Get 10% off fees on Kucoin: https://www.kucoin.com/r/af/QBSSS45V
dYdX Announcement – https://dydx.exchange/blog/dydx-chain
Thread on Cosmos – https://twitter.com/Dynamo_Patrick/status/1541155975834517510
dYdX, a large protocol currently on an Ethereum Layer 2, announced that it is moving to its own Cosmos chain. In this video, I go through how this could be the start of a showdown between Ethereum Layer 2 rollups and Cosmos chains to be the predominant blockchain scaling solution.
0:56 Dynamo DeFi
1:06 dYdX Background and Decision
3:39 Implications of dYdX Move
6:18 Other Cosmos News
7:37 What does it Mean to be Built on Cosmos?
9:05 Cosmos Hub and ATOM
11:06 Ethereum Rollup Momentum
#cryptocurrency #defi #passiveincome #crypto