Wallet has always been considered as the traffic entrance of the blockchain world, so the wallet track is often favored by capital.
Recently, a wallet called Omni has completed $11 million in financing. Compared with classic wallets such as Meatamask, what are the advantages, disadvantages and differences of Omni? How is the actual experience?
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Basic Information
OmniIt is a wallet that supports multi-chain, cross-chain, bank card deposit and withdrawal, built-in pledge, mining and other functions. It currently supports more than 25 public chains, focusing on ease of use, with more than 5,000 downloads on the Google Store, and 1,021 Discord members.
It announced on September 7 that it had completed an equity financing of US$11 million at a valuation of US$50 million in May this year. This round of financing was led by Spartan Group. Omni founder Serafin Lion Engel said the funding agreement included an equity deal with a token side letter in case Omni plans to release its own token. Omni was previously known as Steakwallet, and Serafin Lion Engel said it plans to support zkSync and StarkNet in the future.
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Register and Login
official websiteofficial websiteObtain the download link. After the download is complete, the open page is as shown below:
The login method supports fingerprint or password login. The follow-up registration process is the same as other wallets. If the wallet is created for the first time, the user needs to record the mnemonic. The page to complete account registration or import is as follows. We can find that Omni still has the basic functions of viewing assets, receiving, Swap, and transfer of general wallets. And it is possible to receive and view token assets of different blockchains at the same time.
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Earn
Earn is a built-in function of Omni that can help users earn token income. On the top of the wallet, we can find an Earn button, click in and we can find some token pledge options.
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deposit and withdrawal
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content column
Clicking on the browser icon in the upper left corner, the user can click on the built-in content column of Omni. Click in and you will find that there are three types of content: daily news, application recommendations, and popular science articles.
Regarding daily news, after clicking on the article, you will jump to the Substack page, which summarizes the major news that happens in the encryption world every day.
About app recommendations, its a bunch of app recommendation articles built into Omni. It recommends and introduces some mainstream applications in the encryption world, such as the ten most popular NFT tools, the ten most popular DeFi protocols, etc. Users can click the links in the articles to jump to the browser page.
Summarize
Summarize
In general, Omni is an easy-to-use wallet that aggregates multiple chains and multiple protocols. Compared with most traditional wallets, it supports legal currency deposits and has a built-in content column, which is very friendly to novice users. At the same time, it supports more than 10,000 tokens and most mainstream DeFi protocols. Its built-in Earn section also supports users to earn income very conveniently, so it is also more suitable for users with certain investment needs.
But there are still some problems with the Omni wallet. Unlike Metamask, Omni doesnt have a built-in browser. When the user clicks on the built-in news and application links, it will jump to the browser page. At this time, if the user needs to operate in the wallet, the user needs to manually switch to the wallet, which has some experience friction for the user.
On the other hand, Omni has a higher gas cost. Since the Omni wallet follows EIP-1559, although this can help users save more gas during the gas surge of the Ethereum mainnet, it will make Omni users pay more unnecessary gas during periods when the Ethereum network is not congested. Therefore, Omni is not suitable for users with high-frequency trading needs.