Osmosis

How do you get osmosis coins?

How to use Osmosis?

Briefly about the OSMO exchange token

Let's summarize the results

Osmosis is positioned as the first successful exchange based on Cosmos. Its main advantage is its 100% operability and its growing popularity in the DeFi sector. Osmosis can be considered as a project for short-term investments, but it is definitely not suitable for long-term investments due to the significant risks of liquidity mining, the use of DeFi, etc.

Briefly about the OSMO exchange token

OSMO tokenomics looks like this: The total issue is 100 million OSMO with the ability to issue new incentive coins. Newly issued tokens are distributed as follows:

Stacking reward: 25%

Team : 25%

Liquidity Reward: 45%

Total pool: 5%

Supply of liquidity. Users can add liquidity to the pool and receive commissions for pool swaps (about 0.3% on average) and LP tokens.

Osmosis allows other projects to add incentive mechanisms to pools. For example, if the Cosmos Hub community pool wants to stimulate liquidity for an ATOM-stablecoin pair, it can distribute ATOM rewards using the Osmosis reward system. To add liquidity to the pool, you need to decide on the pool, then click on "Add liquidity" at the top of Osmosis and that's it.

Token stacking. It is available only through the Kepler wallet, as well as voting for project management.

How to use Osmosis?

To make a deposit, the user must have a Kepler wallet (in the form of a browser extension in Google Chrome), which is the only one supported for operations on Osmosis.

After connecting the wallet, go to the "Asset" tab on the right, which will list all the assets available for trading or staking. Fortunately, Osmosis does not have its own wallet, which makes the project truly decentralized, anonymous and secure.