Explore the dynamic shifts in Cosmos activities with our dashboard. Delve into the impact of proposal #848 on $ATOM's price, transaction volume, user engagement, staking, and key performance indicators from September to date. Uncover insights and trends shaping the Cosmos ecosystem in this concise and informative display.
Introduction
At the core of the evolving blockchain landscape lies Cosmos, a dynamic network interlinking various blockchains. Central to this expansive ecosystem is the Cosmos Hub, which stands as the inaugural blockchain slated to integrate into the broader Cosmos Network.
Fueling the Cosmos Hub's functionality is its native token, $ATOM. Beyond its fundamental role as a transactional medium, $ATOM serves multifaceted purposes, including facilitating transaction fees, enabling staking, and actively participating in governance processes.
Embedded within the Cosmos Hub is an on-chain governance mechanism, empowering $ATOM holders to wield influence over the network. This governance structure allows for the delegation of decision-making authority to validators or individual participation in voting, embodying a decentralized approach to network management.
Notably, the ATOM token boasts one of the highest inflation rates, resulting in lucrative staking rewards and a built-in resilience to rapid price escalation. In response to the prevailing dynamics, a recent proposal has emerged, seeking to curtail the inflation rate of the ATOM token, prompting heated discussions and disagreements within the community.
This dashboard serves as a comprehensive monitoring tool for key performance indicators (KPIs) within the Cosmos ecosystem, with a specific focus on $ATOM—the native token currently embroiled in the contentious proposal #848: ATOM Halving.
Delving into metrics such as daily transaction volume, user activities, staking activities, and $ATOM swaps since September 2023, this dashboard provides a real-time lens into the impact of the debated proposal on the Cosmos network and its native token.