The Lido community has released a new proposal to launch a cross-chain liquidity pledge service on Cosmos Ecology
BlockBeats news, September 6, Liquidity pledge Agreement Lido community released a new proposal on Cosmos Ecology to launch a cross-chain liquidity pledge service. The proposal presents a framework for deploying Lido as a custom solution designed to serve the liquidity pledge needs of the entire IBC ecosystem.
The proposal suggests that Lido be started on Neutron, the Cosmos ecological chain. Neutron, incubated by P2P (Lido core contributor), is a license-free CosmWasm smart contract platform. Neutron is planning to be one of the first Interchain Secured Zones, for which it has received support and funding from Cosmos Hub. Neutron will also launch its own Token and is looking to use a combination of veToken economics and Gauge -voting to distribute liquidity mining incentives and grants.