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This Week in Cosmos with WhisperNode
Earning Opportunities, Testnets, Airdrops, Grants, Hackathons,Highlights, Career Opportunities, and more.
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 Phase 2 Testnet
Leverage liquidity provisioning allows users to provide liquidity with borrowed funds, amplifying their exposure to the assets within the pool.
The new feature allows adding leveraged funds to existing positions in a pool without changing leverage, but adding collateral reduces leverage. UI updates forthcoming include liquidation price and actual leverage display. Begin Testnet hereAigisos Incentivized Testnet
Join the Aigisos Phoenix Incentivized Testnet by getting the ChampApe role on Aigisos Discord, and participate in trading activities on AIDX to earn from a 4 million AIG reward pool.
Test AIDX's features, including spot and perpetual trading with AI assistance from Finch, and share your successes for additional rewards. All rewards will be sent to your registered wallet at the launch of the Aigisos RollApp blockchain. Full details hereUnion Public Testnet is Live
Union’s public testnet is now live, offering users the chance to test modular interoperability by transferring assets between the Union testnet and Ethereum Sepolia.
Access the testnet, connect your wallet, obtain testnet tokens, and engage with the platform. This marks a crucial step towards Union's vision of a secure, decentralized, ZK-powered interoperability layer for all blockchain ecosystems.
Sunrise Testnet
Sunrise is a specialized Data Availability (DA) layer for Proof of Liquidity (PoL). This incentivized testnet offers our users a unique opportunity to explore and experience the Sunrise app before our mainnet launch.
Additionally, if you participate in the testnet, you’ll be eligible for Wave 4 of the $RISE airdrop. This incentivized testnet will receive the single largest allocation for the $RISE airdrop, directly rewarding our earliest users. Testnet guide here
Reminder on ongoing Testnet
What's New in Cosmos, Interchain and IBC
Prime Intellect Integrates Permissionless Akash GPUs
Prime Intellect now integrates high-performance GPUs from the Akash Supercloud, including NVIDIA H100 and A100 models. This makes it easier for AI developers to access powerful compute resources through a permissionless, peer-to-peer marketplace.
Akash's integration with platforms like Brev.dev, FLock.io, and Morpheus enhances user convenience by providing direct access to GPU resources from preferred platforms. To start using an Akash GPU cluster on Prime Intellect, visit primeintellect.ai.
IoTeX has integrated with Injective
The DePIN modular infrastructure for everyone, IoTeX is now integrated with Injective, enabling the seamless transfer of IoTeX assets to Injective.
This in turn allows for novel DePin applications, use cases, and assets to enter the Injective ecosystem via a diverse array of dApps built on Injective. IoTeX will bridge to the fastest blockchain for finance and unlock a world of novel DeFi for DePIN apps and use cases.Penumbra Final Summoning Rites
Penumbra Mainnet is LIVE! Penumbra is launching with a structured approach to token allocations and network phases. Phase 0 involves community-selected validators and a focus on network stability, leading to Phase 1 where IBC connections will be established.
Penumbra’s token economics and resource management are meticulously crafted to ensure efficient, privacy-preserving transactions and fair staking rewards. The multidimensional gas pricing system and unique staking mechanisms highlight the protocol's innovative approach to economic security.
WhisperNode is live and listed on https://penumbra.today/ currently as the #11 validator. If you have $UM and are looking for a place to delegate please show your support and stake with us! You can stake here. When you stake $UM, it converts to delUM & is auto-compounded, so rewards add to the stake. When you unstake, your delUM will convert back into $UM.Secret Network’s Confidential Computing Layer is now integrated with Scroll
Secret Network is partnering with Scroll, an Ethereum Layer 2 network, to integrate Secret’s Confidential Computing Layer. This integration provides Scroll with decentralized confidential computing tools, enabling features like private voting for DAOs, encrypted storage, secure random number generation, confidential NFTs, sealed-bid auctions, and encrypted DeFi order books.
Scroll leverages zero-knowledge proofs to scale Ethereum, enhancing security, decentralization, and censorship resistance. Developers can start building on Scroll and use Secret’s tools by checking their respective documentation and community resources.Axelar Ecosystem
Axelar Network's ecosystem is growing with new projects integrating interchain tokens through the Interchain Token Service (ITS). Projects like AethirCloud, Volaris Games, Omni Kingdoms, pStake Finance, Lightspeed Coin, Etherway, Houdini Swap, Saga, Stake DAO, and Immutable have adopted ITS to enhance cross-chain capabilities.
Discover how these projects are leveraging Axelar's technology for improved interoperability. Read the full post here
Vidos Partnered with Cheqd
As our digital lives expand, secure and verifiable identities become essential. Vidos is partnering with Cheqd to enhance identity solutions by utilizing DID-Linked Resources (DLRs). DLRs link important information to Decentralized Identifiers (DIDs), adding context, increasing trust, and improving interoperability of digital identities.
This partnership aims to make digital identities more secure, accessible, and universally integrated, supporting seamless verification across different systems and compliance with global standards. To learn more about how Cheqd and Vidos are building a connected digital world and the benefits of DLRs, read the full articleBabylon Meets Magpie
Babylon Bitcoin staking protocol is enhancing Bitcoin’s utility by allowing BTC holders to stake their assets and maximize passive income. Magpie has introduced Babypie, a SubDAO for staking BTC through Babylon, to support Bitcoin's growth and expand DeFi opportunities.
