Weekly Newsletter: What happened on the Cosmos ecosystem this week? October 30th–November 5th, 2023

Disclaimer: The information in this article is not financial advice. It is for informational purposes only and should not be taken as a recommendation to buy anything.

Introduction

At Imperator, we aim to keep the Cosmos community informed with a summary of the most important news and announcements. Here's our top 5 for the past week.

1. New Airdrop Alert: Pyth Network

Pyth Network has announced the largest cross-chain airdrop for users of the Pyth Oracle ecosystem. This massive airdrop spans 27 blockchains and over 75,000 wallets, including Osmosis, Injective, EVM, Neutron, and more. Check your eligibility here.

2. Osmosis' New Transaction Fee System

After a spam attack on the Osmosis chain, the @osmosiszone team, along with a consortium from the Cosmos ecosystem, implemented a new mempool filter based on the EIP-1559 model in less than 6 hours. This introduces a Base Fee system and a Priority Fee to expedite transactions.

3. Celestia Goes Live on Mainnet

Four years after its whitepaper release, Celestia is now live on mainnet! This marks a significant milestone, enabling users to operate secure light nodes and fostering blockchain innovation. Stake and earn rewards here.

4. Bitcoin Integration in Cosmos DeFi

Thanks to @nomicbtc, Bitcoin can now be used in Cosmos DeFi. Securely bridge your Bitcoin via IBC and start engaging with DeFi on platforms like @osmosiszone and @Teamkujira.

5. Avalanche Joins the Interchain

The Interchain Foundation (@interchain_io) has announced the integration of Avax into the Cosmos ecosystem. This is a game-changer, enabling IBC-compliant dApps to operate seamlessly on Avalanche.

Bonus: IBC x Solana

At the Solana Breakpoint Conference, @Polymer_labs discussed the potential of integrating IBC with Solana, which could significantly amplify Solana’s success by enabling secure interoperability.

Conclusion

That concludes this week's updates. For more discussions on the Cosmos ecosystem, join our Telegram group here. Support our work by following @imperator_co and staking with us at Imperator.co.

🙌 Happy staking and stay informed! 🙌