The voting period of proposal #17 to enable IBC ends tomorrow. Proposal #18 is also in progress to shorten the voting period of governance proposals from 14 to 7 days. So cast your vote to participate in the latest LikeCoin proposals.
LikeCoin joining the Cosmos-IBC gang
Exciting week at LikeCoin as proposal #17 is about to pass, joining the already robust DeFi Cosmos Network. LikeCoin will be able to leverage the Inter-Blockchain Communication protocol (IBC) that connects to the cross-chain decentralized exchanges (DEXs) and interoperate with other blockchains connected to the Cosmos Hub. Users can transfer various tokens directly from the LikeCoin chain to another IBC-connected chain without going through a centralized third-party platform.
The rapid development of DEXs in the Cosmos ecosystem provide higher liquidity for smooth trading and price stability, permissionless token listings, opportunities for generating higher ROI by participating in liquidity pools, and a lot more. Emerging DEXs include Osmosis, Gravity DEX, Sifchain, etc. It is expected that LikeCoin will be listed on DEX as soon as possible after supporting IBC.
Make sure to follow us on Twitter for the latest updates!
Vote now on dao.like.co
Thank you to the technical team; it is now easy to participate in LikeCoin governance at stake.like.co. You can link to various wallet solutions like Keplr, Ledger or directly link your Liker ID account. If you would like to support/oppose any of the ongoing proposals, you may vote individually or entrust a validator to vote on your behalf.
Every LikeCoin holder is a stakeholder, and your rights only belong to you when they are exercised.
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