Cryptocurrency

Osmosis unveils a demo NFT builder

According to June 20, Osmosis has announced a demo NFT builder that allows users to create NFTs and unlock accessories as they interact with the ecosystem. Tweet..

The demo NFT builder allows users to complete missions and unlock other accessories. In addition, users can use unlocked accessories to customize the various NFTs created in the demo.

 

The Osmosis team further stated that the demo NFT “provides users with a new way to create NFTs and continually explore their potential usefulness.”

Gradual recovery

As featured in the June 9 report, Osmosis was the subject of an exploit, resulting in a loss of approximately $ 5 million. This exploitation occurred after the disclosure of a bug that allowed users to earn an additional 50% when adding and withdrawing liquidity.

As a result, the team shut down the chain to fix the bug. The chain resumed on June 12, after the team updated the security protocol.

On June 16th, the decentralized exchange announced the start of intersystem token swaps. Token swaps enabled by Axelar allow users to exchange or exchange tokens with the Ethereum ecosystem without a third party.

Post Osmosis has announced the first demo NFT builder to appear on CryptoSlate.

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