February News By Imperator
Imperator covers top 5 weekly news picks, and this is the aggregation of all of Febryart.
This document's accuracy is in no way endorsed by Curious Cosmonaut Research. This paperโs content was aggregated from the Imperator.co blog here as part of a series to make content more accessible from one place in Cosmos.
Author: ย Imperator.co
Source: Blog
Disclaimer: The information contained on this article and the resources available is not intended as, and shall not be understood or construed as, financial advice. Nothing available this page should be understood as a recommendation to buy something.
The article aims to present five news/announcements that happened last week on the Cosmos ecosystem.
Weekly Newsletter: What happened on the Cosmos ecosystem this week? January 30โFebruary 5
1. The @mars_protocol mainnet is live! ๐ด
Mars is now live and running smoothly. We are very glad to be one of the 16 genesis validators on the network.
๐ Trading is live on Osmosis: https://app.osmosis.zone/pool/907
๐ & also on Kujira: https://fin.kujira.app/trade/kujira1v8kh6mqxq7awcvl936xeyzv8fnmdkd3yxggvkyek5d0ecut4a6zs0larj2?q=all
If you want to learn how to stake, you can check our articles in different languages below. ๐
We are also available on Restake, you can use our link to auto-compound your $MARS rewards.
https://restake.app/mars/marsvaloper17s96kckqgumhwl26hd3ek580m0fkk008an2nx0/stake
Our full article on how to claim your airdrop and stake $MARS is out. ๐ด
— Imperator.co (@imperator_co) February 2, 2023
You can read it here ๐๐https://t.co/EZ4nqLnCKb
We have translated the article into various languages for our community, you can find them in the comments below ๐https://t.co/bsl2AWgQg5
2/ Launch of @cometbft! โ๏ธ
CometBFT is a fork of Tendermint Core with the goal of ensuring a high degree of flexibility and allowing for experimentation, as has already been done with the release of ABCI 2.0 for example.
1/ Today we announce the launch of CometBFT, a state machine replication engine for the interchain!
— Informal Systems ๐ฑ (@informalinc) February 1, 2023
CometBFT is a fork and successor of Tendermint Core, stewarded by @informalinc and supported by @interchain_io on behalf of the wider @cosmos pic.twitter.com/0lzhkVPZiW
This fork will be handled by @informalinc, the documentation is currently in progress and will be available soon at https://docs.cometbft.com.
8/ Several important logistical details to keep up with Comet:
— Informal Systems ๐ฑ (@informalinc) February 1, 2023
We are developing CometBFT at https://t.co/yShRHi6jeK. In that Github organization we also plan to maintain related tools, documentation, as well as the database wrapper `cometbft-db`, among others.
3/ @confio_tech does not have sustainable funding.
Confio is a key contributor of CosmWasm, the most well-known Cosmos environment for smart contracts. However, the company is struggling to be sustainable in providing public goods.
๐จFlash News!๐จ
— Confio (@confio_tech) February 1, 2023
We've decided to halt (for now) all Public Goods work as of Feb 1st, 2023 until this is again a viable income stream for @confio_tech
Read below the reasons for this decision & what Stopping Public Goods Means๐
๐งต
We all know how important CosmWasm is for the Interchain, as it benefits different teams. A Twitter space was held to explore further solutions, and we hope that a path for sustainable funding can be achieved, we will support such initiatives.
Just for further clarification, weโve always been grateful to our well-known supporters:@interchain_io @cosmoshub @JunoNetwork @osmosiszone @terra_money
— CosmWasm (@CosmWasm) February 3, 2023
Please take a look at the full Twitter Space below for all the details.๐ https://t.co/L6SH3qHdox
4/ @Sagaxyz__ x @0xPolygon
Saga has announced a partnership with Polygon, whereby the Saga protocol will automate the instantiation of Supernets, Polygonโs appchain solution.
