Economics
Last updated
Last updated
OmniVault is by design a users-facing tool. By allowing a frictionless and convenient way to perform transactions on any blockchains it's set to be chosen by all the users who interact with multiple networks as a wallet that simplifies their day-to-day experience.
By the nature of the problem it solves, it involves automated swaps and cross-chain liquidity transfers in order to provide transactions made by users with the tokens it requires.
All the involved swaps and cross-chain liquidity transfers are subject to a small fee, which is split between liquidity providers and OmniVault protocol.
The OmniVault protocol fees are going to be collected on the protocol Treasury and subsequently distributed to the long-time holders of OMNIV token on a regular basis, which is designed as the main driver to own and long OMNIV token.