sommelier VS cosmos-sdk

Proposal: This proposal would activate staking incentives funded by the community pool via the new incentives module: sommelier/x/incentives at main · PeggyJV/sommelier · GitHub

GitHub | https://github.com/PeggyJV/sommelier/tree/collin/v4-docs

"Sommelier Protocol services liquidity providers on Ethereum and Cosmos, who use Sommelier to create and execute complicated transactions to rebalance and manage portfolios without needing a trusted intermediary. These automated transactions ultimately give liquidity providers a powerful tool to manage liquidity in the most efficient way. Currently, Sommelier sends liquidity to and from Ethereum using a non-custodial bi-directional bridge, and uses smart contracts deployed on Ethereum to execute these transactions. A similar setup between Sommelier Protocol and Osmosis, a leading decentralized exchange in the IBC ecosystem, would necessitate the deployment of a Sommelier Cellars module on Osmosis (and on every counterparty chain), which would require a full chain upgrade for each participating chain and upgrades thereafter for any module developments. With the integration of Interchain Accounts, Cellars messages can simply be sent to and from Interchain Accounts on either side, which will then be executed to rebalance or reinvest liquidity in Osmosis pools. The deployment and scaling of Cellars functionality will become permissionless, as well as gaining a huge order of efficiency. "

This is a old known issue called "clipping" in the Cosmos SDK that happens when a validator was previously jailed and slashed: https://github.com/cosmos/cosmos-sdk/issues/5282

💡 GasMultiplier Instead of specifying the gas price, you may use the "gas": "auto” so that the blockchain application automatically estimates gas for you before submitting the transaction into the network for consensus with the estimate. This is why we include the gasMultiplier. By providing the gas multiplier you are specifying that the gas estimate should be multiplied by this number to account for possible changes in the gas fee estimate and the eventual gas fee. See The estimate is not always the exact gas required for the transaction execution.

Shido is now listed on cosmos.network. Shido Chain is interoperable with all chains and dApps in the Cosmos for value sharing and joint liquidity through the IBC Protocol.

We have pinned this post to bring information front and center on the Cosmos Network Project and its evolution into the Internet of Blockchains. A new Interchain Era is here, bringing interoperability, scalability, and mass adoption to the Cosmos Ecosystem!

Cosmos (ATOM) is a dPoS blockchain. Often it is named in the list of 3rd generation blockchains like ADA, DOT, ALGO, etc. As one can already see it has a lot of competition. To be able to get a better view of ATOM it is to not describe what it is in itself but how it compares to its competitors.

The cosmos.network website is not indexed by Bing. Someone noticed this and created a scam website my-cosmos[.]network which is ranking very high for the search term "cosmos network"

Upgrade Cosmos-SDK to SDK v0.44 from SDK v0.42 For a full list of updates in Cosmos-SDK v0.44.3 please see its changelog. Noteable highlights include:\n - Authz - Allows granting arbitrary privileges from one account (the granter) to another account (the grantee). \n- New modules:\n - Bech32IBC - Allows auto-routing of send msgs to addresses on other chains, once configured by governance. Allows you to do a bank send on Osmosis to a cosmos1... address, and it is automatically sent to the corresponding Cosmos Hub address over IBC. This is a big step in enabling more seemless IBC UX.\n - TxFees - Enables validators to easily accept txfees in multiple assets, whitelisted by governance, by declaring minimum fees in OSMO. Alternative fee assets are converted to their OSMO value, using the spot price on their primary OSMO base pair pool. This upgrade pre-whitelists all the assets currently supported on the Osmosis frontend with an OSMO basepair pool.\n- Implements Proposal 32 - Clawback of unclaimed Osmo and Ion on airdrop end date. (December 15th, 5PM UTC)\n- Upgrade IBC from a standalone module in the SDK to IBC v2. This improves the utility of Ethereum Bridges and Cosmwasm bridges.\n- Blocking OFAC banned ETH addresses \n- Numerous minor bug fixes, gas fixes, and significant speedups.

Instead of just imagining, Cosmos created a system that enables blockchains to connect. That system thrives on a hub - Cosmos Hub.