1/@0xPolygon + @SagaXYZ__ = โ๏ธโ๏ธโ๏ธโ๏ธโ๏ธ ๐คฏ๐คฏ
— Saga โ (@Sagaxyz__) February 1, 2023
Saga is very excited to partner with @0xPolygon for the automated deployment of Supernets, an appchain scaling solution secured by #MATIC validators.
Learn more in the ๐งต & link โฌ๏ธhttps://t.co/GmWzVTXYAL
Supernets are developed by Polygon Edge and it allows a project to spin up an appchain using their chosen subset of Polygon validators, while still using the MATIC token to secure the chain.
For more information, you can read: https://medium.com/sagaxyz/saga-and-polygon-announce-partnership-to-automate-supernets-polygons-appchain-solution-db82d654c43f
5/ @EvmosOrg released its 2023 roadmap!
The Evmos team has just released its roadmap for 2023 with great additional features such as Interchain Accounts, Liquid Staking support, auto conversion of IBC tokens to ERC20, and a fee subscription module, to name just a few.
The recent V11 upgrade has already implemented Liquid Staking, Interchain Accounts, and a new distribution logic for rewards. Here is a short video that explains everything ๐
โ๏ธ Evmos V11 upgrade coming in HOT!
— Evmos โ๏ธ (@EvmosOrg) February 3, 2023
Here are the ๐ฅ highlights...
๐ธ Liquid Staking.
๐ธ Interchain Accounts.
๐ธ New Distribution Logic for Rewards. pic.twitter.com/9EfUOQRVVz
BONUS: @dydxfoundation released its annual ecosystem report, which contains information about the upcoming dYdX Chain.
Here is the plan:
๐ Private Testnet โ end of March
๐ Public Testnet โ end of July
๐ Mainnet โ end of September
dYdX Foundation is excited to share the inaugural ecosystem annual report ๐ฅ
— dYdX Foundation ๐ฆ (@dydxfoundation) January 30, 2023
Despite the challenging market conditions in 2022, stakeholders in the dYdX ecosystem persevered and continued to build toward the future of finance - one block at a time ๐ช๐พhttps://t.co/NPKPOdEpeG pic.twitter.com/hwz8mgOQOW
Weekly Newsletter: What happened on the Cosmos ecosystem this week? February 6 โFebruary 13
1. Prop 95 passed, which gave birth to the ATOM Accelerator DAO
The community decided to support Proposition 95, which is a path forward to progress and support teams that aim to bring value to the ATOM economic zone.
The @cosmoshub community just gave birth though proposal 95 to the very first DAO in its existence: the $ATOM Accelerator DAO.
— Youssef Amrani (@youssef_amrani) February 11, 2023
The @ATOMAccelerator is a grant focused DAO that won massive support from the community.
A thread ๐งต
The team will be busy over the coming days to set everything up. For more information, follow @ATOMAccelerator, and stay tuned for what is coming.
2. Mars Protocol: the Red Bank is live
The Red Bank has been deployed on Osmosis, this is the first outpost launched in the Cosmos.
Users can now go to https://mars.osmosis.zone/redbank and lend or borrow ATOM, axlUSDC and OSMO.
๐ฐ๏ธ RED BANK DEPLOYED
— Mars Protocol ๐ด (@mars_protocol) February 7, 2023
Moments ago, the Red Bank was deployed on @osmosiszone, making it the first-ever Martian Outpost established in the Cosmos.
Explorers can now lend & borrow $ATOM, $axlUSDC, and $OSMO. ๐งต๐https://t.co/ruKZFSUc5r
At present, all deposit limits have been reached. Those wishing to deposit in Mars will need to wait for an increase in the deposit limit or for other users to withdraw their deposits.
