On October 22nd, Cosmos Hub’s AtomOne chain, based on its 848th proposal forking, has been launched. The independent governance blockchain GovGen has successfully started with the support of 50 validators, and improved the centralization of validators’ voting power by canceling the voting rights related to delegation for validators.
In the tokenomics, 96.99 million ATOMs are allocated to ATOM Tokenholders, 5.38 million ATOMs are allocated to the community pool, and 5.38 million ATOMs are allocated to the DAO treasury.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
3
Repost
Share
Comment
0/400
Tjg88
· 2024-10-22 14:34
What does it mean? Increase the issuance by 100 million?
Cosmos HubforkATOMOne, distributing 96.99 million ATOM to ATOM holders
On October 22nd, Cosmos Hub’s AtomOne chain, based on its 848th proposal forking, has been launched. The independent governance blockchain GovGen has successfully started with the support of 50 validators, and improved the centralization of validators’ voting power by canceling the voting rights related to delegation for validators. In the tokenomics, 96.99 million ATOMs are allocated to ATOM Tokenholders, 5.38 million ATOMs are allocated to the community pool, and 5.38 million ATOMs are allocated to the DAO treasury.