In this article, we take a look at what the Osmosis crypto exchange interchain protocol is and how it works, which operates via the decentralised network of the same name within the Cosmos ecosystem.
In the last few days, this platform has experienced a router issue that has resulted in scalability and price accuracy issues within DEX.
In this context, we see the challenges that Osmosis is facing and will have to face in order to become the dominant decentralised application in the DeFi landscape.
We also see the development of the OSMO token; used for project governance and staking within the platform.
Full details below.
Crypto Update: What is Osmosis DEX and how does it work?
Osmosis is a DEX, i.e. a platform that enables crypto exchange via a non-custodial infrastructure, operating within the Cosmos SDK universe.
However, Osmosis is also a blockchain, more specifically one of 46 interchain networks that communicate with each other via Cosmos’ well-known Inter-Blockchain Communic
We współpracy z: https://en.cryptonomist.ch/2023/10/16/what-osmosis-crypto-dex/