3. Stride is now live on Terra!
You can now:
- Go to http://app.stride.zone
- Deposit your LUNA
- Mint $stLUNA
- Use $stLUNA in DeFi and trade it on Astroport
The STRD airdrop will be available to LUNA stakers in March
- Snapshot: January 19th, 2023 (block 3399238)
- Min threshold: 50 staked LUNA
- Max threshold: 25,000 staked LUNA
4. SushiSwap is coming to Sei Network
SushiSwap, one of the largest DEXs in the EVM space, is now extending to the non-EVM world and has decided to acquire Vortex Protocol to launch a Sushi perps platform on Sei Network.
SushiSwap Acquires Cosmos-Based Trading Platform Vortex Protocol
— Decrypt (@decryptmedia) February 10, 2023
โบ https://t.co/Rbf2SmHQM1 https://t.co/Rbf2SmHQM1
Glad to see that one major Ethereum protocol is extending its business to the non-EVM world. Congratulations to the Sei team for the work.
5. Keplr introduced the Keplr Validator Dashboard!
The KVD enables validators to:
- Cast votes with just a few clicks.
- Leave reviews on proposals and share them
- Interact with delegators and other validators via comments
๐ Introducing ๐๐ฒ๐ฝ๐น๐ฟ ๐ฉ๐ฎ๐น๐ถ๐ฑ๐ฎ๐๐ผ๐ฟ ๐๐ฎ๐๐ต๐ฏ๐ผ๐ฎ๐ฟ๐ฑ !
— Keplr Wallet ๐ญ (@keplrwallet) February 7, 2023
KVD is a one-stop solution built for validators to help their governance participation in the Interchain. (1/5 ๐งต): pic.twitter.com/eIuQ6jZZ5G
This is a great effort from the Keplr team to facilitate interactions not only between validators but also between a validator and its delegators.
Weekly Newsletter: What happened on the Cosmos ecosystem this week? February 14โFebruary 19
1. The Quasar testnet is now live! ๐ฐ๏ธ
You can access the application here: https://testnet.quasar.fi/.
The very first vault is called Orion and uses an auto-compounding, multi-pool strategy on Osmosis
Smart contract: DEPLOYED ๐จ
— Quasar ๐ฐ๏ธ (@QuasarFi) February 17, 2023
Web app: LAUNCHED ๐จ
Welcome to the Quasar testnet!!! You can access it here: https://t.co/mDFUAaSLIb
Get the full introduction to Questnet on our blog: https://t.co/LqWouPWFNv pic.twitter.com/WgAF5QjK19
The vault deploys liquidity into three different pools to earn yield, and then automatically reinvests the accrued yield into the same liquidity pools.
For more information, please read this article
2. Liquid staking is coming to Evmos! โ๏ธ
The stEVMOS by Stride is the first ever liquid staked derivative on the Evmos ecosystem. This means that Evmos users can now participate in DeFi while earning staking rewards
Liquid Staking โ
— Evmos โ๏ธ (@EvmosOrg) February 16, 2023
โ๏ธ stEVMOS, the first-ever liquid-staked derivative of EVMOS, launched on @stride_zone earlier this week.
The arrival of liquid staking unlocks untapped utility within the Evmos ecosystem.
๐ We couldn't be more excited about Strideโs announcement! pic.twitter.com/dfkLDHUMiP
The EVMOS/stEVMOS pool is live on Osmosis and is incentivized.
If you want to get stEVMOS, you can deposit $EVMOS directly here: https://app.stride.zone/
EVMOS / stEVMOS pool incentives spotted on @OsmosisZone ๐https://t.co/iDWNRlkjg0
— Stride (@stride_zone) February 14, 2023
Current incentive yield is 86% APR.
But don't forget, stEVMOS itself is a yield-bearing asset, at 131% APY.
Since half the pool is stEVMOS, that gives you a total yield of 151.5% ๐
3. The Dymension testnet is live!
This is a major milestone for the modular world. For its 35-C testnet, the Dymension Hub is running and already live on the Celestia Mocha testnet.
Yesterday was a big day for the modular ecosystem!
