ווי און ווו צו קויפן Osmosis ( OSMO ) - דיטיילד גייד

What Is Osmosis (OSMO)?

Osmosis (OSMO) is an automated market-making protocol (AMM) that specializes in the InterchainDeFi movement and is built on its own blockchain, utilizing the Cosmos SDK and IBC technologies. Osmosis is an advanced protocol focused on customizable AMMs,

where users can create, construct, design and deploy individual and highly-customized AMMs with various modules and the on-chain governance system.

<span style="text-decoration:underline;">Core elements that make up the Osmosis ecosystem:</span>

Cosmos network where developers create interoperable decentralized applications (dApps);

IBC or the Inter-Blockchain Communication protocol which is responsible for passing messages between independent distributed registries;

Tendermint Core is a Byzantine-Fault Tolerant engine for building blockchains. With this tool, developers write apps in various languages ​​and create synchronous copies;

Automated Market Maker (AMM) is a DEX protocol that is required to price crypto assets in liquidity pools.

The Osmosis protocol was presented to the community in the fall of 2020, and was launched in June 2021. The aim of the creators was to provide a sandbox for AMM development, where users have the opportunity to replicate individual AMM projects using modules and liquidity pools already existing in the network, and enable liquidity providers to control and direct their pools. The mission of the project is based on the concepts of sovereignty and heterogeneity.

A key factor in achieving the goals of the project is governance, which contributes to the smooth operation of the entire Osmosis ecosystem, thus, stakeholders vote and help in planning / implementing functionality for the protocol. As for liquidity providers, third parties can add incentives to their liquidity pools. OSMO is a governance token that is used to distribute rewards for mining liquidity and setting a basic network fee.

The main difference from other AMMs is that Osmosis applies a process of experimentation and rapid iteration, plus the following parameters are configured for each liquidity pool: swap fees / token weights, curve algorithms, average price calculation.

The very fact of the implementation of automated market makers is a significant step in the shaping of the crypto market, as well as one of the integral tools in the field of decentralized finance (DeFi).

Who Are the Founders of Osmosis?

Osmosis is a product of Osmosis Labs, its core developers include Sunny Aggarwal, Josh Lee, and Dev Ojha.

Osmosis is run by a decentralized set of validators. All updates, innovations and modifications are done through the community aka OSMO token holders. The organizations involved are not liable for damages and losses, thus justifying the decentralized focus of the protocol.

The project raised $21 million in October 2021, during the OSMO token sale, led by Paradigm.

Key figures of the Osmosis team are Sunny Aggarwa and Josh Lee.

Sunny Aggarwa studied engineering and computer science at the University of California, Berkeley. In 2017, he began working as a researcher at Tendermint, a software development company, and in November 2018, he co-founded Sikka, a blockchain infrastructure company. In 2021, he co-founded Osmosis Labs with Josh Lee.

As for Josh Lee, he studied at Anderson University in Indiana. He met Aggarwa in 2019 while working at Tendermint as an ecosystem development analyst. In general, Lee has an impressive background in various blockchain companies (Lunamint, for instance); he also co-founded the South Korean startup Chainaspsis, where he serves as CEO.

What Makes Osmosis Unique?

The original mission of Osmosis is to offer flexible and non-traditional tools for using AMM in the ecosystem.

<span style="text-decoration:underline;">Features of Osmosis include:</span>

The product was designed with cross-chain compatibility. Osmosis was initially compatible with IBC, but with the intention of later expanding to non-IBC enabled chains, Bitcoin-like chains, smart contracting platforms;

Sovereignty is a central concept and is fundamental to the community. The sovereignty of Osmosis is established by the architecture of the project, and is also based on the sovereignty of liquidity providers;

Osmosis brings together the interests of all parties: liquidity providers, DAO members and delegates. The liquidity pools are self-managed and completely customizable, which contributes to the formation of a competitive atmosphere and space for experimentation.

Osmosis has implemented a feature called Superfluid Staking where the OSMO token is used for both staking and liquidity. In this case, token holders can earn income in both scenarios without making compromises and maximizing rewards for providing liquidity and staking.

Related Pages:

Read about Cosmos (ATOM).

Take a deep dive into the Cosmos Network and the Cosmos Ecosystem here.

What Are Automated Market Makers? Find out with CMC Alexandria.

Learn more about Proof-of-Stake and Proof-of-Work.

Check out our glossary and find more comprehensible definitions for crypto terms.

How Many Osmosis (OSMO) Coins Are There in Circulation?

OSMO is the native token of the Osmosis platform that powers the entire protocol, facilitating everything from distributing liquidity mining rewards to swap fees.

OSMO is also a governance token and plays a major role in the governance of the platform. OSMO holders influence the strategic direction of the project by voting on protocol upgrades and governance proposals. The uniqueness of the OSMO token lies in the fact that it can be utilized both for staking and for providing liquidity.

As of April 2022, Osmosis (OSMO) has a maximum supply of 1,000,000,000 coins and a circulating supply of 282,464,369. The token distribution is as follows:

40.5% to Liquidity Reward Mining;

22.5% to Developer Vesting;

22.5% to Staking Reward;

4.5% to Community Pool;

5% to Strategic Reserve;

5% to Airdrop.

<span style="text-decoration:underline;">Therefore, OSMO use cases:</span>

Staking: OSMO is used to verify transactions and create blocks, participants are rewarded by bringing resources to the network;

Governance: OSMO owners take part in on-chain governance by generating and voting on proposals.

How Is the Osmosis Network Secured?

Built with the Cosmos SDK, Osmosis is a PoS network, a Layer-1 Proof-of-Stake blockchain, that is secured by validators that produce blocks for the blockchain, receiving block rewards in exchange for services.

Validator nodes participate in consensus by proposing and validating blocks. Nodes that act dishonestly are punished and may lose tokens, while nodes hosting more tokens are more likely to be selected to verify transactions and, as a result, receive rewards.

Where Can You Buy Osmosis (OSMO)?

As of April 2022, Osmosis (OSMO) can be obtained via the platform’s app. The Osmosis platform allows to buy any cryptocurrency that adopts the Inter-Blockchain Communication Protocol (IBC).

On top of that, OSMO is available on MEXC, Sifchain, BKEX, Bitget, and Kava Swap.

Download the CoinMarketCap mobile app, and track prices of OSMO or ATOM in real-time.

OSMO איז ליסטעד אויף אַ נומער פון קריפּטאָ יקסטשיינדזשיז, ניט ענלעך אנדערע הויפּט קריפּטאָקוררענסי, עס קענען ניט זיין פּערטשאַסט מיט פיאַץ געלט. אָבער, איר קענען נאָך לייכט קויפן דעם מאַטבייע דורך ערשטער בייינג ביטקאָין פון קיין פיאַט-צו-קריפּטאָ יקסטשיינדזשיז און דאַן אַריבערפירן צו דער וועקסל וואָס אָפפערס צו האַנדלען מיט דעם מאַטבייע, אין דעם פירער אַרטיקל מיר וועט פירן איר אין דעטאַל די סטעפּס צו קויפן OSMO .