The Sologenic - Binance Smart Chain - Cosmos Connections Explored

preview_player
Показать описание
In this video, I discuss how the Sologenic (SOLO) DEX is connecting to Binance Smart Chain (BNB) and the Cosmos (ATOM) ecosystem through Tendermint. They are also using WebAssembly for their smart contracts.

Here's my blog post about Sologenic:
Study Further:

Protect your crypto with a hardware wallet:
(affiliate link)

The Binance Smart Chain is a new chain that runs in parallel to the Binance Chain. It offers smart contract functions and EVM compatibility. Also, whatever amount of SOLO tokens is ported over to the BSC has to be locked up in the XRP Ledger.

I make a lot of assumptions, but see that these projects are not really competitors. They are starting to link up and hopefully relieve the well known problems with the Ethereum Virtual Machine (EVM).

They will provide liquidity and interoperate with each other. It is one of the major routes traditional finance seems to be connecting to blockchain and crypto finance.

Since Sologenic is using Tendermint to build their Coreum blockchain, it could be one route for all the assets on Sologenic to interoperate with all the ATOM coins. I don't know much about the Cosmos ecosystem, so I will have to research that more.

I hope this study gave you some food for thought. Leave a comment. I'm not a developer, so I have a lot to learn about the limitations of all these chains, coins, DEXs, etc.
I am not a financial advisor and this is not financial advice. It is for information only. Do your own research before investing.
Рекомендации по теме
Комментарии
Автор

Great research, thanks for putting that together

CarlitosWagon
Автор

Hello, I have SOLOGENIC on binance and can it be sent to DEX or another platform, best regards

Ponczero
Автор

I know you are a busy man but to say I have Solo on the Solo Dex and it says trust line completed, does that mean I will get Core.
Thank you in advance.
Paul 😜

pudster