Fixed rates, spot assets and partial liquidations: Nolus does not promise to eliminate the risks of leverage, but it is trying to prevent one bad market sequence from immediately turning into a disaster. In DeFi, leverage promises greater exposure and potentially...
Over the past several weeks, Nolus governance has processed an unusual number of proposals: closing markets on Osmosis, authorizing Solana relayers, deploying contracts, registering oracles, and adding new assets. Behind this succession of votes lies a major strategic...
Over the course of eight articles, we have tried to separate facts from noise. The hacks attributed to Cosmos did not necessarily involve the Hub or IBC. Several projects presented as pillars of the ecosystem actually brought almost no value to ATOM. Cosmos technology...
For a long time, the Cosmos Hub relied on an implicit promise: the more the Cosmos ecosystem grew, the more ATOM would eventually benefit. The first six parts of this series exposed the limits of that reasoning. Blockchains can use the Cosmos SDK, connect through IBC...
Since the beginning of this series, we have tried to separate two things that are often mixed together: the state of Cosmos as a technology and the state of the Cosmos Hub as an economic product built around ATOM. The hacks did not demonstrate a widespread failure of...