I am holding on to a the three alts I purchased. But my portfolio is 90%++ BTC/ETH, so altcoin performance is not a big deal for me. I have taken a haircut on ATOM, ALGO, and MATIC. I own a small bit of airdropped crypto from my ATOM (OSMO, JUNO, etc.), but I spent $0 purchasing them. I also own a small amount of YLDY from ALGO staking on the Yieldly platform that is basically worth $0 now. But again, I spent no money on YLDLY. I don't plan on selling ATOM, ALGO, or MATIC. But I also have not been investing additional sums in them. My DCA funds have always been exclusively directed towards BTC and ETH. This rule of mine applies to both bull and bear markets. I only dabble with altcoins with fun money during bull markets. Overall, my portfolio is fine. I have been in the crypto space since 2017, and this crypto winter is no worse than the last one. And the the last crypto winter was no worse than the one before it. Crypto will likely rebound eventually. The macroeconomy will dictate where it goes. BTC will likely do ok. ETH will likely be ok as well though ETH is a bit more risk (with more upside). The best performer will be some altcoin that maybe one out of thousand of us will pick. The other 99% or more of altcoins will get wrecked and probably never recover. The cycle will repeat itself again in some years.
I am going with a hard DISAGREE. Let say Binance loses its share. So where will the volume go? It is likely captured by Coinbase. But does that leaves a more decentralized outcome? I would say a hard “NO”. Coinbase is notorious with listing ETH crap before other projects. For example, a lot more L1 projects and alt USDC network didn’t even land on Coinbase before Coinbase listed the scam ApeCoin. This is especially funny when Circle adopted Solana as the official network and Coinbase didn’t even bother integrating Solana USDC until after FTX collapsed. A more recent example is how Coinbase immediately listed those L2 shitcoins like Arb and OP, while they took their time forever to list unique DeFi projects like OSMO. Why is it unique? It is one the few DEXes that can reasonably generate revenue for stakers, not shitcoin like Uniswap. In other words, it can turn itself into sustainable business based on DEX volume - unlike most DEXes forever remaining a perpetual Ponzi. On the other hand, shitcoins like Arb, you can’t even pay gas with. Worse of all, these are VCs heavy shit. Coinbase’s bias towards the ETH ecosystem is so blatant, absurd, and shameless. It is no wonder they launched their centralized network on ETH. The entire space has enough ETH favoritism. A decentralized space means no centralized authority swaying resources and resources to one network. Binance is a lot more impartial. Letting Coinbase takeover will be a nightmare for this space.
In terms of these 3, im be completely honest. Im more familar with MATIC and ATOM, MATIC to be specific. Currently MATIC in the area of L2 scaling for ETH, its the biggest. Also for matic, they have lots of updates in their project, recently unveiling their zkrollup to make sure its almost 0 gas fees for us. They are also gonna change the MATIC token to POL soon. 1:1 exchange for the next 4 years once the token is ready. For ATOM, its in the area of DEFI projects, like JUNO and OSMO. Also ATOM provide relatively high APR for their staking platform on COSMOS. Theres alot of liqudity pools for you to choose from in ATOM ecosystem and in terms of difficulty its relatively easy as long as you follow the instruction.
I bought like 5 at $15 but was salty I missed the airdrop by like two ATOM. I won quite a bit more playing Racoon Bet and have about 50 staked. I...SHOULD be buying more dca wise but there's so much more happening in the COSMOS I put my rewards into "new" stuff. A lot of JUNOs peril has to do with it being so permissionless on who launches what. So it going live mid Bull attracted pretty much nothing but Rugs. But that's kind of the glory of a token factory. It's the wild west of innovation... We just need someone to build something worthwhile, but ARCHWAY and likely OSMO "app store" will soon offer the same things. Now we have the WYND, WhiteWhale and Core1 drama too JUNO wise...Reese is doing his best though managing the chain V47 update broke a lot of shit he said.
These are indeed promising sectors. My current investments span various sectors, including DeFi with projects like OSMO, AAVE, and ATOM, Layer 2 with projects like MATIC and ARB, and AI/Big Data with a particular focus on OCEAN, which offers advantage of publishing data as NFTs on-chain.
