Osmosis osmo

Osmosis price today is INR 28.07 and the trading volume in 24 hour is INR 7,120,267. Price change in the OSMO price in the last 24 hour is -0.053 . It has a circulating supply of 616,963,362 coins and a total supply of 325,000,000. Total market cap of the OSMO is INR 17,310,197,458.445 which has the movement of -0.12 in the last 24 hours

Osmosis is the first Decentralized Exchange(DEX) of the Cosmos(ticker ATOM) ecosystem. The cosmos ecosystem comprises Blockchains made using the Cosmos SDK(software development kit) like Terra/Luna, Cosmos(ATOM), Akash(AKT), Secret Network(SCRT), THORChain(RUNE), and more. Osmosis connects to all these blockchains through a mechanism known as Inter Blockchain Communication(IBC), which enables seamless communication with each other without the need for a Bridge. The native token for Osmosis is OSMO

Osmosis was created by Osmosis Labs, founded by Sunny Aggarwal and Josh Lee. Every upgrade and modification to the protocol is voted on and carried out by the Osmosis community (holders of the OSMO governance token.) Osmosis raised $21M in an October 2021 token sale led by Paradigm

The main reasons to invest in Osmosis include: - Osmosis has been growing fast, becoming the sixth-largest DEX by Total Value Locked(TVL) as of March 2022 - OSMO is a proof-of-stake blockchain, where users can stake OSMO tokens and receive voting rights and staking rewards - Osmosis is well suited to become the de-facto trading hub with the Cosmos ecosystem growing. - Osmosis plans to branch out to non-IBC enabled chains, such as Ethereum-based ERC20s (via the Althea gravity bridge), Bitcoin-like chains, and alternative smart contracting platforms