This Week in Cosmos with WhisperNode

Earning Opportunities, Testnets, Airdrops, Grants, Hackathons,Highlights, Career Opportunities, and more.

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WhisperNode & Popeblack
July 29, 2024

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


Everything Testnet

  • Elys Network's Testnet Phase 2
    To get started, register at testnet.elys.network and connect your Discord and Twitter accounts on Bonus Block. Complete daily quests such as Swap, Add Liquidity, and Stake to participate.

    Only on-chain interactions count, and there is a limit of one interaction per quest per day. Rewards include NFTs with varying token amounts based on rarity, which can be traded on the Stargaze marketplace. For any issues, post in the feedback section on Discord.


  • The Initiation: Part Two starts now!

    The last chapter begins with The Initiation: Part Two, a four-week sprint to upgrade your Jennie, test Minitswap, and explore Initia VIP launching in Week 3.

    Complete quests, earn four stickers for Jennie, and achieve one final evolution. Minitswap, a native mechanism for instant bridging optimistic rollup tokens, is now live. Jump back in: app.testnet.initia.xyz/xp and try Minitswap: minitswap.testnet.initia.xyz.

Reminder on ongoing Testnet

What's New in Cosmos, Interchain and IBC

  • Injective Integrates Mountain Protocol to Power Tokenized T-Bills

    Mountain Protocol is launching USDM, a yield-bearing stablecoin, on Injective. Backed by treasury bills, USDM offers a 5% yield. On Injective, USDM will be used as wUSDM, supporting trading, lending, and money markets while earning yield.

    This integration boosts capital efficiency, reduces opportunity costs, and improves market liquidity and in effect will lead to a more seamless flow for end users on Injective, since rebasing would not be necessary.

  • Interchain, meet Starknet

    Starknet and interchain ecosystems are collaborating, involving StarkWare, Starknet Foundation, and Informal Systems.

    The focus is on decentralization and interoperability using Tendermint and IBC protocols. Informal Systems is developing Malachite for a decentralized sequencer, and exploring IBC for token transfer between Starknet and other chains.

  • Llama 3.1 405B is live on Akash

    Llama 3.1 405B is now live on Akash, providing a powerful open-source AI model on the Akash Supercloud. The Akash Chat API is the best place to start building with Llama 3.1 405B, the most capable open-source AI model. Powered by NVIDIA H100s from the Akash Supercloud.

    Create an API key in less than 1 minute > Completely free > Permissionless. Get started with the Akash Chat web app at https://chat.akash.network or build with the API at https://chatapi.akash.network.


  • Welcome to Guzzler Club on Archway!
    Your tokens, and the open IBC road. no fee can stop you. Take your tokens wherever you want, whenever you want, without paying gas. The first rides are on us (Archway).


    Join the Guzzlers Club to claim your free gas for being an active participant in the Archway ecosystem. To be eligible, you need to stake over 500 $ARCH, hold a DropCamp Patch, and own an ArchiesNFT.


  • Fireblocks Integrates with Axelar

    Fireblocks has integrated with Axelar, a Web3 interoperability platform that connects blockchains to enhance scalability and cross-chain transactions.

    Axelar's AXL token supports this infrastructure, and Fireblocks provides advanced security, including custody and staking of AXL through partners like Figment and Kiln. Axelar currently connects 65 blockchains and has managed over $9 billion in cross-chain transactions.


  • Kujira v2 has arrived

    Kujira v2 integrates various financial tools into a single app. Over the past 3 years, Kujira has expanded from liquidations on ORCA to include FIN for on-chain trading, BOW for market making, USK stablecoin, GHOST for lending, and PILOT for token launches.

    The new app simplifies deposits, wallet funding, and access to core protocols, supported by partners like IBCProtocol, Axelar, Squid Router, Wormhole, Gravity Bridge, Noble, and Circle. Users can trade, lend, borrow, mint USK, and stake tokens, with upcoming upgrades enhancing trading strategies and USK stability. Kujira supports developers in building within its ecosystem.

  • What a week for the Sei ecosystem.

    A new IRL meetup structure has been announced. The first Sei Town Hall unveiled the next community initiatives. Dune integrated Sei into their platform. The Sei Foundation partnered with Karma Gap to offer more transparency for the new round of the Creator Fund.

    Jellyverse is now tradable on MEXC. The Stargate DAO proposal to bring native USDC and USDT bridging to Sei was approved. CappyCabal and blckmrktlabs partnered to host a raffle to fund heart surgery for a 9-month-old child. The Duckgang airdrop is now live. Pallet announced its new name service called DegeNS.



  • 2024 Secret Network Development Roadmap: Mid-Year Update

    Secret Network's mid-year update details progress on their 2024 development roadmap. The Confidential Computing Hub focuses on interoperability with EVM and non-EVM chains, developing use-cases like RNG, confidential voting, and encrypted file storage, and utilizing Axelar GMP and SecretPath for cross-chain communication.

    Network Infrastructure has been upgraded to Cosmos SDK 0.50, integrating new features like shared security and DCAP attestation, with ongoing efforts on a faster WASM engine and delayed write buffers for SNIP-20 tokens. Community initiatives include improved token creation, naming consistency, new partnerships, a revamped grants program, and an upcoming builders program. Looking ahead, Secret Network aims to integrate with more blockchains, develop additional use-cases, and enhance network scalability and features.


