Osmosis

Osmosis is an advanced AMM protocol built using the Cosmos SDK that will allow developers to design, build, and deploy their own customized AMMs.

Osmosis is airdropping a total of 50,000,000 OSMO to ATOM stakers. A snapshot of ATOM stakers was taken on February 18, 2021, in which eligible participants will be able to claim 20% of the tokens immediately and the remaining tokens can be claimed after completing the required tasks mentioned below.

Step-by-Step Guide:
  1. Visit the Osmosis airdrop claim page.
  2. Connect your Keplr wallet or import your Cosmos mainnet address to Keplr to be able to claim the tokens.
  3. If you’re eligible, then you will be able to claim the tokens.
  4. A snapshot of ATOM stakers was taken on February 18, 2021, during the Cosmos Hub Stargate Upgrade.
  5. Users who were staking only in a non-custodial wallet are eligible to claim the airdrop.
  6. 20% of the airdrop allocation can be claimed immediately and the remaining 80% can be claimed once a user performs certain on-chain activities:
    • Making a swap
    • Add liquidity to a Pool
    • Stake OSMO
    • Vote on a Governance Proposal
  7. The full allocation can be claimed only if a user completes all the above tasks in the first two months after the launch. After two months, the claimable OSMO per account will decrease linearly over the next 4 months.
  8. All unclaimed OSMO after six months of the launch of Osmosis will be transferred to the on-chain community pool.
  9. The number of tokens a user receives is proportional to the square root of its ATOM balance at that time, with a special 2.5x multiplier for staked ATOMs.
  10. For more information regarding the airdrop, see this Medium article.
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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview


  • Website: https://osmosis.zone/
  • Ticker: OSMO
  • Total Supply: 300,000,000 OSMO
  • Twitter:
  • Telegram Group:
  • Medium:
  • Github Repository: