Cosmos Hub Presents New Vision for Tokenomics at Cosmoverse 2023
This year’s Cosmoverse 2023 conference in Istanbul will feature a new vision for the Cosmos Hub and its native cryptocurrency, $ATOM. The project, funded by AADAO (ATOM Accelerator DAO), aims to solidify the Cosmos Hub as the Schelling Point of the Interchain. Independent teams have been working on new models and concepts that leverage the ATOM Economic Zone (AEZ) and the Cosmos Hub’s position in the crypto industry.
Community Involvement and Incremental Proposals
The Cosmos community will actively discuss proposed ideas to determine the future of the Cosmos Hub. The project is shifting towards greater community participation, allowing stakeholders to have a direct say in shaping $ATOM’s tokenomics. Rather than presenting a single proposal, changes to $ATOM’s tokenomics will be introduced incrementally, facilitating focused discussions and constructive feedback.
Independent Teams Optimizing Tokenomics
Several independent teams are actively working on optimizing $ATOM’s tokenomics. Blockworks Research is focusing on liquid staking and monetary policies, Binary Builders is ensuring alignment within the AEZ, and the Blockchain Innovation Hub at RMIT University is designing a framework for shared security and long-term prosperity.
A More Inclusive and Innovative Future
Cosmos’ strategy aims to align the community and optimize $ATOM’s tokenomics through incremental discussions and community engagement. This approach fosters inclusivity and innovation within the Cosmos ecosystem.
About Cosmos Hub
The Cosmos Hub is a Layer 1 blockchain that prioritizes interoperability. It provides tools like IBC for cross-chain communication, the Cosmos-SDK for building custom blockchains, and interchain security for shared security. The Cosmos Hub is known as “The Internet of Blockchains” due to its network of interconnected blockchains.
Hot Take: Cosmos Hub Empowers Community Engagement and Incremental Proposals for $ATOM Tokenomics
The Cosmos Hub’s new vision for $ATOM tokenomics aims to foster community involvement and inclusivity. By allowing stakeholders to actively participate in decision-making processes and introducing changes incrementally, Cosmos is paving the way for a more innovative and prosperous future. With independent teams working on optimizing tokenomics, the project demonstrates its commitment to shaping the Cosmos Hub as the Schelling Point of the Interchain. This approach ensures that the community’s diverse interests are considered while solidifying the Cosmos ecosystem as “The Internet of Blockchains.”
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