Imperator.co Profile picture
Sep 11 β€’ 13 tweets β€’ 9 min read
πŸ“š Cosmos weekly news: Sept 05 - 11

What's the latest news on #Cosmos?

πŸ‘‰ This week, we will talk about @stride_zone, @TeamKujira, @osmosiszone 🀝 @axelarcore, @SkipProtocol and @CosmoverseHQ!

Read this thread to stay up to date, Cosmonauts βš›οΈπŸ‘‡

#IBCGang
1. @stride_zone is live!🌊

Stride is the very first Cosmos native liquid-staking protocol to be live.

Anyone can deposit $ATOM on Stride to get $stATOM and earn staking rewards while using stATOM in DeFi.

Congrats to the team for this smooth launchπŸ‘

The stATOM/ATOM pool is already live on Osmosis with 375,000 $STRD of incentives over 45 days!

At a current price of $2/STRD, it's $750,000 of incentives for liquidity providers.

Pool: app.osmosis.zone/pool/803

The STRD/OSMO pool is also live! πŸ§ͺ

Anyone can buy $STRD and start staking the token on Stride!

Pool: app.osmosis.zone/pool/806

We are also very glad to support the Stride team by being a genesis validator and securing the network.πŸ›‘οΈ

2. @TeamKujira the $USK is coming!

The very first native & overcollateralized stablecoin, the $USK will be live Today/on Monday.

Orca, the liquidation marketplace will also be live at the same time.

Imperator voted YES on prop 36, 37, 38, 39.

The first collateral type for USK will be $ATOM!

Now that prop 40 passed, anyone will be able to mint USK by providing $ATOM as a collateral. Then Orca will take care of the liquidations 🦈

3. @axelarcore will be natively integrated on @osmosiszone πŸ§ͺ

No need to go on Satellite to bridge USDC anymore!

Users will be able to bridge $USDC from Ethereum to Osmosis using Axelar directly on the Osmosis Frontend.

Note: This is not native USDC (yet), the team is working hard to bring native USDC on #Cosmos and hopefully we should get more information about it very soon ⏳
4. Opportunities offered by @SkipProtocol!

The team is hiring! They are working on something essential for the ecosystem. Their goal is to bring healthy cross chain MEV and incentivise IBC infra to make it more sustainable.

If you're interested to work on the most challenging and interesting topics in crypto, check the open positions here: skip-protocol.notion.site/Skip-Protocol-…

And contact @0xMagmar & @BPIV400 directly.
5. The @CosmoverseHQ agenda is live!

The team announced the official agenda for Medellin πŸ‡¨πŸ‡΄

βœ… 3 days
βœ… β‰ˆ 60 talks/panels
βœ… Hundreds of cosmonauts

Check it out πŸ‘‡ and see you there!

That's it for the week!

If you want to speak about the #Cosmos ecosystem, you can join our Telegram group: t.me/+oXrUbkJewTpkZ…

If you appreciate our work, the best way to support us is to follow @imperator_co, RT & stake some of your coins with Imperator.co πŸ™Œ
And here is our Medium article, for more convenience
medium.com/imperator-guid…

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with Imperator.co

Imperator.co Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @imperator_co

Jul 3
πŸ“š Cosmos weekly news: June 27 - July 3rd
What's the latest news on #Cosmos?

Many important news has been announced this week and you should read this thread to stay up to date, my fellow Cosmonauts πŸ‘‡βš›οΈ

PS: We are now 10k on TWITTER! Thank you all πŸ™Œ ❀️

#IBCGang #Cosmos Image
1/ @TeamKujira's mainnet is now live πŸŽ‰

For those who already have $KUJI:
πŸ‘‰ You can stake & auto-compound your rewards with Imperator here: restake.app/kujira/kujirav…

For the others, $KUJI will be tradable on July 5th πŸ”œ Image
@TeamKujira If you had $KUJI on Terra classic but didn't claim yet, then go to: blue.kujira.app/migrate

And follow the instructions in this article: medium.com/team-kujira/mi…
Read 12 tweets
Jun 30
Recently, @AntonioMJuliano did an interview with @BanklessHQ to explain @dYdX's decision to move to a Cosmos app chain. βš›οΈ

In this thread, we will cover all major points that pushed the team to take this decision 🧡

Here's our summary from this insightful interview πŸ‘‡
@AntonioMJuliano @BanklessHQ @dYdX πŸ“Œ Introduction

@dYdX is a very popular and successful derivative exchange which was first built on Ethereum Mainnet, then moved to Starkware, an Ethereum L2.

