The $600 million worth of Ether will be restaked on EigenLayer.
Omni Network has secured a deal worth $600 million in Ether (ETH) from restaking protocol Ether.Fi, which will be used to enhance the security of the Omni Network and EigenLayer.
The $600 million will help secure both the Omni testnet and mainnet, according to a March 4 X post by Omni Network:
Omni Network is a layer-1 interoperability blockchain that securely connects Ethereum rollups via restaking, aiming to offer lower latency and improve ecosystem fragmentation.
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Source: https://cointelegraph.com/news/omni-network-seals-600-million-deal-ether-fi