An IBC-enabled DEX within the Cosmos ecosystem that is designed for customizability and rapid design space.
It is the largest DEX and it is offering LPs liquidity incentives through its governance token OSMO. LPs can permissionlessly create pools and design parameters to their needs because the protocol uses self-governing liquidity pools.
Osmosis is a DeFi app-chain that is building out a core AMM protocol on the Cosmos stack. It is IBC enabled so it can trustlessly interoperate with other Cosmos chains such as Akash and bring forward the modularity of the Cosmos ecosystem. As of now, many of the chains launched on Cosmos do not reflect the popular DeFi applications on other layer 1s; instead, the...