1) I noticed that many people are still not aware of #IBC. I've written a thread about inter-blockchain communication. I will also dive into some of the projects which have already enabled IBC and their latest updates.
Let's go Cosmonauts! ⚛
2) First, let's look at what IBC is. Networks are essential for us as individuals and for any system that wants to scale. The IBC is all about networks and connecting them. The #Cosmos vision is to build bridges between blockchains and allow these blockchains...
3) to communicate and trade freely. These bridges are a protocol called IBC. The Cosmos ecosystem provides the tools to overcome many limitations that blockchain networks struggle with, like scaling and mass adoption. This is the reason why Cosmos is the next big thing imo.
4) Let's dive into some of the top-class assets within the ecosystem, which are also my long-term holds. Let's start with @PersistenceOne. They're Building an ecosystem of multi-chain Web3 products for both retail and institutional users. Products such as: Comdex, pSTAKE...
5) AuditOne and AssetMantle. Although @ComdexOfficial is one of the products within the Persistence ecosystem, they've their own team and operate on their own initiative, but they work closely with the Persistence team. Comdex aims to provide users access to commodity assets...
6) on-chain, which has tangible value. Users can gain exposure to a range of synthetic commodity contracts. Why Comdex?
- it's an ecosystem of solutions to democratize finance and bridge DeFi and CeFi.
- The synthetics protocol enables users to collateralize their holdings and
7) take exposure to a range of synthetic assets.
- bring trust and efficiency to the industry through their trading platform.
- their mission is to democratize finance through their decentralized synthetics protocol.
Airdrop incoming for $ATOM $XPRT $LUNA and $OSMO holders!
8) @pStakeFinance is their liquid staking protocol that unlocks liquidity for your PoS staked assets. Although this protocol is getting recognition, let me highlight some of their recent achievements.
- $10 million strategic fund round.
- pSTAKE TVL surpassed $29 million.
9) - retroactive $PSTAKE rewards for stkTOKEN pool LP.
- $PSTAKE airdrop on the horizon
As for now, approximately $33 million total value is locked in pSTAKE. This could easily be x10 within the next six months, in my opinion.
10) Last product I'd like to mention is @AssetMantle, also known as the Shopify of #NFTs. Their testnet recently launched. The benefits of Asset Mantle compared to other NFT marketplaces:
- Multi wallet support:
It will support a variety of web3 wallets, including Keplr...
11) and hardware wallets like ledger.
- Interoperable NFTs:
The first marketplace that supports cross-chain interoperable NFTs.
- You will be able to launch your stores. It allows users to upload, publish and sell their minted NFTs.
12) - Asset Mantle is the first decentralized NFT marketplace in the #Cosmos ecosystem. Another benefit is that it's decentralized, which means zero gas fees and low minting costs.
13) Let's move on with @Sentinel_co. Sentinel is a network of independent dVPN applications. Live transparent stats indicating the actual usage of the Sentinel dVPN network, which is utilized by thousands of unique users every day. The focus of Sentinel is to safeguard privacy.
14) They recently announced that the IBC bridge with @SecretNetwork is here. The entire #Cosmos ecosystem can benefit from on and off-chain privacy. If there is one thing, the world is lacking today its security. This is why I'm into sentinel as they're providing the solution!
15) @akashnet_, which also enabled INC, is the world's first decentralized open-source cloud, providing faster, more efficient, and lower cost application deployments for high-growth industries including DeFi, decentralized organizations and applications, and machine learning/AI.
16) They recently announced they're bringing the decentralized cloud to the Polygon network to onboard thousands of dapps. Excellent news as Polygon has proven itself to be a viral network with millions of users. Learn more about Akash Network. akash.network
17) The IBC connection is multiplying and that the #Cosmos Ecosystem will blow up is inevitable, in my opinion. Slowly but surely, all projects within the ecosystem are enabling IBC, with IBC, millions of blockchains will be connected. Please do your research on Cosmos! ⚛
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1) In my recent thread I've pointed out why I'm bullish on @QuickswapDEX. I'd like to dive in some more because I don't want people to miss out on all the advantages.🙏💯
2) Uniswap's fees are too high for smaller investors. In my opinion, the most significant advantage of QuickSwap is the transaction speed and low fees, which makes it accessible and attractive for smaller investors as well. Quickswap has grown in popularity due to these things.
3) Users can trade any pair with Quickswap by bridging ERC-20 tokens from Ethereum to Polygon, as long as there is a liquidity pool for the token. QuickSwap has the ability to exchange ERC-20 tokens using a bridge, and therefore you don't pay the high ETH fees.
I made a thread about @pStakeFinance to help understand the value and bring awareness of this game changing product. I will explain in short how to use it as well.
pSTAKE allows holders of PoS tokens to securely stake their network tokens to earn staking rewards while receiving 1:1 pegged ERC-20 stkTOKEN that represent staked tokens which can then be used in Ethereum’s DeFi ecosystem.
Its all about unlocking liquidity for staked assets. You can stake your assets to earn staking rewards plus receive 1:1 pegged staked representative tokens which can be used in #DeFi to generate additional yield. So youre earning staking rewards and tokens at the same time.