Everything you need to
understand OSMO.

Managing a diversified crypto position usually means buying and tracking many tokens by hand. OSMO removes that work. It packages a curated set of Stellar ecosystem assets into one folio and hands you a single token that represents your slice of it.

Behind that token is a Soroban smart contract that holds the real assets, keeps them at fixed target weights, and lets anyone mint or redeem at the folio's live value. You get diversification with the simplicity of holding one thing.

A Diversified Token Folio, or DTF, is an on-chain basket of assets held in fixed target weights by a smart contract. Rather than an off-chain fund you have to trust, the basket and its rules live entirely on the chain where anyone can verify them.

Deposit a single asset and the contract gives you a proportional claim on the entire basket in return. That claim is the SEF share token. As the value of the underlying assets moves, so does the value of your shares, with no manual rebalancing on your part.

The folio holds five Stellar ecosystem tokens at fixed target weights. On every mint and redeem the contract steers the holdings back toward those weights, so the mix stays balanced over time.

The testnet tokens are stand-ins for real ecosystem assets. Most of them carry live prices relayed from mainnet oracle data so the folio behaves realistically while you experiment.

Depositing is how you enter the folio. You supply one asset, the contract routes it into every basket token through Stellar liquidity pools, and it mints SEF shares to your wallet in the same transaction.

Because the routing is automatic, you never have to source the individual tokens yourself. One deposit in, a full balanced position out. The Deposit screen shows a preview of the shares you will receive before you confirm.

Redeeming is the reverse. Burn your SEF shares and the folio returns the underlying basket tokens to your wallet, proportional to the amount you redeem.

The app is organised into four screens. A wallet connection is required before any of them will load your position, since the folio needs to read your balances and sign transactions.

Going from nothing to a folio position takes four steps.

1. 1

   Connect a wallet

   Open the app and connect a Stellar wallet. The folio uses it to read your balances and sign transactions.

2. 2

   Claim test tokens

   Visit the Faucet and claim free testnet assets so you have something to deposit.

3. 3

   Make a deposit

   On the Deposit screen, choose an amount, review the preview, and mint your first SEF shares.

4. 4

   Watch your folio

   Head to the Folio screen to see your position, the live net asset value and the current basket weights.

The folio is a smart contract on Soroban, the smart contract platform of the Stellar network. It custodies the basket tokens, enforces the target weights, and exposes minting, redeeming and value reads that anyone can call.

Prices are drawn from an on-chain oracle network and guarded by a safety breaker. If a price feed becomes stale or drifts too far from the others, a value read stops rather than returning a misleading number. That protects both minting and redeeming from acting on bad data.

The single-asset deposit route relies on Stellar liquidity pools that pair each basket token with the native asset. The app reads those pool reserves directly from the chain, which is what the Pools screen surfaces.

DTF

Diversified Token Folio. An on-chain basket of assets held at fixed target weights by a smart contract.

SEF

The folio share token. One SEF is a proportional claim on the whole basket.

NAV

Net asset value. The total worth of everything the folio holds, and per share when divided by SEF supply.

Target weight

The share of the basket each token is meant to hold. The contract steers back toward these on every mint and redeem.

Mint

Creating new SEF shares by adding assets to the folio.

Redeem

Burning SEF shares to take the underlying tokens back out of the folio.