Cosmos co-founders have launched the specific charter for the Cosmos fork AtomOne, including content such as token economics

2023-11-28 08:40:40
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ChainCatcher news, Cosmos co-founder Jae Kwon has launched the specific charter for the Cosmos fork AtomOne, including the declaration, vision and mission, genesis allocation, tokenomics, AtomOne governance, AtomOne technical advisory committee, and more, to "respond to the Cosmos community's differing views on mission, tokenomics, and security." Among them, 10% of ATOM 1 will be pre-mined for various purposes, with 80% of inflation + rewards directed towards stakers who select validators.

It is reported that Jae Kwon has consistently opposed reducing ATOM's inflation, believing that ATOM should remain as a staking token that guarantees security, sustainability, and decentralization as core components. However, last week the Cosmos Hub community voted to pass the "ATOM Reduction: Set Maximum Inflation Rate to 10%" proposal.

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