Many DeFi, DEX, and TradFi platforms rely on centralized node providers despite claiming to be fully decentralized. This setup raises privacy and security concerns, as centralized entities can access and misuse users’ metadata for profit. To counter this, running a local node is a more secure alternative but is often challenging due to the technical expertise, time, and maintenance required. But decentralized protocols like OMNIA, that mechanism to create own nodes, aim to offer secure, user-friendly alternatives that reduce reliance on centralized infrastructure while enhancing data privacy and network security.

What is the OMNIA Protocol?

Omnia Protocol offers decentralized blockchain infrastructure for DeFi traders, privacy, compliance, and security. Their protocol uses decentralized nodes, supporting 70+ networks with 100% uptime. It specializes in real-time compliance, frontrunning protection, and data privacy. Features include customizable Remote Procedure Call (RPC) nodes, support for various blockchains, and staking options with attractive APYs. It is committed to delivering uncompromised end-to-end privacy and seamless access between wallets or Dapps and nodes without a single point of failure. Currently, OMNIA supports over 15 wallets, including MetaMask, Coinbase, Block Wallet, and WalletConnect. It also allows anyone to earn rewards by hosting and maintaining a node on a specific blockchain.

OMNIA Protocol Background

OMNIA was founded in 2021 in Estonia by Christina and Alexandru Lupascu. Between 2021 and 2024, it raised over $6.63 million through strategic funding rounds. Its latest funding round, held from October 13 to 15, 2024, raised an additional $15,000. Interest in the project came from many investment funds, starting with DAO Maker as the lead investor, LD Capital, Evanghelion, ReBlock, Raptor Capital, Halvings Capital, LVT Capital, and New Tribe Capital.

OMNIA investors also include Plutus VC, Flow Investments, Avstar Capital, AlfaCatalyst, AZer Capital, QuickShock, CSP DAO, Kondr VC, Keys Capital, Vespartine Capital, Zephyrus Capital, Fish DAO, DCT Capital, AB Ventures, Grizzly Capital, CA Capital, Vision Capital, 32 Ventures, Stacker VC, Nodeseeds, and Safelaunch, among many others.

OMNIA Protocol Features

The OMNIA Protocol offers a decentralized infrastructure focused on reliability and security for DeFi transactions. Key features include reinforced transaction broadcasts, MEV and front-running protection, honeypot, and token approval safeguards.

High Reliability and Performance

OMNIA offers a highly reliable and scalable RPC API, providing DeFi applications with low-latency, decentralized infrastructure backed by advanced caching and constant monitoring. Its Service Level Agreement (SLA) guarantees 99.9% uptime, with tools like HealthCheck Monitors ensuring optimized performance and security in real-time trading environments.

Multiple Wallet Integration

OMNIA’s platform integrates multiple wallets on its app dashboard, enhancing user flexibility and security. OMNIA gives full flexibility for users to choose from a vast number of wallets that suit their needs. Users can even switch wallets for different transactions. Its supported wallets include:

MEV Cashback

MEV (Maximum Extractable Value) protects Dex from bots and provides real users with as much profit as possible. MEV is a measure of the profit miners, validators, or bots usually make through their ability to arbitrarily include, exclude, or reorder transactions within the blocks they produce. This manipulation includes front-running, back-running, or sandwiching trades, which is particularly problematic in DeFi.

Frontrunning Protection

OMNIA blocks Dex transactions from the public mempool so that sandwich bots cannot gain an unfair advantage over other traders of price movement. In traditional finance, this action was considered illegal, but due to blockchain transparency, this action has become a multi-billion-dollar malpractice in the crypto market. This problem can be solved by encrypted transactions, randomizing transaction ordering, and using private mempools to hide trades from arbitrage bots until they are confirmed.

Reinforced Transactions

As an RPC, OMNIA is fully committed to completing the transaction as an intermediary between users and blockchain. OMNIA ensures that transactions do not show errors by reinforcing to get complete even after the transaction has a low gas and is dropped by nodes or is not seen as an MEV opportunity and does not receive a bid. This is one of OMNIA’s guarantees and differentiators.

Honeypot Protection

OMNIA honeypot protection detects and protects users from scam tokens. This includes smart contract audits, transaction monitoring, and user warnings. When users try to interact with smart contracts, OMNIA automatically analyzes the smart contract code to check the deposit and withdrawal functions of the contract. The function also monitors transactions on the network to identify suspicious activity. If the function detects any honeypot, the endpoint will return with an empty body, and OMNIA will drop the transaction.

Atomic Transactions

Atomic transactions are like bots that can execute multiple Ethereum transactions simultaneously. This can be done by submitting the transactions within a specific time window to the OMNIA RPC endpoint. When the specified time is closed, all transactions in the bundle succeed, or none do. This feature is helpful for transactions requiring multiple steps to protect all successful transactions or noting.

OMNIA Nodes

The node helps maintain protocol security; it stores, shares, and validates transactions and data, helping to maintain the network’s decentralized nature. Users can either onboard their own node or deploy one through OMNIA’s dashboard. Unlike centralized providers, OMNIA nodes enhance decentralization and resilience, providing a secure and reliable solution.

To deploy a node on OMNIA, users need to:

1. Connect Wallet: Link your wallet to the OMNIA dashboard.
2. Register Node: Initiate the setup by registering a new node.
3. Select Blockchain: Choose which blockchain network your node will support.
4. Deploy Node: Begin the deployment process.
5. Customize: Name your node, select a region, pick a cloud provider, and configure size and availability options.

OMNIA Staking

OMNIA has two different portals for staking on ETH and BSC chains, which can be found on the OMNIA app dashboard. Users can stake their OMNIA token after creating endpoints. The APY will depend on deployed node size (RPS), ranging between 5.36% and 15.33%. Users also get APY boots if staking addresses holding NFTs depend on rarity.

OMNIA Tap Game

OMNIA Tap Game is a competitive play-to-earn mini-game on Telegram. Users strengthen a robot’s powers to protect it from multiple DeFi threats like scams, honeypots, and front-running bots. Every tap earns a point that can be used in an OMNIA airdrop, which means the higher the point, the greater the airdrop. Players can earn $OMNIA rewards as they progress. Tapping boosts accelerate robot upgrades while completing social tasks (such as engaging in OMNIA’s community) and inviting friends through a referral program, which offers additional points.

What is the OMNIA Token?

The OMNIA Token is the native utility token of the OMNIA protocol. It powers various features within OMNIA’s ecosystem, such as incentivizing network participation, supporting staking mechanisms and enabling access to premium services. Users can buy an OMNIA subscription based on quota as part of premium features using this token. The token holder will receive first-access functionality. For example, token holders may be able to generate and use many more endpoints, specific features, etc. To earn rewards, users can become node providers by staking their tokens to some specific performance metrics. Beside the node provider, users can also provide a liquidity pool on Dex, and for solving liquidity problems, users will receive a fee percentage. The OMNIA token can maintain its value within its ecosystem through value accrual mechanisms such as staking, payment, node, and fee reduction.

OMNIA Token Economy Explained

OMNIA Roadmap’s

Conclusion

Decentralized is the backbone of blockchain that should not be centralized or managed. When decentralized systems become centralized, they introduce potential points of failure, weaken data privacy, and risk the misuse of user information.