The $ATOM community has successfully deployed the Gravity DEX protocol on Cosmos Hub.
Gravity DEX marks the biggest stride forward for Cosmos to date and a big step in realizing our vision for the future of crypto: multiple interconnected blockchains.
It unlocks incredible amounts of utility for the Cosmos Hub: encouraging new chains to trade and create liquidity, enabling more traders to start arbitraging, and helping developers discover a new path to permissionlessly list their tokens.
Last week, Tendermint announced Emeris: a one-stop portal for all crypto apps, regardless of the blockchain the app runs on. Emeris, whose beta version is set to launch this month, will be the first platform to support the Gravity DEX protocol. Read more about it here 👉 https://emeris.com
Beyond cross-chain trading of Cosmos tokens, work is underway to connect major chains to Cosmos. The most advanced work taking place is on the Gravity Bridge to Ethereum, built by the Althea Network team. This bridge is scheduled to be proposed as an upgrade to the Cosmos Hub in Q3 2021.
In this Keynote, Peng Zhong, CEO of Tendermint, gives a Keynote about the launch of the Gravity DEX protocol on Cosmos Hub, what this means for the Cosmos community and what users should expect next.
Spoiler alert: sneak peek of the much-awaited Emeris [beta].