Omphalos [ OMPL ] will be compatible with Polkadots, a substrate-based blockchain framework for
building cross chain Web3 applications and solve existing implementations in DeFi ecosystem.
OMPL will connect to Polkadot network for cross-chain interoperability, enabling OMPL asset and data to move between multiple blockchains.
OMPL is a community led and operated project, everyone has power to govern and vote on proposals for future development.
OMPL has an anti-inflation mechanism for maintaining a stable purchasing power of equivalent to $1 USDT.
OMPL protocol adapts an elastic supply model and automatically adjusts supply with rebasing. Price goes up, wallet balances increase; when price goes down, balances decrease.
OMPL enables self-executing smart contract and automatic distribution based on price data from decentralized CPI Oracle.
OMPL holders own a part of the network, and their percentage of ownerships will remain fixed with non-dilutive supply model.
Omphalos Lightpaper is officially released! Learn about the unique features of Omphalos protocol, plans for future development, and the DeFi ecosystem. Omphalos full whitepaper is undergoing peer review, it will be ready in the coming weeks.
Our team is working remotely across countries in Germany, Dubai, San Francisco, and Hong Kong. Each one in our team has expertise in blockchain and financial sectors.
The Omphalos [OMPL] presale will launch in November 2020 with initial availability of 15 million OMPL.
Our team comprised of industry veteran and finance specialists who had built decentralized financial products on Ethereum blockchain.
While the total supply will change constantly to maintain the price equilibrium, the initial total supply will be capped at 100 million OMPL.
Yes, they are locked in a time released contract for two years. The tokens will be vested at a rate of 10% each 60 days.
The rebase will happen only one time a day, approximately every 24 hours.
All wallets are updated with a single transaction using Scalar Contract Variables. Your wallet balance is your private supply multiplied by the global split ratio. The more or less it is split, the more or less your balance will be dynamically updated.