Cosmos DFI has been very immature relative to the EVM and so on, a DeFi ecosystems. One missing piece is the liquidity piece, lack of on-ramps,. Lack of easy way to get funds in and out of Cosmos are definitely a challenge. The primitives that we see in Ethereum are showing up all over cosmos now. We're starting to see money markets, liquid staking, concentrated liquidity coming to osmosis. I believe that if we can find product market fit on Etherum, like I'm getting excited about the idea.
This week, Anna catches up with Zaki Manian, co-founder of Iqlusion and Sommelier. They embark on a comprehensive recap of the history of Cosmos to-date, covering all ground since their last interview 2 years ago. They also dive into topics such as the IBC launch, Osmosis, how the ecosystem grew and accelerated up until the Luna crash and how it continues to recover in its next phase.
They then chat about Sommelier and how it has evolved, as well as the concepts of emerging asset types, such as real world assets, and how ZKPs for privacy may finally find a product market fit that could build up real market adoption. You won’t want to miss this one!
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Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup.
Interested in building private applications? Check out Aleo’s programming language called Leo by visiting http://developer.aleo.org
You can also participate in Aleo’s incentivized testnet3 by downloading and running a snarkOS node. No sign-up is necessary to participate.
For questions, join their Discord at aleo.org/discord.
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