2/9
As you know $ATOM is the native asset of the Cosmos Hub. The first blockchain in the ecosystem. New sovereign networks forks from GAIA (The Cosmos Hub) codebase.
Now that IBC is live and networks in the #COSMOS are starting to enable it on their native chain its time
As you know $ATOM is the native asset of the Cosmos Hub. The first blockchain in the ecosystem. New sovereign networks forks from GAIA (The Cosmos Hub) codebase.
Now that IBC is live and networks in the #COSMOS are starting to enable it on their native chain its time
3/9
for the age of interoperability to start. In the coming weeks, a proposal will go up on the Hub, proposing to open cross-chain transfers.
In short hundreds of networks will start transfer #data accross IBC.
The Cosmos Hub and $ATOM have a unique position in the ecosystem,
for the age of interoperability to start. In the coming weeks, a proposal will go up on the Hub, proposing to open cross-chain transfers.
In short hundreds of networks will start transfer #data accross IBC.
The Cosmos Hub and $ATOM have a unique position in the ecosystem,
4/9
as the most ⚛️secure, ⚛️decentralized and ⚛️liquid network.
The so called #spaceport of the interchain world will be a place of passage.
Billions of #data packages will be routed through the Hub via IBC. One of the destinations will be the AMM (Live in April).
as the most ⚛️secure, ⚛️decentralized and ⚛️liquid network.
The so called #spaceport of the interchain world will be a place of passage.
Billions of #data packages will be routed through the Hub via IBC. One of the destinations will be the AMM (Live in April).
5/9
Fees for swaps, gas and tx will be payed in $ATOM by default.
On top of the tx that flow in/out of the Hub via IBC and the AMM, there will be the option to utilize ATOM in liquidity pools.
Fees for swaps, gas and tx will be payed in $ATOM by default.
On top of the tx that flow in/out of the Hub via IBC and the AMM, there will be the option to utilize ATOM in liquidity pools.
6/9
Another major milestone for value capture coming in the later part of the year will be shared security. A way for smaller/less secure networks to rent security from Cosmos Hub validators. This will be an opt in mechanism since utilizing your $ATOM to secure other networks
Another major milestone for value capture coming in the later part of the year will be shared security. A way for smaller/less secure networks to rent security from Cosmos Hub validators. This will be an opt in mechanism since utilizing your $ATOM to secure other networks
7/9
brings the same slashing risks that you have on the Hub ie soft and hard slashes.
IBC opens up a whole new world for the #defi sector. A more efficient & scalable way to conduct #finance.
Additional usecases that will lead to value capture include e-commerce marketplaces,
brings the same slashing risks that you have on the Hub ie soft and hard slashes.
IBC opens up a whole new world for the #defi sector. A more efficient & scalable way to conduct #finance.
Additional usecases that will lead to value capture include e-commerce marketplaces,
8/9
data marketplaces, NFT marketplaces and much more. Via the upcoming Gavity bridge all of the Ethereum defi projects will be able to seemlessly interact with the COSMOS Hub & ecosystem, driving value directly to $ATOM.
data marketplaces, NFT marketplaces and much more. Via the upcoming Gavity bridge all of the Ethereum defi projects will be able to seemlessly interact with the COSMOS Hub & ecosystem, driving value directly to $ATOM.
9/9
The 3 core pillars of COSMOS are complete. Now its time to focus on UI/UX, on/off ramps, facilitate the onboarding of new cosmonauts and continue building useful applications.
The 3 core pillars of COSMOS are complete. Now its time to focus on UI/UX, on/off ramps, facilitate the onboarding of new cosmonauts and continue building useful applications.
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