#OSMO Continued from above
11/N $OSMO
Because $OSMO was used to guide liquidity mining in the early days due to high inflation, it was also often called a “mining coin”. The current $OSMO annual inflation is 40.60%. The main function of $OSMO is for Lp matching and voting governance.
But I think this is a boostrap mechanism to build a "moat".
When Osmosis successfully establishes the inter-chain DeFi ecosystem, $OSMO, as the other side of almost all trading pairs ($atom/$osmo | $evmos/$osmo), will receive great locking demand and use cases. What's more, application chains are inherently conducive to empowering tokens.
(I can’t write anymore, so I’ll update on the homepage)