Today news
About the same in other media
15.11 - 03:19
Cosmos-based DEX Osmosis raises $21M in from a consortium of investors
Reading now: 366
Osmosis, a decentralized exchange, or DEX, on the Cosmos blockchain, raised $21 million dollars in a token sale led by VC fund Paradigm along with a consortium of investors including Robot Ventures, Nascent, Ethereal, and Figment.
Osmosis allows developers to build customized Automated Market Makers, or AMMs, with sovereign liquidity pools. The DEX uses a native token called OSMO for governance and staking, and currently contains a total of $544 Million.
The project alleges to provide superfluid staking and instant block confirmation. Superfluid staking lets liquidity holders stake their LP tokens to earn pro rata staking rewards in OSMO. This gives token holders the ability to compound staking and liquidity yields while keeping the network
Read more on cointelegraph.comAbout this in other media
SEC rejects bitcoin-based ETF finextra.com /3 years ago
DeFi’s quest to reimagine finance must come from a community-based design cointelegraph.com /3 years ago
Limit order protocols offer more flexibility and efficiency to DEX traders cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
