.cosmoshub has a crucial announcement for $ATOM stakers: What is replicated security? Cosmos ATOM
With this upgrade activated, ATOM stakers will get rewards from all new projects launching as Comsumer Chains. Every Consumer Chain, therefore,"leases" security from Cosmos Hub and its validators.
Cosmos Hub will share rewards with both validators and delegators. Together with ATOM staking rewards, network participants will get the native tokens of Comsumer Chains. If some Consumer Chains have no native governance token, rewards will be shared in transaction fees.By default, 25% of transaction fees will be shared between Cosmos Hub and ATOM stakers. New Consumer Chains will be approved by a governance proposal supported by both stakeholders and 66.7% of the Cosmos Hub validator set.
Cosmos representatives describe it as"an ATOM-aligned ecosystem that will create new exciting dynamics yet to explore." As such, it might unveil new catalysts for Cosmos stakers.Cosmos token is changing hands at $14.11, being up 7.6% in the last seven days.
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