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?

• New testnets opportunities

• Cosmos ecosystem highlights: Injective, Axelar, Dymension, Sei, Jackal and more

• New earning opportunities

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

EVERYTHING TESTNET

• Berachain's Public Testnet bArtio B2 is now live
  Berachain is a high-performance EVM-identical blockchain built on Proof-of-Liquidity, and supported by the BeaconKit framework.

  
  Berachain V2 introduces BeaconKit, an EVM-focused development framework designed to improve the Berachain experience. Taking principles from ETH2’s modular separation of consensus and execution, developers can now utilize any execution client on Berachain V2 with BeaconKit.
  
  Begin bArtio B2 testnet here
  
  

  

  
  
  

• Closed Beta Launch — How to get started with Bull & Bear

  Bull & Bear is a rapid trading and predictions decentralized platform. Its primary function is to allow users to speculate on the price fluctuations of a variety of crypto assets through a refreshing one-tap trading interface at different time intervals.
  
  In order make rapid trades and predictions on Testnet you will need an (early) access code. You can receive a code here
  
  Get Started on Bull and Bear
  
  

  

  
  
  

• SEDA technical roadmap: From Mainnet Beta v0.1 → Mainnet v1.0

  SEDA progresses from Mainnet Beta to v1.0, starting with module deployments and proxy node integration. Testnet upgrades focus on decentralizing overlay and solver networks, followed by incentivization and stability testing.
  
  Mainnet v1.0 introduces complete integration with POC partners, network inflation voting, and ongoing developments for wider blockchain integration and community engagement. Earn rewards by joining the testnet. Sign up to run an Overlay node or deploy solvers on testnet and connect with the team on Discord.

  
  

  

  
  
  

• Civitia Incentivized Testnet is LIVE Continues

  Civitia is a SocialFi gamified dApp powered by a modular move-based interwoven rollup on Initia, with Celestiaorg underneath.
  
  Civitia’s Incentivized Public Testnet is a journey for all citizens to become on-chain landlords ahead of Initia mainnet.
  
  

  

  
  
  
  

• Shannon Public Testnet is live!

  Explore the foundation of the blockchain, essential building blocks, and tooling on Shannon Alpha 1 Testnet. Engage with the community, pick up bounties, and deploy your own Supplier and Gateway!
  
  

  • For devs - Choose a bounty, explore on-chain events, data types, queries + historical data. Documentation here

  • For operators - Deploy a permissionless Gateway and Supplier with a Documentation guide here

    
    

    

    
    
    
    

• Rivalz Incentivized Testnet Continues

  Rivalz Intel Incentivized Testnet live on Dymension. During the testnet users can earn Testnet Points. These will directly dictate the Rivalz $RIZ airdrop - set to happen in early Q3 2024.
  
  You can get Testnet Points by: Running Light rClient, Completing Social Challenge and Minting Data Fragmentz on the Testnet. Testnet guide here
  
  

  

  
  
  
  

• Babylon Bitcoin Staking Testnet-4 Launch

  This testnet aims to focus on the security of staked Signet Bitcoins by testing user interactions with the Signet BTC test network. The Babylon Bitcoin Staking Testnet-4 goes live tomorrow, Tuesday, May 28, 2024.
  
  Key participants, including Bitcoin holders, validator teams, wallet providers, custodians, and liquid (re)staking protocols, will have the opportunity to explore and evaluate Bitcoin staking. Stakers can participate in our Bitcoin Staking Chronicles campaign on Galxe
  
  

  

  
  
  

• Soarchain - Runner Drop
  Runner Nodes in Soarchain use layer-2 scaling to manage data and verify mobile data, enhancing scalability and security.
  
  To join the Runner Drop and share in the 5,700,000 SOAR allocation, follow the steps to set up a Soarchain wallet, send a small transaction, and submit your wallet address.

  
  

  

  
  
  
  

• Initia Incentivized Testnet - Feeding your Jennie

  6 weeks left to complete Initia Incentivized Testnet, Feed your Jennie, and participate in the 6 Minitias testnets. Initia testnet guide here

  
  

  

What's New in Cosmos, Interchain and IBC

• A Programmable Token Economy for Deflationary Acceleration

  This Paper details INJ's token economic design, highlighting its utilities, supply mechanics, and deflationary framework post the INJ 3.0 upgrade (IIP-392). INJ, the native asset of Injective, serves various roles including transaction fees, staking, and governance, with dynamic supply mechanisms and a Burn Auction to ensure deflationary pressure.
  
  The Mint Module adjusts the Supply Rate based on bonded-stake ratios, fostering economic stability and long-term sustainability, supported by a fully unlocked initial supply and strategic parameter adjustments.

