A Group of DeFi Teams up to Solve Cosmos Liquidity Problems

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A DeFi group formed a team to address Cosmos' liquidity problems.​

A group of decentralized finance (DeFi) protocols have teamed up to solve the liquidity problems of the Cosmos ecosystem. The names of the teams included in this group are cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi and Cosmos network Evmos. According to the report, Wormhole will register 5 new bridged tokens for use on Evmos. Indeed, once the tokens are launched on Evmos, they will be implemented in the Swing protocol. This protocol will allow users to send to any network via BNB Chain, Polygon, Fantom and other Swing support.Read More Crypto News
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