Osmosis

Osmosis

OSMO
$0.488047969%3.57

Key Metrics

Price$0.488047969
Real Volume (24H)$7,163,262.7
Marketcap$328,705,561.02
Fully Diluted Valuation$100,000,000
ATH$11.25
ATH Date3/4/2022, 8:12:18 AM
ATL$0.68048
ATL Date6/18/2022, 11:27:33 PM
Circulating Supply504M
Total Supply325M
WebsiteN/A
WhitepaperN/A
Popularity Rank160
Chart
What is Osmosis?

Introducing Osmosis, an innovative and fair-launched automated market maker (AMM) protocol that is designed to enable the development and management of a self-balancing, noncustodial, and interchain token index. Built to operate within the Cosmos ecosystem, Osmosis aims to offer a range of tools that improve the use of AMM for traditional token swap use cases.

Cosmos is a platform for interconnected apps and services that is being developed for a decentralized future. Osmosis is designed to be cross-chain native, which means that it can connect to the complete ecosystem of Cosmos assets through its built-in inter-blockchain communication (IBC) protocol. This allows for the creation of DeFi assets such as optional dynamic fee markets that can adapt to high volatility, helping to mitigate impermanent loss for liquidity providers.

One of the key features of Osmosis is its customizability. The protocol aims to offer a range of options for users, including the ability to adjust swap fees, create custom-curve AMMs, and access multi-token liquidity pools. These liquidity pools are designed to help users trade cryptocurrencies on decentralized exchanges (DEXs) with greater ease and flexibility.

In addition to traditional token swap use cases, Osmosis aims to offer a range of other features to the Cosmos ecosystem. These include the ability to deploy new curves with the help of existing wallet integrations, order flow, IBC connections, and liquidity in the Osmosis ecosystem. Other features include the ability to conduct decentralized formation of token fundraisers, options market, interchain staking, and more.

The Osmosis ecosystem also has a governance coin called the OSMO token. This digital coin is used for a range of functions, including voting on protocol upgrades, setting the swap fee for the base network, and allocating mining rewards for liquidity pools. The OSMO token is fairly launched and seeks to be distributed to network participants such as developers, liquidity providers, and stakers.

Governance is a crucial component of the Osmosis network as an AMM protocol. OSMO token holder governance allows stakeholders to select the liquidity pools that are eligible for rewards, enabling them to develop an incentivization strategy that benefits the long-term interests of the protocol. Additionally, Osmosis aims to allow third parties to add incentive mechanisms to some liquidity pools.

Overall, Osmosis is a promising new AMM protocol that aims to improve the use of AMM within the Cosmos ecosystem. With its cross-chain native design, customizability, and range of features, Osmosis is well-positioned to become a leading platform for decentralized finance (DeFi) in the future. Whether you're a developer, liquidity provider, or staker, Osmosis has something to offer you.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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