Introducing a New Vision for Cosmos Hub at Cosmoverse 2023
The upcoming Cosmoverse 2023 conference in Istanbul will showcase a new vision for the Cosmos Hub and the tokenomics of its native cryptocurrency, $ATOM. Supported by AADAO (ATOM Accelerator DAO), independent teams have been working on innovative models and concepts to establish the Cosmos Hub as the Schelling Point of the Interchain. These updates leverage the architecture of the ATOM Economic Zone (AEZ) and the position of the Cosmos Hub in the wider crypto industry.
Community Involvement in Tokenomics Changes
Cosmos is prioritizing community participation in the decision-making process regarding $ATOM’s tokenomics. They are seeking input from stakeholders before and during Cosmoverse, with discussions held prior to governance proposals being voted upon. This inclusive approach allows stakeholders to shape the future of the Cosmos Hub directly.
Incremental Proposals for Better Alignment
Rather than presenting a single proposal, changes to $ATOM’s tokenomics will be introduced in smaller increments. This enables focused discussions, constructive feedback, and alignment with diverse interests within the Cosmos ecosystem.
Independent Teams Working on Optimization
Several independent teams are actively optimizing $ATOM’s tokenomics. Blockworks Research is exploring liquid staking and monetary policies, Binary Builders is ensuring alignment within AEZ through Protocol-Owned-Liquidity, and Blockchain Innovation Hub at RMIT University is designing a framework for shared security and long-term prosperity.
A More Inclusive and Innovative Future
By engaging the community in incremental discussions, Cosmos aims to align stakeholders towards optimizing $ATOM’s tokenomics. This strategy fosters inclusivity and paves the way for an innovative future.
About Cosmos Hub
The Cosmos Hub is a Layer 1 blockchain that prioritizes interoperability. Through IBC, the Cosmos-SDK, and interchain security, it forms a network of connected blockchains known as “The Internet of Blockchains.”
Contact: Leila [email protected]
Hot Take: Cosmos Hub Unveils New Vision for $ATOM Tokenomics at Cosmoverse 2023 Conference
Cosmos Hub is set to present an exciting new vision for the Cosmos Hub and its native cryptocurrency, $ATOM, at the Cosmoverse 2023 conference in Istanbul. With a focus on community involvement and incremental proposals, Cosmos aims to optimize $ATOM’s tokenomics and solidify its position in the Interchain. Independent teams have been actively working on various aspects of tokenomics optimization, ensuring alignment within the ATOM Economic Zone (AEZ) and shared security. By engaging stakeholders and fostering inclusivity, Cosmos is paving the way for an innovative and prosperous future. Stay tuned for updates on the future of $ATOM and the Cosmos Hub!
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