Learning About Cosmos - $ATOM ;
Like and follow the profile to keep up with various information...
Atom token that represents the central Hub of the Cosmos ecosystem... speaking of this hub and token, we can say that it is a hub with an interoperable token with more than 100 different Blockchains.
The hub works on the dpos system (where the common user delegates their tokens and contributes to the security of the network and receives tokens for this, tokens from inflation and transaction volume). Currently, when delegating your Atom token, you receive several other tokens because the Hub now offers security for other Networks/Blockchains and is further modernizing this "security rental" system, also known as shared security.
Cosmos Hub has updated and now allows smart contracts and the DaoDao dapp is already working on the network and everyone can easily create a Dao, including end/common users.
The Cosmos Network is fast (very low fees), interoperable with several blockchains in a simple way, without the need for "traditional bridges" because it uses the IBC, which already has more than 100 networks, and secure because its IBC interoperability has been secure for years, and the hub has been sharing its security with other networks... development at the hub is in full swing and there are strong indications of a huge inflow of liquidity soon.
This is a brief summary so as not to go on too long because there is much more, do your research and studies and good investments to all.