Cosmos Blockchain Ecosystem

Cosmos is one of the longest-standing active blockchain projects with a focus on interoperability.

Launched via a successful initial coin offering (ICO) in 2017, Cosmos Network is sometimes known as the “internet of blockchains”.

Operating as a network of blockchains as opposed to one single chain, the Cosmos blockchain ecosystem facilitates frictionless interoperability with other leading blockchains in the space.

Cosmos achieves this through its novel inter-blockchain communication (IBC) protocol.

Moreover, the IBC protocol allows users to communicate with other blockchains using both cryptocurrencies and non-fungible tokens (NFTs).

The Cosmos Inter-blockchain communication (IBC) protocol will be “baked” into the Osmosis smart contracts from day one.

Osmosis believes using the Cosmos software development kit (SDK) will yield the best results thanks to its reliability, scalability, and easy-to-use modular frameworks.

Methodology

Osmosis database tables such as fact_daily_balances, fact_liquidity_provider_actions and dim_prices have been used. To group wallets, the following concepts are used, similar to the concepts related to Bitcoin.

Each amount of balance related to investors is placed in one of the following groups.

• ==Shrimp== (balance less than $10)
• ==Crab== (balance between $10 and $100)
• ==Octopus== (balance between $100 and $1k)
• ==Fish== (balance between $1k and $5k)
• ==Dolphin== (balance between $5k and $10k)
• ==Shark== (balance between $10k and $100k)
• ==Whale== (balance between $100k and $1m)
• ==Humpback== (balance greater than $1m)

Currently, all the data in the database have been used and the date filter is not applied.

Wallet Type

The total number of volts on the Osmosis network is about 592 thousand.

We categorized the wallets and most of them have assets under 10 dollars on the osmosis network.

After that, the assets are between 10 and 100 dollars.

After them, the Octopus category has the highest amount.

Liquidity Pools

Decentralized finance (DeFi) is responsible for introducing yield farming, a smart contract-based solution offering users substantial returns for increasing risk by leveraging their assets.

While yield farming may present users with a hefty and quick return on investment, the volatility and short-lived nature of yield farming comes with inherent risks to both the farmers and automated market makers (AMMs).

On the other hand, we tried to identify wallets in different categories in different months.

The power of Osmosis is in staking tokens.

In such a way that with the collapse of the currency market, it can attract a lot of capital from investors for more profit. In fact, after the stabilization of the bear market that dominates the current market, the growth of trade in Osmosis has been very high.

Wallet Type Over Month

You can see the grouping in different months.

Since the beginning of December 2021, there has been a lot of growth in different categories of wallets.

The development of new platforms on the Osmosis network has given investors a bright future.

Since the beginning of March 2022, we have seen unchanged statistics in the Crab category.

Apparently, the hold has started between $10 and $100 in hopes of possible airdrops since then.

Conclusion

Despite the bear market, airdrop enthusiasts have been staking tokens on the Osmosis network for a while now.

After the airdrop, a group has sold the tokens and after some time, they have tried to stake again.

Of course, in September, groups with less than a thousand dollars have been added to the pools.

We have seen a jump with the news of the UK's support for Bitcoin.

In the continuation of the expansion of the osmosis ecosystem, its network and its dependent networks will grow. As one of the most famous wallets that support different networks at this level, Keplr wallet now also supports and covers the Secret network.

The wallet that has made it possible to stick in different Osmosis networks will be a factor in attracting more investors.