  
  

  

  
  

• Tokenized assets could be a $16T opportunity

  RWAs could be a $16T opportunity – if only they are interoperable across many private + public blockchains. Financial institutions like Citi, Deutsche Bank, Mastercard, NorthernTrust, Centrifuge, and Metrika are delving into multichain interoperability for tokenized assets, aiming to navigate risks and seize opportunities.
  
  Learn their insights and strategies in the research paper "Institutional Interoperability: How Financial Institutions Navigate a Multichain World" authored by Emily Parker, supported by MAS_sg.
  
  

  

• Introducing DYM Sponsorships

  DYM Sponsorship is a weight-based voting system for DYM stakers, responsible for choosing how to split the onchain incentive stream between RollApps and liquidity pools.
  
  Dymension stakers now use a weight-based voting system to dynamically allocate DYM incentives to RollApps and liquidity pools, enhancing the Internet of RollApps. This new sponsorship model ensures efficient distribution and greater support for emerging RollApps. Engage in the future of Dymension by staking your DYM and casting your votes.
  
  
  

  

• Blockchain interoperability and decentralized storage solutions

  The strategic partnership between Landslide and Jackal Protocol represents a significant advancement in blockchain interoperability and decentralized storage solutions.

  
  The partnership is expected to enhance dApp capabilities by allowing seamless operation across multiple blockchain environments, combining Landslide’s fast transaction processing with Jackal’s secure storage solutions. This integration aims to improve user and developer experience, increase market reach, and set new standards in blockchain interoperability.
  
  

  

  
  
  

Earning Opportunities! 

Galxe quest, Giveaway and NFTs

• Sei Partnered with Revolut
  Sei partnered with Revolut - the all-in-one finance app trusted by 40+ million users, has launched a Crypto Learn campaign in collaboration with Sei.
  
  Discover how Sei’s pioneering parallelized EVM enhances speed, security, and developer tools to meet evolving needs. Join Revolut’s incentivized Learn and Earn campaign
  
  

  

  
  
  
  
  

• Introducing the brand new Ninja Masters Referral Program
  Ambassadors can now earn rewards by inviting new members and earn more rewards when their referees invite others! Once you successfully level up to the Knight rank, the rewards you can potentially earn will be based on this points system.
  
  Referrals of new ambassadors are currently the highest point category. You are encouraged to onboard new ninja ambassadors since that can also lead to many more potential rewards offered by the referral program.

  
  

  

  
  
  
  

• InterlinkedDAO Community Competitions

  The third month of community competitions, brought to you by InterlinkedDAO, In the Axelarators (Axelar Unofficial) Telegram group, strives to foster meaningful discussions and cultivate a vibrant community dedicated to Axelar's vision of interchain connectivity.
  
  

  New rewards structure this month:

  🏆 1st to 30th: 150 AXL each

  ⭐️ 31st to 80th: 100 AXL each

  Plus, there's a 2560 AXL bonus for the most creative contributions! Winners for June will be announced the first week of July.

  
  

  

  
  
  

  
  
  

• Sei Network v2 Launches with 100x EVM Improvement

  Sei Network v2, the first parallelized EVM, offers a 100x improvement in performance. EVM developers can now leverage Sei’s optimizations, including parallel processing and the fastest time to finality, without changing their code.

  
  

  To celebrate, Flipside is launching the Sei Academy, where users can learn about Sei, earn tokens, and build their on-chain reputation. Additionally, three new Sei quests will guide users on getting started and earning rewards. Explore Sei Network and get ahead with Flipside's data and resources!

  
  

  

  
  

• Join the Interchain Amplifier Pilot Program!

  Axelar's integration with Stacks connects Bitcoin's leading L2 with new ecosystems, expanding the Bitcoin economy. With Axelar’s Interchain Amplifier, Hedera Network’s speed, scalability, and low fixed fees can soon connects to institutions, creators, and consumers around the world,
  
  This quest features Interchain Amplifier Pilot Program project Stacks, the leading Bitcoin L2 for Smart Contracts, Apps & DeFi!, Win 500 STX, 1,000 AXL, or $65 in Stacks merch.
  
  

  

• Security researchers and engineers are welcome to participate in Babylon Cantina security campaign with $150,000 USDC in rewards
  
  

  

A Galaxy of Opportunities

• Executive Assistant at Juno

  Juno network is looking for an executive assistant to support the work of the Council and the Departments (https://hackmd.io/@G2q75faESMyRkexdnhUCpA/B1NPVxxRh). This job can be done remotely and we are looking forward to receiving applications from passionate people who want to drive the Juno network (https://junonetwork.io) forward with us.
  
