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Exchange USD Stablecoins at Osmosis and trade instantly without registration

Oct 27, 2021

In October, LikeCoin developed at an ultra-high speed, and important good news came one after another. The first big thing is $LIKE listing Osmosis.

$LIKE Lists Osmosis

In October, LikeCoin developed at an ultra-high speed, and important good news came one after another.

Now you can trade more than a dozen currencies including the USD stable currency UST with LikeCoin on the Osmosis Decentralized Exchange (DEX) without registration, no deposit and withdrawal thresholds, and users only need an electronic wallet to operate , the whole process is decentralized.

To use Osmosis, you need to log in with the Keplr wallet. If you use Liker Land wallet to store LikeCoin, you can transfer LikeCoin to the address managed by Keplr, and then log in to Osmosis.

LikeCoin becomes one of the founding "IBC Partners"

The smooth access of LikeCoin to DEX is based on the previous community's support for the IBC proposal and the successful upgrade. The positioning of Cosmos is "Internet of Blockchains", IBC is the infrastructure linking the public chain, and LikeCoin is one of the 18 most active IBC projects in the Cosmos ecosystem, so it has received widespread attention.

Osmosis #51 Proposal Passes Support for LikeCoin

Assist in providing LikeCoin liquidity and obtain substantial returns

Over the past weekend, the Osmosis community passed Resolution No. 51 , confirming that users who have contributed funds to participate in the LikeCoin Liquidity Pool (Liquidity Pool) are rewarded, and users who have invested funds in LikeCoin's "Liquidity Mining" can therefore expect Get attractive returns over 100% annualized,

Thank you to the Osmosis community for your attention and support, and to everyone who helped vote.

The principle of liquidity mining is that participants contribute to the establishment of a liquidity pool for any user to buy and sell. The transaction fee (currently 0.3%) is charged during the process and is divided equally by the investor according to the amount of the fund. In addition, Osmosis will give additional rewards according to the consensus of Proposal #51. funder. High-return liquidity mining is expected to encourage more users to invest funds, improve the liquidity of LikeCoin, and create demand.

LikeCoin will be listed on the DEX homepage

The LIKE/OSMO and ATOM/LIKE fund pools supported by Osmosis will also be listed on the homepage of the exchange, greatly increasing the exposure of LikeCoin.

Listing on Osmosis is an important step in the decentralization of LikeCoin. On the basis of IBC, LikeCoin can be connected to other Cosmos ecosystem DEXs such as Emeris and Sifchain , to help users fully and flexibly control their LikeCoin assets. Currently, the LikeCoin community is proposing motion No. 21, which proposes to allocate LikeCoin equivalent to USD 250,000 from the ecological development pool to establish a liquidity pool in Emeris.

List of pools currently at the top of the Osmosis Pool page. LikeCoin will be one of them.

Try early to catch the craze

Enthusiastic community members have written detailed tutorials on how to use the Osmosis exchange. Here are a few selected to share with you. You can find more articles on Matters' #Osmosis thread . Unlike traditional centralized exchanges, using DEX does not require registration, no card identity authentication, and only owes you the determination to operate! Try it now!

【Trade to Osmosis now】

LikeCoin is a decentralized publishing infrastructure that assists authors in registering content to the blockchain and writing down permanent credentials ISCN to achieve content authorization, verification and traceability.