This Week in Cosmos with WhisperNode

Welcome to This Week in Cosmos, brought to you by WhisperNode, your go-to roundup of the most compelling developments in the Cosmos ecosystem

What did we cover this week?

• Cosmos ecosystem highlights: Injective, Secret, Sei, and more

• New earning opportunities

• Galxe of opportunities: Career openings, Bounties for devs, Hackathons, and more

• Missed last’s week highlights? Read Here
  
  
  

What's New in Cosmos, Interchain and IBC

• TruFin's Institutional Liquid Staking Solution Launches on Injective
  TruFin has integrated its institutional-grade liquid staking solution, TruStake, and its liquid staked token, TruINJ, onto the Injective blockchain, offering a new tool for users within the Injective ecosystem that adheres to stringent institutional standards.
  
  

  

  
  This collaboration leverages Injective's decentralized finance (DeFi) infrastructure, focusing on cross-chain compatibility, fast transaction speeds, and a decentralized network to provide a compliant and transparent way for institutional investors to generate rewards from staking revenue. TruFin, with a current Total Value Locked (TVL) of approximately $270 million, boasts partnerships with Hex Trust, Twinstake, and Zellic, and offers features such as automatic re-staking of rewards and instant TruINJ redemption via DEX liquidity, contrasting with the 21-day unbounded period of native INJ.

• The Rise of AI Agents on the Injective Blockchain
  The cryptocurrency market is experiencing a surge in AI agent adoption, with a total market capitalization exceeding $9 billion, driven by applications ranging from memecoins to sophisticated trading bots. Injective is witnessing significant growth in AI agent activity and use cases, leveraging its infrastructure to support this burgeoning sector.
  

  

  
  The iAgent SDK, a new development on Injective, simplifies AI agent creation. It enables both technical and non-technical users to build and deploy agents using natural language commands for tasks like order placement and balance checks.
  

• Akash Console Now Accepts Credit Card Payments
  Akash Console has integrated credit card payments via Stripe, allowing users to easily pay for compute resources using familiar payment methods alongside existing AKT or USDC options.
  
  

  

  
  This new feature simplifies access to the Akash Supercloud, making permissionless cloud computing more accessible to developers and enterprises who prefer traditional payment methods, and complements a new free trial offering $10 in credit.

• Artemis AI Utilizes SEDA for AI Oracle Programs
  Artemis AI, a creator platform combining NFT marketplaces and decentralized social interaction, leverages the SEDA protocol to enable its smart contracts to interact with GPT-4, allowing creators to generate and tokenize AI art prompts on-chain.
  
  

  

  
  This process involves users inputting basic prompts, a smart contract querying a GPT-4 wrapper via SEDA for optimized prompts, and on-chain verification of prompt purchases and NFT transfers using SEDA's execution proofs, facilitating community engagement and cross-chain prompt remixing and acquisition.

• Namada Mainnet Phase 1 Launch and Staking
  Namada has successfully launched its mainnet phase 1, enabling users to participate in staking and governance through various interfaces like Namadillo (a user-friendly interface available through multiple community-hosted instances) and options provided by OmniFlixNetwork and CosmicValidator.
  
  

  

  
  
  While staking rewards will begin in phase 2, users who stake their NAM tokens before then via the provided methods will still receive retroactive rewards; a minimum of one week remains before phase 2 commences, with the governance proposal launch date to be announced.

• Sei Ecosystem's Thriving Week: Record User Growth and Key Integrations
  The Sei ecosystem experienced a remarkable week, highlighted by an all-time high (ATH) in daily active users, demonstrating significant and consistent growth.

  
  

  

  
  
  Several major integrations accompanied this growth, including the launch of Sei NFTs on Magic Eden, partnerships with prominent projects like Relay Protocol and Chirpley, and the continued success of Sei-native games such as DriftZoneGG.

Top 5 Active Zones in the past week: IBC Volume, Transfers, Txs, Peers, Channels, WAU, and Activity metrics across the Interchain ecosystem.

