A little bit of chit-chat
As of Tuesday, September 26th, a total of 4,703,930 previously staked ATOM had been liquified using the Liquid Staking Module. Stride is, so far, the Liquid Staking protocol that has captured the largest amount of new liquid tokens with 4,052,140 ATOM followed by pStake with 457,135 ATOM.
UX is King!
dYdX is embarking on an initiative to onboard Ethereum users onto its new Cosmos SDK-based chain. This strategic move, made possible through collaboration with Squid and Axelar, represents a significant development for the future of dYdX and offers insights into potential use cases for other Cosmos chains.
At the core of this integration is Squid, a one-click cross-chain transaction builder, plays a central role in simplifying the user experience. This integration leverages Axelar's decentralised interoperability infrastructure.
The integration between dYdX and Squid's API has been meticulously designed to streamline user onboarding and offboarding processes. What sets this integration apart is its user-friendly approach, enabling users to deposit funds into their dYdX Chain accounts directly from the dYdX Chain's front-end interface, all achieved with a single click.
Beyond its immediate impact, dYdX's integration serves as a noteworthy example of how Cosmos chains can enhance user experiences.
A new comet
A new version of CometBFT, 0.38, has been released, which introduces the highly anticipated second part of ABCI++, bringing with it powerful methods such as ExtendVote and VerifyVoteExtension.
CometBFT's journey towards realizing the full potential of ABCI++ began with v0.37, where the first part of ABCI++ was introduced. This initial release granted application developers access to essential methods: PrepareProposal and ProcessProposal. These methods have already demonstrated their capability to positively impact the way developers construct their applications, notably by improving the latency of interchain applications.
With v0.38, CometBFT completes the puzzle by unveiling the second part of ABCI++. This accomplishment represents the culmination of over two years of dedicated engineering work by the CometBFT team at Informal Inc.
CometBFT's contribution to the interchain ecosystem extends beyond ABCI++. The release is set to empower users with advanced control over the replication engine, enhancing overall performance and unlocking new use cases. This development aligns with the ongoing efforts to make interchain communication more seamless and efficient.
Wrap Up
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