Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
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Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen…
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The Cosmos ecosystem has recorded impressive staked token values, with $TIA emerging as the leader. TIA’s staked tokens amount to a significant $3.9 billion, marking it as the highest staked value within the Cosmos projects. This strong position reflects investor confidence in $TIA, highlighting its relevance in the expanding Cosmos…
Phoenix, a well-known crypto analytics firm, has recently shared the list of top Cosmos-based projects in terms of the cumulative value of staked coins. The list of Phoenix takes into account several names including $TIA, $SEI, $INJ, $ATOM, $SAGA, $DYM, $CRO, $AXL, $FET, and $ZETA. The analytics firm disclosed the…