Astroport Beta on Injective, Osmosis Zone Neon Upgrade V14, Comdex Proposal #66 and #65 - CEC Issue # 14
Cosmos Ecosystem Newsletter
Whats up Cosmonauts!!!
Let's have an exciting adventure in the Cosmos Ecosystem today as the crypto market continues to show strong performance. Let's kick off the discussion by sharing the latest updates and exciting news from our community and the Cosmos Network.
Price Update (January 20, 10:00 UTC)
ATOM: 12.10
JUNO: 1.21
EVMOS: 0.42
OSMO: 0.789
Today we will be covering
Astroport Beta on Injective
Osmosis Zone Neon Upgrade V14
Comdex Proposal #66 and #65
ASTROPORT BETA ON INJECTIVE
Hey there!
one big exciting news with is about a new project called Astroport. It's an automated market maker (AMM) that makes it super easy for users to swap crypto assets. This platform is different from traditional exchanges as it uses algorithms and smart contracts to match buyers and sellers, allowing for instant trades at a predetermined price.
And here's the best part - because Astroport is built on Injective, you'll be able to take advantage of Injective's interoperable network. That means you can swap assets not just from Cosmos or Ethereum, but also on other chains like Solana. Plus, users can create liquidity pools on Astroport and earn as LPs.
This partnership is a big step forward for both companies, as it brings one of the top AMMs to Injective's optimized infrastructure for financial applications. This means that Astroport has the potential to be the go-to trading venue for the masses. Its ease of use, interoperability, capital efficiency, and variety of assets available make it a valuable addition to the Injective universee.
Currently, access to the Astroport testnet is limited to selected individuals in the Injective and Astroport communities. check here to learn more about Astroport. Keep an eye on Astroport on Injective updates, it has the potential to revolutionize the future of trading.
OSMOSIS ZONE NEON UPGRADE V14
Osmosis incoming upgrade is packed with exciting new features and improvements that will make the lives of smart contract developers a lot easier!
IBC composability work includes the addition of wasm hooks that provide sender information
IBC contracts can now register a callback to forward into a smart contract
This work is intended as an ecosystem standard and can be imported by external repositories
Downtime detection tooling has been added, including an on-chain query to test for recovery from downtime
Geometric TWAP has been added to AMM pools in addition to the existing arithmetic TWAP
Upgraded to IBC v4.2.0 and wasmd v0.30.x, and updated go build version to go 1.19
More details here
Osmosis V14 exciting update includes several new features and improvements for IBC composability, downtime detection, and AMM pools. Osmosis community will surely await its release. Heres the countdown link to the upgrade height on Mintscan. check here to full discussion of the V14 Neon Upgrade.
COMDEX PROPOSAL #65 AND #66
The proposal is to introduce the pairing of Axelar WBTC and CMST on Harbor, Commodo, and CSWAP apps, and to use it for minting CMST on Harbor Protocol.
Read more about the proposal here
The proposal is to introduce the pairing of stATOM and CMST on Harbor, Commodo, and CSWAP apps, and to use it for minting CMST on Harbor Protocol.
Read more about the proposal here
Thanks for being a loyal reader of our newsletter. We hope you enjoy this update and have a wonderful holiday season. See you again on our next release!
If you enjoy our newsletter, please share it with your friends so they can stay up-to-date on the latest developments in the Cosmos ecosystem.
Best regards,
Cosmos Ecosystem Chat Team
