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Copy file name to clipboardExpand all lines: docs/overview/educate/osmosis.md
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The [Osmosis Ecosystem](https://osmosis.zone/ecosystem) is a suite of premier, DAO-gated dApps that are tightly integrated into the Osmosis AMMs and IBC routing capabilities. Dozens of developer teams are building index tokens, options, perps, stops and limit orders, automated trading, yield vaults, NFTs, and more.
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The [Osmosis Zone Apps Page](https://app.osmosis.zone/apps) is a suite of dApps that are tightly integrated into the Osmosis AMMs and IBC routing capabilities. Many developer teams are building index tokens, options, perps, stops and limit orders, automated trading, yield vaults, NFTs, and more.
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With new apps and features like stableswap, concentrated liquidity, rate-limiting, in-protocol MEV capture, and more going live all the time, Osmosis is continuing to expand its moat as the only full-service, cross-chain exchange and DeFi hub, one that rivals the smooth user experience of a CEX without compromising on the benefits of decentralized finance – self-custody, trust-minimized transactions, direct on-chain access, and privacy.
Copy file name to clipboardExpand all lines: docs/overview/educate/terminology.md
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## Active set
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The top 150 validators that participate in consensus and receive rewards.
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The top 120 validators that participate in consensus and receive rewards.
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## Air drops
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## Bonded validator
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A validator in the [active set](../overview/terminology.md#active-set) participating in consensus. Bonded validators earn rewards.
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A validator in the [active set](../../overview/educate/terminology.md#active-set) participating in consensus. Bonded validators earn rewards.
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## Bonding
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## Inactive set
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Validators that are not in the [active set](../overview/terminology.md#active-set). These validators do not participate in consensus and do not earn rewards.
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Validators that are not in the [active set](../../overview/educate/terminology.md#active-set). These validators do not participate in consensus and do not earn rewards.
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## IBC
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## Long-Term Liquidity
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Liquidity mining rewards tend to attract short-term “mercenary farmers” who quickly deposit and withdraw their liquidity after harvesting the yield. These farmers are only interested in the speculative value of the governance tokens that they are earning. They usually bounce between protocols in search of the best yield.
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Mercenary farmers often create the mirage of protocol adoption, but when these farmers leave, it results in significant liquidity volatility. Users of the AMM have difficulty executing trades without encountering slippage. Therefore, long-term liquidity is crucial to the success of an AMM.
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Osmosis’ design includes two mechanisms to incentivize long-term liquidity: [exit fees](../overview/getting-started.md#swap-fees) and [bonded liquidity gauges](../overview/getting-started.md#bonded-liquidity-gauges).
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Osmosis’ design includes two mechanisms to incentivize long-term liquidity: [exit fees](../../overview/educate/getting-started.md#swap-fees) and [bonded liquidity gauges](../../overview/educate/getting-started.md#bonded-liquidity-gauges).
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