I sold most of those airdrops, I didn’t hold to zero. So I’m not complaining lol Stride has dropped a fair amount of value through the entire bear market. Neutron may have been low for you, but not for me. Archway was a decent drop. There will be more, but if you choose to sell, do what’s best for you. I’m doing just fine in the Cosmos ecosystem for multiple years now, but I remain extremely active. The age of passive airdrops like Juno and OSMO are likely dove with.
Even OSMO is dropping like crazy, down to 33 cents, ATOM under $7.00 I didn't want to believe that ATOM would hit $5 but it sure looks like it's heading that way, at least I still believe ATOM will bounce back. JUNO probably isn't coming back from where it's at
A staking post without ATOM feels very incomplete. It's my number one when it comes to staking. The airdrops have dried up though, but I guess that's what the bears bring. I staked CRO for card benefits, a decision I regret greatly, just like JUNO, OSMO, EVMOS and most other Cosmos coins. One other token I've gotten joy from staking is OCEAN, It's liquid staking, and I use the veOCEAN token for Data Farming.
Godspeed with that one. I was super into Juno and a few other Cosmos coins that I'm just not sure will survive winter and see ATH again. Down to just ATOM, OSMO, and UMEE at the moment. Kinda feel like I need to pick up some Gelotto again lately though as a flyer.
That's the longest tl;dr I've seen today. Here's a tl;dr² >Cerberus chain ($CRBRUS) was a Cosmos blockchain that distributed tokens to stakers of ATOM, OSMO, and HUAHUA. It marketed itself as a serious memecoin but later agreed to shut down through a governance proposal due to its unsustainable nature.
>Eligible tokens include: Wormhole: Ethereum: USDC, ETH, WBTC, Arbitrum: USDC.e (arbUSDC), Polygon: USDC (maticUSDC), Optimism: USDC (opUSDC), Solana: USDC (solUSDC), BNB: USDT (bnbUSDT) IBC (Osmosis only): ATOM OSMO Axelar: Ethereum: axlUSDC Arbitrum: axlUSDC Polygon: axlUSDC BNB Chain: axlUSDC Very IMHO...I wouldn't have got the OSMO airdrop which led to about 5 figures of other airdrops in 2021 had it not been for someone in this daily getting me to stake ATOM in time. I do my best to pay it forward when big ones come around
Stream swaps are pretty cool, Osmosis has had this feature for a few months now, so far a few projects have used it to launch their tokens which all seem to have gone well but it hasn't brought very much value to OSMO yet. As far as accruing value for a DEX I imagine its effects will be most felt during the bull market when established projects start using it to take profits or diversify their treasuries.
I generate passive income through various platforms, including OSMO, ATOM, and OCEAN. On Osmosis, I engage in farming, while on the Keplr wallet, I single-stake my ATOM. Additionally, I maximize my earnings with OCEAN by locking it to receive passive rewards and actively curating high-quality assets using veOCEAN, which also earns me rewards.
>ATOM gave birth to the Cosmos ecosystem. So wouldn't it be cool if staked ATOM received OSMO, INJ, EVMOS, etc staking rewards? Beginning July 19th, it will 😁 Those tokens are part of Stride staking rewards, Stride will be sharing 15% with ATOM stakers. Stride ❤️ ATOM Stride tweeted this on July 3rd as well, if I understand correctly this means that staking ATOM will not only recieve ATOM, NTRN and STRD, but also a mix of every asset that is liquid staked on Stride.
I love Cosmos and IBC so much. I’ve been trying to mess with my moons on Arbitrum Nova all morning, trying to LP to the MOON/ETH pool on SushiSwap and it made me so mad. It’s like impossible to get anything done in the Ethereum ecosystem. So far I’ve spent $20+ dollars and 2 hours trying to get everything where I need it to be to LP $40 in the damn MOON/ETH pool. The entire time I’m wishing MOONs were a token on EVMOS, CANTO, JUNO, OSMO or one of the other smart contracting chains in the Cosmos ecosystem. The UX in Cosmos is next level compared to the ETH/L2 experience.
>Does anybody actually buy below top 50? If yes what and why? FLOW, IOTA, MINA, SUI, OSMO, CELO, AZERO, IOTX, NANO - Seemed like a good idea at some point. When next bull comes I will probably unload except those I still believe in.
