1/5 stOSMO liquidity on Osmosis just got a whole lot deeper.
17 Nov 2023, 13:14
1/5 stOSMO liquidity on Osmosis just got a whole lot deeper 🌊
In October, @OsmosisZone gov voted to deploy 20M OSMO to the stOSMO pool. Liquidity now in place.
Pool is now the deepest on Osmosis, and will help stOSMO become even more popular across the Cosmos.
Same news in other sources
217 Nov 2023, 13:14
5/5 In coming months, expect stOSMO to spread across Cosmos more than ever.
Now that 1) Osmosis gov has deployed liquidity to fortify the stOSMO pool, 2) stOSMO now earns significant real yield, and 3) a new bull market may be forming...
stOSMO usage could increase massively!
5/5 In coming months, expect stOSMO to spread across Cosmos more than ever.
5/5 In coming months, expect stOSMO to spread across Cosmos more than ever.
Now that 1) Osmosis gov has deployed liquidity to fortify the stOSMO pool, 2) stOSMO now earns significant real yield, and 3) a new bull market may be forming...
stOSMO usage could increase massively!
17 Nov 2023, 13:14
4/5 All this increased utility for stOSMO is super beneficial for Osmosis.
It means more people will hold their OSMO as opposed to selling, and it means OSMO will get more exposure across Cosmos.
Seeing stOSMO as collateral everywhere increases its prestige.
4/5 All this increased utility for stOSMO is super beneficial for Osmosis.
4/5 All this increased utility for stOSMO is super beneficial for Osmosis.
It means more people will hold their OSMO as opposed to selling, and it means OSMO will get more exposure across Cosmos.
Seeing stOSMO as collateral everywhere increases its prestige.