Earning Opportunities! Galxe quest, Giveaway and NFTs

  • 10000 USDC Raffle Live!
    The 10,000 USDC raffle is now live as part of Archway's Friends with Benefits campaign on Galxe, with 100 winners receiving 100 USDC each. Join the raffle

    On August 2nd at 1pm UTC, 10,000 USDC will be raffled among our Galxe badge holders. To join, complete the quest by minting any of our four FWBs campaign badges on Archway's Galxe Space. If you haven't minted a badge yet, there's still time to earn one and participate in the raffle.




  • Earn $500,000 $UNI Liquidity Incentives

    $UNI liquidity incentives are live on Sei Network. LPs can earn incentives by deploying a position on Oku and claiming $UNI on Merkl - Reward Hub.

    No staking is required; the address holding the position can claim the rewards. $500k in $UNI incentives will be distributed over the next 3 months: $200k for WETH/USDC (0.05%), $150k for USDC/USDT (0.01%), $75k for WSEI/USDC (0.05%), and $75k for WSEI/WETH (0.05%).

  • ATOM August with Stargaze

    In August, all featured collections will mint in ATOM as part of the ATOM Accelerator grant for ATOM minting on Stargaze. We are seeking artists and outreach professionals. Refer an artist who gets featured in August to earn a bounty.

    Only full collections (no OEs) are eligible, and bounties are only for August features. Featured artists from other ecosystems will also receive a bounty. One to three artists will be selected for this campaign.





  • Archway's Friends with Benefits Campaign is Live!

    Join Archway's Friends with Benefits Campaign on Galxe and earn exclusive NFT badges and USDC rewards.

    Complete quests to enter monthly raffles with $1,000 USDC up for grabs, participate in weekly meme contests for a chance at $300 USDC, and compete for up to $200,000 USDC in bounty rewards for token listings. The campaign runs from June 19 to September 19, 2024—start earning today!


A Galaxy of Opportunities

  • Sei Foundation Launches $50 Million Japan Ecosystem Fund to boost Gaming, Social, and Entertainment Sectors


    The Sei Foundation launched the $50M Japan Ecosystem Fund to support early-stage and scaling startups in Web3 gaming, social, and entertainment on Sei Network.

    Announced at "Sei Web3 Day for Japan" in Tokyo, the fund aims to enhance Japan’s crypto space and remains open to innovative blockchain projects beyond these sectors. Apply here

  • AEZ Quadratic Grant Round 3

    AEZ Quadratic Grant Round 3 is now open with an 8K $ATOM and 31K USDC funding pool for Cosmos ecosystem projects.

    If you have a public good or appchain idea, this is your opportunity to showcase it. Submissions close on August 10th. Apply here: https://dorahacks.io/aez/round


  • Phil Labs is hiring

    Phil Labs is a core contributor to the Archway Protocol, a layer 1 blockchain enabling developers to capture the value they create. We contribute one block at a time through numerous engineering, operational, design, and marketing initiatives.


    Join Phil Labs and start building as we're hiring for several remote positions: Social Media Manager, Business Development Lead, NFT Ecosystem Lead, Backend Engineer (Protocol), Site Reliability Engineer (Network Experience), and Engineering Manager (Protocol).




  • Berachain Careers

    Berachain is a high-performance, EVM-compatible L1 Blockchain, looking to challenge the traditional Proof-of-Stake ethos.

    Open roles: Indonesia Growth Lead, Japan Growth Lead, Liquidity Lead, Philippines Growth Lead, Singapore Growth Lead, Thailand Growth Lead, Marketing Lead, Developer Relations Engineer (DevRel), Senior Software Engineer | Core, Staff Software Engineer | Backend, Staff Software Engineer | Smart Contracts, APAC Growth Lead. 



A Universe of Airdrops

The cosmos is alive with airdrop excitement.

  • $DRAGON airdrop for Dungeon Chain: ATOM stakers eligible, with special multipliers for loyal delegators and OG NFT holders, utilizing Cosmos Hub's partial set security for gaming app efficiency.

  • Update on DeFund airdrop: eligibility for TIA holders and participants in previous DeFund testnets receiving a Loyalty Drop.

  • MilkyWay's MASSDROP is delayed to build a minitia for broader modular ecosystem support and launch a Restaking Hub. The MILK token will be issued in H2 2024, with continued mPoints and new campaigns to reward early supporters.

  • Check your $KAI Airdrop eligibility, if you've used the Kinetix DeFi hub for swaps, LPing, farming, or trading perps.

  • The Penumbra airdrop allocation is live. Claiming details and procedure here

  • The $ELE Airdrop now includes $DYM active users from dymension, joining the list of eligible active users from $NTRN, $ATOM, $OSMO, $DYDX, $AKT, and $TIA.

  • Sunrise Airdrop's Wave 1 targets Gluon stakers, with Wave 2 now including Celestia, Milky Way, and Stride holders, all with a snapshot on June 14, 2024, at 6:00 UTC, while Wave 3 and 4 details remain undisclosed. 

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