I use XLM for transfers, OSMO for DeFi plays, ATOM for staking, STARS for NFT plays, etc. I use many projects out there for different purposes, like different bridges, Stride for liquid staking, Aave and Mars for Lending/Borrowing, Forge and Osmosis for LPing, and so on. Crypto tokens and crypto projects have been a very important part of my day to day activities for a few years now.
> ENJ Projects are abandoning this ecosystem. It takes them far far too long to get anything done. Also, is this not an unregistered security? There surely isn't an 'Enjin team' who you are expecting efforts from to increase the value of the coin, right?!!? > ROSE Good, but centralised validators. Also, currently dependent for privacy on Intel's buggy SGX. And as it's a privacy coin, it can't be listed in some countries, such as South Korea. Also, is this not an unregistered security? There surely isn't an 'Oasis team' who you are expecting efforts from to increase the value of the coin, right?!!? > 1INCH Last I checked, the token itself didn't really do much. Also, is this not an unregistered security? There surely isn't an '1inch team' who you are expecting efforts from to increase the value of the token, right?!!? > ENS Does the token itself do anything? > BLUR Why bother with the token? Also, is this not an unregistered security? There surely isn't an 'Blur team' who you are expecting efforts from to increase the value of the token, right?!!? > OSMO Just a DEX, isn't it? Why does this one deserve to be so high? There are other Cosmos projects and chains... Why does this one in particular deserve to be in the top 100? "It's an appchain!" Yeah, is that a good thing? Wouldn't it be more convenient if it was on the main Cosmos ATOM chain? Why will we be using this DEX in 2025, rather than something even more cross-chain such as Thorchain RUNE? Also, is this not an unregistered security? There surely isn't an 'Osmosis team' who you are expecting efforts from to increase the value of the token, right?!!?
This my perception of them being "good", without looking at tokenomics, but: ENJ, ROSE, 1INCH, ENS, BLUR, OSMO, AUDIO, AR, GLMR, JOE, ACH, ERG Man, so many of the top300 i know nothing about. I think I need to do some more research into what is their purpose.
I would say for the DeFi area and especially for the Cosmos ecosystem, it was Luna. UST was the defacto stablecoin in Cosmos, projects like KAVA and OSMO have not come close to recovering. But UST was also increasingly popular in the rest of the DeFi space. The crash wiped out lots of money in the market. Across the board, I would say FTX was worse.
OSMO- First off LUNA crashed and UST was the only stablecoin in the Cosmos ecosystem at the time, LP was locked for 14 days and it was drained as there wasn't any features in place to mitigate the losses from such an event. But that is not the only issue, the token is inflating heavily because the community pool is far too massive and keeps being used for incentives in such a way that it has become more like a farm token than a DEX token. If you are a founder of some project you can convince Osmosis to use some OSMO from their community pool to match the external incentives that you gave to a liquidity pair using the community pool of your own project. Then you can take your founder's bag and farm both token incentives to dump them for ATOM or USDC. The DEX itself is fantastic but I regret speculating on its token, I should have put all of that money into ATOM instead.
Yeah, I'm cool with ATOM, OSMO, and SCRT. Osmosis has been a gigantic gateway to assets exchange on Cosmos hub but it looks like Shade Protocol is changing the game with its ShadeSwap DEX since the start of Secret Surge. It's unprecedently becoming the Cosmos hub for liquidity.
Gotta copy n paste your addy into mintscan. I have a modest chunk of airdrop crypto to swap and as you might’ve guessed I’m predominantly cosmos based. I can’t decide what to grab everything looks out of order. Thinking SCRT, OSMO (?), ATOM duh. Haven’t really looked at INJ
Look at Osmosis. There is a project called IBCX. This is like an ETF iron mutual fund for Cosmos. It's a basket with all the top assets out there, including ATOM, OSMO, and other assets throughout the Cosmos. ATOM alone won't capture all that value
I'm invested in L2 & DeFi projects. So I currently hold ARB, CTSI, OSMO & GRAIL. I'm earning staking rewards for staking CTSI at a 20% APR, and GRAIL rewards on Camelot LP farm. In the coming months, I would include ADE & SYNC once they launch. I think that's the only change that would happen, for now.
