Thread by @composing_defi

Here are 10 ambitious roadmap and developments that seek to build the solution to trustless universal interoperability by leveraging @Polkadot and @cosmosibc everyone should know:

A 🧵#PicassoExplain

1️⃣ Picasso parachain and Pallets

Picasso is the infrastructure layer for enabling interoperable DeFi.

As an L1, Picasso functions as the center of cross-chain innovation and benefits from Relay Chain shared security and XCM connection to other Parachains.

→ Pallets Revolution

Cubic — a cross-chain vault standard
Apollo — an MEV-resistant cross-chain oracle
Pablo — a cross-chain DEX
Angular — a cross-chain money market
Instrumental — a strategy hub
Centauri — which forms the basis of trustless comm utilizing the IBC protocol

2️⃣ $PICA Token

Picasso native token.

→ Primary Use Cases

Network usage)
Oracle staking
Collator staking
Stake for xPICA: fNFTs
Primary pairing on Pablo
Governance & Picasso treasury
Eco growth incentives

→ New Users

• CosmWasm Devs
• Cosmos Community
• Substrate Devs
• NEAR Community
• Polkadot Community
• Ethereum Community
• Kusama Community
• And More Future Chains

https://twitter.com/0xElegant/status/1604797439789174784

3️⃣ Pablo DEX

Pablo is the infra that enables cross-chain asset transfers between Substrate, Cosmos, and beyond.

🎆Benefits

• Cross-chain compatible
• Multiple AMM types
• Permissionless
• Custom Fees
• Bonding and protocol-owned liquidity
• Comm owned - $PBLO; xPBLO:fNFT

4️⃣ Polkadot and Kusama Bridge

Connection between the Polkadot and Kusama provides enormous benefits to the #DotSama Community

• $DOT <> $KSM bridge Powered by Centauri(#IBC)

• New Stream of Liquidity and Yields

• DOT/KSM Strategies

• DOT/ATOM or DOT/NEAR

5️⃣ CosmWasm Smart Contract on Picasso

CosmWasm is the developer framework for smart contract deployment on Picasso. The benefits are cross-chain support, compatible with $ATOM chains, and has superior security design.

CosmWasm dev tooling tools.xcvm.dev

CosmWasm SDK

6️⃣ DotSama and Cosmos Bridged via #IBC

Centauri enables the trustless and cost-effective exchange and transfer of assets between the two ecosystems. This trustlessness is achieved through light clients and finality proofs.

The first implementation is DotSama <> Cosmos on $PICA

7️⃣ Cross Chain Virtual Machine (XCVM)

• The #XCVM functions as a system of cross-chain smart contracts with a single, developer-friendly interface designed to usher in applications that can interact with the chains connected to the Composable ecosystem.

• Cross Chain Virtual Machine enables cross-ecosystem communication. The final solution to cross-chain interoperability

8️⃣ DotSama and NEAR Bridged by Centauri

• Centauri is the trustless bridging hub powered by IBC. It is designed to allow its functionality extensible to any ecosystem with a light client support.

• Hence, the Centauri pallets allows DotSama to connect with the NEAR protocol.

9️⃣ #DotSama connects to ETH 2.0 powered by IBC

• Through Centauri, the Composable Ecosystem (and the broader DotSama ecosystem) are bridged to all blockchains connected to the IBC Protocol.

• This marks a huge milestone in the DeFi space. #DotSama(Polkadot and Kusama), Cosmos and $NEAR are connected to $ETH via the IBC protocol.

• This development makes @cosmosibc the TCP/IP of blockchains.

• PoP is bullish on this future 🎆

🔟 Development of SDKs, tools and Centauri's continuum Extensions

🎆XCVM SDKs

• CosmWasm SDK
• Solidity SDK
• NEAR SDK
• Move SDK
• Rust SDK

🎆Framework and Tooling

• Developer Interface
• API SDKs
• Centauri SDK
• XCVM.js
• Composable.js
• Centauri.js

That's a wrap! Help this thread to reach more people who care about DeFi.

RT the first tweet or help me improve this #PicassoArt info by my daughter.

https://twitter.com/composing_defi/status/1609167386636161024