— Nick White (@nickwh8te) February 16, 2023
Two product launches in tandem:
โข @dymensionXYZ's testnet
โข @modularcloud1's block explorer
Impressed by the functionality and UX ๐งต pic.twitter.com/ksA4ABsY4n
And an explorer dedicated to modular chains has arrived: Modular Cloud.
It is the first explorer that integrates modular data availability, settlement, and execution layers in a single, integrated platform.
link: https://explorer.modular.cloud/
Today, we unveil @modularcloud1.
— lzrs (@lzrscg) February 15, 2023
Our initial product is Explorer, a block explorer for modular blockchains.
The process of understanding and building new pieces of the modular stack is now simpler. ๐งต๐https://t.co/sODYuiDhi0
4. Sei Network announced its โStake It Till You Make Itโ game.
The game runs until March 2nd and consists of 4 rounds spaced in 6-hour intervals, starting at 00:00 UTC
Announcing Sei "Stake It Till You Make" game! ๐น๏ธ ๐
— Sei ๐ข (@SeiNetwork) February 16, 2023
This game is designed to simulate delegations/re-delegations of staked SEI among active validators. Validators, and EVERYONE is eligible to participate!
Top players will receive testnet prizes!
Starts: Feb 16th 1pm PT๐ข pic.twitter.com/6dLYdzo4Kw
The goal of this game is to simulate delegations and redelegations of staked SEI among SEIโs active validator set. At the end of the game, the top 100 players will receive testnet prizes!
5. A new governance tool for Cosmos โ๏ธ
It has been announced by @0xArb: interchaingov.com. It is your all-in-one place to engage with interchain communities and their underlying networks.
Hello world! Today I'm super happy to announce https://t.co/lsPyhrkbA2, a new take on interchain governance proposals for you all.
— Arb (@0xArb) February 16, 2023
- ๐ drafting
- โ๏ธ submitting
- ๐ viewing
- โ voting
- ๐จโโ๏ธ delegating
- and much more! pic.twitter.com/Pcd3gG8z6o
One major improvement is their easy-to-submit proposals feature, which means that there is no longer a need to use complicated CLI requirements.
They have made it easy for anyone to submit a proposal on-chain.
Our proposal creation flow is obviously the thing we're most proud of, making even the most complicated proposals easy to submit. This means
— Arb (@0xArb) February 16, 2023
1. no more complicated CLI requirements!
2. no more asking engineers to submit proposals! pic.twitter.com/6fdW1QVd30
Weekly Newsletter: What happened on the Cosmos ecosystem this week? February 20โFebruary 26
1. Prop 187: v9-Lambda upgrade is live on the Cosmos hub!
This is the first step towards Interchain Security on the Cosmos Hub. If this proposal passes, ICS Replicated Security will be live and the first consumer chains will be able to use this feature.
Six years after the ICO..
— Thyborg (@Thyborg_) February 21, 2023
Four years after mainnet..$ATOM is about to get a taste of value-capture
The Replicated security is live on the Cosmos Hub ๐ฅณhttps://t.co/N4TaAVqlHY
The Cosmos Hub will implement the first shared security system on Cosmos, in which consumer chains will have the same economic security as the Cosmos Hub.
2. Lava testnet is now live!
The first omnichain, decentralized RPC network is one step closer. The Lava Network is now open to all developers and is primarily accessible through an easy-to-use hosted front-end, known as the Gateway.
TIME TO ERUPTION - 0 HOURS ๐
— Lava Network - Decentralized RPC ๐ (@lavanetxyz) February 22, 2023
Our testnet is live! โก๏ธ
Calling Lava Voyagers to help us build the open standard for blockchain RPC & APIs. pic.twitter.com/tF08GnER8w
Here are some benefits of the Gateway:
- Multi-chain Support (Cosmos Hub, Osmosis, Juno)
- Rapid Onboarding
- Unstoppable Performance (Connected to multiple leading RPC providers)
- Consensus-Based Data Integrity
Documentation is available at: https://docs.lavanet.xyz/
3. Liquid staking update
A new partnership between Sei Network and Stride has been done!
