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Cryptocurrency News Articles

Osmosis will host an AMA on X on May 1st at 18:00 UTC

Apr 27, 2025 at 10:53 pm

The event will focus on Polaris, the token portal, which provides a unified application for trading all tokens across all chains.

Osmosis will host an AMA on X on May 1st at 18:00 UTC

Osmosis, the decentralized exchange (DEX) on the Cosmos network, will be hosting an AMA on X on May 1st at 18:00 UTC. The event will focus on Polaris, the token portal, which provides a unified application for trading all tokens across all chains.

This AMA comes after Osmosis recently announced the launch of its new token portal, Polaris, in partnership with Chainlink. Polaris is a single application that enables users to easily discover, track, and trade any token across all chains.

The launch of Polaris follows Osmosis's recent integration of Inter-Blockchain Communication (IBC) technology, which allows for seamless cross-chain asset transfers. With Polaris, users can now access a vast universe of tokens from different chains, such as Bitcoin, Ethereum, and Cosmos, all within a single interface.

During the AMA, the Osmosis team will answer questions from the community about Polaris, as well as other topics related to the Osmosis protocol.

Those interested in participating in the AMA can follow Osmosis on X or Telegram for updates.

The event will take place on May 1st at 18:00 UTC on X.

Osmosis is a decentralized exchange (DEX) that operates on the Cosmos network. The exchange utilizes Inter-Blockchain Communication (IBC) technology, which enables cross-chain asset transfers. This allows users to transfer assets between different blockchains within the Cosmos ecosystem without leaving a single platform.

One of the key features of Osmosis is its use of an Automated Market Maker (AMM) model, which users can provide liquidity to pools and earn fees. Users can also stake their tokens and receive rewards.

The OSMO token is a governance token that grants staked token holders the power to shape the future of the protocol. It allows them to make decisions on various aspects, such as voting on protocol upgrades, determining the allocation of liquidity mining rewards for bonded liquidity gauges, and setting the base network swap fee.

Original source:tradingview

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