Cosmos: The Hydro protocol will be launched, and ATOM stakers participating in the voting will receive incentives

2024-09-19 23:50:15
Collection

ChainCatcher news, Cosmos Hub posted on platform X that the Hydro protocol will soon be launched, and ATOM stakers participating in the voting will receive incentives.

According to the Cosmos announcement, users must first stake their ATOM tokens and convert them to LSM, then transfer the LSM to Neutron to gain voting rights. Each time they participate in a proposal vote, they will receive incentives, and the fewer people who choose the same option, the higher the rewards.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators