week 1: retro, tokenomics, roadmap and a new initiative

a historic launch

Screenshot 2023-12-30 at 9.08.12 PM

The first omnichain meme coin

In week 1, Omnicat was deployed on 7 chains, did more than $328 million dollars in trading volume, launched on 4 CEXs and gained almost 20k holders. It was one of the most exciting meme coin launches in history but we're just getting started.

Since launch, devs have continued to work around the clock to get $OMNI integrated into all of the different platforms and tools that our users use. Our biggest integration to date has been with Stargate, who worked tirelessly through the holidays to support $OMNI on their platform (thank u stargate team <3).

We'll be continuing to push integrations along. Launching on 7 different ecosystems is difficult to manage (as evidenced by the multiple teams who've failed to copy us lol). 7 chains means 7 times the work, but we're confident of our ability to execute quickly at the highest level.

tokenomics

We've had many requests for tokenomics. Here's the breakdown:

  • total supply: 45,505,187,738
  • in circulation: 43,684,980,229
  • dedicated for marketing: 1,820,207,509
    Screenshot 2023-12-30 at 9.08.39 PM

Notes:

  • all LP tokens have been verifiably burned
  • on Dec 24th, community member @delucinator locked up 3,780,000,000 (8.3% of total supply) for 3 months

roadmap

Here are the roadmap items we're prioritizing at the meowment:

  • integrations with major protocols
  • deployments on new chains
  • building the omnichain terminal (more on this soon!)
  • creating a trading bot to minimize value leakage for $OMNI (read below)

announcing: Omnimancer 🔥

7 chains means 7 pools + all of the CEXs that need arbing. Unbalanced pools can lead to value leakage as arbitrageurs take profits in dollars.

We need a way to ensure all of the value from arbing is captured by the Omnicat community. That's why we're building Omnimancer, a trading bot dedicated to market making $OMNI. All profits made from Omnimancer will be burned in $OMNI.

Here's some quick background on the omnicat devs:

  • a quant dev who worked at global quant hedge fund
  • a swe who built execution systems for one of the world's best delta 1 trading desks
  • Kevin, a college dropout who is obsessed with burning tokens
    Screenshot 2023-12-30 at 9.09.48 PM
    kevin is a pyromeowniac

With the team's experience in building trading systems for the world's most competitive markets, we are confident that Omnimancer will be a huge value add for $OMNI.

Please stay tuned. We will release updates via twitter.