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Osmosis to End Osmosis Pay Card Spending on August 7th
By Exbasi Intelligence
Sourced from Coindar
Osmosis will end card spending through Osmosis Pay on August 7th.Cardholders will still be able to withdraw remaining funds until September 6th.Refer to the official tweet by OSMO:Reminder for Osmosis Pay card holders.August 7 is the last day to spend on the card.You can still withdraw your funds after the 7th as the withdrawal window stays open until September 6.If you haven't already: withdraw what's left, and don't wait for the deadline. 👇OSMO InfoOsmosis is a decentralized exchange (DEX) that operates on the Cosmos network. Osmosis utilizes Inter-Blockchain Communication (IBC) technology, which enables cross-chain asset transfers. This allows users to transfer assets between different blockchains within the Cosmos ecosystem without leaving a single platform.One of the key features of Osmosis is its use of an Automated Market Maker (AMM) model, which allows users to provide liquidity to pools and earn fees. Users can also stake their tokens and receive rewards.The OSMO token is a governance token that grants staked token holders the power to shape the future of the protocol. It allows them to make decisions on various aspects, such as voting on protocol upgrades, determining the allocation of liquidity mining rewards for bonded liquidity gauges, and setting the base network swap fee.