Cosmos

Cosmos

Validator Address:cosmosvaloper17mggn4znyeyg25wd7498qxl7r2jhgue8u4qjcq
Copied to clipboard!
Status:Mainnet
Fee:10%
Uptime:100%
Stake Now

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 delegate ATOM

CosmosCosmosCosmosCosmosCosmosCosmosCosmos


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

👉 Community Chat
👉 Twitter
👉 Developer Chat
👉 Cosmos Forum

Cosmos Projects

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

Sienna is a privacy-first and cross-chain decentralized finance platform where you can privately swap, lend and convert your tokens into their private equivalent. Sienna is taking over DeFi with privacy-first applications that we will gradually introduce.

The platform is controlled by SIENNA, the governance token, which is earned by using the Sienna platform over time, creating a fair distribution for a perfect decentralized future, where SIENNA token holders decide over the entire platform.

WeTrust is a collaborative savings, lending and insurance platform that is autonomous, agnostic, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack alternative financial system that leverages existing social capital and trust networks, eliminating the need for a “trusted third party”, allowing for lower fees, improved incentive structures, decentralized risks, allowing a greater amount of capital to reside among the participants, and ultimately improving financial inclusion on a global scale.

Copied to clipboard!