Cosmos Bites #25: The calm before the storm - Eureka!
Cosmos Bites #25: The calm before the storm - Eureka!

Cosmos Bites #25: The calm before the storm - Eureka!

  • $INIT & $BABY airdrop checkers are live! 🪂

  • $ATOM is back on the institutional radar ⚛️

  • ICF treasury snapshot: ~$250M 🏦

  • dYdX Surge, Nolus v2 & Passage closed Beta 🐲

  • And many more airdrop updates 🎆

Date

Apr 5, 2025

The Initia airdrop checker is live! 🪢

  • 50M $INIT (5% of supply) to be distributed.

  • 89.5% goes to testnet users who trained their Jennie.

  • 6% allocated for key Discord, Telegram, and X contributors.

  • 4.5% to top IBC, LayerZero, and $milkTIA users.

  • $INIT Airdrop Checker!

$BABY Early Adopter Airdrop

6% of the $BABY supply goes to:

  • Staking participants; all Phase-1 stakers.

  • Base Phase-1 staking rewards.

  • Bonus for Phase 1 stakes that transition to Phase 2.

  • Pioneer Pass NFT holders, 300 BABY per NFT.

  • GitHub contributors.

  • $BABY Airdrop Checker!

$BABY Tokenomics

  • Total supply: 10B BABY.

  • Inflation: 8% (4% to BTC stakers, 4% to BABY stakers).

  • Babylon is secured by both the BABY token and Bitcoin stakers.

  • Babylon Genesis will be the first ever BSN (Bitcoin Secured Network).

The role of BABY:

  • Payment of transaction fees.

  • Staking for security & yield.

  • Governance participation.

$ATOM is back on the institutional radar

  • Magmar focuses mainly on marketing, business development, and sales at the ICL.

  • Selling $ATOM to institutions, governments, and liquid funds.

What does IBC Eureka mean for users?

  • 1-click asset routing to any chain.

  • Super cheap and extremely fast cross-chain transactions.

  • A single connection to the Cosmos Hub allows every new chain to be connected to every other chain out there on launch day!

Read the entire Blog Post here!

ICF Treasury Snapshot: March 2025

• Total Treasury Value: $247M.
• $74M in Fiat, $172M in Crypto.
• $65M $ATOM, $58M $BTC, $31M $ETH, $18M $TIA.

With an annual burn rate of ~$10 million, development for the Hub and the Cosmos Stack is secured for the next decade.

Osmosis Highlights from March

• The DEX surpassed $40B in total trading volume.
• Total Protocol Revenue crossed $18M.
• Fourth month in a row with over $100M $BTC volume.
• Ledger Live support for $OSMO.
• Faster block times: 1.25 seconds.

Bitmosis Keeps Growing

• New all-time high in monthly $BTC trading volume.
• $224M $BTC volume in March.
• 4 months in a row with $100M+ in $BTC trading volume.

dYdX Surge Rewards Program

• Governance vote passed with 84% yes votes.
• Approved allocation of $13M–$20M in $DYDX tokens.
• To be paid out to traders over the next 9 months.

Mantra is Leveling Up On-Chain Analytics and Compliance

• Leveraging Elliptic's product suite to launch products to an existing KYC user base, making Mantra accessible to 500+ major financial institutions.
• Doubling down on compliance for RWA tokenization.

Nolus v2 is Live!

• Revamped UI.
• Stop-Loss & Take Profit Orders.
• Flexible Fee Payments: pay gas in multiple assets.
• Context-Aware AI Companion.
• Boosted Performance.

Passage Closed Beta

• Access to 5 unique immersive worlds.
• Mobile support for the most accessible events.
• NFT gating to host exclusive events (e.g., Strange Clan).
• Avatar customization, companions, NFT PFPs & new collections.
• Discounted hosting via Akash Network.

$SAGA Airdrop

• Eligible users can now claim their SAGA Vault 10 airdrop!
• The claiming window will be open for one week.
• The airdrop will appear in your wallet once the claiming period ends.

$SAGA Airdrop Checker!

$HYPER Airdrop

Early Hyperlane users are eligible for $HYPER:

• 7.5% of the supply is airdropped.
• Airdrop registration is open until April 14th.
• TGE & start of claim period will be April 20th.
• Total supply = 1B.
• Circulating supply at TGE = 177M.

$HYPER Airdrop Checker!

$ARKEO Airdrop

• $FOX, $ATOM, $OSMO & $RUNE holders can claim the airdrop.
• Claims are open for 60 days.
• Tokens are transferable, but there is no liquidity pool live yet.
• Arkeo Network is a Cosmos appchain built for decentralized & indexed blockchain data.

$ARKEO Airdrop Checker!

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.

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