What’s Cosmos (ATOM)?
The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains, creating the foundation for a new token economy. Cosmos Hub is the first hub among many hubs that has launched within the Cosmos Network of sovereign blockchains, and ATOM is the Cosmos Hub's staking token.
How does Cosmos(ATOM) work?
Cosmos makes blockchains powerful and easy to develop with Tendermint BFT and the modularity of the Cosmos SDK. Cosmos enables blockchains to transfer value with each other through IBC and Peg-Zones, while letting them retain their sovereignty. Cosmos allows blockchain applications to scale to millions of users through horizontal and vertical scalability solutions.
More than anything, Cosmos is not a product but an ecosystem built on a set of modular, adaptable and interchangeable tools. Developers are encouraged to join the effort to improve existing tools and create new ones in order to make the promise of blockchain technology a reality. These tools are the foundation needed to create the decentralized internet and global financial system of tomorrow.
How to calculate ATOM staking reward?
The inflation rate of ATOM is 7% - 20%. If less than 2/3 is bonded, the inflation rate will gradually adjust up to a maximum of 20%. The inflation rate, which gradually decreases to 7% when more than 2/3 of the total Atom supply is bonded. Real annual rate of return = 1 / bonding percentage of total ATOM supply * inflation rate * (1 – node commission rate).
What’s the advantage of delegating to Huobi Wallet?
As an on-chain wallet, users keep their private keys which means they can control their staking assets. Running ATOM nodes requires advanced technology, users will lose parcial principles and revenues when nodes are not honest or failed. Huobi wallet owns its operation team, runs multiple zero-breakdown nodes and build up rich experience in node operation. Meanwhiles, Huobi Wallet node will charge a commission fee, far below the community average, to benefit our users at the most extent and practice the decentralization spirit.
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