Weekly CosmWasm Dev Digest #26 - August 16, 2024

ISSUE #26 - Cosmos Ecosystem Sees Sustained Growth Amid Repetitive Hiccups 🚀

Aug 16, 2024

From groundbreaking partnerships to innovative solutions empowering users worldwide, our community has been buzzing with activity. Whether you’re a seasoned enthusiast or just discovering the possibilities of Cosmos, this newsletter is your premier source for staying up-to-date on the latest advancements.

So, buckle up and join us as we delve into the fascinating world of Cosmos. Let’s dive in!👇

📣 Join me

If you are a talented CosmWasm developer looking to contribute to this fantastic industry, drop me a DM on X @jvr0x, I might have something for you 😉.

🚀 Releases

Create a decentralized autonomous organization (DAO) on Cosmos Hub, bringing your community together in a self-governing entity with no central control or authority… Read more
Drop is an invite-only platform that allows users to liquid stake ATOM tokens and earn rewards through dATOM… Read more
Earn KARMA by depositing USDC into the Chakra Pool, with fixed USDY yield and additional rewards from @MANTRA_Chain and @OndoFoundation in the form of OM coins and OONDO tokens… Read more
New DAODAO contract update includes rewards distribution, proposal rules, and media token support, with upcoming audit and deployment on a fresh blockchain platform… Read more
Keplr now offers a side panel mode (beta) for easy portfolio management while browsing, accessible through settings with a Chrome extension update required… Read more
Celestia’s “Lemongrass” upgrade adds easy connections to other blockchain networks (IBC chains) through one-click interactions, along with an upgrade tool for the network… Read more

🛠️ Development

Osmosis DEX is now integrated with Dexscreener, allowing users to easily track and view all tokens supported by the platform… Read more
Penumbra is now compatible with Skip:Go, allowing users to easily deposit assets through the app or its API… Read more
dYdX is launching a major update called “dYdX Unlimited,” which will bring significant new features to its platform… Read more
A new implementation of IBC aims to simplify deployment while maintaining security and compatibility, using a single light client to connect multiple applications between chains… Read more

📚 Educational

Cosmos’ long-standing security issues have been exposed, revealing “billion-dollar vulnerabilities” and sparking concerns about costly consequences and leadership accountability… Read more
Radiant Commons hosts a livestream, demonstrating Penumbra’s capabilities, new community tools, and user interaction with the network, while gathering feedback from participants and observing on-chain activity live… Read more
Raoul Pal warns of an impending “Economic Singularity” within 6 years, where AI and robots disrupt traditional capitalism, making it crucial to accumulate wealth now… Read more
DECASwap aims to create a “DeFi everything app” by aggregating swaps, yield, lending, and perps with massive liquidity… Read more

🤝 Partnerships

MANTRA Chain’s perpetual futures market opens on Coinbase International Exchange by August 22, 2024, at the latest… Read more
MANTRA and Novus Aviation Capital partner to tokenize aviation assets, expanding investor base and revolutionizing how aircraft are owned, traded, and financed.. Read more

💥 Incidents

CosmWasm released a patch for a Medium severity vulnerability, but users with cached contracts experienced inconsistent results until follow-up patches invalidated old caches and applied the new gas pricing… Read more

🗳️ Governance

The Terra Liquidity Alliance aims to revive the Terra ecosystem through sustainable growth, community empowerment, and enhanced liquidity provisioning using innovative mechanics like ve-tokenomics… Read more

🌅 Sunset

Imperator.co is discontinuing validation on 14 chains, advising delegators to redelegate their staked assets by August 22nd to avoid interruption of future rewards… Read more

🎊 Airdrops

Deposit $USDC into the Chakra Pool on MANTRA.ZONE to earn KARMA, participate in Season 2, and get exclusive rewards for early participation… Read more

🔭 Beyond the cosmos

BitGo and BiT Global partner to create a joint venture for custody operations, increasing security and diversifying storage locations for WBTC, used in DeFi applications, across multiple jurisdictions… Read more
MetaMask introduces a debit card that lets users spend cryptocurrency directly from their self-custody wallet, making everyday purchases in crypto… Read more

🤝 Sponsors

If you are a project in the Cosmos ecosystem and would to get exclusive coverage, detailed articles or videos showcasing your product, please reach out to me at @jvr0x and let’s see what we can cook together!

We want to hear from YOU: what do you think is the most promising development in Cosmos right now? Share your thoughts and insights with us in the comments below!

Happy weekend,