Osmosis is an automated market maker built with the Cosmos SDK, focusing on the InterchainDeFi movement within the Cosmos ecosystem.
What is Osmosis Coin (OSMO)?
OSMO is the native token of the Osmosis platform, forming the foundation of the Osmosis protocol. It is designed to facilitate processes from liquidity mining reward allocation to fundamental network transaction fees.
Role and Application of OSMO
As a governance token, OSMO allows holders to influence the strategic direction of the project. It can be used to vote on protocol upgrades, allocate liquidity mining rewards to specific liquidity pools, and determine the fundamental network swap fee. OSMO is unique because it can be used simultaneously for staking and providing liquidity.
Where to Buy OSMO Coin?
OSMO Coin can be safely bought and sold on the Binance exchange, the world's largest cryptocurrency platform by trading volume. On Binance, OSMO is traded in the OSMO/BTC, OSMO/USDT, and OSMO/BUSD pairs.
Osmosis Coin plays a crucial role in the Osmosis ecosystem, enabling governance participation and reward earning. It is purchasable on leading cryptocurrency exchanges such as Binance.
