Ecosystem builders carry Bitcoin to Cosmos community

Osmosis, the biggest decentralized alternate (DEX) on Cosmos, will likely be bringing (BTC) to the namesake inter-blockchain communications (IBC) protocol along with Nomic and Kujira.

Based on an October 3 announcement through the Cosmoverse 2023 Convention, customers can switch Bitcoin to the Cosmos community through Osmosis’ Nomic bridge for 1.5% of the transaction worth. Customers then obtain Nomic Bitcoin (nBTC), an IBC-compatible token issued by Nomic Chain, on a one-to-one foundation. The nBTC could be purchased, bought, and used to offer liquidity on Osmosis. They’re additionally usable throughout greater than 50 Cosmos-linked app chains.

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