Cosmos Gravity Bridge is a decentralized, neutral Cosmos blockchain whose primary purpose is to secure the operation of bridges between Cosmos based chains and other blockchain “layer one” ecosystems, starting with Ethereum.
Through IBC, many different cosmos based projects can connect and use the bridge to access ERC20 assets, like WETH, DAI, USDC, WBTC, and more, without having to operate the gravity orchestrator on their own chain.
Cosmos Gravity Bridge will be able to bring ERC20 assets from Ethereum into Cosmos, as well as Cosmos assets to Ethereum ERC20 representations. Assets from Ethereum will be able to flow into the Cosmos ecosystem and interact with the unique applications that exist in the Interchain, such as Akash Network, Sentinel, Regen and Osmosis. Meanwhile, ATOMs and any other asset in the Cosmos ecosystem, will be able to trade on Uniswap and other Ethereum AMMs, and interact with Ethereum DeFi like any ERC20 token.