ATOM
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Neutron core contributor Dutheil notes this is “a period of consolidation” in the Cosmos ecosystem
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After a proposal passed to crimp inflation on Cosmos’ ATOM token, Kwon announced AtomOne — a “minimal fork” of the Cosmos Hub application.
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This decision comes after a week of public discussion, nine days after the initial idea was announced at Cosmoverse, Istanbul
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The proposal is still in its infancy, and concrete details on execution have yet to be determined
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Neutron is seeking the reallocation of 25k ATOM tokens that had initially been given to P2P
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The proposal was prompted partly due to the SEC naming ATOM, Cosmos Hub’s native token, a security in the Binance lawsuit
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Some community members have called for the proposal to be split into smaller, more detailed parts
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Blockworks Exclusive: AVAX, DOT and ATOM are added to offerings while SUSHI and SNX are nixed
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The proposal would reduce the token allocation of a JUNO whale, alleged to have exploited a loophole, by over 98%
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Cosmos (ATOM) set to flourish in 2022 on increased developer interest, the upcoming Theta upgrade, and a flourishing DEX Osmosis
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The Cosmos ecosystem continues to mature and now helps secure more than $130 billion in assets; SCRT, OSMO, and ATOM lead the rally.
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The highly anticipated Columbus-5 upgrade brings the UST stablecoin into the Cosmos ecosystem and could impact prices of $SOL, $DOT and $ATOM.
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