During last year I fell for the DAO FOMO and tried getting in the action. What I managed to salvage was invested into ATOM. Few hundred bucks turned into 90 bought when it was around like 8 bucks I staked it and the rewards I used them to start diversifying into other coins and I also started locking my coins up on a liquidity pool. My main bag is ATOM BTC ETH FTM OSMO. (The amount I invested in crypto is small cause mainly this for me is just a hobby)
You can swap ATOM for those coins on the Osmosis Dex within the Cosmos ecosystem. Also, by staking ATOM, OSMO, JUNO, etc (combos of coins within the ecosystem, etc) within Keplr wallet, you can vote on governance proposals and be eligible to receive airdrops.
PSA for ATOM stakers not tracking, 1st ICS chain (Neutron) went live two days ago and is making blocks. That one will be a bit like JUNO/EVMOS as a general purpose smart contract layer. Next ICS chain which has passed a signaling proposal and is being developed now is Stride, a liquid staking chain. This means native staking ATOM will pay out in liquid staked tokens for the chains Stride supports. (e.g. ATOM itself, OSMO, JUNO, INJ, etc.) Rewards will be small but still a really cool practice.
2nd ICS chain for ATOM vote going on. This time for Stride, which focuses on liquid staking a number of Cosmos chain assets, so staking ATOM natively would get you liquid staked ATOM, along with OSMO, JUNO, INJ, etc. Highly advise voting on it for active stakers due to the airdrop "waves" they're doing.
It’s not just Coinbase. I’ve had a similar problem with ALGO/Tinyman and ATOM/OSMO. Why swapping, trading, staking and unstaking can’t figure out how to incorporate any fees into ‘Max Amount’ is beyond annoying. I always end up with dust. Which, while worth nothing, needs to be reported at tax time. [Coinbase still has ALGO dust from my swap to bitcoin and ETH2 dust even though that has been traded for bitcoin.]
It's encouraging to see the growth of decentralized exchanges (DEXs) and the increasing interest in decentralized solutions. In terms of which DEXs are most likely to be successful in the next bull run, it's important to consider a range of factors, including user interface, security features, transaction speed, and the strength of the community. Osmosis ($OSMO) is a DEX on the Cosmos network that offers efficient token swapping and a user-friendly interface. Its unique focus on providing liquidity for Cosmos assets has helped it to stand out from other DEXs. The OSMO token has utility as a governance token, giving holders a say in platform decisions, and can also be staked to earn rewards. Also, it is used for Mesh security. RUNE is the native token of THORChain, a DEX that enables cross-chain swaps without requiring a trusted third party. It has gained attention for its security features and fast transaction processing times. The project has a strong community and has the potential for further growth as it expands to support more blockchain networks. WOO is a DEX built on the Solana blockchain, which offers fast transaction times and low fees. The platform rewards users who stake their tokens and provide liquidity to the network. WOO's unique tokenomics system incentivizes users to help maintain the ecosystem, and its user-friendly interface makes it accessible to a wider range of users. TraderJoe ($JOE) is a DEX on the Avalanche network that offers fast and cheap transactions. Its liquidity mining programs allow users to earn rewards for providing liquidity to the platform, and the JOE token can also be staked to earn rewards from protocol revenue. The project has a strong community and has been praised for its user interface and range of features. PancakeSwap ($CAKE) is a DEX on the Binance Smart Chain that offers staking, yield farming, and a lottery system. Its low fees and efficient trading capabilities have helped it to become a popular choice among users. The platform's strong community and innovative features could make it a promising option for the next bull run. Finally, GMX is a DEX built on the Arbitrum network, which offers low fees and fast transactions. The platform's limit order trading and reduced risk of front-running make it a unique offering in the market. The GMX token provides holders with governance rights and allows them to participate in decision-making processes for the platform. In conclusion, there are many promising DEXs to consider, each with their own unique features and advantages. It's important to conduct your own research and consider your own investment goals and risk tolerance before deciding which DEX to use or invest in.
any dex that actually keeps building, has good volume, uses the fees to pay liquidity providers and is available on multiple chains such as: traderjoe $JOE (best lp protocol) WOOdex $WOO (easiest in use, feels like a cex) Haven protocol $XHV (uses monero to provide privacy) osmosis $OSMO (mesh security, highest dev activity of all dex’es)
Correct, most of the LP rewards are paid in OSMO so it is very easy to compound the rewards from multiple pools into a single one When the charts are green I like to add my OSMO rewards into a stablecoin pair because that is basically like selling half then bonding the halves together at a favorable rate. During red days I stake the OSMO (not LP) and DCA into the least valuable pair among a selection of ones that I want more exposure to.
