Greythorn Core Research: Cosmos & Chainlink

We dive into the new Cosmos whitepaper and look into Chainlink after its recent rally.

1.Cosmos Hub

$ATOM is the Cosmos Hub’s primary token and secures the Hub’s interchain services through staking. In turn, stakers receive rewards & vote on governance.

New updates from the $ATOM 2.0 Whitepaper

Token: $ATOM

Comparables

Bullish Fundamentals:

Bearish Fundamentals:

2.Chainlink

Chainlink is a decentralised network of oracles designed to securely and reliably connect blockchain smart contracts and off-chain computation. Being compatible with a wide range of blockchains on the EVM & Solana, users can filter oracles and customise the terms of service with a high degree of flexibility.

$LINK is the native token of Chainlink:

Token: $LINK

Comparables

Bullish Fundamentals:

An obvious first-mover advantage has been formed and will only strengthen with further development.

Bearish Fundamentals:

Closing Remarks

Reducing imbalanced supply pressure is becoming a critical priority across DeFi, as Cosmos becomes the latest ecosystem to reduce inflationary rewards. Similarly, Chainlink incentivises nodes to re-stake their tokens & attract more users in a bid to improve the ecosystem’s sustainability.

References

Chain.link. 2022. Blockchain Oracles for Hybrid Smart Contracts | Chainlink. [online] Available at: <https://chain.link/> [Accessed 7 October 2022].

CoinGecko. 2022. Cryptocurrency Prices, Charts, and Crypto Market Cap | CoinGecko. [online] Available at: <https://www.coingecko.com/> [Accessed 10 October 2022].

CoinMarketCap. 2022. Cryptocurrency Prices, Charts And Market Capitalizations | CoinMarketCap. [online] Available at: <https://coinmarketcap.com/> [Accessed 10 October 2022].

Cosmos: The Internet of Blockchains. 2022. Cosmos: The Internet of Blockchains. [online] Available at: <https://cosmos.network/> [Accessed 7 October 2022].

DefiLlama. 2022. DefiLlama. [online] Available at: <https://defillama.com/> [Accessed 9 October 2022].

Mapofzones.com. 2022. Map of zones — Cosmos network explorer. [online] Available at: <https://mapofzones.com/home?columnKey=ibcVolume&period=24h> [Accessed 9 October 2022].

Important notice and disclaimer

This presentation has been prepared by Greythorn Asset Management Pty Ltd (ABN 96 621 995 659) (Greythorn). The information in this presentation should be regarded as general information only rather than investment advice and financial advice. It is not an advertisement nor is it a solicitation or an offer to buy or sell any financial instruments or to participate in any particular trading strategy. In preparing this document Greythorn did not take into account the investment objectives, financial circumstance or particular needs of any recipient who receives or reads it. Before making any investment decisions, recipients of this presentation should consider their own personal circumstances and seek professional advice from their accountant, lawyer or other professional adviser. This presentation contains statements, opinions, projections, forecasts and other material (forward looking statements), based on various assumptions. Greythorn is not obliged to update the information. Those assumptions may or may not prove to be correct. None of Greythorn, its officers, employees, agents, advisers or any other person named in this presentation makes any representation as to the accuracy or likelihood of fulfilment of any forward looking statements or any of the assumptions upon which they are based. Greythorn and its officers, employees, agents and advisers give no warranty, representation or guarantee as to the accuracy, completeness or reliability of the information contained in this presentation. None of Greythorn and its officers, employees, agents and advisers accept, to the extent permitted by law, responsibility for any loss, claim, damages, costs or expenses arising out of, or in connection with, the information contained in this presentation. This presentation is the property of Greythorn. By receiving this presentation, the recipient agrees to keep its content confidential and agrees not to copy, supply, disseminate or disclose any information in relation to its content without written consent.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Greythorn Asset Management

Melbourne-based asset management firm, focused primarily on Tech | Web3 | Crypto | Blockchain | DYOR/NFA. Subscribe to hear our latest industry insights.