The Cosmos Hub fork AtomOne has been launched, distributing 96.99 million ATONE tokens to ATOM token holders

ChainCatcher message, the AtomOne chain based on Cosmos Hub's proposal 848 has been launched, with the independent governance blockchain GovGen successfully initiated with the support of 50 validators. It has improved the concentration of validator voting power by removing the voting rights related to validators and delegations. AtomOne aims to prioritize security, adaptability, and inclusivity to promote the development of the Cosmos ecosystem and enhance the decentralized governance process.

In terms of token economics, 96.99 million ATONE are allocated to ATOM token holders, 5.38 million ATONE are allocated to the community pool, and 5.38 million ATONE are allocated to the reserved address AtomOne Treasury DAO.