  Comment Proposals should be submitted electronically to [email protected] and include your CV, letter of application, references as well as your expected monthly compensation for a 20 hour week. Your letter of application should focus on how you want to fulfill the requirements of this job and how you organize your work.
  
  

  

  
  
  

• Careers at Interop Labs

  Interop Labs is the initial developer of Axelar network. Inviting you to Build the interconnected future of Web3 together.

  
  Open Roles at Interop Labs: AI/ML Distributed Systems Engineer, Head of Marketing, APAC Marketing & Community Manager, and Smart Contract Security Engineer

  
  

  

• Develop a functional Minimum Viable Product on Sei

  Looking to go super seiyan and leave your cushy Web3 job to build a startup?
  
  The Sei Foundation is offering a three-month stipend to help builders develop a functional Minimum Viable Product on Sei. If you're interested, DM Head of BD Justin Barlow to introduce yourself or tag potential applicants. You can be awarded $25k for successful referrals who complete the program and go on to raise external funding.
  
  

  

  
  

• Archway Hunt-A-Thon
  
  Archway is a Cosmos-native layer 1 blockchain that puts developers first. By rewarding developers programmatically based on the transaction volume they bring to the network, developers are able to benefit from the value they help create.
  
  

  Developers are invited to participate in Archway Hunt-A-Thon. Build on a Cosmos-native blockchain that values developer contributions. Submit your scalable, cross-chain dApps by June 7th to compete for a share of the $100,000 prize pool and a chance to secure extended funding within the Archway ecosystem.

  
  

  

• Secret Network HackSecret III

  Secret Network enables developers to build decentralized applications with encrypted data, both natively on Secret and on other blockchains through cross-chain communication, unlocking powerful new use-cases for Web3. This is known as Decentralized Confidential Computing, or DeCC.
  
  
  This hackathon includes two tracks, one for cross-chain applications, and one for native Secret applications. The choice is yours!
  

  

• 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.

  

  
  

• SEDA Protocol is on the lookout for a Business Development Associate to enhance and expand its ecosystem. This role involves building new partnerships and strengthening existing ones across leading blockchain projects, utilizing SEDA's multichain, permissionless protocol that connects real-world data to blockchain networks.

A Universe of Airdrops

The cosmos is alive with airdrop excitement.

• Astrovault will airdrop $AXV to those who staked 1000 $PLQ before May 5, 2024, claimable on July 3, 2024.

• 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.

• $MAND RollDrop, TrustDrop, Testnet & OGDrop will be distributed on June 14.

• 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. Snapshot has been taken

• 20% of the total 200,000,000 CROW allocation will be distributed to $DYM stakers (60%), Crow Egg NFT holders (30%), and other NFT holders (10%), with the snapshot for $DYM stakers already taken and the NFT holders' snapshot to be taken soon.

• 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.

• $SAGA Vault Two Airdrop snapshot will be taken before June 13th.

• Saga is excited to roll out the Power-Level Over 9000 airdrop campaign, featuring a series of "Vaults" for distributing SAGA tokens, starting with the First Vault, which allocates 3 million tokens.

• IBC is launching a unique airdrop campaign! Chains that retweet the post with "We Sign Da $IBC DuMB ConTraCt" will make their stakeholder eligible for participation. Zero Chains has already been selected for the airdrop.

• PRYSM will feature the Mad Scientists NFT collection in its upcoming mainnet airdrop, highlighting its unique integration with the $LAB token for an interactive minting experience.

• The snapshot for the $AXV airdrop to $PLQ stakers occurred on May 1, 2024, targeting stakers ranging from 1,000 to 100,000 $PLQ.

• The Mande Network is launching RollApp with 5 million $MAND tokens as incentives for early users, initiating a series of strategic development phases to enhance blockchain applications with credible, innovative features.

• NIM allocations are now automatically available for all since the TGE. Ledger users with Keplr and Leap wallets can check their NIM balance by connecting to the Nim chain on the Dymension portal, ensuring they select the EVM account used with their wallets.

• The snapshot for the Astrovault $AXV airdrop was taken on 1-5-2024 for $PLQ stakers with holdings between 1,000 and 100,000.

• The $COOK airdrop, accounting for 5% of token allocation, will be claimable after the campaigns end. The snapshot was already taken!

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.

Over the past 7 days, the best performers in the Cosmos are $OLT ($0.0028, +13.0%, $STRD ($1.73, +8.27%), $INJ ($28.12, +7.09%), $KUJI ($1.40, +5.66%), and $ANC ($0.0128, +5.08%). Which coins are you holding this week? Shout out Cosmsolytics

Key Governance Votes on IBC-Chains  

• VOTING IN PROGRESS: Funding 3rd-Party Audit of ATOM Wars / Hydro Platform

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