Convert RCN Finance RCN to Omni Network OMNI

RCN is an open-source global credit network that connects lenders, borrowers and originators on the blockchain to create frictionless, transparent and borderless loan markets. The RCN Credit Marketplace is a proprietary Decentralized Application (dApp) that allows users to access the RCN protocol and connect with its features. By combining digital lending and borrowing tools with all the transparency and security of the blockchain, the RCN Credit Marketplace enables creditors to lend Decentralized Finance (DeFi) and Centralized Finance (CeFi) loans, borrow Peer-To-Peer (P2P) loans and manage everything in one place. RCN is powered by its own open-source blockchain lending and borrowing protocol, which in turn runs on the Ethereum network. Composed by a modular set of smart-contracts, the protocol’s current version RCN Protocol v4.0 “Diaspore" allows its users to denominate, collateralize, receive, repay, fund, transfer and collect loans. In addition, it is compatible with a wide variety of Oracles, Loan Types and Backings.

Omni is a high-performance layer 1 blockchain that aims to connect all rollups and eliminate liquidity fragmentation among layer 2 networks. Omni allows developers to create cross-rollup applications and expand existing applications across all rollups. OMNI tokens are used to pay for Omni EVM gas fees and function as the universal gas resource for cross-rollup communications. OMNI tokens can also be staked to secure the network. Coinbase only supports OMNI as an Ethereum ERC-20 token.