* Osmosis Recently passed a new Prop which means Liquidity providers will also now earn Evmos *
So if you are bullish on Evmos and OSMO , this pool is great because you can earn both of them while Providing liquidity. Yes the Evmos APY makes it more worth it to just Stake , BUT i want to Farm OSMO and as i mentioned in my other post, Staking OSMO only earns you a 20% APY so you get more Value from the Liquidity pool ( but does carry more risk ). Yesterday i posted about the Bounce Bitcoin got and ATOM also was looking bullish, i Also posted about a Liquidity pool i joined on Osmosis the other day and Basically just keeping track of it for anyone who reads this and also thinking about jumping in a LP on osmosis.... We have also heard news of the FED possibly printing money , which also will help bitcoin bounce.
Look at the Bottom on OSMO being put in, As we see these Centralized Exchanges go Bust it brings more and more Value to these De-centralized DEX's , and im Fully OUT of Centralized exchanges, i would only use one to get Fiat into my bank account. The Daily time frame is showing a possible attempt to break out from its Consolidation And This is the Lowest of the Lows it is bouncing from So its a Crucial Reaction and it was one of the Major reason i wanted to join the Liquidity pool.... Now i could be wrong, Bitcoin can dump and the markets can dump and this will break down aswell.. How ever if you look at the BTC chart and the Total crypto market cap , there is some " bullish " indicators building, and the next few days will be crucial if we are going to break out.. We cant ignore the FED talking about wanting to " print money " again because this will also play a role in the Direction BTC takes.
OSMOSIS Daily Chart

Osmosis Liquidity pool 722 Update 
i Jumped in the Evmos/Osmo pool 722 when OSMO hit around 72 Cents, why did i do this? i am Super bullish on OSMO and i want to Farm it with a HIGH APR while i can, i Already have a Nice EVMOS bag staked, earning me just over 400% APY ( this will go down as more and more people stake Evmos though ) so i am milking it while i can now. i could just stake OSMO, but you only get a 20% APY... So using The OSMO Superfluid Feature and locking it up for 14 days Gives a 141% APR which blows staking out the water.. of course there is more RISK with the LP , but The main reason i made this Decision was simply Because of the bottom on OSMO being tested... i could of got SMOKED and it could of broken down which means the LP value would of gone down, BUT my Theory was it would get a reaction Because of what Bitcoin was doing.... and it did. The Position May only be up 40$ But i have been earning The OSMO token every day while also getting my Staking Rewards everyday , so i am farming OSMO at a Decent rate ( it could be better if i put more money into this position ) i keep adding these to the OSMO bag i already have staked and watching it grow is a beautiful thing. You just cant beat Passive income.. Sure it might not Seem like alot of money now... But once it starts snow balling, you will understand the power of Compounding. i started with a small position in the Cosmos and over time my Bags have grown by ALOT simply from all my Rewards and Compounding them... Keep in mind this is in a BEAR MARKET.. when the bull run starts, i will be in a Very nice spot unlike last time where i just had crypto and it was doing NOTHING.. making me NOTHING. i will never make that mistake again, i will never invest in a crypto i can not earn passive income from. ( i have enough BTC and ETH , i am focusing on the cosmos now because i believe in the long term potential )
i Also noticed the Pool has hit over $2 Million dollars for the first time, so it really is growing fast and i do plan to add alot more Money to this Pool if we start to see Bitcoin break out. But like i said, i am still on the ropes and not fully convinced about a break out ( yet )
ATOM chart
Yesterday i also pointed out ATOM Bullish back test of that 7$ zone, and today we got some Follow through with the move ( which is very important ) Not only does ATOM going up mean basically all of the Cosmos Chains going up, but ATOM has been out performing alot of Crypto's lately, which makes me feel like when the Bull run does start, This is going to Out Perform ALOT of stuff... i could be wrong, But things are starting to look very interesting, considering the downfall we have witnessed.
anyway , that's it for todays rant, Thank you for reading.
Osmosis Liquidity Pool 722 Update -OSMO Chart & ATOM Chart Break out soon ??
By intoTheCosmos | Cosmos | 15 Jul 2022
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Just a cosmonaught Talking about ATOM / the Cosmos. i will Also Post About Other Chains in the Cosmos Eco System if Anything Catches my Attention. The Power of Passive income, Staking , re-investing the rewards and compounding it is UNBEATABLE🌌
lets talk about ATOM, the Cosmos Eco system and Staking , Re-investing the rewards , the power of compounding.
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