The collaboration aims to enhance cross-chain interoperability and support the expansion of wstETH and other assets in the Cosmos ecosystem Neutron, the
, the leading liquid staking provider, as the preferred technology bridging partners to launch Lido’s wrapped liquid staked ETH on Cosmos.
With 30+ projects already looking to integrate, Neutron and Axelar have each committed 1% of their respective network genesis supply in token incentives to build liquidity for wstETH through DeFi applications within the Inter-Blockchain Communication Protocol ecosystem and future expansion to other L1 ecosystems.
“We are excited to be part of the effort to bring one of the biggest liquid staking tokens, Lido’s staked ETH to the Cosmos ecosystem. It is a reflection of the value of cross-chain support and our commitment to bringing liquidity and users to the Cosmos ecosystem.
“Axelar is proud to lead the launch of wstETH into the Cosmos ecosystem. The cross-chain expansion of the largest liquid staking token will be secured by AXL and enhanced by full-stack interoperability,”
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lido Finance selects Axelar and Neutron to launch wstETH on CosmosLido has selected Neutron and Axelar to launch its wrapped liquid staked ether (wstETH) token into the Cosmos ecosystem.
Leer más »
Cosmos Hub upgrades to add liquid staking module'Users can now directly liquid-stake their already staked ATOM without waiting for the unbonding period,' the Cosmos team said.
Leer más »
Lido’s Staked Ether Tokens Can Soon Be Used on Cosmos, IBC BlockchainsLido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization.
Leer más »
Renée Kohlman: Sun-dried tomatoes bring out flavours of the fall\u0022Sun\u002Ddried tomatoes are quite wonderful to have in your kitchen. They have a way of amplifying the flavour of anything they touch.\u0022
Leer más »
‘Conservatives need Jesus, too’: Christians bring prayer to state capitol steps on Constitution DayA church in Boise, Idaho will gather on Constitution Day in an ‘Appeal to Heaven’ to put God before the flag and to pray for a return to founding principles.
Leer más »
Flyers bring back trademark double logo look at center iceThe unique center ice look was an Ed Snider creation but was previously changed ahead of the 2019-20 season.
Leer más »