After six months of intense buidling, Neutron is almost ready to ship ✴️
With Interchain Security and a whole new year just around the corner, there’s no better time to look back to an eventful year in Cosmos 👇
2/ It all began on the @cosmoshub forum with Prop 72:
To bring Interchain Security to market, @jelenaaa____ from @informalinc proposed supporting DeFi projects looking to launch on the Hub.
@P2Pvalidator answered the call first with Neutron and the rest is history:
3/ Prop 72 was a major achievement for the Hub, allowing it to remain minimal while bootstrapping its own economic zone and, through Neutron’s cross-chain smart-contracting platform, attracting top DeFi protocols such as @LidoFinance.
4/ Over the following weeks, the Neutron community began to take shape:
👉 Thousands joined our Discord and Telegram channels
👉 @Welding_Cosmos created the first ever piece of Neutron art on @NoPixels_
👉 The community picked Neutron’s ticker, $NTRN
5/ Fast forward to September and we set out for the year’s greatest conference: @CosmoverseHQ!
What a week: Speech, booth, great chats with #Cosmonauts, $ATOM flying high and the iconic tattoo of @gadikian!
Look closely and you’ll see @jelenaaa____ rocking Neutron merch 😉
6/ Back from Colombia, we completed Neutron’s first audit, launched Quark testnet and became the first consumer chain to launch on Game of Chains.
Kudos to @dualityxyz for being the only other ICS project to catch up with us 😉
Neutron will be the first smart-contract platform to be secured by millions of $ATOMs staked on @cosmoshub, making it the most secure platform in the ecosystem, and a Top-10 Proof-of-Stake blockchain.
Cross-chain interoperable smart-contracts make appchains better ✴️
If this sounds counter-intuitive, read on:
In this Blueprint, we introduce three possible implementations of an Interchain Money-Market, and the benefits they bring to the appchain world.
2/ Let’s start with the basics:
Money Markets (MM) are DeFi protocols that enable users to deposit collateral and borrow against it.
To ensure they remain solvent, Money Markets tracks asset prices and liquidate positions before they become insolvent.
3/ Money Markets are crucial DeFi building blocks:
They release equity into the zone’s economy, enable leverage and improve the expressiveness of the markets: through them, users can take on long and short positions, which they can use to hedge their positions.
Neutron makes smart-contracts interoperable cross-chain, broadening the design space for DeFi.
So, how can Neutron's tech make Interchain DEXes better?
Introducing “Blueprints”, an exploration into the architecture of future cross-chain DeFi, to excite and inspire.
2/ Cosmos DEXes have iterated fast, enabling IBC, superfluid staking, orderbook trading, etc.
Still, there is always room for improvement.
Let’s look at common limitations:
- Necessity of bridging assets to/from the DEX,
- Multi-hop IBC denominations can break interoperability
3/ What if we could build a DEX that:
⛓️ Can onboard any ICA-enabled zone
🪙 Offers atomic swaps between all onboarded zones
📥 Lets users receive tokens on any onboarded zone
✅ Always provides native tokens or functional 1-hop IBC denominations
With Interchain Security in sight, it’s time for an update on Neutron’s launch sequence.
Through this process, Neutron will be hardened into the most secure smart-contract platform on Cosmos.
Learn how, and when to get involved below 👇
2/ September 19th - Oak Security Audit 🔍
Neutron’s codebase and documentation, by then fully open-source, will undergo an extensive review by @SecurityOak.
Oak Security has experience with Cosmos and CosmWasm, a strong track record & no mentions on @RektHQ's leaderboard 😉
3/ October - Quark Testnet 🔬
We will be launching Quark - Neutron’s first, and most experimental testnet - soon after the start of the audit.
Quark is a parallel, open-source security review where everyone is welcome to poke holes in our code and breaking things is celebrated.