Hey All,
Osmosis had recently Revamp their App or I should rather say chain by introducing Supercharged liquidity. This is being called as an Revolution in Decentralized Market Making. And I must say that Supercharged liquidity has been gaining a lot of attraction as you can see it yourself from the numbers seen from the following image. As an example the stATOM/ATOM pool which is #1136 is also supercharged having pool #liquidity close to $4.67 Million along with $325K trading volume in last 24 hours.
Supercharged liquidity - What is iT?
Supercharged liquidity is Osmosis’ take on concentrated liquidity, designed to equate to users specifying pool positions — and granting flexibility over the use of assets in the process.
It basically revolutionizes the concept of decentralized market making. If you look at the traditional decentralized finance, liquidity providers (LPs) were often compelled to adopt a simplistic strategy that forced them to provide liquidity in infinite ranges. But now here with #Supercharged #Liquidity it allows LPs to choose their preferred price range rather than sticking to the traditional full range (0 to infinity). This introduces an unprecedented level of capital efficiency i.e. to more return and practically estimated at a 100 to 300x increase. That what the everyone is saying about supercharged liquidity but we are yet to experience these type of returns i near future. I would be more happy if I could get 100x returns from here but lets see what the future beholds for #Supercharged #Liquidity; exciting times ahead here on the #Osmosis chain.
My Stake in stATOM/ATOM #Supercharged liquidity Pool
As you can see I have almost $700 parked in stATOM/ATOM #Supercharged liquidity Pool and am getting rewards in the form of #atom, #statom and #osmo tokens and there is worth $0.12 rewards ready to be claimed. Earlier I had missed this opportunity of migrating to the #supercharged pools as during the initial launch there was a migration bonus of 5% to encourage users to transition to the new system. Anyways no regrets for that and I am now happy that I did migrate and have increased my earning potentials with #Supercharged liquidity. The current of this pool #1136 is above 6% which in DeFi space is not considered a great return..yeah I know it. But one needs to diversify and I have this investment on the Osmosis chain for quite some time and it continues to grow where at times I book profit and further diversify my crypto portfolio.
Final word I will continue to monitor my earnings here and if I see an opportunity to further enhance my stake if #atom further goes down then definitely I would be increasing my stake in the pool. I do have other investments here on #osmosis where I have provided liquidity for EVMOS/stEVMOS as well so the plan would be to exit from this pool and redirect all the funds to stATOM/ATOM #Supercharged liquidity Pool... cheers
Have Your Say on Supercharged Liquidity..
Did you notice #Supercharged liquidity on Osmosis change? #HODL Vs #SELL are you selling or holding your #atom or #osmo tokens? Which mode did you select - Passive Vs Aggressive? Let me know your views in the comment box below...
#osmosis #atom #defi #blockchain #decentralization #dex #supercharged #liquidity #superchargedliquidity
Best Regards
ImageCourtesy: leofinance, peakd, procanva, coingecko, osmosis
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheers