Noble Dollar is live! $USDN

Noble Dollar $USDN is:

- A yield-bearing stable coin, native to Cosmos.
- Built on IBC rails; Available to 150 chains from day 1.
- 103% backed by U.S. Treasuries.
- Yield earned is redirected to token holders via $USDC.
- Composable yield for the modular ecosystem.

Noble Points - Deposit $USDN and earn points.

There are two Noble Vaults:

1) Points Vault: No yield, but earn Noble Points.
- $NOBL token?

2) Boosted Yield Vault: Base Yield 4.15% + Yield Boost (~14%)
- Forgone yield of the points vault is recycled to the boosted vault.- $NOBL token?

$USDN solves on-chain treasury management for crypto startups:

- 10x easier, 10x faster, 10x more freedom.
- Startups no longer have to set up bank accounts.
- Simply hold USDC and earn 4.2% T-bills yield.

Check out our video tutorial on how to use $USDN.

New Vision for the Cosmos Hub

- IBC v2: Revamped version of IBC.
- IBC Eureka: The Service Layer on top of IBC v2.
- The Cosmos Hub: Coordination Layer & Interoperability Hub.

=> The Cosmos Hub as a Port City, Security & Service Provider.

Putting IBC Eureka on the hub

A new gov. prop. is live on the Cosmos Hub forum.

- Upgrade the Hub with IBC v2 & enable the ETH - Cosmos bridge (Eureka).
- Soon Eureka will also connect to Solana & other L2s.
- If passed, Eureka could be integrated on the Hub by March 19th.

$ATC Airdrop for $ATOM stakers

$ATOM stakers will receive 15% of the $ATC airdrop.

Astonic is building a dec. stablecoin platform on the Planq blockchain. Both teams, Astonic and Planq, are ATOM-aligned.

ShadeX is here!

- The world's 1st encrypted money market.
- Lend, borrow & liquidate privately.
- Rewards for borrower and lender.
- Supported collateral: ATOM, USDC, BTC.

Saylor-ization of Osmosis

a) Osmosis acquires $BTC daily via ProtoRev. => Sending BTC to the community pool.

b) Buys $BTC monthly with 25% of Protocol Fees. => LPing BTC to increase trading liquidity & protocol fees.

Btw, Osmosis just surpassed $40B in total volume.

Interactive Governance Props

Osmonauts can now vote on Osmosis governance proposals via interactive videos on Omniflix.

Try it out now 🗳️

Injective brings Nvidia stock onchain

- First iAsset on Injective => $iNVDA
- iAssets enable any stock, bond, or ETF to be launched onchain.
- iAssets transform RWAs into programmable, extensible primitives.
- Day one liquidity, capital efficiency, 24/7 accessibility.

Token Emissions on Story are live!

- $IP can now be staked to secure the network & earn staking rewards.
- 55,555 $IP distributed per day.
- 1,94 $IP per block, at a 3 second block time.
- Staking Rewards Multiplier for long term lockups (90-540 days).

What's next for Namada?

a) Expanding Interoperability: Beyond Cosmos & IBC.
b) Improving UX & Wallet Support: Integration of Cosmos wallets + Mobile.
c) New privacy Apps & use cases: Shielded staking & DeFi.

New trading season on dYdX

- $1.5M in DYDX rewards.
- $1.2M distributed to traders.
- $300k distributed to market maker.

OM airdrop for OMies

- $OM retrieved from the sybil attacks will be redirected to OMies.
- OMies should be staked via DAODAO to receive the drop.
- OMies were not included in the $OM gendrop, since the collection did not exist back then.

Initia is dropping support for their Wallet Extension

- Initia Wallet users have until March 18th to migrate to a new wallet.
- Users must migrate to a new wallet if they want to keep their testnet Jennie and associated data.
- If you used Keplr, Leap or any EVM wallet during the testnet, you do not have to migrate.

That's it for today, thanks for reading folks.

We hope this article helped you stay up-to-date with the latest developments in the Cosmos ecosystem.

Disclaimer

This article is intended to educate readers about certain topics and should not be considered financial advice in any way.