Osmosis is a DEX platform for the Cosmos network. The purpose of the platform is to build a cross-chain DEX to connect all the chains on IBC. Here are the strengths of the Osmosis platform that distinguish it on the
Customizable liquidity pools- The platform allows users to provide liquidity with lots of tokens and uneven ratios.
Coordination between interested parties — The shares of the liquidity pool on the osmosis network calculate the right to participate in the decision-making process of the pools.
This is done to encourage the provision of long-term liquidity
AMM as a serviced infrastructure- With this idea, Osmosis provides AMM creators with an option to define the function of the curve value. This, in turn, increases the efficiency of AMMs
OSMO is the native token of the Osmosis platform and has a maximum supply of 1,000,000,000 tokens. Of its total supply, 49% of OSMO tokens are already in the circulating supply. The following are the use cases of the OSMO token
- OSMO tokens can be staked to earn rewards in return.
- OSMO token holders can participate in the governance of the platform.
- Users can use their OSMO tokens to provide liquidity in all pools.
- Osmosis tokens are used to pay transaction fees on the network.
- The osmosis network has greater control over the entire blockchain stack than decentralized exchanges.
- The Osmosis platform uses Superfluid Staking (which is a proof-of-stake security improvement) that allows users to earn staking rewards.
- The platform is designed to reduce the MEV.
Overall, considering the use cases and key features of the Osmosis platform, it seems to be a good case for investments.
Osmosis Crypto Price Prediction: Will osmosis reach $10?
To reach $10, the OSMO token must grow by almost 12.5 times its current market price.
In addition, the OSMO token reached its all-time highest price of $10.7 in March 2022, where it grew nearly 2.67 times in just three months (i.e., from its lowest price of $4 in December 2021).
Therefore, Osmosis will need more than 14 months (just over 1 year) to reach a price level of $10, considering its growth of 0.89 times in a month. However, it may take a little longer depending on market conditions and economic factors. However, reaching $10 isn’t a difficult goal for OSMO encryption
Osmosis Price Prediction 2023, 2025 and 2030
- Osmosis Price Prediction 2023 is $1.5
- Osmosis Price Prediction 2025 is $2.89
- Osmosis Price Prediction 2030 is $13.74
Where can I buy Osmosis Crypto?
OSMO tokens can be purchased from various centralized and decentralized crypto exchanges such as Binance, KuCoin, Gate.io, Bitget, LBank, MEXC, CoinEx, BitMart, BingX, Kava Swap and Osmosis.