Osmosis is a proof of stake blockchain built using the Cosmos SDK. It is built specifically to support automated market maker (AMM) applications, such as the Osmosis decentralized exchange.
It is a global decentralized exchange based on the Cosmos blockchain and connects to the Cosmos Hub so that users can take advantage of the interlinkages between various networks in the Cosmos ecosystem. Through its liquidity and asset management protocols, Osmosis is designed to provide low transaction fees while improving asset safety and efficiency.
By allowing users to seamlessly move assets between networks, Osmosis aims to create an interlinked, inclusive, and secure financial service infrastructure for the Cosmos community.
While the main protocol of the Osmosis platform is swap, other functions include staking, borrowing and lending, derivatives, mutual insurance, and more. The Osmosis Network provides safe and easy access to financial services to the many participants in the Cosmos ecosystem.
Osmosis has a very small trading fee of only 0.3%. The main revenue of the Osmosis blockchain is its inter-network swapping protocol. The inter-network swapping protocol is very popular, and millions of transactions have been completed since its launch.
Osmosis also has a very convenient trading pool design that reduces transaction fees and increases the speed of transactions. Therefore, the Osmosis blockchain has a very large user base, and many new users are entering.The price of OSMO is also constantly rising.
There are many reasons why the osmosis chain is unique than other chains.
It is one of the first protocols to be launched in the cosmos ecosystem and has the first-mover advantage.
It has the most robust liquidity structure and supports the highest number of coins compared to other chains in the cosmos ecosystem.
It's actively promotes the interconnection of blockchains and is the most active in the cosmos ecosystem.
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