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

• Chain Abstraction Coalition: First Co-Testnet Is Now Live on Particle Pioneer
  The Chain Abstraction Coalition, featuring networks like Arbitrum, Berachain, Avalanche, BNB Chain, Linea, and Botanix, has launched its first Co-Testnet, highlighting Berachain and Sei. This Co-Testnet demonstrates chain abstraction through Particle Network's Universal Accounts, allowing seamless interaction across blockchains.
  
  Users can earn rewards by performing cross-chain transactions, with additional points for using Berachain Artio or Sei Testnet. This initiative aims to reduce ecosystem fragmentation and promote a unified Web3 experience, showcasing the benefits of chain abstraction technology.
  
  
  

  

• 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

• Sunrise Testnet

• Elys Network Phase 2 Testnet

• Aigisos Incentivized Testnet

• Union Public Testnet is Live

• Berachain's Public Testnet bArtio B2 is now live

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

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

• Civitia Incentivized Testnet is LIVE Continues

• Rivalz Incentivized Testnet Continues

• Babylon Bitcoin Staking Testnet-4 Launch

• Soarchain - Runner Drop

• Initia Incentivized Testnet

• Crynux DeAI Testnet is Live

What's New in Cosmos, Interchain and IBC

• Injective Launches First ETP!

  Injective has launched its first ETP, a financial instrument traded on stock exchanges that provides exposure to assets like stocks, bonds, and crypto without owning them directly. Benefits include easier access to crypto for institutions and users, diversification to spread investments, liquidity for easy buying and selling throughout the trading day, and transparency with daily disclosures.
  
  The Injective ETP (AINJ) by 21 Shares lets users access Injective (INJ) and staking rewards via banks and brokerages like eToro and Interactive Brokers, bridging traditional finance with the digital asset ecosystem.
  
  
  

  

• Build with the Akash Chat API

  The Akash Chat API is now open to the public. You can create an API key and access Llama 3 powered by the Akash Supercloud at no cost. Get started here: https://chatapi.akash.network
  
  For Cloud engineers - The Akash Supercloud offers competitive pricing for high-performance NVIDIA GPUs, including H100 from $1.46/hr, A100 from $0.78/hr, and A6000 from $0.33/hr. Deploy quickly with Akash Console: https://console.akash.network/rent-gpu
  
  

  

  
  
  

• What a week for the Sei ecosystem! 

  Sei Less, Do More! Sei's TVL reached $95.3M, the Sei Foundation announced a $50M Japan Ecosystem Fund for Web3 gaming, Yei deployed 1.3M $SEI in rewards, the Sei Creator Fund completed its $10M initiative with round 2 on the way!
  
  DragonSwap launched new incentives for memecoin traders, PredX deployed on Sei v2, Gamblino's points system is live, Kawa is live on the mainnet, and Filament launched its community credits.
  
  

  

  
  
  

• Dymension’s Integrated Name Service

  Dymension’s Integrated Name Service (DymNS) is set to enhance crypto UX by linking human-readable usernames to blockchain addresses. DymNS integrates multiple blockchains and RollApps, allowing users to deposit tokens by sending to an address with a handle (e.g., 0x12…fg@RollAppX) or their own name across handles (e.g., satoshi@allinbets).
  
  This simplifies transactions, making crypto transfers as easy as sending emails. DymNS will be part of the 3D upgrade coming soon!
  
  

  

• 1-Click Trading is now live on Osmosis 

  1-Click Trading is now live on Osmosis! Powered by Smart Accounts, it allows secure trading without frequent wallet approvals.
  
  Approve one transaction to start a session, enjoy trading with loss protection and customizable session periods, and adjust settings anytime. Learn more and start trading: app.osmosis.zone
  
  
  

  

  
  
  

• SEDA Engineering Update

  Seda has implemented the tally module for DR execution, refactored data request contracts, and restored executor and relayer functionality.

  
  
  Enhanced SDK libraries, updated the Prover contract prototype, fixed the test suite for integration testing, and improved Explorer UX/UI with a new homepage design, transaction message enhancements, status in lists, better message labels, and indexing "to" addresses for better search.
  
  

  

  
  

• Announcing the Namada Mainnet Release Candidate

  Announcing the Namada Mainnet Release Candidate and Security Program! The Anoma Foundation has published the Namada Mainnet release candidate for community review and launched the Namada Mainnet Security Program (NMSP) to reward those who find security-critical bugs.
  
  Namada 0.40.0 includes improvements to shielded actions, DB snapshotting, and batched transactions. The community will lead the mainnet launch after thorough testing. Learn more and join the discussion: Namada forum
  
  

  

• Ondo Finance Integrates with Injective

  Starting today, Ondo Finance integrates with Injective, introducing the tokenized treasury instrument USDY to the ecosystem. USDY can now be used across Injective applications, boosting capital efficiency and integrating treasury offerings into dApps like decentralized exchanges and money markets.
  
  This integration highlights Injective's push to tokenize traditional finance on-chain, accelerating asset adoption through its RWA module that powers offerings such as FX and commodities.
  
  
  

  

  
  

Earning Opportunities! Galxe quest, Giveaway and NFTs

• 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
  
  

  

Featured post

Are you a web3 BD or want to be one?
Subscribe to Crypto Leads newsletter for $500 worth of free leads, scripts, tools & intros to projects hiring BD reps https://sendfox.com/cryptoleads

• 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.

Top performers in the Cosmos over the last 7 days: $XKI $0.0039 (37.32%), $ION $233.70 (31.43%), $DVPN $0.0009 (19.57%), $AKT $3.47 (12.34%), $AXL $0.63 (10.75%). Which coins are you holding this week?

Shout out Cosmsolytics

Key Governance Votes on IBC-Chains  

• VOTING IN PROGRESS: Claw Back SAIL DAO Funding

• PASSED: Update MantaDAO DAODAO Voting Module Admin

  
  
  
  

  
  

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