A new fresh round of Cosmos alpha: the news, rumours & upcoming events that have the potential to move the price of specific Cosmos coins in the short to medium term, and for which savvy investors might want to prepare in advance ๐งต
$KAVA: The Kava EVM was originally planned for 10-May but is now scheduled for the 25-May.
$USDX: Kava's stable is trading below peg after Kava allowed for a crazy arbitrage opportunity (minting USDX by putting up UST as collateral w/ the price feed fixed to $1). However $USDX is fully collateralised and there's a plan to bring it back to peg
$CMDX: Talking about stables, here's a Thyborg exclusive ๐ @ComdexOfficial CEO & Co-founder @empAbhishek tells me that the testnet for @Composite_Money is targeted for later this week (initially 22nd, now 25th). That would make it the new Cosmos-native USD stable
@ComdexOfficial @empAbhishek @Composite_Money $SOMM: During @Gateway_Conf, Cosmos heavyweight @zmanian announced the launch of @sommfinance first cellar for 1-Jun. Planning to cover Sommelier later this week so stay tune for that!
@ComdexOfficial @empAbhishek @Composite_Money @Gateway_Conf @zmanian @sommfinance $ATOM: Continuing w/ the "Tendermint mafia" (term used in the most respectful way possible), @jaekwon confirmed a #Gnoland snapshot had been taken, but hinted more could be done in order to favour $ATOM's long term holders
@ComdexOfficial @empAbhishek @Composite_Money @Gateway_Conf @zmanian @sommfinance @jaekwon $STARS: The @StargazeZone marketplace opened up for business this week and we've already seen a significant uptick in IBC transfers to that chain
@ComdexOfficial @empAbhishek @Composite_Money @Gateway_Conf @zmanian @sommfinance @jaekwon @StargazeZone Let me know if I missed anything in the comments ๐ Since I'm planning to cover the whole ecosystem extensively through educative & digestible threads on governance, airdrops, tokens, teams & projects, so you may also consider giving me a follow as well @ThyBorg_ โ๏ธ
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