Osmosis v16 Magnesium Upgrade is Here!

Osmosis v16 Magnesium Upgrade is Here 🧪

Osmosis is getting a new set of features with concentrated liquidity and programmable pools, like Uniswap V4.

Is Osmosis cementing a position as Cosmos' version of Uniswap? Let's unpack the Magnesium Upgrade below.

The upgrade introduces Supercharged Liquidity, Osmosis's implementation of concentrated liquidity, offering 200-300x increase in capital efficiency for liquidity providers.

With Supercharged Liquidity, traders experience reduced price impact and superior execution prices, enhancing the overall trading experience.

We've seen similar positive results with Uniswap v4, and it's just awesome to see Osmosis adopting similar improvements so fast!

Osmosis's traditional liquidity pools had inefficiencies due to liquidity deployed far beyond trading ranges.

Supercharged Liquidity allows custom trading ranges, boosting fee earnings exponentially within the selected range.

Liquidity providers can actively manage their positions to ensure optimal fee revenue by adjusting the trading range as needed.

Actively-managed concentrated liquidity vaults are also in the pipeline for ease of use.

Supercharged Liquidity acts as a limit order engine, enabling "ranged limit orders" that earn swap fees during order execution. A unique and powerful feature for traders.

CosmWasm Pool Module lets developers create and manage liquidity pools backed by smart contracts. These pools can be upgraded without the need for a chain upgrade.

Multi-Asset Fee Whitelisting allows payment of transaction fees in any whitelisted asset. An upcoming governance proposal will streamline onboarding with multiple fee assets at once.

The upgrade is scheduled for block height 10517000 on July 13, 16:00 UTC. DEX, staking, and governance features will be unavailable during the upgrade.

Osmosis's Magnesium upgrade brings exciting improvements, boosting efficiency and functionality. Stay tuned for more innovations on the Osmosis platform!