Osmosis Network connection with Stakewolle

Osmosis Network Background

Osmosis is one of Cosmos’ first decentralized proof of stake (PoS) Automated Market Maker (AMM) protocols for the Tendermint system — meaning it specializes in Interchain Defi. Unlike typical smart contract‐based AMMs, Osmosis is built using the open‐source Cosmos SDK. Osmosis’ goal is to enable developers to customize and deploy AMMs in the Cosmos/Tendermint ecosystem and to innovate in liquidity pools by using Osmosis’ governance processes and interoperable builder toolkit. As a decentralized exchange (DEX), Osmosis nurtures a heterogeneous and interoperable cross-chain trading experience. Simply put, Osmosis is currently the most dominant procedure on Cosmos, accounting for roughly 40% of the total inter-blockchain transfers, and has the largest potential to grow even larger.

Osmosis — following the lead of Cosmos and parallelling values from Stakewolle advocates and encourages self-sovereignty and accessibility through its governance system. Osmosis supports easy swapping between IBC-compatible blockchains, including Cosmos, Regen, Akash, and others; since there are currently no costs on Osmosis, transactions on the Osmosis chain are also free.

How Stakewolle Operates?

Osmosis is a PoS (Proof of Stake) network that is protected by validators that create blocks for the blockchain and are compensated for their efforts with block rewards. As a result, owners of OSMO, the Osmosis Network’s native token, can benefit from network governance and participate in it. Then, validators can stake their own OSMO or receive tokens from other OSMO holders as delegations. The nodes that contribute to Osmosis’ consensus, put forward blocks, and checked blocks put forth by other Validators are known as validator nodes. Validator nodes are only anticipated to take part in consensus at the time of genesis. But as time goes on, Validators will be able to assume more accountability in the ecosystem, such as serving as pricing oracles or intermediaries.

Any OSMO holder may transfer their tokens to an active Validator to aid in network security and receive a share of the rewards; Stakewolle is doing this. As background, all delegations are subject to a commission fee determined by Validators (such as Stakewolle); fees can range from a minimum of 5% to a maximum of 100% of the total rewards obtained by the delegators.

Summary

The Osmosis project offers DAOs and other organizations the chance to take part as Osmosis Validators. Stakewolle has a vested interest in seeing through and fostering the growth of Osmosis, which will assist in facilitating connections across the entire Cosmos chain ecosystem as well as integration with non-IBC-enabled chains in the future.

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