Cosmos ATOM token
Overview
Cosmos ATOM is the native staking and governance token of the Cosmos Hub, a blockchain that serves as the central hub in the Cosmos interchain ecosystem. It is used for securing the network via proof-of-stake consensus, paying transaction fees, and participating in on-chain governance decisions. ATOM is a core component of the Cosmos network, which enables interoperability between independent blockchains through the Inter-Blockchain Communication (IBC) protocol.
Within the DeFi Intel graph, Cosmos ATOM connects to 1 tracked entity, most strongly to Saga Dollar.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | Saga Dollar | 90% |
Frequently asked questions
What is Cosmos ATOM?
Cosmos ATOM is the native staking and governance token of the Cosmos Hub, a blockchain that serves as the central hub in the Cosmos interchain ecosystem.
What is ATOM used for?
ATOM is used for securing the network via proof-of-stake consensus, paying transaction fees, and participating in on-chain governance decisions.
What is ATOM connected to?
ATOM is backed by Saga Dollar and is a core component of the Cosmos network, which enables interoperability between independent blockchains through the Inter-Blockchain Communication (IBC) protocol.