Discover and read the best of Twitter Threads about #CosmosSDK
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Introducing @tenet_org, a layer-1 blockchain solution redefining the landscape of DeFi.
Built using the versatile #CosmosSDK, Tenet brings an innovative approach to blockchain security with Liquid Staking Derivatives (LSDs).
Let's dive in 👇🧵
Built using the versatile #CosmosSDK, Tenet brings an innovative approach to blockchain security with Liquid Staking Derivatives (LSDs).
Let's dive in 👇🧵
1/ Leveraging the power of Diversified Proof of Stake (DiPoS), Tenet fortifies its network security while enhancing utility for its native token ($TENET) and the Omni-Chain $tLSD token. The incorporation of #LSDs leads to an improvement over Ethereum's smart contract security.
2/ Tenet's ecosystem offers users a plethora of options, including minting a stablecoin, providing liquidity, or engaging in leveraged trading. It's all governed by #veTenet, ensuring a controlled and efficient ecosystem. Plus, the AI-powered web3 wallet, Eva, further refines UX.
Order books are coming to @THORChain which will be the first time we've seen a multichain order book with native assets in DeFi history. Let's dive into what this means, its challenges, and how it benefits THORChain and the entire cryptocurrency as a whole.
Follow the white 🐇🧵
Follow the white 🐇🧵
Historically, we haven't seen much for order books in general w/ DeFi. It is currently dominated by CEXs & this is largely due to speed. Most DeFi ecosystems don't have the performance needed for it. Its why dYdX is migrating to #CosmosSDK, & why Serum ($SOL) was built on Solana
But @THORChain's order book design isn't the same as those & is structured quite differently. The biggest difference is that orders are executed against the pools (CLP) of THORChain instead of peer-to-peer. Liquidity comes from the pools + orders, rather than just the orders.
💪 Cool things you can do with Authz on #Cosmos, a thread:
1. Authorize a validator to #REStake your delegation rewards, a.k.a. auto-compounding. No more daily manual claiming and delegating.
@eco_stake built a great implementation here: restake.app
@eco_stake built a great implementation here: restake.app
2. Authorize a hot wallet to vote on your behalf. Don't want to take out your ledger or cold storage wallet? Just authorize once and use a throwaway account to vote on governance proposals.
@interchain_io is currently working with @strangelovefund to build a UI for this.
@interchain_io is currently working with @strangelovefund to build a UI for this.
If you’re thinking of running your own #airdrop or community rewards programme and need a go to place for your community to retrieve their rewards, we've got you.
Day 3 of sharing what we've been #OpenSourcing @cheqd_io
github.com/cheqd/airdrop-…
Day 3 of sharing what we've been #OpenSourcing @cheqd_io
github.com/cheqd/airdrop-…
We’ve open sourced the community airdrop rewards site, and like what we shared yesterday, it is built using @Cloudflare Pages and designed it to be highly scalable.
Whys this?
👇👇
Whys this?
👇👇
#Airdrop reward sites need to be more resilient to traffic spikes than most websites because, when announced, community members will tend to flock to the site to claim their rewards generating a large spike in traffic, followed by a period of much lower traffic