Babypie offers liquid staking services, converting BTC into mBTC for additional yield. The BBP token governs Babypie and earns rewards. User security and strategic partnerships are prioritized, ensuring a secure and profitable DeFi experience. For more details on Babypie and its benefits, read the full articleShade Protocol Alpha
Shade Protocol had a great month with their Alexandria upgrade and the launch of their NFT collection. The Alexandria upgrade included improved analytics, the introduction of the SHD liquid staking token (dSHD), six new pools, and ShadeLend support for BTC.osmo and wstETH (Lido/Neutron).
The NFT launch on Stashh was successful, with all 300 Shade Spartans minted, plus a rare Leonidas auctioned off. The NFT Mint generated $27,182 in total proceeds, which will be split 50/50 between SHD buyback and conversion into SILK/SHD liquidity.Osmosis, the Interchain DEX: H1 2024 Highlights
Osmosis has facilitated over $7B in trading volume this year, reaching a total of $34B since inception. The platform generated and distributed $7M+ in Taker fees and leads the Cosmos ecosystem in IBC transaction volume.
Notable upgrades include Smart Accounts for improved UX and Alloyed Assets to address liquidity fragmentation. The Osmosis DEX now features new pages for transactions and assets and has implemented a Top-of-Block Auction mechanism to enhance trading efficiency. Community governance has seen significant updates, including the introduction of a burn mechanism and partnerships with BitGo and Astroport. For more detailed insights, read the full article hereSEI ECOSYSTEM
What a week it's been for the Sei ecosystem! The first round of the Sei Creator Fund concluded, TVL on Sei reached its all-time high, $UNI liquidity incentives went live on Oku, Yei distributed over 1 million $SEI tokens in rewards.
Sei Network connected to Hyperlane for rapid token bridging, Meme.trade and Nesa deployed on Sei v2, DragonSwap's Hoard became available, MRKT launched its rewards program, and Yaka Finance initiated a one-month Rush incentive program.
Earning Opportunities! Galxe quest, Giveaway and NFTs
Introducing Axelar- Gold City's official cross-chain bridge
BlastScore, or Blast L2 Native Reputation Protocol, is an innovative reputation infrastructure that analyzes all chain-user activity on the network in real time.
Axelar is the best way to bridge assets across L2s and non-EVM chains. Complete missions and earn $AXL tokens from Loot Boxes!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 new way to earn on Sei
Symbiosis is a cross-chain AMM DEX that pools together liquidity from different networks: L1s and L2s, EVM and non-EVM. With Symbiosis, you can easily swap any token and move your assets across different networks.
Bridge Stablecoins with Symbiosis and earn up to 10 $SEI tokens, In this quest, you'll swap stablecoins (USDT or USDC) from any network into Sei.Helix 2.0 Reward season
To celebrate the launch of Helix 2.0, Helix is launching an exclusive campaign to reward the best Helix 2.0 launch supporters. By sharing news on Twitter, referring your friends, and trading on Helix, you have the chance to get a share of the $10,000 prize pool.
The $10,000 USDT will be distributed proportional to the number of points you earn. The Top 10 on the leaderboard might get something special!
A Galaxy of Opportunities
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.
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.
stDYDX Airdrop claim is live. 150,000 STRD will be airdropped to stDYDX holders based on daily snapshots over 120 days, with STRD distribution proportional to stDYDX holdings and duration.
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
Vault Two of the Power Level Over 9000 campaign is rewarding $SAGA stakers with exclusive NFTs and tokens across three categories: All Stakers, 25K Tier Stakers, and 5K Tier Stakers based on stake increase percentages and loyalty bonuses. Partnerships with Rogue Nation, Forest Knight, SmartMoney, Bullieverse, and Iskra offer unique rewards.
The Sei Foundation’s Airdrop #2 will distribute 34,435,600 SEI to 44,445 unique addresses for active participation in the Sei ecosystem since launch. Visit https://airdrop.sei.io/ to check eligibility and agree to the terms by connecting your wallet before Phase 3 of the Sei v2 launch.
RSTK Airdrop Phase 2 - RSTK airdrop for holders of ampWHALEt and bWHALEt on Migaloo and Mad Scientists on Osmosis. RSTK will airdrop ampWHALEt and bWHALEt holders. 6 snapshots were taken at random intervals over the past 6 weeks to determine eligibility.
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.
Are you staking $NIM? The first airdrop is coming. A snapshot has been taken
Kartel Kombat airdrop allocation update, Kartem will airdrop 1% for $KUJI stakers and 2% for winners of the upcoming "Kartel Kombat" competition.
SwissTronik will also provide $1M worth of its SWTR tokens to the Secret Community, out of which $700K will be distributed as an airdrop to the community members, and $300K will be distributed through development grants for implementation of SwissTronik decentralized identity applications on Secret.
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.
Best performers in the Cosmos over the last 7 days: $EROWAN (69.28%), $ION ($233.27, 17.11%), $STRD ($1.49, 10.43%), $INJ ($23.33, 9.85%), $MNTL ($0.0009, 9.68%). Which coins are you holding this week?
Shout out Cosmsolytics
Key Governance Votes on IBC-Chains
VOTING IN PROGRESS: Gaia v18 Software Upgrade
VOTING IN PROGRESS: Create the Cosmos Hub’s Governance-Controlled Interchain Account on Neutron
VOTING IN PROGRESS: Verifiable Compute for Akash Network
VOTING IN PROGRESS: AMM Incentive #5
VOTING IN PROGRESS: Hexxagon Proposal for Validator and Chain Upgrade Support
VOTING IN PROGRESS: Add USDT.solana.pica to Alloyed USDT
And remember, for an optimal staking experience, choose WhisperNode as your validator