Evmos, Swing, Tashi, Wormhole crew as much as remedy Cosmos liquidity issues

A gaggle of decentralized finance (DeFi) protocols have teamed as much as remedy liquidity issues within the Cosmos ecosystem. The groups concerned embrace cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi, and Cosmos community Evmos.

In response to statements from two of the groups concerned, Wormhole will register 5 new bridged tokens to be used on Evmos: (USDT), (USDC), wrapped Ether (wETH), wrapped (wBTC) and (SOL). A Wormhole governance vote on this a part of the proposal started on September 19 and at the moment has close to unanimous assist.

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