Cosmos Bites #27: Big Cosmos Launch Week
Cosmos Bites #27: Big Cosmos Launch Week

Cosmos Bites #27: Big Cosmos Launch Week

  • IBC Eureka: One Network, Infinite Chains 🌌

  • The Cosmos Hub as a Multichain Appstore ⚛️

  • IBC Eureka Flywheel 🎡

  • Babylon Genesis launch 🐲

  • $BTC staking & $BABY drop

Date

Apr 12, 2025

IBC Eureka is here!

  • Redefining interoperability by uniting all ecosystems.

  • Enabling fast & secure Ethereum - Cosmos bridging.

  • 1-click cross-chain transactions for as low as $1

=> Try it out now: go.cosmos.network

IBC Eureka: One Network, Infinite Chains!

  • IBC Eureka takes IBC everywhere.

  • Turning the Hub into a Multichain Developer Platform.

  • Linking the success of IBC with the success of Cosmos & $ATOM.

Learn more about IBC Eureka in the official blog post.

The Cosmos Hub as coordination layer & IBC router.

Two ways to connect to Eureka:

A) Via a single IBC connection to the Hub

  • The Hub acts as a coordination layer & transaction router.

  • Reduces infrastructure costs & setup time for appchains.

B) Peer-to-peer IBC connection to your chain.

The Hub as a Multichain AppStore

IBC Eureka will turn the Cosmos Hub into a flagship marketplace connecting interchain service providers and the appchain ecosystem.

Think: any user, any asset, any protocol — accessible anywhere over IBC through the Hub.

Early IBC Eureka Adopters

Eureka went live with an initial class of 16 launch partners.

Most of the early Eureka adopters are purpose-built appchains like MANTRA Chain, dYdX, Babylon, Injective, or Bitcoin LSTs like Lombard, Lorenzo Protocol, or Sat Layer.

IBC Eureka Flywheel

  1. Chains join IBC Eureka.

  2. Multichain apps deploy on the Hub.

  3. Indexers and explorers launch to service the apps.

  4. This attracts even more chains.

Eureka will be the only bridge in existence with its own native DeFi ecosystem.

What's next: Unleashing the Builders!

  1. Launch a permissionless and fast VM on the Hub that hooks natively into Eureka.

  2. Create a liquid execution environment with cross-chain capabilities, enabling a completely new class of apps.

  3. These novel apps built on the Hub will be able to access everything, everywhere, from any place.

Alpha Alert

  • One of the first apps on the Hub will be a lending protocol.

  • Built in-house by the ICL team.

  • With support from some folks from MakerDAO.

Babylon Genesis is here!

  • The world’s first L1 chain secured by Bitcoin.

  • Cementing the launch of Babylon’s Bitcoin staking protocol.

  • Transforming idle BTC into the backbone of Web3.

  • Unlocking the full potential of Bitcoin DeFi and adding utility to $BTC.

$BABY Airdrop

  • Phase-1 Babylon $BTC stakers should have received their $BABY airdrop.

  • No claim needed — $BABY should be in your wallets.

  • You can stake $BABY to secure the network and earn staking rewards.

  • Alternatively, trade or LP $BABY on Osmosis.

Bitcoin Staking went live on Babylon

  • On April 11 at 10am UTC, Babylon Bitcoin staking was successfully activated, adding a new use case to BTC: staking.

  • BTC holders can now stake their BTC, secure PoS chains, and earn yield.

  • Fully trustless and self-custodial.

Osmosis to become a BSN

  • Via a strategic integration with Babylon, leveraging BTC’s security.

  • Making Osmosis the premier trading venue for Babylon assets.

  • Osmosis will receive 25 million $BABY tokens over time as milestones are met.

  • Mutually beneficial revenue sharing agreement: 50% of the trading fees generated by Babylon assets on Osmosis will go to Babylon Genesis.

Union X Babylon

Union will go live as a launch interop partner for Babylon.

  • Assisting with Genesis Drop distribution.

  • Bitcoin Liquid Staking (LST) bridging.

  • Serving as a transport hub for Escher LSTs.

Polaris Beta Launch

  • For the next 48 hours, everyone can sign up and use Polaris.

  • This will unlock ongoing access.

  • Super smooth UX, especially for cross-chain swaps and token transfers.

  • Easily swap SOL on Solana for ATOM on the Cosmos Hub or vice versa.

=> Enter the Portal!

Bitcoin Trading is live on Stargaze

The first three collections to be denominated in $BTC are:

  1. Architects NFT

  2. After The Filter

  3. Pixel Wizards NFT

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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