ATOM token is
The Native token of the Cosmos network.
ATOM token is used for
- Staking and securing the networks Proof of Stake consensus.
- Staking to vote in governance
- Delegating to validate and earn rewards
- Transaction fees
Tokens are locked for Consensus, Governance and delegation.
What is Cosmos Network?
Cosmos is an ecosystem of apps and an Inter-Blockchain Communications protocol.
How Cosmos works
Built on Tendermint BFT consensus of the most efficient Proof of stake implementations.
The goal of the Cosmos SDK is to allow developers to easily create custom blockchains from scratch that can natively interoperate with other blockchains.
Network fees and inflation is transferred to validators and delegators.
Any ATOM holder can participate in consensus by delegating to validators and earn 90% of the rewards. Validators take 10% of the delegation.
Current supply: 238,526,146 tokens
- 5% – Donors
- 10% – Interchain foundation
- 10% – Tendermint
- 75% Private and public sales