Earning Opportunities! Galxe quest, Giveaway and NFTs

• Eric Chen announces a $10,000 donation for contributions to iAgent tooling and apps development.
  Eric Chen, a prominent figure in the Injective community, has pledged a personal donation of up to $10,000 to individuals or teams who contribute valuable tools and applications to the iAgent project.
  
  

  

  
  
  iAgent is an agent fine-tuned on the Injective trading framework and documentation, aiming to enhance the user experience and trading capabilities within the Injective ecosystem.
  
  
  
  
  
  
  
  

• BonusBlock <> Axelar Campaign
  Axelar has launched the Axelar Explorers Program, offering a 100,000 AXL prize pool over 3 months for participants who complete partnerships with 7 different dApps.
  
  

  

  
  
  The first partner announced is Frax Finance. By completing each season of the program, users can earn AXL rewards. This initiative aims to foster engagement and awareness within the Axelar ecosystem.

• Meme Coin-Focused Trading and Interval Trading | Injective Bounty
  The Injective Foundation is seeking proposals to develop a user-friendly application that combines meme coin trading with interval trading features. The key objectives are to simplify the trading experience, boost user engagement through a rewards system, and ensure market integrity with robust risk management.
  
  

  

  
  
  The application must comply with all applicable laws, support multiple tokens, integrate liquidity vaults, and utilize an oracle system for reliable price feeds. The proposals will be evaluated based on innovation, feasibility, security, and community impact.

• Civitia Testnet v2
  Civitia, a finance-focused board game, has launched its v2 testnet. Players can now mint cities, collect yield, and compete in seasonal gameplay. Civitia is built on a modular, interwoven rollup architecture powered by Initia Foundation, with Celestia providing the underlying infrastructure.
  
  

  

  
  This unique setup enables Civitia to provide an on-chain gaming experience. Users are encouraged to try the testnet and prepare for the upcoming mainnet launch.
  
  
  
  

  
  

A Universe of Airdrops

The cosmos is alive with airdrop excitement.

• Side Protocol's genesis airdrop allocates 100M $SIDE tokens across Bitcoin users, NFT communities, $ATOM stakers, validators, public goods, testnet participants, and whitelist campaigns, with registration open from Nov 26 to Dec 15, 2024, and tokens claimable after mainnet launch in January 2025.

  
  

• Namada mainnet launches December 3rd, 2024 at 15:00 UTC. $NAM tokens will be accessible for staking and governance immediately, with transfers enabled later in Phase 5 after network stability is confirmed.
  

• MANTRA allocates 50M $OM for GenDrop, rewarding 350K+ users across KARMA quests, NFT holders, validators, and Galxe campaigns. Claim here: checker.mantra.zone.
  

• Hydro's pilot lets $ATOM stakers vote for liquidity and earn tributes while keeping staking rewards. Airdrops may follow for participants. Details: hydro.cosmos.network/voting.
  

• Shade Protocol launches $eSHD, rewarding social engagement with redeemable tokens for $SHD and perks. The first eDrop will be on November 28. Join at zealy.io.
  

• The $ATONE airdrop has been distributed to eligible $ATOM holders, with the allocation based on their Cosmos Hub Prop 848 voting behavior, and users can now view their $ATONE balance and stake it.
  

• Defund is offering an airdrop for $TIA stakers, Osmosis liquidity providers, Defund testnet participants, and Sui Network users, with additional eligibility criteria to be announced.
  
  

Cosmos IBC Analysis

Over the last 7 days, IBC value transfers peaked at $26.6 million on Osmosiszone, followed by $13.2 million on Cosmoshub, $12.2 million on Axelarcore, $4.9 million on Akashnet, and $4.2 million on SecretNetwork.

Shout out Cosmsolytics

Key Governance Votes on IBC-Chains  

• VOTING IN PROGRESS: Signalling Proposal to Whitelist the Deployment of InterChain NFT Contracts
  
  
  
  

  And remember, for an optimal staking experience, choose WhisperNode as your validator