Kinesis Labs Partners with Nomad Bridge
Through Nomad, billions of stablecoins will be bridged onto Evmos and be able to swapped via Kinesis.
We are excited to announce that Kinesis Labs, Evmos’ premier stableswap, will be partnering with Nomad Bridge to help bridge hundreds of millions of dollars in stablecoins to Evmos
Nomad’s bridge is one of the leading multichain bridges, with over $220,000,000 in total volume transacted. Through Nomad, anyone will be able to easily bridge assets from Ethereum and other EVM chains to Evmos and the rest of the Cosmos ecosystem.
Stablecoins such as USDT, USDC, DAI, and FRAX will all be available to be bridged onto Evmos’s on Mainnet through the Nomad Bridge.
Kinesis will create base pools that facilitate liquidity between Nomad and other bridged stablecoins. Stablecoin liquidity is the basis for all DeFi ecosystems; Cosmos’ current decentralize exchange landscape lacks a way of dealing with different bridge assets.
Kinesis is an AMM designed specifically for stablecoins, comprised of a team of quantitative researchers and engineers who work with bridge partners like Nomad to ensure bridge stablecoins have proper liquidity. Kinesis is building stablecoin infrastructure for Cosmos.
With this Nomad bridge partnership, we are one step closer to our goal of bringing the first $100 billion of stablecoins onto Cosmos.
About Nomad:
Nomad is a novel approach to blockchain interoperability that leverages an optimistic mechanism to increase the security of cross-chain communication. Using Nomad, developers can securely build cross-chain applications (or xApps) and bridge assets between chains. Nomad is currently live on Ethereum and Moonbean, aiming for more chains soon. Their unique approach of bridging has positioned themselves as the primary bridge between Evmos and other EVM compatible blockchains.
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About Kinesis Labs:
Lowest Slippage. Innovative Tokenomics. Best user experience.
Kinesis Labs is the first stablecoin exchange on Evmos. Kinesis Labs is made up of a team of DeFi natives who have worked at the likes of Risk Harbor, Polychain, and Hudson River Trading. Kinesis is the premier destination for stablecoin trading on Cosmos, and will be deployed on Evmos Mainnet.
