Osmosis Supercharged Liquidity is Live! 🎉
This marks one of the biggest upgrades to the Osmosis DEX
Here's a list of all the features and strategies it brings to Osmosis user.🧵
So much cool stuff landing on Osmosis in the next couple months
- CosmWasm
- Superfluid Staking
- LBP 2.0
- Ethereum Integration
- Stableswap
...and even more yet to come!
Thank you for being patient as the core teams have been heads down dealing with the situation.
The following is the latest information related to the bug and subsequent chain halt.
Osmosis validators plan to restart the chain Sunday at 16:00 UTC with a new thoroughly tested version
The first 5 blocks will be "Epoch blocks" providing rewards from during downtime
Due to consecutive epochs, processing of "normal blocks" may take up to 90 min after start time
Osmosis is expanding its liquidity net
First was Cosmos.
Then Ethereum.
Now Polkadot.
Powered by
@axelarcore
's integration into
@MoonbeamNetwork
, you can now trade $DOT and other Polkadot ecosystem assets on Osmosis, all without ever touching a centralized exchange!
Osmosis turns 3 years old today 🥳
🧪 43,000+ code commits
🧪 34+ billion in total trading volume
🧪 $15+ billion in total IBC transaction volume
Thank you to everyone who has supported + contributed to the growth of the Osmosis ecosystem 🫶
The journey has only just begun ✨
The Osmosis Foundation just conducted its first ever sale, raising $21M in a strategic round led by
@paradigm
! (number not an accident 😉)
Funds will support the many dev teams and DAOs building Osmosis into the leading DEX in the Interchain!
So much cool stuff landing on Osmosis in the next couple months
- CosmWasm
- Superfluid Staking
- LBP 2.0
- Ethereum Integration
- Stableswap
...and even more yet to come!
Update:
- 4 individuals have been identified that account for 95%+ of realized exploit amount.
- 2 out of the 4 individuals has proactively expressed intent to return the exploited amount in full.
Happy 6 month anniversary of Osmosis Launch! 🎉
The Osmosis Airdrop has officially ended.
All unclaimed genesis tokens, ~32.243 Million $OSMO and 16572 $ION, have been clawed back and placed in the Osmosis community pool 🤑
Such wow! We're excited to announce that the long awaited refactor to the Osmosis website has been completed!
Check it out at
We very hope all the Osmonauts will much love the fun new redesign! 🧪
Update:
The code patch and emergency upgrade is in testing.
Presuming no unforeseen circumstances, the current target is to be able to restart the chain this weekend
Proposal 176 has PASSED ✅
🌏Osmosis is going carbon neutral!🌏
We are proud to be the first blockchain to officially offset its carbon footprint fully on-chain.
Thanks to
@regen_network
,
@ixoworld
&
@interchain_io
for the
#ZERO
Carbon Commitment.
Osmosis has opened its doors to WBTC, meshing two powerful forces in the Cosmos.
It's a groundbreaking fusion of liquidity, security, and utility.
Understanding this newly forged synergy. 🧵
Bid farewell to a remarkable year!
With 2023 behind Osmosis, let's take a moment to celebrate the extraordinary growth and innovation that unfolded.
Discover the incredible journey of Osmosis in 2023. 👇
Updates from the Lab will unfortunately be cancelled this week, as multiple of the co-hosts are down with the 'vid 🤒
We'll be back up and at 'em next week with 2 weeks of juicy updates!
Stay safe and healthy! 🧪
Excited to announce an Osmosis governance-approved partnership with
@OmnityNetwork
to establish the first connection between the Interchain + ICP (s/o
@dfinity
) ♾️ 🤝 ⚛️
This enables seamless bridging of Chain-Key Bitcoin (ckBTC) from ICP to the Interchain through Osmosis.
Update: The bug has been identified and a patch written.
More testing is underway before validators are recommended to coordinate a restart.
Full bug report and action plan for more thorough and proper end to end testing of chain upgrades to follow in coming days.
Liquidity pools were NOT "completely drained".
Devs are fixing the bug, scoping the size of losses (likely in the range of ~$5M), and working on recovery.
More info to come.
🎉Get ready for Osmocon 2023! 🎉
Join us in Paris for a jam-packed day, connect with some of the greatest industry innovators, and explore the future of Cosmos.
Don't miss out!
Get your tickets now:
Introducing 𝗦𝗺𝗮𝗿𝘁 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 on Osmosis ✨
Enhancing usability, flexibility, and security, with robust multi-device support for on-the-go trading 🧪
Let's dig into the most exciting features + functionalities 👇
Introducing 'Pipette', the liquidity and bridging hub for TIA and the Modular ecosystem.
Here's how Osmosis extends its cutting-edge cross-chain UX to the modular ecosystem with Pipette
🧵⬇️
Heads up that similar to many Cosmos chains, Terra will need to do param-change governance proposal to activate IBC transfers.
The voting period on Terra is 2 weeks, and $UST will be available once the proposal passes
We're excited to welcome Terra to the
#IBCgang
soon! 🧪🌖⚛️
1/ Important Columbus-5 mainnet migration update for VALIDATORS:
The oracle-mempool-priority patch has been released with the applied version of core to avoid oracle misses even when the network is congested.
-
Q4 was an outstanding quarter for Osmosis in terms of revenue generation:
- Taker fees reached an impressive $2.1 million.
- Swap fees amounted to $218,000.
- Since its inception, ProtoRev has accrued $517,000.
Osmosis just eclipsed $36 BILLION in total trading volume 🧪🤯
That's equivalent to 150 million years of Netflix premium 📺 or 3.8 billion Big Mac meals from McDonald’s 🍔 or like 5 tickets to a Taylor Swift concert 🎶
Liquidity pools were NOT "completely drained".
Devs are fixing the bug, scoping the size of losses (likely in the range of ~$5M), and working on recovery.
More info to come.
A critical bug has been found on $OSMO /
@OsmosisZone
which could have potentially drained all liquidity pools.
It has been discovered after a post on the subreddits /r/CosmosNetwork and /r/OsmosisLab.
The chain was halted under immediate emergency to avoid further damage.
🧵
The Osmosis DEX has generated over $2.7 million in fees year to date:
- $2.16 million in taker fees
- $290,000 in Proto Rev
- $286,000 in transaction fees
🧑🔬
Q4 was an outstanding quarter for Osmosis in terms of revenue generation:
- Taker fees reached an impressive $2.1 million.
- Swap fees amounted to $218,000.
- Since its inception, ProtoRev has accrued $517,000.
The Osmosis DEX has generated over $2.7 million in fees year to date:
- $2.16 million in taker fees
- $290,000 in Proto Rev
- $286,000 in transaction fees
🧑🔬
Exciting things in the works with
@dfinity
+
@OmnityNetwork
!
ckBTC coming to Osmosis marks the first connection between ICP and the interchain 🤝 ⚛️
The addition of ckBTC further diversifies the composition of Alloyed BTC and improves the user experience on Osmosis DEX 🧪
The Cosmos is expanding rapidly.
To further enhance the ecosystem and the community, Osmosis governance has decided to merge with
@cosmoshub
.
We're thrilled to announce COSMOSIS as the first Conglomerate chain!
🧵👇 Read the entire thread for all the information!