RE: RE: Good news for Cosmos, bad look for Ethereum - dYdX on the move.
It is a surprising move, but logical when you think about it. Won't be the last project of significance to move away from their base and build their own Cosmos chain. Why pay a fortune for a polkadot parachain when you can spin up a cosmos chain for free, and link to significant network effects through IBC.
When ATOM launches its shared security, then the floodgates will open of new projects launching chains will really open.
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