Cosmos Ecosystem

By Cryptowido | Cryptowido | 29 Jan 2023

Hello,

In my previous post, I indicated that I bought 53.174 ATOM for 702.56891936 USDT on 01/23/2023.
I sent 53.4336 ATOM to my keplr wallet (I already had few ATOM on Coinbase).

As you can see in the screenshot above, I have staked 21 ATOM by selecting a Validator.
Now, we have to go through Osmosis :

I chose Keplr (browser) and Cosmostation (App Phone) to interact with the Cosmos ecosystem.

Note : when installing Keplr, you can choose 12 or 24 words for your key words.
I chose 24 words so i could use them to "restore" Cosmostation wallet when installing it on my phone.
My goal is to be able to use the same funds on two different wallet interfaces.
This can save me from having to make transactions from Keplr to Cosmostation (or vice versa).

And here is Osmosis where we can swap... But first we have to deposit ATOM on OMOSIS chain :

Now lets swap some ATOM for some OSMO :

Then lets stake some OSMO :

We can go back to OSMOSIS and swap again for some JUNO, EVMOS, XPRT, STARS, etc.

And finally, the governance where we can vote :

Currently, I have ATOM, OSMOS, JUNO, EVMOS, XPRT, and STARS that I'm staking in this COSMOS ecosystem.

I have divided my investment in the COSMOS ecosystem into two parts :
A part in my wallets to interact, test this COSMOS ecosystem.
And another part in Meria which offers staking services.

I split my investments into different wallets and use different CEX to split my risk.

So that's how I started my investments in the COSMOS universe.

I am just sharing what I'm doing in this crypto adventure. I have no advice to give, no real certainty about the future.

This is not investment advice. And the possibility that I'm wrong is also to be taken into account.
The crypto market is young, volatility is high, do your own research and measure the risks before making a decision.

Thanks for reading my post and happy New Year :)

Publish0x Links : Newcomers - Bear Market or Not - Bitcoin Bear Market Bottom - Bear Market : Buying Time - My first crypto purchases for this Bear Market 2023 - My Crypto Investments Part 2