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View Full Version : What is Osmosis (OSMO)



ejkt1807
2022-10-28, 04:17 PM
A Layer-1 Proof-of-Stake (PoS) blockchain called Osmosis, also known as OSMO (OSMO/USDT - Trade it here), was created with the Cosmos SDK to act as a sandbox for automated market makers (AMMs). Using the on-chain governance system and its various modules from Osmosis, the chain enables developers to build and deploy customized AMMs. The introduction page for MEXC's digital asset, Osmosis, provides some basic information. Don't forget to read OSMO's announcement to learn how to get rewards for making deposits of OSMO tokens.
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Tokenomics of Osmosis (OSMO)
The native Osmosis coin, or OSMO, is what underpins the entire Osmosis protocol. Everything from the distribution of liquidity mining rewards to the base network swap charge is made possible by it.

The tokenomics of OSMO :

Name: Osmosis.
Ticker: OSMO.
Token type: Utility and Governance.
Max supply: 1,000,000,000 OSMO.
Initial Supply: 100,000,000 OSMO.

How to buy Osmosis Token (OSMO)?
You can buy Osmosis Token (OSMO) on MEXC by the following the steps:

Log in to your MEXC account and click [Trade]. Click on [Spot].
Search “OSMO” using the search bar to see the available trading pairs. Take OSMO/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of OSMO you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy OSMO] to confirm your order. You will find the purchased OSMO in your Spot Wallet.