The #Moonbeam project team, in partnership with #DEX Osmosis, provided the opportunity to exchange tokens between the #Polkadot and #Cosmos ecosystems. The infrastructure for the cross-chain solution was provided by the Axelar protocol. The project supports a network bridge and a smart contract interoperability platform. The first allows you to transfer tokens between networks, and the second allows you to deploy #DeFi applications on various blockchains. According to the statement, the native Polka dot token (#DOT) will be the first ecosystem asset available on Osmosis. Moonbeam expects to expand the list of coins in the future. Osmosis co-founder Sunny Aggarwal noted in an interview with Blockworks that he does not consider Polkadot and Cosmos as competitors. According to him, these are just "different frameworks for deploying decentralized applications."
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