applications powered by SolverNet, starting with its collaboration involving Symbiotic .

This aligns with the recent launch of the 'Hello, New World' initiative, which represents the Omni network's first integration with Symbiotic—a restaking protocol that has rapidly accumulated over $1 billion in total value locked.

Participants have the opportunity to earn rewards by engaging with Symbiotic's testnet vault for wrapped staked Ether (wstETH), which is powered by SolverNet. To participate, users need to set up their digital wallets to access the Base Sepolia test network. After this setup, they can request testnet ETH and wstETH through the Omni Base Sepolia Faucet. Once users have obtained the necessary test assets, they can visit the Symbiotic testnet interface, connect their wallets, and deposit a maximum of 1 wstETH per transaction into the specified vault. This procedure is designed to replicate genuine user involvement, helping Omni assess its system's performance while providing rewards in return.

All Users Welcome to Join the Rewards Program, Previous Activities Counted

At present, any user can take part in the rewards initiative, whether they are active on Symbiotic's testnet or awaiting the imminent launch of SolverNet on the mainnet. Users who have already made deposits via the Base network through SolverNet since its inception on April 15 will be automatically considered for the program, with consideration given to their previous activities when determining reward calculations. Further transactions are encouraged, as they can enhance a user’s potential share of the $10 million rewards pool.

1/ Omni is initiating a $10 million rewards program aimed at revolutionizing the cryptocurrency user experience with SolverNet.

It starts with @symbioticfi This is the fastest-growing restaking protocol, and it is the first to adopt SolverNet.

Our significant announcement is just one day away. In the meantime, here's how you can start earning rewards🧵 pic.twitter.com/Yi3sQPr4Td
— Omni Network (@OmniFDN) April 21, 2025

The Omni Network It's a Layer 1 blockchain designed to improve interoperability within the Ethereum ecosystem by seamlessly connecting different Ethereum rollups. It acts as a layer of abstraction that enables developers to create applications that function smoothly across multiple rollups without altering existing smart contracts.

SolverNet, which is a part of the Omni Network, addresses the challenges associated with developing cross-chain applications. It features an intent-based architecture that utilizes a competitive solver network in tandem with Omni Core for settlement. This approach enables developers to create applications on a single rollup while still connecting with users and liquidity throughout the entire Ethereum ecosystem.

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