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
market:
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.
Key Features
- 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.