Cosmos Airdrop Season

Is it officially Cosmos Airdrop Season? Well, it may just be with so many hot new projects coming in and new tokens being birthed. Let’s dive into today’s exciting blog that you don’t want to miss, brought to you by Demex, the only DEX you need!

Before we get started, be aware that with a lot of airdrops, comes a lot of scammers and illicit actors who may try to do illegitimate tasks that make accidentally give them access to your wallets and funds. So remember to stay safe and follow the official announcements directly from the project and not any other third party! Check out our latest blog Navigating the 2024 Crypto Bull Market for more information and stay vigilant folks.

Here’s a list (no-exhaustive) of projects that the community is speculating about incoming airdrops within the Cosmos ecosystem. Once again, these airdrops are not confirmed unless stated by the project itself, so please DYOR!

Milkyway

MilkyWay is a Celestia liquid staking protocol, introducing a modular, interchain, liquid, and kinetic approach to staking in the Celestia blockchain. With a unique architecture, MilkyWay enables liquid staking for the TIA token, allowing users to stake without locking up their tokens, providing liquidity, flexibility, and improved network security in the Celestia ecosystem.

• (Unconfirmed) Ticker: $MILK
• Official X: https://twitter.com/milky_way_zone
• Site: https://www.milkyway.zone/
• App: https://app.milkyway.zone/

Kryptonite

Kryptonite Finance, as the leading SEI liquid staking platform within the Sei blockchain, redefines DeFi standards by seamlessly integrating staking, leverage, and lending functionalities. Introducing innovative features like bAssets, which maintain a 1:1 ratio with native SEI while ensuring resilience against network slashes, Kryptonite offers a multifaceted ecosystem.

• (Unconfirmed) Ticker: unknown
• Official X:  https://twitter.com/Kryptonite_fi
• Site: https://www.kryptonite.finance/
• App: https://app.kryptonite.finance/

Silo

Silo Staking is a groundbreaking liquid staking protocol on the Sei blockchain, offering users the unique advantage of participating in proof-of-stake security while providing liquidity through tradable liquid staking tokens. By eliminating the trade-off between network security and instant access to funds, Silo Staking sets a new standard for flexible and secure staking within the Sei ecosystem.

• (Unconfirmed) Ticker: unknown
• Official X:  https://twitter.com/Silo_Stake
• Site: https://www.silostaking.io/
• App: https://app.silostaking.io/

Babylon

Babylon Chain introduces an innovative approach to Proof-of-Stake (PoS) security by proposing Bitcoin Staking, unlocking the potential of the idle capital within Bitcoin to secure PoS chains and earn yields. This protocol allows Bitcoin holders to trustlessly stake their bitcoins without bridging them to the PoS chain, offering full slashable security guarantees. The system supports fast stake unbonding to maximize liquidity for Bitcoin holders and is designed as a modular plug-in compatible with various PoS consensus algorithms. Babylon Chain envisions a scalable ecosystem where a Bitcoin-staked Babylon chain acts as a control plane, synchronizing between Bitcoin and multiple PoS chains, facilitating a seamless integration of Bitcoin into the Proof-of-Stake economy.

• Unconfirmed Ticker: $BBY
• Official X: https://twitter.com/babylon_chain
• Site: https://babylonchain.io/

Dymension

Dymension is a revolutionary network comprising RollApps (layer 2s) and the Dymension Hub (layer 1). RollApps are modular blockchains seamlessly integrated with the Dymension Hub, ensuring security, liquidity, and connectivity. It employs the Inter-Blockchain Communication Protocol (IBC) to standardize rollups, providing a unified experience for crypto applications. The Dymension Hub, functioning as a secure anchor, embeds a liquidity layer, simplifying RollApp deployment, and enhancing the overall user experience within the crypto ecosystem.

• Unconfirmed Ticker: $DYM
• Official X: https://twitter.com/dymension
• Site: https://dymension.xyz/
• App: https://genesis.dymension.xyz

Aevo

Aevo is a next-generation decentralized options exchange designed for professional traders, addressing the limitations of existing DeFi options protocols. It introduces a high-performance, order-book-based exchange on a custom EVM rollup, ensuring scalability and security by rolling up to Ethereum. With a robust margining system and partnerships with leading options trading firms, Aevo provides deep liquidity and instant onboarding with USDC deposits from any EVM-chain. The integration of Aevo with Ribbon Vaults promises a seamless experience for users, allowing for more sophisticated vault structures and enhanced liquidity.

• Confirmed Ticker: $AEVO
• Official X:  https://twitter.com/aevoxyz
• Site: https://www.aevo.xyz/
• App: https://app.aevo.xyz/perpetual/eth

The TLDR

Cosmos Airdrop Season is here, bringing a wave of exciting projects. Demex presents a caution about potential scams—stay vigilant and rely on official project announcements. Check their blog for market insights. Speculated Cosmos airdrops include Milkyway, a Celestia liquid staking protocol; Kryptonite Finance, a SEI liquid staking platform; Silo Staking, a liquid staking protocol on the Sei blockchain; Babylon Chain, introducing Bitcoin Staking; Dymension, a network of RollApps and the Dymension Hub; and Aevo, a next-gen decentralized options exchange for professional traders. Verify details and DYOR for unconfirmed projects.