According to the agreement, Ommi Network has secured a $600 million deal with Ether.Fi to enhance the security of the project.
According to a post on March 4th by Omni Network, the $600 million will help secure both the Omni testnet and mainnet:
About Ommi Network
Ommi Network is a Layer-1 interactive blockchain that securely connects Ethereum scrolls by resetting them to achieve lower latency and improve ecosystem fragmentation.
The $600 million worth of ETH accounts for nearly 33% of Ether.Fi’s Total Value Locked (TVL) which is $1.88 billion. According to DefiLlama data, Ether.Fi is currently the largest liquidity resetting protocol in the world after its TVL increased by over 163% in the past month.
