Gravity Bridge to Ethereum is a major upgrade to the Cosmos Hub in Q2.  The bridge is getting developed by Althea Network to act as a gravitational force that pulls capital and liquidity into the Cosmos Hub, thus enriching the Gravity DEX marketplace and wider Cosmos ecosystem.

With Gravity DEX as the first inter chain DEX, the Gravity Bridge to Ethereum will pull capital to the Hub and unlock new opportunities.  Both are about to be launched soon and DeFi is about to heat up on Cosmos.

There are lot of reasons to get excited about this for the Cosmos Community.  Gravity DEX is very significant for the Cosmos Hub as it brings in enormous potential to improve on its utility.

Gravity DEX are incentivizing other chains to bring in DeFi to Cosmos, thus generating unlimited transactions. Also, the fees will go directly to the Cosmos Hub.

Cited advantages in the twitter thread are: Using IBC, Gravity DEX enables Permissionless swaps and pools of tokens between any 2 blockchains in the Cosmos or beyond, meaning way more utility for the Cosmos Hub. The Cosmos Network alone is a burgeoning ecosystem worth ~ $140bn.

New Projects Can Instantly and Permissionlessly Trade Blockchain.  Developers will be able to permissionlessly list their tokens and get instant price discovery and liquidity without having to jump through regulatory hoops to eventually and pay heavily to have them listed on a centralized exchange.

Gravity DEX Levels the DeFi Playing Field.  DeFi growth is on fire, but high fees on DEXs on Ethereum mean that DeFi is getting taken over by whales. A low fees system on Gravity DEX ($0.01-$0.10) ensures accessibility to anyone who wants to take part.

It’s Easier to discover Cosmos Tokens Apart from projects like BNB, ATOM, or LUNA and it’s hard to have access to a lot of Cosmos tokens. Gravity DEX makes it easy to swap any IBC tokens & get in on early-stage innovating projects like regen network or irisnetwork.

Better Price Consistency Beyond high fees, slippage on DEXs like Uniswap leads to price inconsistencies. Gravity DEX uses an Equivalent Swap Price Model (ESPM) that ensures that the price you see is the price you get. Unlike Uniswap, Gravity DEX uses batch execution to remove the possibility of front-running or price manipulation.

Gravity DEX enables the community to build order book trading UIs. This is a useful instrument for traders as they get instant and valuable market pricing info on all tokens being bought and sold and a better idea of where the price may go.

Farming Incentives Gravity DEX will provide bonuses for early participants in the form of farming incentives which will encourage greater liquidity.

When Staking Derivatives, the staked ATOM will be bonded and it can’t be used in DeFi; however, staking derivatives later this year can be traded freely on Gravity DEX and around the Cosmos.