Omphalos is an adaptive base cryptocurrency with scalable chain interoperability.
OMPL will connect to Polkadot network for cross-chain interoperability, enabling OMPL asset and data to move between multiple blockchains.
OMPL is a community led and operated project, everyone has power to govern and vote on proposals for future development.
OMPL has an anti-inflation mechanism for maintaining a stable purchasing power of equivalent to $1 USDT.
OMPL protocol adapts an elastic supply model and automatically adjusts supply with rebasing. Price goes up, wallet balances increase; when price goes down, balances decrease.
OMPL enables self-executing smart contract and automatic distribution based on price data from decentralized CPI Oracle.
OMPL holders own a part of the network, and their percentage of ownership will remain fixed with non-dilutive supply model.