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XDEFI Wallet plans to support Osmosis (OSMO)

XDEFI Wallet makes Web3 safe and easy: When the Osmosis (OSMO) integration is complete, you will be able to store, send, and swap Cryptocurrencies and manage your NFTs from a single, safe Osmosis (OSMO) wallet.

 

What is Osmosis?

Osmosis is a proof of stake, cross-chain automated market maker (AMM) protocol built upon Cosmos SDK that allows developers to build and deploy customised AMM’s tailored to their needs. Osmosis is not only a Decentralized Exchange (DEX), where users can swap crypto for crypto, but it helps to facilitate more swaps with all of the customised AMM’s that can be built. 

 

What makes Osmosis unique? 

Osmosis allows builders to adjust various parameters of liquidity pools to achieve the best swap trades for their users. Superfluid staking allows users to stake assets to secure the network while also providing assets into a liquidity pool to earn yield. 

 

What are the core features of Osmosis? 

    • Customizable AMM’s and models. 
    • Self-governing liquidity pools to attract more liquidity.
    • Superfluid staking to help secure the network and direct governance voting. 
    • Cross-Chain swaps and liquidity.

 

What is the native token of Osmosis and where can I buy it? 

    • The native token of Osmosis is OSMO. OSMO is the native token of the blockchain used for governance voting and staking to secure the network.
    • OSMO can only be purchased through a DEX like Osmosis. Simply connect your Osmosis (OSMO) Wallet to trade.

 

Is XDEFI planning to support Osmosis (OSMO)? 

XDEFI Wallet will allow you to safely store, send, and swap Osmosis (OSMO) tokens directly within the wallet. XDEFI Wallet is planning to support Osmosis and all Osmosis tokens. 

Download XDEFI Wallet browser extension here.

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