CUDOS, Bringing Web3 Closer To You!

Cudos is becoming a network bringing Web3 closer to those that what to venture into the space as new projects are getting attached to the use of the main net for their solution.

What is CUDOS?

CUDOS is a Delegated Proof-of-Stake, layer-1 blockchain with a vision for a decentralized computation accessible on chains. It's a network set to interoperate with multiple blockchain ecosystems and provide the following benefits:

1. Trusted layer 1 validator network built on the Tendermint protocol which is Wasm compatibility, for smart contracts to be deployed on CUDOS using next-generation languages so long as they compile to WebAssembly. (Golang, Rust, Java etc.)
2. Cross-chain or Horizontal interoperability: This is achievable through the power network of the Inter Blockchain Communication (IBC) integration, which allows Cudos Network smart contracts to interface with multiple networks.
3. 10x lower transaction and gas costs compared to those on Ethereum Blockchain (PoW). Here, there is a massively scalable network to facilitate more sophisticated smart contract operations which therefore reduces user transaction fees and allows users to transact seamlessly.

Additionally, with great features attached to the CUDOS network, especially in terms of scalability solutions, connecting both on-chain and off-chain consumers to the network via smart contracts and APIs becomes easy and now we see projects building on the chain for easy access to financial solutions.

Project On CUDOS

A chain in today's engagement that did not focus on DeFi, GameFi, and NFTs solutions is not ready to develop in embracing the power of Web3.
Let's see some of the projects building of CUDOS:

Auro Pool
This is the world's first NFT marketplace for Hashrate Collectibles Hashpower sitting in your wallet. It's being powered by Cudo Ventures, a visionary innovation aims to help their users realize how monetization applications and collaborative consumption platforms are the technology that will be both profitable and provide a competitive advantage.
At Auro Pool, the focus is to bring utility that pays to NFT hodlers.
You can enjoy the ride by following them on Twitter because it's still a new Project. Auro Pool On Twitter

Bubble Swap
This is the first decentralized exchange on CUDOS Network set to be a real yield and sustainable platform. Still building, its has the following features:

• Earn trading fee
• A sustainable model
• Swap token instantly
• Compound staking

The testnet is set to be live on 14th February 2023..... Follow the official social media handle.

How Secure Is CUDOS Network?

Considering CUDOS from the aspect of the token on its network, you will agree with me, a token bonded on a particular network can determine how secure that network is. At CUDOS, about 48% of the total token in circulation are locked with 31 active validators out of 35 validators on its network. This shows how determined users on its network are.

To validate the above, Check CuDOS Explorer on Big Dipper

Are you new to CUDOS and thinking about how to start benefiting from this network?

CUDOS enjoys you to leverage on the power of decentralized finance via its elements like staking, delegating, validating and more.
You can start by creating your wallet via Cudos Platform, be sure you have Keplr wallet or Cosmotation Wallet install on your chrome broswer.
Now, you have the wallet, get some $CUDOS token on the following list exchanges and transfer to your wallet to leverage on the solutions CUDOS provides for its users.
Gate.io | Ascendex

Let me stop here.
You can learn more about CUDOS by visiting the website

Posted Using LeoFinance ^Beta