It may be approved by local community enthusiasts of ATOM holders. This update is undoubtedly the most thorough change in ATOM logo customization since Cosmos was released to the public in 2016.
Today, on October 31, 2022, ATOM 2.0 will update the process of online referendum on the Cosmos cross network infrastructure platform.
Earlier that month, the ATOM community approved a proposal. Therefore, it is only one step away from completion: on the contrary, it can essentially change the working state of ATOM digital currency in the Cosmos ecosystem.
According to the description of the Cosmos team, the agreement completely fulfilled its initial enterprise vision as a Cosmos network switch, released Tendermint, IBC and SDK, and formulated and operated the inter chain security and liquidity deposition system:
The redesign of Cosmos will adopt inter chain scheduler and inter chain regulator. The first will serve as a cross chain blockchain indoor space sales market, which will result in MEV rewards and provide natural materials for the second. On the contrary, Interchain Allocator will distribute such rewards to apply a new Cosmos chain, stimulate expansion, and then expand the overall target market capacity of Interchain Scheduler.
In the aspect of regulation, the proposal introduces the Cosmos Federation, which is also an industry entity line responsible for the development, design, daily maintenance and operation of Cosmos.
On the contrary, the Cosmic Federation will create a Cosmic Congress to undertake ATOM holders to complete milestone overall goals, spend network resources, etc. With more ATOM distributed to the National Ministry of Finance, the asset inflation rate will be extremely low.
In the first few hours of franchise voting, most of the participants voted in favor of the proposal. By the time of submission, nearly 90% of voters had "agreed" with the radical reform and innovation of ATOM governance. The voting will be completed in two weeks.
The price of Cosmos (ATOM) has increased by 2.5% in the past 24 hours; According to the market value, the property returned to the top 20 again.