💻Being a validator providing on-chain security for Osmosis chain, Zenscape is committed to supporting our partners at significant points along their journey.
One year after mainnet, @osmosiszone, the largest interchain #DeFi AMM, will undergo its first "thirdening".
🧪Osmosis' thirdening, a play on the #Bitcoin "halvening", is an annual emissions reduction event where the amount of $OSMO released into circulation is reduced by a third.
Emissions will be continually reduced until the asymptotic max supply of 1B $OSMO.
⚛️Soon the #CosmosEcosystem will witness the first $OSMO reduction, which is a widely used yield farming asset & provides liquidity for many IBC pairs.
With less supply & constant demand due to its yield farming abilities, $OSMO's price is likely to appreciate over time.
⚗️With Osmosis being a crucial component of interchain asset exchange, the reduction of $OSMO is significant for the Cosmos ecosystem as a whole.
Should $OSMO's price rise, this provides greater liquidity to IBC pools, thus deepening the liquidity for the interchain.