The OSMO coin, also known as Osmosis (OSMO), is the native cryptocurrency of the Osmosis decentralized exchange (DEX) platform. Here are some key points about OSMO:$OSMO
- _Consensus Algorithm_: Cosmos-SDK-based Proof of Stake (PoS)
- _Total Supply_: 1 billion OSMO tokens
- _Circulating Supply_: Approximately 400 million OSMO tokens
- _Use Cases_:
- Payment for transaction fees
- Governance and voting rights
- Incentivizing liquidity providers and traders
- Access to premium features and services
- *_Unique Features_:*