Cosmos Bites #21: If you can dream it, Cosmos lets you build it!
Cosmos Bites #21: If you can dream it, Cosmos lets you build it!

Cosmos Bites #21: If you can dream it, Cosmos lets you build it!

- Cosmos EVM is here! ⚛️
- Initia VIP Boost Program 🪢
- Neutron unveile Mercury Upgrade 🌌
- 20+ ATOM-aligned Apps in the works 🛠️
- $BTC liquidity is surging on Osmosis 🧪
- Fast $USDC & the latest NFT news 🪙

Date

Mar 19, 2025

Cosmos has the best-in-class EVM!

- The EVM is coming to Cosmos.
- Strengthening Ethereum-Cosmos interop.
- Allowing devs to build EVM-powered chains using the Cosmos-SDK.
- The ICL team will build & maintain Cosmos EVM (ex evmOS) as part of the official Cosmos stack.

The most crucial vote in the history of Cosmos

- Gaia v23 software upgrade.
- Integrating IBC v2 on the Cosmos Hub.
- Preparing the Hub for the release of IBC Eureka.
- Go vote on this prop. Vote YES to a new Cosmos!

Initia is Boosting VIP

- Doubling the incentives towards Initia VIP.
- From 10% to 25% of the total INIT supply.
- Cutting rewards going to stakers.
- Goal: Reward authentic & sustainable activity to grow the interwoven economy.
- High staking APY kills on-chain activity.

Kamigotchi raises $1,3M in seed round

- Building a fully onchain MMORPG.
- As an Appchain in the interwoven economy on Initia.
- With Celestia underneath.

March of the Initiates

Are you ready for Initia Mainnet? The "Initiation" will occur later this month!

Mercury Upgrade

Transforming Neutron into a sovereign PoS chain:

- Graduating from Interchain Security (ICS).
- Building a DeFi powerhouse with 11x higher throughput & 18x faster blocks.
- Introducing Supervaults & $10M liquidity boost.
- Update is planned for April 9th.

Cosmoverse 2025 goes Croatia

- Cosmos’ flagship event is coming to Split, Croatia.
- Easy & accessible in the heart of Europe.
- Stunning venue at a seaside conference resort (€105 per night).
- App-specific tracks, global community, networking, Hackmos & builder track.

ATOM-Aligned Applications

There are over 20 ATOM-aligned applications in the work!

a) Re-launching on the Hub.

b) or being fully ATOM-aligned.

Sentinel, Elys Network, Mamga Vaults, Shade Protocol, Bad Kids, and many more.

Sentinel showcases what ATOM-alignment means

- The only way to buy access to dVPN is via $ATOM.
- Apple Pay & Google Pay integrations to buy $ATOM with fiat.
- Alternative payment options will be added soon.
- All non-ATOM revenue will be used to “become ATOM aligned”.

Cosmos is the most painfully obvious path forward!

- The deeper you dig into the tech, the more you realise its true potential.
- There are now technical constraints building in Cosmos.
- If you can dream it, Cosmos lets you build it.

Fast USDC bridging is here

- Bridging form EVM chains to Cosmos just got 30x faster.
- From 18+ mins to less than 30 sec.
- Leveraging Agoric Orchestration behind the scenes.
- Making the leap to Cosmos has never been easier & faster.

Bitcoin Liquidity is surging on Osmosis

- Over 145 BTC are in the primary BTC LP on Osmosis.
- Uniquely enabled by Alloyed Assets.
- BitGo, Omnity, Axelar & Nomic are all contributing to alloyed BTC.

Lazy Mushroom Society

- Special Edition NFT for all Lazy Killer players & active Fairblock community members.
- Holders will be whitelisted for Phase 1 of Fairblock’s genesis collection.
- Collection size: 555
- Mint Price: Free
- Artwork: Sk, artist of After the Filter and Sloths.

$BIKE Airdrop for HOLDers

An extra $BIKE airdrop awaits anyone that participated in the $BIKE streamswap and HODLed the throttle until now. (Did not sell $BIKE)

Bonus Airdrop Multiplier for folks that also hold:

- OMies or Mad Scientist NFTs
- Stake $OM
- Own $SHERPA

Claim the $BIKE airdrop here.

Mantra GenDrop Postponed by a few days

A new prop is live to decide what to do with all the $OM that was retrieved from sybil activity. 26,9M $OM was retrieved. (~$185M)

- Option A: Burn these tokens
- Option B: Redirect these tokens to the CP for future eco development.

Thus the GenDrop has been postponed by a few days. A specific date has not been mentioned to prevent market timing and manipulation.

$OM Liquid Staking is here!

- Fluxtra is the first Liquid Staking protocol on Mantra Chain.
- Liquid stake with Fluxtra and earn xFLUX rewards ontop of $OM.
- xFLUX might be converted into $FLUX later down the road.

Namada Ledger support is live!

Users can now shield their IBC assets on Namada using their Ledger Nano X or S+.


That's it for today, thanks for reading folks.

We hope this article helped you stay up-to-date with the latest developments in the Cosmos ecosystem.

Disclaimer

This article is intended to educate readers about certain topics and should not be considered financial advice in any way.

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