Here’s all you need to know about CUDOS listing on Osmosis
Cudos recently announced that they are now available on one of biggest Decentralised exchange(DEX) in Cosmos ecosystem Osmosis, this listing is very important for CUDOS as it opens the possibilities of Interoperability with Cosmos ecosystem for CUDOS, including that there are so many other benefits which we will discuss in this article.
We have listened so many times that one of main reasons CUDOS is building in Cosmos ecosystem is interoperability with other blockchains in the ecosystem and it’s far beyond from just an Dex listing but this is the first step which is always important to see the interoperable blockchains in action, Osmosis listing gives CUDOS an open market to interact with other blockchain in a decentralised manner. It’s different from exchanging tokens on ethereum, we are talking about inter-blockchain trading.
At the moment OSMO/CUDOS trading is live soon more blockchains will be added with Cudos as a trading pair.
Your keys, Your Crypto
So many people nowadays avoid trading on centralised exchanges as of recent events like projects going bankrupt, hacking attacks which shows that users don’t have any control on their assets while they are on a centralised platform.
Listing on osmosis gives CUDOS holders an option to stay in charge with their assets while they can trade it in a decentralised manner without any problem.
Earnings opportunities with liquidity pools
As osmosis is a decentralised exchange there is the concept of liquidity pools where you provide liquidity for buyers and sellers and can make a percentage of swap fee plus CUDOS offers 30% APR for the first 30 days. Cudos also hinted that they will bring more incentive programs in future.
Go add liquidity for CUDOS/OSMO trading pair on osmosis and enjoy some passive income while you are in full control of your crypto.
Ever expanding exchange ecosystem
Osmosis is the latest addition in the list of Exchange ecosystem of CUDOS, but it’s not the only way where you can buy CUDOS, recently CUDOS is also got listed on Crypto.com & apart from that CUDOS is also available on some of biggest exchanges in the industry which are Huobi Global, Kucoin, Bittrex Global and many others exchanges which may it easier for users to buy or sell CUDOS whenever they want from any corner of the world.
This listing opens the door of interoperability for CUDOS while it also gives full control to holders of their token. Cudos is adding more & more exchanges to the ever expanding ecosystem which makes sure that users will have enough options and CUDOS will have more exposure to investors who want to invest whether they want a decentralised option or they want to buy with Centralised platforms.
Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.