Maybe it's hopium talking but I have a feeling that OSMO will perform well because its tokenomics are improving to have more of the yield coming from transaction fees instead of through inflation. The only time OSMO burned me was when Terra crashed, UST was the only stablecoin in the Cosmos ecosystem at the time so it burned down basically everything... Now that there are multiple stablecoins and USDC can be minted natively on Noble and transfered to any IBC enabled chain the risk of that kind of collapse happening again is much less likely. I have a good feeling about the Cosmos ecosystem as a whole so it makes sense for me to be optimistic about Osmosis since it is not only the largest DEX within that space but it also has a lot of features that I haven't seen anywhere else yet.
I mean the blockchain is public info, he can see everything and guess what's going down before it's going down by just watching transactions to a DEX etc. The reason I gloat is mostly b/c SHADE Protocol was built using the SCRT Network. All compute transactions etc are therefore private. The icing on the cake is also that it's LP etc is primarily driven by LSDs (Liquid Staking Derivatives) which allows for 0 day unbonding periods for LP providers. Thanks to the IBC and SHADEs / SILKs popularity since the full launch last month, other IBC enabled DEXs like OSMO and WYND should be able to utilize the front running resistance soon too.
Some of the best DeFi projects don't necessarily have the most profitable tokens. Which is something to consider when investing, else you might just be frustrated. Take OSMO for example, great project with amazing pools and features, but it doesn't do so much for the token. My most used defi project right isn't even pure defi, OCEAN, it's more like DataFi but I see how much the mechanism incorporate the token and the room for growth. That's how I choose, working for me so far.
Man I don't know, you just can't understand this market. Been expecting a pullback for a week but it just keeps going up. I've started swapping my yields to stables instead of adding to my INJ position, just to de-risk a bit. Maybe you can consider swapping just your ATOM/OSMO yields to INJ to have exposure, that's how I started.
I was either gonna do stOSMO-OSMO LP or stATOM-ATOM LP and when I looked the atom one had better incentives at the moment APR-wise. Take that with a grain of salt though because outside very surface level "research" I don't know shit about fuck. Maybe someone more knowledgable than me will scroll past and drop some info.
During the the bull market I was swapping all of my OSMO rewards (about $50 per day) into a stable coin LP. I did that for months because I thought the prices were unsustainable. The only issue is the pool I was putting rewards into was OSMO/UST.
I'm using crypto for a number of the above cases. I have used OCEAN and CTSI to book flights on Travala before. I also like the idea of using crypto for governance. I have voted in a number of proposals with OCEAN before. CTSI also has upcoming proposals which I'm looking forward to. ATOM, EVMOS, OSMO, and OP are some of the projects I have participated in their governance.
New chains/tokens in the cosmos ecosystem often have airdrops for people staking ATOM and a few others. For best chances of being eligible for airdrops it’s best to be staking at least the following: ATOM OSMO JUNO SCRT EVMOS Try stake on validators outside the top 20, and avoid the ones that offer 0% commission. Check out the subreddit r/cosmos airdrops for updates on the latest airdrops.
Same story... I've unbonded my pools on OSMO. Reorganized my holdings, cut some losses... For me, it's gotta be a really interesting project with excellent tokenomics etc for me to hold for now... Now, once we're back in the bull I might hold just bc of market sentiment. But for now, AirDrops are an immediate trade away.
I deposited some ATOM to Osmo and decided to play around. Added liquidity to the stOSMO/OSMO pool and bonded. Not a huge amount, but just testing the waters. Thanks for the reply. FYI, it was one of your comments that persuaded me to buy ATOM for the first time, probably about a year ago now.