✨Here are 5-Hot-Token from the #Cosmos_Ecosystem to closely monitor...
▫️#Kadena $KDA #119
(You know it since we have already traded it)
Proof-of-work blockchain that combines the #PoW consensus mechanism from #Bitcoin with directed acyclic graph (#DAG) principles to offer a scalable version of #Bitcoin.
▫️#Evmos $EVMOS #2708
#Ethereum Virtual Machine (#EVM) hub that launched on the #Cosmos_Blockchain in April after years of development.
▫️#Juno $JUNO #2933
Sovereign public blockchain in the #Cosmos_Ecosystem, which provides an environment for the deployment of interoperable smart contracts.
▫️#Gravity $GRAV
#Gravity_Bridge is #Cosmos <=> #Ethereum bridge designed to run on the #Cosmos_Hub focused on maximum design simplicity and efficiency.
▫️#Osmosis $OSMO #211
#DEX built on #Cosmos that enables cross-chain transactions through Inter-Blockchain Communication (#IBC).
▫️#Kadena $KDA #119
(You know it since we have already traded it)
Proof-of-work blockchain that combines the #PoW consensus mechanism from #Bitcoin with directed acyclic graph (#DAG) principles to offer a scalable version of #Bitcoin.
▫️#Evmos $EVMOS #2708
#Ethereum Virtual Machine (#EVM) hub that launched on the #Cosmos_Blockchain in April after years of development.
▫️#Juno $JUNO #2933
Sovereign public blockchain in the #Cosmos_Ecosystem, which provides an environment for the deployment of interoperable smart contracts.
▫️#Gravity $GRAV
#Gravity_Bridge is #Cosmos <=> #Ethereum bridge designed to run on the #Cosmos_Hub focused on maximum design simplicity and efficiency.
▫️#Osmosis $OSMO #211
#DEX built on #Cosmos that enables cross-chain transactions through Inter-Blockchain Communication (#IBC).
🛠 Cross-Chain Bridges
Before you shout about exorbitant gas fees on the Ethereum chain, D.Y.O.R. among Cross-Chain Bridges to transfer your assets from one blockchain to another, at less gas fees.
Here is an example where I withdrew some $USDT on 10% staking from #Binance, using the #Arbitrum network (gas fees 0.5 $USDT per transfer) for sending $USDT to my #MetaMask wallet, on #Arbitrum Chain (no fees when credited)
To cross $USDT on #Arbitrum Chain to buy $JUNO on #JUNO Chain, I used Squid Bridge that will manage this transaction. I just have to order the amount of $JUNO to purchase, and then it will be sent directly to my own $JUNO Address on #Osmosis.
The gas fees are ridiculously low, and since I received an extra $0.5 $JUNO credited, that means no gas fees here (and of course no trading fees like in any CEX).
Recap: (start) $USDT > Binance > Arbitrum > MetaMask > Squid (Arbitrum > Axelar > Osmosis) > $JUNO (end)
Before you shout about exorbitant gas fees on the Ethereum chain, D.Y.O.R. among Cross-Chain Bridges to transfer your assets from one blockchain to another, at less gas fees.
Here is an example where I withdrew some $USDT on 10% staking from #Binance, using the #Arbitrum network (gas fees 0.5 $USDT per transfer) for sending $USDT to my #MetaMask wallet, on #Arbitrum Chain (no fees when credited)
To cross $USDT on #Arbitrum Chain to buy $JUNO on #JUNO Chain, I used Squid Bridge that will manage this transaction. I just have to order the amount of $JUNO to purchase, and then it will be sent directly to my own $JUNO Address on #Osmosis.
The gas fees are ridiculously low, and since I received an extra $0.5 $JUNO credited, that means no gas fees here (and of course no trading fees like in any CEX).
Recap: (start) $USDT > Binance > Arbitrum > MetaMask > Squid (Arbitrum > Axelar > Osmosis) > $JUNO (end)