Hi all -
Wanted to chime in on some tools for facilitating swaps in a decentralized fashion and crosschain - and it’s native to your Cosmos SDK.
What is Supernova?
Supernova is a Cosmos Zone, built using the Cosmos SDK, that is dedicated to performing lockdrops for BTC, ETH and ATOM holders, and eventually other tokenholders who are awarded DUST as well. As IBC is built, Supernova will also be bridged to other zones and chains.
As it supports ETH, it can support the ENG ERC-20 – perhaps signal your ENG for zero duration or go further with timelocks.
Over at Commonwealth Labs, we designed the original lockdrop- and we’re confident that it supports the creation of utility tokens regardless of the original asset due to the decentralized distribution specs that are produced. In the original Edgeware lockdrop, Validators can choose to run a spec generated by the decentralized process, or unite on separate terms; and that leaderless launch process helps ensure community alignment and control - and perhaps compliance benefits as well. To be clear, I am not an attorney, but we have done significant due-diligence on this, and launched Edgeware under the same research, also targeting the Ethereum ecosystem.