1/ The Cosmos Ecosystem has traditionally suffered from low and fragmented liquidity.
Crosschain Swaps( Liquidity Outposts) by @osmosiszone are coming to #Cosmos. Maximizing the efficiency of liquidity across any IBC enabled chain!
๐งต๐
Crosschain Swaps( Liquidity Outposts) by @osmosiszone are coming to #Cosmos. Maximizing the efficiency of liquidity across any IBC enabled chain!
๐งต๐
2/ The history of the #Cosmos Ecosystem has been one of having some of the greatest tech stack, but has always suffered from a lack of liquidity.
One need only look at where liquidity flows, within our ecosystem.
One need only look at where liquidity flows, within our ecosystem.
3/ Today, IBC enabled chains spend valuable resources launching their own DEX and bootstrapping liquidity.
This has led to a shrinking share of the "liquidity pie" and leading to:
- Liquidity fragmentation
- Inefficient use of dev resources
- User friction
This has led to a shrinking share of the "liquidity pie" and leading to:
- Liquidity fragmentation
- Inefficient use of dev resources
- User friction
4/ One of the strongest arguments for building an appchain on #Cosmos is the high degree of user customization and sovereign interoperability they offer.
@osmosiszone Outposts will help facilitate the benefits of building an appchain, here's how ๐
@osmosiszone Outposts will help facilitate the benefits of building an appchain, here's how ๐
5/ Outposts are a way for a smart contract to be deployed on an external IBC enabled chain such as @JunoNetwork or @Neutron_org
This means users within the native chains hosting an outposts get to access liquidity without having to go across chains.
This means users within the native chains hosting an outposts get to access liquidity without having to go across chains.
6/ A chain, such as @StargazeZone could deploy an @osmosiszone Outpost.
- Users within the Stargaze chain would have access to deep liquidity
- Stargaze developers can focus the dev hours on building their NFT marketplace
All without ever having to leave the marketplace. ๐
- Users within the Stargaze chain would have access to deep liquidity
- Stargaze developers can focus the dev hours on building their NFT marketplace
All without ever having to leave the marketplace. ๐
7/ So wen Outposts? ๐๐
The Crosschain Swaps contract discussion is live on Commonwealth, before going on chain.
The contract will enable trades on Osmosis to be carried out remotely from another chain connected to Osmosis by IBC.
commonwealth.im
The Crosschain Swaps contract discussion is live on Commonwealth, before going on chain.
The contract will enable trades on Osmosis to be carried out remotely from another chain connected to Osmosis by IBC.
commonwealth.im
8/ Outposts could be deployed on any IBC-enabled chain with
@CosmWasm implementation.
This is a great opportunity for Osmosis to provide liquidity to newly launched chain, saving development and bootstrapping work.
We could be seeing an Outpost on @SeiNetwork or @Neutron_org ๐
@CosmWasm implementation.
This is a great opportunity for Osmosis to provide liquidity to newly launched chain, saving development and bootstrapping work.
We could be seeing an Outpost on @SeiNetwork or @Neutron_org ๐
9/ Thank you for reading!
I hope you've found this thread helpful.
Follow me @Flowslikeosmo for more.
Like/Retweet the first tweet below if you can:
I hope you've found this thread helpful.
Follow me @Flowslikeosmo for more.
Like/Retweet the first tweet below if you can:
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