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Osmosis to Adopt'Free 'Bitcoin Bridge Through Nomic
The Osmosis DAO will vote to approve a "fee-free" bitcoin bridge proposal using Nomic, a decentralized bridge protocol. Currently, 91.7% of voters support the proposal, which aims to enhance bitcoin liquidity on the platform by removing existing bridge fees. Nomic allows users to deposit bitcoin directly into Osmosis to access its bitcoin-backed asset nBTC, with an existing deposit fee of 1% and a transfer fee of 0.5%. If the proposal passes, the bitcoin bridge fee on Osmosis...
2024-06-21 13:08:10
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