Blockchain

Story: Cosmos Internet of Blockchains (ATOM) DeFi Soon Opportunity to use Gravity Dex and Osmosis

By Dan Saada

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Gravity is the bridge between EVM Chains like Ethereum and Cosmos SDK based blockchains.  Gravity enables token transfers from Ethereum to the Cosmos Hub and back by locking…

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Governance proposal #48 on the Cosmos Blockchain:  “New Cosmoshub proposal to increase the inflation rate change variable as for the network to better protect itself against…

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What is the Proposal about Inflation Rate Change Correction per Cosmos Big Dipper?

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The purpose of changing the network’s inflation rate is to protect it from unbonding shocks that threaten to compromise the security of the network.

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Inversely, if we regain a desired amount of staked tokens, the yield will drop, decreasing effective yields for all delegators.

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I came to the conclusion that 1 (AKA 100% per year is the maximum slope of the inflation curve) gave the most ideal characteristics, with the added benefit of simplifying the…

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Also, DeFi is coming to ATOM in next few weeks.  And, this opens up new opportunities to use ATOM in the Gravity Dex and Osmosis.

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To make it all a success, the community are looking to have more votes for proposal 48. And, all this to ensure the staking on the Cosmos Hub to remain adaptive.

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About being green, Cosmos offers the opportunity for automatically offsetting validator and even protocol-level emissions with Regen Network’s carbon offsetting protocol.

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