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Osmosis, an advanced automated market maker (AMM) protocol that allows developers to build customized AMMs with sovereign liquidity pools. Built using the Cosmos SDK, Osmosis utilizes Inter-Blockchain Communication (IBC) to enable cross-chain transactions. | Osmosis, an advanced automated market maker (AMM) protocol that allows developers to build customized AMMs with sovereign liquidity pools. Built using the Cosmos SDK, Osmosis utilizes Inter-Blockchain Communication (IBC) to enable cross-chain transactions. | ||
Osmosis was founded by Osmosis Labs founders Sunny Aggarwal and Josh Lee. Upon raising $21 million in an October 2021 token sale, Osmosis has generated a loyal core of users and established itself as a core feature within the Cosmos ecosystem. | |||
== Why Osmosis? == | == Why Osmosis? == |