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News Explorer — Osmosis DAO Adopts Fee-Free Bitcoin Bridge to Improve Interoperability

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Jun 21, 1:00 pm

Coindesk

Osmosis DAO Adopts Fee-Free Bitcoin Bridge to Improve Interoperability

Osmosis, a decentralized autonomous organization (DAO), has voted to adopt a fee-free Bitcoin bridge to enable the movement of bitcoin into the Cosmos ecosystem. The bridge, in collaboration with Nomic, aims to improve interoperability between blockchains and address the issue of revenue generation from deposits and withdrawals. The goal is to enhance the user experience when bridging bitcoin holdings for decentralized finance activities.

Osmosis, a decentralized autonomous organization (DAO), has voted to adopt a fee-free Bitcoin bridge to enable the movement of bitcoin into the Cosmos ecosystem. The bridge, in collaboration with Nomic, aims to improve interoperability between blockchains and address the issue of revenue generation from deposits and withdrawals. The goal is to enhance the user experience when bridging bitcoin holdings for decentralized finance activities.

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