Osmosis officially announces total revenue exceeding 20 million USD, supporting sustainable ecosystem development.
Osmosis's revenue is used to support staking participants, the Bitcoin accumulation plan, and expand the community funding pool, while optimizing the OSMO Token economic model.
MAIN CONTENT
Osmosis drives revenue over 20 million USD to develop the ecosystem.
Revenue supports staking participants and the Bitcoin accumulation plan.
The plan optimizes the OSMO economic model to achieve a net deflationary state.
How much revenue has Osmosis achieved and how is it used?
Osmosis announces revenue over 20 million USD, focusing on sustainable ecosystem development.
On August 21, Osmosis confirmed that its protocol generated revenue exceeding 20 million USD. This amount is not only used to support staking participants but also to invest in Bitcoin accumulation plans and increase community funding. This helps promote the long-term and stable development of the network in the cryptocurrency field.
What plans does Osmosis have to optimize the OSMO Token economic model?
Osmosis expects to finalize the OSMO economic model to enhance sustainability and reduce Token inflation.
Key actions include increasing Bitcoin reserves and setting a net deflationary goal for the OSMO Token by the end of the year. This optimization helps enhance the value of the Token through supply control while encouraging community staking participation in the ecosystem.
This revenue is an essential driving force for Osmosis to continuously develop sustainably and provide tangible benefits for users as well as the larger community.
Quoted from the official Osmosis report, August 2024
What are the main benefits of revenue over 20 million USD for the community?
Revenue helps ensure benefits for staking participants and increase Bitcoin accumulation, contributing to enhancing the ecosystem's reputation.
Thanks to a stable revenue source, Osmosis can provide attractive rewards for delegators while supporting community projects. The interest in Bitcoin accumulation also helps protect the ecosystem's assets from market volatility, enhancing investor and developer trust in the platform.
Frequently Asked Questions
Where does Osmosis generate revenue?
Revenue comes from activities within the protocol such as transaction fees and staking support services.
How is Osmosis's revenue used?
Support staking participants, community development, and Bitcoin accumulation to enhance security and value.
When does Osmosis expect to achieve a net deflationary state with the OSMO Token?
The target is to be achieved by the end of 2024, according to the economic model optimization plan.
What are the benefits of Bitcoin accumulation for Osmosis?
Helps protect the ecosystem's assets and increase long-term competitiveness.
How will the OSMO economic model change?
Optimized to balance supply and promote sustainable development.
Source: https://tintucbitcoin.com/osmosis-protocol-vuot-doanh-thu-20-trieu-usd/
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