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Joined June 2019
An Announcement regarding the Sunset of Omnity Network It is with a heavy heart that we announce the sunsetting of Omnity Network. Due to running out of operational runway, we have made the difficult decision to wind down our operations. We are deeply grateful to our community, partners, and supporters who have been with us on this journey. As part of this wind-down, all Bitcoin DeFi products under Omnity—including RichSwap and Satsman—will cease operations within the next 30 days. 🚨 Important Action for RichSwap LPs: Please withdraw your liquidity as soon as possible. We have upgraded the smart contracts to release all lock-up restrictions and enable full, unrestricted withdrawals. While Omnity Network as a formal project is coming to an end, our core team members remain die-hard believers in the Bitcoin ecosystem. We will continue contributing to the future of Bitcoin individually and through builder collectives. Thank you for building alongside us. 🧡
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Important Announcement: Omnity Hub Sunset and Cessation of Operations To our valued users and partners, It is with a heavy heart that we announce the upcoming closure of Omnity Hub (hub.omnity.network/). After careful consideration, the Omnity team has made the difficult decision to officially cease all operations 30 days from the publication of this notice. A Look Back at Our Journey Over the past 27 months, Omnity Hub has proudly served as a premier cross-chain bridge for Bitcoin Runes assets, successfully connecting Bitcoin, Ethereum, Solana, ICP, and multiple Bitcoin L2 networks. We are incredibly proud to have maintained a strong security record throughout our operational lifespan, with our peak cross-chain asset volume reaching nearly $1 billion. Why We Are Closing Despite these milestones, the reality of operating a secure cross-chain bridge has become increasingly challenging: Unsustainable Economics: The revenue generated by the cross-chain bridge is unfortunately limited, leaving Omnity unable to sustainably fund the high costs required to maintain and secure this critical infrastructure. Evolving Security Threats: In the context of rapidly advancing AI technologies, the broader crypto ecosystem has seen an increasing frequency of sophisticated security incidents targeting cross-chain bridges. Out of an abundance of caution and a strict commitment to protecting our users' assets, we have determined that safely sunsetting the bridge is the most responsible course of action. Urgent Action Required: Withdraw Your Assets Omnity Hub will permanently shut down in exactly 30 days. We strongly urge all users to immediately begin the process of withdrawing and retrieving all cross-chain assets from the platform. Please do not delay this process to ensure your funds are safely returned to your native wallets before the deadline. Thank You We want to extend our deepest gratitude to our users, partners, and the broader community for your unwavering trust and support over the last two years. We sincerely apologize for the inconvenience this closure will cause and deeply regret that we cannot continue providing this service. If you require any support during the withdrawal process, please reach out to our team immediately through our official channels. Sincerely, The Omnity Team
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