๐Ÿš€ Gem Project Analysis! ๐ŸŒŸ #Cosmos Ecosystem #DEX Gem Project Osmosis (OSMO) ๐Ÿ“ˆ

๐Ÿš€๐Ÿ”— World of decentralized exchanges (DEX) with Osmosis (OSMO), a cutting-edge platform for Cosmos and beyond! ๐ŸŒ๐Ÿ”’

๐Ÿš€ Let's dive into key features and potential of #Osmosis in this captivating thread! #OSMO๐Ÿงต๐Ÿ‘‡

1๏ธโƒฃ Introduction & Overview: Osmosis is a DEX for Cosmos, an ecosystem of sovereign, interoperable blockchains. It's also bridged to Ethereum and Polkadot. Osmosis is committed to compliance and has taken steps to ensure its operations are fully compliant.

2๏ธโƒฃ Technology & Feature: Osmosis is a proof of stake blockchain built using the Cosmos SDK. It supports automated market maker (AMM) applications, allowing for customized weight pools and more than two assets. It features unique AMM functionalities like Superfluid Staking (SFS).

3๏ธโƒฃ Use Case: The Osmosis ecosystem offers various use cases for its native OSMO token and tools for developers. OSMO is used for staking, governance, paying transaction fees, and is the base pair for most liquidity pools.

4๏ธโƒฃ Team and Leadership: Osmosis was launched by members of two core Cosmos teams: Sunny Aggarwal and Dev Ojha from Sikka validator and Tendermint, and Josh Lee and Tony Yun from Keplr, the Interchain Wallet.

5๏ธโƒฃ Partnerships: Osmosis has partnered with Privacy Blockchain Namada for joint funding software and airdropping its planned NAM token to OSMO investors. It also announced a merger with UX Chain to create a comprehensive DeFi hub. Osmosis has a wide range of partnerships with various projects in the Cosmos ecosystem.

6๏ธโƒฃ Security and Audits: Osmosis has undergone internal auditing of its software stack. The last audit was made on October 29, 2022.

7๏ธโƒฃ Tokenomics: Osmosis has an circulating supply of 651.27 million OSMO. New tokens will be released according to a "thirdening" schedule, reaching an asymptotic maximum supply of 1 Billion.

8๏ธโƒฃ Exchanges: Binance, Coinbase, MEXC and many more.

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