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Osmosis (OSMO)

What is the Osmosis Zone?​

Here are five key points about Osmosis:

Osmosis is a decentralised exchange (DEX) built on the Cosmos SDK that uses an automated market maker (AMM) model.

It connects seamlessly with the broader Cosmos ecosystem via the Inter-Blockchain Communication (IBC) protocol.

Users can provide liquidity to pools and earn rewards through transaction fees and yield incentives.

Osmosis governance is run through a decentralised autonomous organisation (DAO), allowing token holders to vote on upgrades and proposals.

OSMO, the native token, is used for transaction fees, governance, and staking to help secure the network.

Tip: Learn more by reading our guide: What is the Osmosis blockchain?

Osmosis on Wraith Wallet​

Wraith Wallet fully supports Osmosis, allowing you to:

Buy Osmosis (OSMO) with debit or credit cards.

Store OSMO securely in a self-custodial wallet.

Send and receive OSMO directly.

Stake OSMO to earn rewards.

Receiving OSMO​

Open Wraith Wallet, tap Receive, and select OSMO.

Copy your Osmosis address and share it with the sender.

Memo is not required when receiving OSMO in Wraith Wallet.

Sending OSMO​

Tap Send in Wraith Wallet.

Enter the recipient’s Osmosis address or scan their QR code.

Input the amount of OSMO to send.

Confirm the transaction after checking you have sufficient balance to cover fees.

Transaction fees on Osmosis​

Fees on Osmosis are paid in OSMO.

Swaps and staking transactions contribute to liquidity provider rewards and validator incentives.

Validators may also take commission on staking rewards delegated to them.

Checking balances​

Wraith Wallet connects directly to the Osmosis blockchain to display your OSMO balance.

Tap the three dots in your wallet and select View address on MintScan.

MintScan is the default Osmosis blockchain explorer integrated with Wraith Wallet.

Why use Wraith Wallet for Osmosis?​

DeFi ready: Access staking, liquidity, and trading in one place.

Security first: Private keys stay encrypted and under your control.

User friendly: Simple interface for managing OSMO, staking, and governance.

Conclusion Osmosis (OSMO) is a leading DeFi hub within the Cosmos ecosystem, enabling decentralised swaps and liquidity provision. With Wraith Wallet, you can easily manage OSMO, stake for rewards, and participate in governance while keeping full custody of your assets.

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