What is @JunoNetwork ?
A permissionless interoperable L1 smart contract network which contract or agreement can be valid & usable across multiple sovereign networks in cosmos ecosystem.
What's is unique about it? Let's dive in! #Cosmonauts@cosmos $ATOM $JUNO
- the worlds first permission-less, designated interoperable smart contract network,
- Pioneering CosmWasm development and adoption,
- Eliminating common smart contract L1 bottlenecks,
- Sister Hub to the Cosmos Hub - Preserving the neutrality of the Hub by offloading smart contract usage/congestion to a designated contract zone,
- Governance by ATOM stakers which become JUNO stakers. Stakedrop where 47% of the genesis supply goes to ATOM stakers on a 1:1 basis
- the network serves as a decentralized, permissionless & censorship resistant,
- is it written in Rust&Go languague,
- created and driven by community, no VC, private sales and whale that wanna mess with little guys
What about $JUNO tokenomics?
$Juno has variety of use cases:
- securing the proof of stake network,
- key to on-chain governance,
- act as transport fuel (gas) for all interoperable smart contracts,
- collateral in various smart contract use-cases
Inflation is quite high for now, but it will drop in the next years.
For now you can buy $JUNO on Osmosis and Junoswap. Price action was pretty strong lately. Token gained around 200% in 3 months.
Here you can check Juno Ecosystem:
55+ Dapps/tools
1269+ DAOs
125 Validators
20000+ Delegators
150+ Eco Devs
58 relayers
I decided to explore deeper @MetisDAO projects and @tethysfinance caught my attention. Stop for a minute and read this thread 👇
$tethys $metis
@tethysfinance is a DEX and lending & borrowing platform as well. Let's say that combines features from Uniswap and Tarot.
First thing that I like is advanced mode which shows you a lot more information than regular DEX.
Adding liquidity and farming is super easy too.
When you stake yours $tethys tokens, you get $xtethys. Small part of swap fees (0.03%) is distributed. The higher volume on exchange, the more tokens stakehodlers will get. For now APR is 12%.