According to Foresight News, the liquidity staking project Lido Finance announced that the wstETH bridge to Cosmos has been launched, and the ETH staked by Lido can now be used as liquidity in the Cosmos ecosystem.
The wstETH Cosmos bridge was developed by Lido in partnership with Neutron and Axelar, with both Axelar and Neutron committing 1% of their respective token supplies to incentivize liquidity for major Cosmos DApps.
