Tendermint, an open network facilities service provider with a focus on the Cosmos blockchain environment, today introduced Emeris, a one-stop portal for all crypto apps, no matter what blockchain they run on. Starting as a non-custodial, cross-chain DeFi website, Emeris will extend its suite of products to other tools including a mobile app and a web browser extension wallet.
The goal of Emeris is to incorporate decentralized applications (dApps) from different blockchains. Additionally, it will provide access to numerous kinds of sector procedures, from loaning and yield farming to NFT markets, payment applications, data storage, and many other use-cases.
For this month’s beta launch, Emeris will initially focus on cross-chain DeFi. Emeris will offer users with a control panel presenting a combined view of their crypto holdings across multiple Cosmos chains. Initially, supported chains will consist of Cosmos Hub, Crypto.com, Akash Network, IrisNet, Persistence, Osmosis, Regen Network, and Sentinel. Plans are for brand-new chains will be routinely integrated.
In addition to its property management capability, the Emeris control panel comes with two flagship features:
- Integration of Gravity DEX. Gravity DEX (the first dApp supported) is a cross-chain decentralized exchange procedure; arranged to introduce on the Cosmos Hub on July 12th,
- Cross-blockchain asset transfersusing Cosmos’ Inter-Blockchain Communication (IBC) procedure. Emeris will be the first interface to include wise IBC routing capabilities.
In the beta, the Emeris group will roll out visual design improvements and brand-new Cosmos chain combinations. In addition, Emeris will provide essential performance metrics, staking abilities, in addition to including assistance for numerous wallets (at beta launch, just the Keplr wallet is supported).
The arranged public launch of Emeris remains in late September 2021. At this stage, Emeris will extend assistance to chains outside of the Cosmos environment, starting with Ethereum. This expansion will follow the Gravity Bridge execution, a bridge tool that allows tokens to stream easily in between Cosmos chains and Ethereum. In addition to supporting more chains; Emeris will offer access to brand-new DeFi protocols beyond the Gravity DEX. Finally, the public launch will also mark the release of the Emeris mobile wallet.
“In the previous few years, blockchain maximalism– the idea that one blockchain will ‘‘ win’ over all the others– has actually run widespread in numerous crypto communities. Yet, here at Tendermint, we have always thought that the future of crypto includes numerous interconnected blockchains, with each blockchain serving different use cases; a vision that has begun to understand just recently. In current months, there has actually been an increasing pattern of decentralized applications built on Ethereum alternatives, consisting of sovereign Cosmos chains, layer-2 solutions like Polygon, layer-1 chains like Solana or Polkadot, and numerous others. Yet, numerous applications that are spreading from a single-chain to a multiple-chain ecosystem leaves crypto heavily fragmented. As an outcome, there’s still no simple way to access the best-decentralized applications in one place. That’s where Emeris can be found in.”
– – The Tendermint & & Emeris Team