dYdX Moves to Cosmos! What This Means for Cosmos and Ethereum Layer 2s

Dynamo DeFi

dYdX Moves to Cosmos! What This Means for Cosmos and Ethereum Layer 2s

Twitter: k Get 10% off fees on Kucoin: V dYdX Announcement – n Thread on Cosmos – 0 dYdX, a large protocol currently on an Ethereum Layer 2, announced that it is moving to its own Cosmos chain. In this video, I go through how this could be the start of a showdown between Ethereum Layer 2 rollups and Cosmos chains to be the predominant blockchain scaling solution. 0:00 Intro 0:56 Dynamo DeFi 1:06 dYdX Background and Decision 3:39 Implications of dYdX Move 6:18 Other Cosmos News 7:37 What does it Mean to be Built on Cosmos? 9:05 Cosmos Hub and ATOM 11:06 Ethereum Rollup Momentum #cryptocurrency #defi #passiveincome #crypto