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Cosmos ecosystem a thrill ride after surprise Binance listing

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Cz announced on Twitter last night that Osmosis would be listed on the Binance innovation zone. This area is for newer coins they've listed.

"The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens." https://www.binance.com/en-ZA/support/announcement/7ab5677c3fe544b282259fcc8b884b0c/

Osmosis is by far the largest DEX in the cosmos with 250m tvl. It has a finite supply and regularly undergoes a halving process to curb emissions. You can either stake osmo for rewards or pool them and earn not only trading fees, but enable liquid staking, and additional incentives from osmo/paired coin.

One could fairly compare this to Osmosislab's own Osmosis frontier trading area, https://frontier.osmosis.zone/ where new Cosmos ecosystem projects can be listed in a permissionless way.

After the announcement several Cosmos coins skyrocketed with ATOM grabbing a 6% gain in 1 15 minute candle and Osmo gaining over 25% overnight.

submitted by /u/DefiantHamster
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