Weekly CosmWasm Dev Digest #26 - August 16, 2024
ISSUE #26 - Cosmos Ecosystem Sees Sustained Growth Amid Repetitive Hiccups 🚀
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,



