Posts

This week in the Cosmos: Edition 4, March 2.

avatar of @jk6276
25
@jk6276
·
·
0 views
·
3 min read

Big big week for the Cosmos ecosystem, with the launch of one of the most highly anticipated projects to come to the Cosmos, along with airdrops left, right and center. So, lets get straight in to it.

OSMOSIS.

Superfluid staking has arrived. It was promised by the end of Feb, and delivered on time. Launching on the ATOM/OSMO pool, this gives you the option to allocate a validator to stake your 14 day bonded LP tokens to, to add staking returns to your LP returns. It is important to note that in the initial stages, it has launched with a 50% discount rate. This means that only half of your OSMO (effectively a quarter of your total LP value) will earn staking rewards. This rate will be scaled up as the stability and safety of the process proves itself. Also, it will gradually roll out to other OSMO paired pools over time.

EVMOS.

The time is almost here. After a couple of delays, Evmos launch is now imminent. I posted in detail a couple of days ago, so go check that post out to see what is going on, and some of the projects that will be launching on Evmos. The only thing I will add is that a site is now live that currently shows how much airdrop you qualify for, and will become the claim and activity dashboard once it goes live.

Other airdrops.

Over the last couple of days, airdrops for MARBLE and RAC have gone live. These are both projects on JUNO. Both have LP's now available on Junoswap, and it will be interesting to watch these projects and see how they develop. Other airdrops have snapshots just completed, or coming soon.

Still waiting for news about the RAW airdrop, hopefully we get some more news about that this week.

Comdex.

The Comdex project has been chugging along. These uncertain times are leading many to await this platform keenly, in order to gain exposure to commodity assets while the macro situation is favorable to commodities. The chain has just been updated, with the addition of Cosmwasm being the key change. In addition, the team have integrated Gravity Bridge, in order to link to the Ethereum eco-system. An incentivized testnet will be rolled out any day now, to let people test the platform, and gain some familiarity with the mechanics of the platform.

Passage3d.

Passage3d could best be described as a Metaverse builder. They have launched a marketplace on JUNO for NFT's from an upcoming game they are launching, called Strangeclan. These NFT's had their first mint a month or two ago, but now a marketplace is live for this NFT collection, which will become a game. The floor price on the original mints is currently around 45 ATOM (roughly $1350), which demonstrated that this initial supply is in high demand. Owning these NFT's confers airdrop qualifications for an upcoming PASG launch on JUNO. Coming soon.


There is plenty more happening, but those are the key highlights as I see them. Stay tuned for more updates on my blog, as I attempt to keep across the explosion of activity happening throughout the Cosmos.

Cheers,

JK.

For more news, feel free to check these recent post:

Posted Using LeoFinance Beta