On September 5, Omni Labs announced its rebranding to Nomina, launching a new brand identity and visual system. The goal of this rebranding is to simplify the cryptocurrency experience and make DeFi more accessible to a wider range of users. The original $OMNI tokens will be migrated to the new $NOM tokens at a ratio of 1:75. The new token will have a circulating supply of 2.9 billions and a total supply of 7.5 billions. The Omni team is developing a migration application, and current holders do not need to take any action for now. $NOM staking will not be available at launch, and $OMNI staking will be suspended after the release of $NOM.