Osmosis relies on smart contracts instead of middlemen to execute trades between users. Much of its value proposition, however, arises from its future plans. The DEX aims to expand to other blockchains, such as Ethereum, as well as blockchains compliant with the Inter-Blockchain Communication (IBC) protocol. Source link … [Read more...] about Cosmos-Based Exchange Osmosis Crosses $1B in Locked Value
Cosmosbased
Cosmos-based DEX Osmosis raises $21M from a consortium of investors
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 that includes 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 … [Read more...] about Cosmos-based DEX Osmosis raises $21M from a consortium of investors