I have been diving deeper into @omnipair. ​ Generalized Automated Market Makers (GAMMs) will change how we provide liquidity on-chain. ​ Let me explain why Omni will change the game. 📃👇 Quick TL;DR for those who missed my last piece on Omni, I highly recommend you give it a read: ​ Omni is a decentralized, immutable protocol on Solana for spot and margin trading. It enables permissionless, isolated-collateral markets without relying on oracles. ​ Omni allows anyone to lend, borrow, and trade any token with leverage utilizing GAMMs, the next upgrade to Automated Market Makers (AMMs) as we know them. ​ Omni is building the next logical step of AMM progression, which is inefficient in many ways. ​ While AMMs have taken over the on-chain market, there is a reason why CEXes have opted out and continued to use order books instead. ​ One of these reasons is that tokens listed on CEXes tend to have more volume, allowing buyers and sellers to match more easily. This could cause complications when dealing with tokens with lower available liquidity and volume. ​ To allow users to buy and sell whenever they want, a liquidity pool is required. However, this means those providing this liquidity to trade face impermanent loss, with a part of their capital sitting idle as their LP is not in range. ​ So to achieve capital optimization without compromising security, we need a model that allows more than just providing liquidity with constant active management to ensure you capture maximum fees. ​ This is what makes GAMMs so interesting. In one pool, you can now lend and borrow using idle capital, which also means you can loop, allowing you to leverage any position. ​ Not only does Omni open up more capital for lending, but it also means you can leverage any token deployed in a GAMM pool. ​ Solana is the perfect place to launch this product, as 95% of traded volume is from sub $1B market cap tokens, which is the highest % across all chains, with almost none of these tokens being available to trade with leverage on any platform. ​ Not only does Omni address a huge market on Solana, but it also means they can show their Product Market Fit (PMF) model at a rapid speed. ​ I believe GAMMs could be the next normal for on-chain liquidity, as lending markets also tend to have capital that is not fully optimized; bringing LPing and lending together creates the perfect storm. ​ Their platform is currently in beta access. You can apply via their Discord for the OMFG/USDC pool only with a whitelist and deposit limits for now. ​ Omni aims to launch its product for everyone in approximately 6 weeks. This is a soft timeline and subject to change depending on development, but it gives us an idea of when the next catalyst kicks off. ​ The team has been leveraging its partnership with MetaDAO/Futarchy to connect with more investors and projects. These partnerships are crucial for Omni to establish a foothold and demonstrate why GAMMs could be the future. With $OMFG trading at around a $5M market cap, it presents an interesting opportunity for me, especially with on-chain activity on SOL heating up again. When Omni publishes its product and gains some market share, things can move very fast for it to become the new default AMM pool with their highly innovative lending features. ​ I will be keeping up with Omni, so stay tuned. ​ Make sure to follow me, like, and retweet this piece so you never miss my insights again. 🔍