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Osmosis Prepares for v16 Magnesium Upgrade to Introduce Supercharged Liquidity Pools and Tokenomics Revamp

Decentralized cryptocurrency exchange Osmosis is gearing up for its v16 Magnesium upgrade, which will introduce supercharged liquidity pools. This new feature allows users to set positions in spot pricing intervals, granting them greater flexibility over the use of assets. Liquidity providers will also be able to secure positions across an entire price range.

The upgrade is set to take place on July 13 and will initially introduce the DAI/OSMO pool. Additionally, Osmosis is revamping the tokenomics of its native token, OSMO, to reduce inflation and realign emissions to favor stakers over liquidity providers.

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