TLDR Crypto · INNOVATION & LAUNCHES

SUPERCHARGED LIQUIDITY POOLS TO DEPLOY ON OSMOSIS

blockworks.co2 min read

Summary from the TLDR Crypto newsletter

Osmosis, a decentralized exchange built on the Cosmos network, has received community approval to deploy supercharged liquidity pools. This upgrade allows liquidity providers to concentrate their assets and earn more rewards based on actual usage. The proposal received over 96% of the community's votes. The first supercharged pool will involve the DAI/OSMO assets. The migration of existing pools and the creation of new pools will follow a governance process until all curve pools on Osmosis are migrated. Whitelisted assets, including OSMO, USDC, and DAI, will be initially available for permissionless pool creation. The v16 upgrade is scheduled for late June.