Namada Eyes Partnership with Osmosis, Promises Privacy Advancements

In a bid to enhance the cryptocurrency landscape, Namada, a privacy-focused Layer 1 (L1) blockchain platform, has hinted at a possible partnership with Osmosis, another L1 blockchain. Christopher Goes, co-founder of Namada, believes the collaboration would not only bring added value to both ecosystems but also specifically benefit holders, stakers and liquidity providers of $OSMO tokens.

Timeline of Osmosis

Namada and Osmosis collaboration: Enhancing privacy-focused blockchain through grants and partnership. Airdrop initiative: Token distribution to community members for engagement and broader adoption.

Namada, a privacy-focused blockchain that will be going live soon, is looking to partner with Osmosis, an automated market maker (AMM) built on Cosmos. To achieve this, Namada has proposed a “public goods partnership” and an airdrop of its native NAM token to the Osmosis community- OSMO holders, stakers and liquidity pool (LP) providers.

Top US crypto exchange Coinbase has added a Cosmos (ATOM)-based decentralized finance (DeFi) project to its listing roadmap, giving the altcoin a price boost amid the ongoing market doldrums.

Osmosis announced enhancements to its first order-book-specific layer 1 blockchain, Sei Network, to optimize on-chain order-book activity and trading via a Twitter thread published October 31. The post Osmosis making enhancements to order book specific layer one network, Sei appeared first on CryptoSlate.

Osmosis founder Sunny Aggarwal took to the Comosverse stage in Medellin on September 26 to speak not about Omosis but mesh security systems. The post Osmosis co-founder reveals cross staking through mesh security in chainmail armor at Cosmoverse appeared first on CryptoSlate.

Osmosis has unveiled a demo NFT builder that allows users to mint NFTs and unlock accessories as they interact with the ecosystem, according to a June 20 tweet. The post Osmosis unveils a demo NFT builder appeared first on CryptoSlate.

Following a bug in Osmosis that “allowed liquidity providers to earn an extra 50% when adding and withdrawing liquidity,” the chain was halted to avoid further damage to liquidity pools. The post Osmosis back online after fixing bug that caused liquidity exploit appeared first on CryptoSlate.

Osmosis is the latest crypto project to encounter an unexpected attack, as the looters made away with $5 million. The past few weeks haven't been easy for crypto projects, especially exchanges.

Osmosis will cover the exploit losses reportedly as the cause of the liquidity pool exploit was identified and a new blockchain update will be pushed in the next 48 hours so let's read more today in our latest blockchain news. The Osmosis chain will remain halted for the next two days after a liquditiy pool

After yesterday's drain attack, the Osmosis team published an update thread on Twitter stating that all the losses will be compensated. The post Osmosis team says ‘all losses will be covered' appeared first on CryptoSlate.