DCF Announces Passage of Proposal for Better Liquidity and Efficiency in Cosmos Network

1 week ago 10
MyIPFS Script: Gateway to Your IPFS Network

Coinspeaker
DCF Announces Passage of Proposal for Better Liquidity and Efficiency in Cosmos Network

The Decentralized Cooperation Foundation (DCF) announced the successful passage of Proposal #912, a transformative initiative within the Cosmos network, a leading decentralized network of independent parallel blockchains, aimed at improving liquidity and economic stability.

Proposal #912: Milestone for Cosmos Network

Recently approved by the Cosmos community, Proposal #912 introduces a robust framework for liquid staking. This initiative is designed to allow staked assets to be traded freely through derivative tokens, therefore enhancing the liquidity within the network. The passage of this proposal underscores the community’s commitment to continuous innovation and improvement.

DCF Announces Passage of Proposal for Better Liquidity and Efficiency in the Cosmos Network

The primary objective of the...


BitNews.press shares this Content with License.

Read Entire Article

DCF Announces Passage of Proposal for Better Liquidity and Efficiency in Cosmos Network