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Cosmos Hub fork AtomOne plans to launch mainnet on February 27

Cosmos Hub fork AtomOne plans to launch mainnet on February 27

CointimeCointime2024/02/21 14:33
By:Cointime

Cryptocito (@Cryptocito), co-founder of Cosmos validation node Stakecito, announced on social media that the Cosmos Hub fork AtomOne (or renamed GovGen) will launch its mainnet on Tuesday, February 27th. In November of last year, Cosmos co-founder Jae Kwon released the specific charter for the Cosmos fork AtomOne, including declarations, vision and mission, Genesis allocation, token economics, AtomOne governance, AtomOne technical guidance committee, and other content, in response to the Cosmos community's different views on mission, token economics, and security. ATOM1 is defined as the minimum staking token for the ICS1.5 IBC AtomOne Hub, with the Hub always maintaining 2/3 staking of ATOM1, 10% of ATOM1 being pre-mined for various purposes, and 80% of inflation + reward flowing to stakers who choose validators.

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