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Osmosis and the Cosmoverse in general :)

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by COINS NEWS 227 Views

Since I haven't heard of a lot of people who talk about the Cosmoverse here especially about osmosis, I thought I start a little discussion about it to get some attention and pov of some outsiders on it. Osmosis is the native token of the osmosischain, that currently starts building a dex that already includes some major cryptocurrencies, that can all be traded and stored on one chain, over an ibc bridge provided by the osmosischain. The dex atm offers around 37 different cc, including bigger names like Atom, Luna and Cro. It offers staking for different cc, including Osmo, which currently has a staking rate of over 80%apy. The dex has a usual volume of 50-100mil $ per day, reaching record numbers of nearly 200mil. It also provides a liquidity of around 1.2bil $ across multiple assets with Osmo being a good 1/3 of it.

There are other aspects to it like frequent Airdrops and a very active and interactive community. I hope I could raise some awareness and maybe interest you to dyor :) Have a nice day

submitted by /u/vetcrypro
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