#OSMO Continued from above
12/N Beyond CEX
As the number one killer application of IBC, Osmosis has been online for just one and a half years, but it has experienced a lot:
1) After going online, the peak FDV exceeded $ATOM, and won $21 million in investment led by paradigmm, with unlimited success.
2) During the Luna incident, a large number of $luna and $ust fled from osmo, and $OSMO fell by 90%.
3) A low-level BUG this summer caused a loss of about $500,000, and the user will be compensated in full
🧑🚀However, osmosis still has the best on-chain innovation and user experience team, and also holds the user portal keplrwallet... (Can’t write anymore, will be updated on the homepage)