Cosmos Hub announces its first venture funding project is DeFi Layer1 application chain Elys Network

Bitget App

Trade smarter

Cointime2024/05/17 11:34

By:Cointime

ATOM Accelerator DAO (AADAO) announced its first risk-funded project, the integrated DeFi Layer1 application chain Elys Network on Cosmos Hub, with whom they have reached a strategic partnership. The risk-funded project on Cosmos Hub, deployed through AADAO, aims to invest in high-growth early-stage projects within the cross-chain ecosystem. The Cosmos Hub community fund pool will receive a large amount of ELYS tokens through the Cosmos Hub risk-funded project deployed by AADAO.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

The crypto market has been on fire lately. With the spotlight shifting to new and innovative blockchain projects, everyone’s eyes are on which cryptos will make waves this year.Bitcoin Cash: A Missed Opportunity for Significant ReturnsQubetics: Revolutionizing Digital Finance with Real-World Asset TokenizationConclusion: Time to Act on Qubetics

Coinomedia•2025/03/16 14:33

BTC Short Position by ETH Whale Nears $332M

A crypto whale boosts their BTC short position to $332M, facing losses and potential short squeeze risk.Whale Boosts BTC Short Position Amid Market VolatilityRisk of Liquidation LoomsStrategic Buy Orders Placed

Coinomedia•2025/03/16 14:33

Pakistan Launches Crypto Council Led by Finance Minister

Pakistan forms Crypto Council to boost blockchain and crypto adoption, chaired by Finance Minister Muhammad Aurangzeb.Pakistan Takes a Bold Step Toward Crypto AdoptionFinance Minister to Lead the InitiativeFocus on Innovation and Financial Inclusion

Coinomedia•2025/03/16 14:33