1/Ehhhhhhh tom how we doin today.......
want to make this thread about one of my favorite communities and why the cosmos ecosystem is just set for growth. this is a cool pic from @HsakaTrades and the pic is worth a thousand words
want to make this thread about one of my favorite communities and why the cosmos ecosystem is just set for growth. this is a cool pic from @HsakaTrades and the pic is worth a thousand words
2/ so first what can you do....well they have this cool thing called osmosis, when you go on osmosis you have 0 gas fees which makes the onramp frictionless and they have some crazy APRS.....I said apr not apy so you can compound to get even higher. (not to mention.....
3/ that the only place you can get osmo is on a decentralized dex)( thank you for not feeding the beast).. it is already ranked top 50 MC and the only thing you can do on osmosis chain is well osmosis.....go figure (they must be doing something right to get that much TVL)
4/ill spare you the suspense they are just try it you will never go back, from no gas fees, to crazy aprs and the multi-chain experience it is a degen paradise
5/now if you really want to spice up your dex experience you can play on thorchain and swap native assets for other native assets (for the short tail) or even a multi-chain uniswap like experience on sifchain. both are a seamless experience
6/now I know what your thinking well dexes are only so fun and im like yeah your right so time to go to the big boy rides. They have a chain called terra and on this chain it is basically a degens paradise built around the native stable coin UST.
7/By TVL it is actually ranked 2nd after eth which is massive. but the tldr on terra is that there is some crazy innovation going on over there from trading and speculating on future staking rewards on an asset (with prism) to a sustainable 20% apy on stables with anchor
8/to trading synthetic stonks on the blockchain with mirror, and even under collateralized borrowing with Mars.....Yeah that wasnt a typo (UNDER).....Dont get me started on the NFTS on terra (my favs is Levana Dragon) oh yeah thats also a degen ride it is leveraged
9/exposure to any asset.........okay thats enough for luna lets move to kava......no not the coffee but Kava the nuts and ham chain nobody talks about on cosmos. just had a massive upgrade and with ibc coming up this will be a major catalyst to the ecosystem
10/ you know what lending markets do to l1 chains .......aave on polygon, aave on avax, or geist on ftm ........tldr its nuts and ham.. but basically can use kava to borrow stables against crypto assets to play in defi
11/ now we had our coffee whats next well they have this thing called juno and it allows developers to build there own dapps without having to build there own chain. Normally on Cosmos if you create a dapp you will need to build your own chain but Juno will
12/ allow developers to build there own smart contracts just like on eth...dont sleep on juno look at it like eth but interoperable
13/ There will also be another chain im super hyped about that will be like juno called agoric so stay tuned. but to transition into nfts and new chain just dropped its coin to juno, cosmos, and osmo stakers.....yeah Atom is the "Airdrop Father" if you didnt know
14/so the nft marketplace is called stars and you can look at it like the coin called $Looks the one that went crazy on ETH it will be the same type of marketplace on cosmos for fulfilling that nft desire.
15/ now all this is great stuff but bro there is still something missing...... yeah they have this thing called secret network and basically you can do everything I just mentioned but with one difference privacy by default.....This is huge....
16/ Heres why, when you buy an nft on a marketplace your immediately doxed everybody knows every txn you have ever made on the blockchain, they know every crypto and nft you own.....(do you show people what you have in your bank account?) Privacy is one of those
17/ things that it doesn't matter until it does.....NFA but dont wait for that day. so just imagine everything you can do on other networks and more because now you have a new factor to the equation privacy by default
18/okay thats alot of stuff now what......well all this stuff needs to be hosted by something well there is a chain for that lol its called akash and you can look at it like your decentralized cloud....here is a thread to learn more
https://twitter.com/Rentahomefast/status/1482597931974905862
19/ now cosmos is also green too outside of being POS give regen.network a look these guyz are basically using blockchain as a catalyst to reduce humans carbon footprint on the planet
20/now dont get me started on liquid staking @sunnya97 is working on liquid staking with atom and with the lps but @PersistenceOne has a nice foothold in this now and unlocks soo much liquidity. where before if you wanted to support cosmos you had to stake and
21/ couldnt play in defi and if you wanted to play in defi you cannot support the network so with liquid staking you now have both.
22/ now I know it is getting kinda long but we have to mention @BitSongOfficial , you can look at this like the audius but on cosmos where creators and fans can have a more direct relationship as in like a fan token and getting rid of the middleman so all the support
23/ you want to give to your favorite content creator goes to him and not a big portion going to the greedy middle man
24/ dont get me started on ion....... you can look at this like an experimental coin that is @sunnya97 baby and will be used for synths on cosmos or potentially anything that this could be incubated into....Tldr do not Fade sunny... you have been warned 😉
25/okay we gotta end it with hands down the game changer for cosmos @ChihuahuaChain I mean come on these guys are the bomb I love meme coins you can actually stake chihuahua and earn more chihuahua 🤯
https://twitter.com/rentahomefast/status/1481723686096982025?s=21
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