Osmosis will launch a new feature called "Supercharged Liquidity" with the V16 Magnesium upgrade

深潮 TechFlow · 2023-07-12T13:43:07.000Z

Deeptide TechFlow news, Cosmos decentralized exchange Osmosis is preparing its v16 Magnesium upgrade, aiming to launch a new feature called “supercharged liquidity”. The feature is designed to increase the capital efficiency of the network by allowing liquidity providers (LPs) to pool their capital within specific price ranges. The first super liquidity pool launched with the v16 upgrade will be the DAI/OSMO pool. If the proposal is approved, the upgrade will take place on July 13 at approximately 12 noon ET and is expected to take approximately 30 minutes, with the network shutting down during that half hour.

According to TechFlow, Cosmos decentralized exchange Osmosis is preparing for its v16 Magnesium upgrade, aiming to launch a new feature called “supercharged liquidity”.
The feature is designed to improve the capital efficiency of the network by allowing liquidity providers (LPs) to focus their capital within a specific price range.
The first super liquidity pool launched with the v16 upgrade will be the DAI/OSMO pool.
If the proposal is passed, the upgrade will take place at around 12pm ET on July 13 and is expected to take about 30 minutes, with the network shut down during that half hour.