Last week, the team announced they will create their own #Cosmos app chain for the V4.

@AntonioMJuliano @BanklessHQ @dYdX This decision has been a great source of promotion for the Cosmos ecosystem & the app chain world, making it a solid challenger to the L2 vision.

Seeing that, we can definitely wonder:
Is the future going to be an app chain world or a L2 world?
Read 26 tweets
Jun 13
Market is down, emotion takes over and some of us are experiencing their first bear market, it’s tough.

@cobie often says that crypto is a survival game, you have to figure out what can kill you.

Indeed, understand what can knock you out of this game.πŸ‘‡
@cobie What can kill you?

πŸ‘‰ Leaving your money on an exchange/entity that went bankrupt/stole your funds (Mt. Gox)

πŸ‘‰Losing the private key/seed of your cold wallet

πŸ‘‰Leaving you funds on a specific blockchain/protocol that crashed (Terra)

πŸ‘‰Having a poor risk management
@cobie To survive, @ledgerstatus used a great analogy called the "Horcrux method", which is a Harry Potter reference.

To survive, you just have to split your soul into many different places. Same for your money: spread across exchanges, custody types & blockchains to survive
Read 8 tweets
Jun 12
Osmosis is live now! πŸš€πŸ§ͺ

The exploit showed an impressive reaction from the team, validators and community

This event demonstrated the true power of a sovereign chain when everyone collaborates together to handle a crisis.

Here’s a 🧡 explaining the different steps done πŸ‘‡
1/ Context

Osmosis upgraded on June 7. This was the v9 nitrogen upgrade and complexe features like Token Factory or IBC v3 with Interchain Accounts were added.

However, the bug was related to something simpler.

2/ It started on Reddit...

Shortly after the upgrade, someone on Reddit mentioned an issue related to LPs on Osmosis.

The team was alerted very quickly, they firstly checked if this was true and they took the post down to prevent further exploitations.
Read 18 tweets
Jun 12
πŸ“š Weekly news: June 6-12

What happened on the Cosmos ecosystem this week?
Well, this week was a bit turbulent, not only for Cosmos but also for the whole crypto market. πŸ₯²

Let's see what happened, stay up to date by reading this thread Cosmonauts πŸ‘‡ βš›οΈ

#IBCGang #Cosmos
1/ Osmosis got exploited

A bug on Osmosis liquidity pools happened right after the v9 nitrogen upgrade. If you added liquidity to a pool and then remove it, your money grew by 50% instantly.

Fortunately, validators worked with the core team to halt the chain and protect it.
The estimated loss is β‰ˆ$5M, the team is in contact with majors exploiters to get the funds back & will use the developer treasury to backstop the unrecovered funds.

This event demonstrated the power of a sovereign chain when everyone collaborates together to handle a crisis.
Read 12 tweets
Jun 7
Osmosis is the major DEX on #Cosmos & aims to compete with the biggest Centralized Exchanges in the world.

It's time for us to share their vision and see how bright the future of @osmosiszone is.

This thread is based on a wonderful interview by @laurashin with @sunnya97. πŸ§΅πŸ‘‡
@osmosiszone @laurashin @sunnya97 πŸ“Œ Point 1: What's the Cosmos vision?

Cosmos is an ecosystem of different application specific blockchains that are all interoperable with each other.

They are three different generations of blockchain, let's make an analogy with political economy πŸ‘‡
@osmosiszone @laurashin @sunnya97 1st generation: Kingdoms & villages

1st generation blockchains are all very sovereign with just one purpose, think about Bitcoin for example. The big issue is that those 1st generation blockchains don't speak/interoperate with each other.
Read 28 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(