Learn how to access remarkable yields in Cosmos ecosystems through Inter-Blockchain Communication
Today we go through the Cosmos hub and spoke ecosystem to deliver a tutorial on inter-blockchain communication transfers. The Cosmos Ecosystem is made up of the Cosmos hub and its surrounding zones, AKA applications. These applications are similar to DeFi on EVM chains like Polygon, Avalanche, and Fantom. The DeFi ecosystem is blossoming on the Cosmos Hub with the help of a robust proof-of-stake validator group. The staking functionality on Cosmos allows anyone to stake tokens in these different zones and IBC allows seamless transfers from app to app across these zones.
Check out the video below to leverage IBC transfers and take advantage of the great yields on Cosmos, and also how to bridge from EVM chains to Cosmos. WATCH HERE
Cheers,
– Robbie
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⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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