After rising to a wait time of nearly three weeks, the Ethereum activation queue (the backlog of fully-funded validators waiting to be added to the active set on the Beacon Chain) waiting time has dropped back to less than a day. This is a level not seen since early March. What happened?
Comdex recently announced its synthetic commodities DEX where users will be able to collateralize their IBC assets such as $ATOM, $XPRT, and their native token $CMDX to mint a whole host of synthetic commodities.
On March 1, 2022, the Osmosis team changed the game for proof-of-stake networks and expanded users’ ability to secure the network by introducing a new concept called “Superfluid Staking” that goes way beyond simply staking tokens to a validator.
Archway’s design dramatically changes how protocol revenue is distributed amongst network participants. Archway bakes developer incentives directly into the protocol, allowing dApps to earn revenue from the block demand they create.
Currently, the only IBC function available in the Cosmos is token transfers. This will change with the Theta and Rho upgrades; Interchain accounts will allow users to enable an account on one blockchain to securely control an account on another chain.
Passage is an online 3D space that allows users to have meetings, video chats, conferences, presentations and collaborations in a metaverse setting. Passage represents the first attempt to establish a Metaverse in the Cosmos ecosystem.
Evmos is an application-agnostic Cosmos chain that will be interoperable with the Ethereum Mainnet, EVM-compatible environments, and other BFT chains via IBCs, making it easy for users and developers to easily move value between chains.
The Avalanche ecosystem has experienced tremendous growth over the past year. With over $12B TVL, and over 70,000 daily active users, Avalanche has become one of the largest hubs for DeFi outside of Ethereum.
Althea is a decentralized, blockchain based protocol for multi-stakeholder networks. Participants earn revenue automatically by hosting hardware, providing bandwidth, or supporting the service layer of the network.