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A group of decentralized finance (DeFi) protocols have teamed up to solve liquidity problems in the Cosmos ecosystem. The teams involved include cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi, and Cosmos network Evmos. According to statements from two of the teams involved, Wormhole will register five new bridged
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“We’ve seen a great deal of interest in Cosmos’ ecosystem assets and interoperability networks like Evmos, especially where staking early counts” said Diogo Monica, president and co-founder of Anchorage Digital. “As the digital asset ecosystem continues to grow, cross-chain networks like Evmos are playing an increasingly important role by making
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Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform Original Source
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The open-source oracle platform for Web3, DIA announced today its entry into the newly launched Evmos ecosystem by making its data infrastructure available on its mainnet network. This new integration will be crucial to protocols operating on Evmos to develop DeFi use cases such as stablecoins, lending and borrowing, DEXs
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As Cosmos and other blockchain ecosystems have expanded, Ethereum continues to house most decentralized app development. Even as new non-Ethereum chains have stolen some of its spotlight, many of the most popular newer chains – among them Avalanche, Fantom and Polygon – are built to be compatible with the Ethereum
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“To non-Cosmos people, this looks like a mess. To Cosmos people, this was a near-miss,” Manian said. “This was an opportunity to dive in and see what was actually going on, what was built and how this thing was actually supposed to work, and I think most people’s response has
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At launch, the chain will be home to a handful of decentralized finance (DeFi) mainstays and forks. A Rari Capital fork and a Uniswap fork were advertised in a press release, and Küllmer also mentioned Balancer fork, a CryptoPunks fork, a lending platform and an Olympus fork, many of which
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The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as Bitcoin (BTC) bears managed to break bull support at $42,000. The price of Bitcoin was pushed to a daily low of $40,620 before resources were exhausted. Data from Cryptox Markets Pro shows that four of
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