Important Topics for Defi on Cosmos

• Priority for Cosmos Defi for next 6 months We need to choose several most important feature for Cosmos Defi from below options. Please share your choice and reasoning. (We consider IBC is operational, after Stargate update, which will happen in 6 months) • Options • DeX and liquidity: primal usecase of IBC protocol and Defi to attract users • ETH peg (peggy) : many kinds of assets can be transfered into Cosmos for Defi activities • BTC peg : one of the most trusted crypto with biggest marketcap and potential users to invite • staking derivative : to utilize the bonded capital for dPoS security among Cosmos blockchains • drawback : concentration of bonded capital in one or several staking derivatives might cause point of failure for dPoS mechanism • collataralized lending and stable coin : another primal Defi utility to attract users • CosmWasm : to allow ecosystem to build Defi utilities with natural hub-level-security • complexity and untested CosmWasm module can cause fatal security failure for the Hub • shared security(cross chain validation) : to provide hub-level-security to most important zones • there exists no spec design or prototype, so it…

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Hey! Thanks for sharing this detailed information on Defi.