Stride will provide liquid staking on Sei and create a home for liquid staked tokens from across the Cosmos ecosystem.
๐ข Pleased to announce @stride_zone will be launching on Sei, as the first team to create a home for liquid staked tokens from all across Cosmos in Sei's growing ecosystem!
— Sei ๐ข (@SeiNetwork) February 22, 2023
Liquid Staked Derivatives help to solve the illiquidity of Proof-of-Stake assets and improve capitalโฆ pic.twitter.com/Vhrx3bCZfw
A news about Quicksilver too! The team recently launched liquid staking for $ATOM, you can now stake ATOM and get qATOM directly using app.quicksilver.zone.
ATOM liquid staking is live on Quicksilver! ๐ฅณ โ๏ธ
— Quicksilver Protocol (@quicksilverzone) February 23, 2023
Stake ATOM and get qATOM at https://t.co/GJV2fujsSf
Quicksilver offers autocompounded staking rewards. They give 24.1% APY, ~1.8% more than 22.3% from standard staking ๐ฅ
Weโre thrilled to have the @CosmosHub on Quicksilver โ๏ธ pic.twitter.com/lPAc1jbxd0
4. Numia announced Data Lenses!
Numaโs mission is to make Appchain data and its associated knowledge available to everyone. Lenses will be an advanced data analytics dashboard for the ecosystem.
Announcing DATA LENSES by Numia ๐๐
— Numia (@NumiaData) February 22, 2023
An advanced data analytics dashboard for the Cosmos ecosystem ๐ช
Read this thread to learn about the future of on-chain Analytics for the Interchain community ๐งต๐ pic.twitter.com/qGJf7Qscgs
Lenses V1 will launch in Q2 of this year, starting with Osmosis and expanding from there.
You can read the full article here:
5. An attacker exploited a vulnerability on Team Kujira
This exploit occurred on the wETH USK margin contract on Kujira, resulting in a bad debt of $230,000.
The Kujira team explained everything in the thread below.
๐ข Between 03:45 UTC and 06:57 UTC on 21st February, an attacker exploited a previously unknown vulnerability on the wETH USK Margin contract on Kujira.
— Kujira ๐ (@TeamKujira) February 21, 2023
This exploit caused $230,000 of bad debt to be accrued by this contract.
Full thread below. TLDR, all rectified ๐
๐งต 1/12
Fortunately, the Kujira Team will absorb and repay 100% of the bad debt created by this attack, ensuring that USK remains fully collateralized.
BONUS:
The Leap Wallet Key Management codebase is now open source! This is awesome news and a great step for Leap, allowing users to know how Leap keeps their keys safe.
Leap Key Management codebase is now open source ๐ธ
— Leap Cosmos โ๏ธ (@leap_cosmos) February 21, 2023
You use our wallet everyday, making transactions and interactions across web3. You deserve to know how we keep your keys safe ๐
Check the repo here: https://t.co/dHWnFhtv69
Read on to know more ๐ pic.twitter.com/e3vkSWGu5c
Thatโs it for the week!
If you want to speak about the Cosmos ecosystem, you can join our Telegram group: https://t.co/1D8IFBUvOD
If you appreciate our work, the best way to support us is to follow @imperator_co and stake some of your coins with Imperator.co ๐.
About Imperator.co
Imperator is a professional proof-of-stake validator, we provide a reliable infrastructure and support more than 40 blockchains with +80,000 delegators.
If you want further information about Imperator.co, here are some useful links:
Website: https://imperator.co/
Twitter: https://twitter.com/imperator_co
Discord: https://discord.gg/bB8JnN7m9r
Telegram: https://t.co/1D8IFBCUX5
See you very soon Cosmonaut! โ๏ธ
The Imperator team.