[Introduction to OSMO: The largest DEX protocol in the Cosmos ecosystem. It has been trading sideways for 3 months. Those who understand technical analysis can leave a message to predict the trend...]
OSMO was once called the Uniswap of the Cosmos ecosystem...
This article is briefly organized by New Strategies.
Everyone should be familiar with Cosmos. The Cosmos network is an ecosystem designed to solve the problems of blockchain interoperability and scalability. It is committed to building an Internet that connects various blockchains. Its ecological star coins include ATOM, TIA, INJ, etc.
OSMO is part of the Cosmos ecosystem and Injective ecosystem, focusing on providing decentralized exchange (DEX) services. It uses the automated market maker (AMM) mechanism, with a special focus on cross-chain trading and liquidity provision functions, aiming to Facilitates cross-chain transactions through its modular blockchain platform.
Osmosis DEX enables asset interoperability with other Cosmos SDK-compatible blockchain networks through the Inter-Blockchain Communication (IBC) protocol.
Overall, the Osmosis ecosystem is growing rapidly, attracting a variety of projects and users. With its unique AMM model, liquidity pool, and focus on interoperability with other blockchains, Osmosis is poised to become a significant player in the rapidly expanding DeFi space.
★Pay attention to new strategies and don’t get lost in the bull market!
