TL;DR
- Osmosis and Astroport, two major players in the decentralized finance (DeFi) sector, have announced a collaboration to deploy programmable liquidity pools on Cosmos, enhancing liquidity and offering more options for yield farming.
- The collaboration extends Astroport’s reach and interoperability within the Cosmos ecosystem, while also benefiting Osmosis by bridging the gap for pools not well suited for active concentrated liquidity.
- This partnership sets a precedent for future collaborations and innovations in the Cosmos DeFi landscape, highlighting the potential of DeFi protocols to collaborate and innovate, leading to a more robust and interconnected DeFi ecosystem.
Two major players, Osmosis and Astroport, have announced a collaboration to deploy programmable liquidity pools on Cosmos. Osmosis, the largest interchain decentralized exchange (DEX) on Cosmos, is set to host Astroport’s passive concentrated liquidity (PCL) pools. This move is expected to benefit both protocols.
Osmosis 🤝 Astroport
“Competition is good, but aligning for the benefit of the community is even better.” — @sunnya97
h/t @akibablade + @CryptoSlate ✍️ https://t.co/ES31jC9jyk
— Osmosis 🧪 (@osmosiszone) March 13, 2024
Astroport, another Cosmos-based DEX, has been gaining traction as an important liquidity backbone for the Cosmos ecosystem. The collaboration with Osmosis extends Astroport’s reach and interoperability within the Cosmos ecosystem, while also providing value to Osmosis by bridging the gap for pools not well suited for active concentrated liquidity.
The deployment of Astroport’s PCL pools on Osmosis will generate a 0.1% fee for Osmosis, to be split between the Osmosis community pool and the OSMO staking pool. Standard PCL pool fees will flow back to xASTRO stakers.
This partnership between Osmosis and Astroport is a testament to the growing synergies within the Cosmos ecosystem. It highlights the potential of DeFi protocols to collaborate and innovate, rather than compete, leading to a more robust and interconnected DeFi landscape.
How Osmosis and Astroport are Shaping the Future of DeFi
The collaboration is expected to boost the Cosmos DeFi ecosystem by enhancing liquidity and offering users more options for yield farming. It also underscores the commitment of both Osmosis and Astroport to drive innovation and growth in the DeFi sector.
As the DeFi space continues to evolve, collaborations like this one between Osmosis and Astroport are likely to become increasingly common. They represent a win-win situation for all parties involved – the protocols themselves, their users, and the broader DeFi ecosystem.
In conclusion, the collaboration between Osmosis and Astroport marks a significant milestone in the Cosmos DeFi landscape. It sets a precedent for future collaborations and innovations, paving the way for a more interconnected and robust DeFi ecosystem.
