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Cosmos

Cosmos

Check on MintscanStake ATOM
Validator address:
cosmosvaloper17mggn4znyeyg25wd7498qxl7r2jhgue8u4qjcq
FEE
5%
Price
$7.1 -0.89%

What is Cosmos?

Cosmos is a wide ecosystem of interconnected decentralized applications and services, self-named as the Internet of Blockchains with tools that make it easy to build new, custom-designed blockchains that are interoperable with others in the Cosmos network.

The Cosmos blockchain launched in March 2019 was the first network built with the Cosmos SDK. Due to the showcase of excellent scalability performance and interoperability, over 250 blockchains used Cosmos SDK in its core and became a part of the Cosmos network which keeps growing.

What is ATOM?

ATOM is Cosmos’s native coin that has three primary use cases:

  1. Users must pay their transaction fees using ATOM, proportional to the computational power required.
  2. ATOM is also used to take part in Cosmos Hub’s governance system. The more ATOM you hold, the more voting power you have in platform decisions.
  3. The coin is staked behind validators (e.g 01node) for rewards in taking part in the consensus algorithm.

ATOM was distributed via an (ICO), and it has no supply limit, making it an inflationary coin. This is due to Tendermint Core rewarding stakers with freshly minted ATOM. The inflation rate adjusts in real-time based on the amount staked and the number of stakers.

How to buy ATOM?

You can buy ATOM on a number of popular exchanges, including the world’s top exchange in terms of trading volume Binance.

How to stake ATOM

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Staking guide

The easiest way to stake ATOM is via Keplr.

  1. Go to https://wallet.keplr.app/chains/cosmos-hub
  2. Open your kepler wallet extension under the staking section Click the “stake” button.
  3. Find 01node in the Cosmos validator set and click the “manage” button.
  4. Click “delegate”.
  5. Enter the amount you want to delegate. Remember to keep some Cosmos available to pay for transaction fees.
  6. Click “delegate” and then click “approve” to approve the transaction.

01node’s Validator Addresses
💡 cosmosvaloper17mggn4znyeyg25wd7498qxl7r2jhgue8u4qjcq

When to receive first staking reward?

Rewards start accruing the moment you stake your ATOM.

What is the unbonding period on ATOM?

To get your delegation back you should undelegate it and after 21 days your assets will be available.

Are there any risks while delegating ATOM tokens?

Once delegated, your stake physically remains on your wallet and returns to your full control right after you un-delegate it.

To know more about Cosmos ecosystem

Cosmos projects

The data provided here is not an endorsement of the projects.
Please DYOR before investing in any project.

Agoric is an open-source development company launching an interoperable Proof-of-Stake chain and economy. Their JavaScript-native smart contract platform offers developers a safe, reusable library of DeFi components to rapidly build and deploy on-chain.

Akash Network, the world’s first decentralized and open-source cloud, accelerates deployment, scale, efficiency and price performance for high-growth industries like blockchain and machine learning/AI. Akash Network envisions a world where cloud computing is permissionless, sovereign, and open, where builders of the internet have greater freedom to expand the human experience.

Osmosis is a cross-chain automated market maker (AMM) protocol built using the Cosmos SDK that allows developers to design, build and deploy their own customized AMMs. Osmosis is one of the first Cosmos-based AMM DEX.

Cosmos has the market cap among the 30 largest in the cryptocurrency market, so the growth potential of Osmosis in the future is enormous. Osmosis is inspired by Balancer, Uniswap and Curve Finance, so it has the advantages of all three mentioned AMMs.

Aleph is a cross-blockchain layer-2 network specifically focused on decentralized applications and their related infrastructure (storage, computing servers, security). Their aim is to decentralize and revolutionize the web and the cloud as we know it.

Current decentralized applications are generally unreliable and slow or tied to single blockchain architecture. Decentralized applications need to not only overcome these issues, but they also need to be able to communicate with other projects.

The (r)evolutionary Ankr protocol brings increasing definition to Ankr’s vision of Web 3.0 mass adoption. Featuring open access to a Public RPC API layer, Ankr Protocol provides reliable, load balanced access to node clusters from anywhere in the world.

The Ankr Protocol is comprised of open access Public Community RPCs, Ankr Premium featuring private endpoints and Providing functionality. Ankr Protocol is continuing to evolve and is on a pathway to being owned and governed by the Ankr community.

Band Protocol Ensures Interoperability between Smart Contracts and the Rest of the World. One of the biggest challenges for the any decentralized application is to have access to trusted data and services over the traditional Web 2.0. Band Protocol tackles this problem by building a decentralized bridge to enable secure interoperabilities between smart contracts and the traditional web.

Dfinance enables you to create and trade your own blockchain-based financial instruments with natural language tools. Dfinance integrates with a number of platform partners enabling you to create universal financial instruments, from DeFi to tokenized real world assets.

Leading issuer of interest-bearing, currency-backed stablecoins for the Internet of Money.

Frontier is a Crypto & DeFi, NFT wallet where you can send, store & invest in 4,000+ crypto assets. Earn passive income on your crypto by staking or suppling assets in DeFi apps and explore web 3.0 from a single place.

Injective Protocol is a fully decentralized layer-2 DEX protocol built for the next generation of decentralized derivatives exchange. The Injective Chain is a Tendermint-based IBC-compatible blockchain which supports a decentralized orderbook-based DEX protocol and a trustless ERC-20 token bridge to the Ethereum blockchain.

We breathe, we give! #WePlant