The Cosmos Hub fork AtomOne mainnet will be launched on February 27

2024-02-21 22:56:45

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ChainCatcher news, Cosmos validator node Stakecito co-founder Cryptocito (@Cryptocito) posted on social media that the Cosmos Hub fork AtomOne (or renamed GovGen) will launch its mainnet next Tuesday, February 27.

It is reported that Cosmos co-founder Jae Kwon released the specific charter for the Cosmos fork AtomOne last November, including declarations, vision and mission, genesis distribution, token economics, AtomOne governance, and the AtomOne technical advisory committee, to "respond to the Cosmos community's differing views on mission, token economics, and security." ATOM1 is defined as the staking token for the minimal ICS1.5 IBC AtomOne Hub, which will always maintain 2/3 of ATOM1 staked, with 10% of ATOM1 being pre-mined for various purposes, and 80% of inflation + rewards directed towards stakers who choose validators.

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Cosmos Hub AtomOne

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