Cosmos Ecosystem DEX Osmosis Submits New Proposal to Cut Swap Fees in Half

Cosmos Ecosystem DEX Osmosis has released a new proposal that provides a new simple yet powerful feature for Osmosis: Discounted Multihop Fees. With the new proposal, any 2-pool trade that go through $OSMO as the intermediary token will have their per-pool swap fee cut in half. The team said that while this reduces per-trade fee revenue for LPs, it will increase the total trade volume, and likely revenue on Osmosis pools.
Source

Cosmos

DEX

In This Article

Related News
Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit Sui DEX Cetus Protocol restarts platform after recovering from $223 million exploit
Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit
Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
Pump.fun launches DEX called PumpSwap to instantly migrate graduated token Pump.fun launches DEX called PumpSwap to instantly migrate graduated token
Latest News More More
1 Day Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
4 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
5 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
5 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open