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The Cosmos Hub fork AtomOne mainnet will be launched on February 27

2024-02-21 22:56:45
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ChainCatcher news, Cosmos validator node Stakecito co-founder Cryptocito (@Cryptocito) posted on social media that the Cosmos Hub fork AtomOne (or renamed GovGen) will launch its mainnet next Tuesday, February 27.

It is reported that Cosmos co-founder Jae Kwon released the specific charter for the Cosmos fork AtomOne last November, including the declaration, vision and mission, genesis distribution, tokenomics, AtomOne governance, and AtomOne technical advisory committee, in order to "respond to the Cosmos community's differing views on mission, tokenomics, and security." ATOM1 is defined as the staking token for the minimal ICS1.5 IBC AtomOne Hub, which always maintains 2/3 of ATOM1 staked, with 10% of ATOM1 being pre-mined for various purposes, and 80% of inflation + rewards directed towards stakers who choose validators.

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