In November 2023, the Cosmos Hub community approved the contentious proposal 848, which reduced the maximum inflation rate of the native token ATOM to 10% from 20%. At the time, ATOM’s actual inflation rate stood at 14%. The proposal was expected to fall through. However, just before the deadline, there was a surge of votes and with some validators changing their stance, the proposal passed with 41.1% votes. A significant portion of the voters — 38.5% — voted against it. A day after the proposal was passed, Cosmos co-founder Jae Kwon, who was opposed to the voting results, decided to fork the Cosmos Hub to create AtomOne.
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Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,953.00
▲ +0.00%
ETH
$1,917.99
▲ +0.30%
USDT
$0.999329
▲ +0.00%
BNB
$599.26
▲ +1.50%
USDC
$0.999607
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.328633
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.00
▲ +1.30%
DOGE
$0.070704
▲ +1.70%
USDS
$0.999886
▲ +0.00%
RAIN
$0.012665
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$509.30
▼ -0.30%
ADA
$0.199524
▼ -1.50%
XMR
$376.85
▼ -0.50%
WBT
$56.19
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164929
▲ +1.80%
DAI
$0.999918
▲ +0.00%
BCH
$216.07
▲ +0.10%
USD1
$0.999357
▼ -0.10%
USDE
$0.999564
▲ +0.00%
CC
$0.095564
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,953.00
▲ +0.00%
ETH
$1,917.99
▲ +0.30%
USDT
$0.999329
▲ +0.00%
BNB
$599.26
▲ +1.50%
USDC
$0.999607
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.328633
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.00
▲ +1.30%
DOGE
$0.070704
▲ +1.70%
USDS
$0.999886
▲ +0.00%
RAIN
$0.012665
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$509.30
▼ -0.30%
ADA
$0.199524
▼ -1.50%
XMR
$376.85
▼ -0.50%
WBT
$56.19
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164929
▲ +1.80%
DAI
$0.999918
▲ +0.00%
BCH
$216.07
▲ +0.10%
USD1
$0.999357
▼ -0.10%
USDE
$0.999564
▲ +0.00%
CC
$0.095564
▲ +4.90%
BTC
$64,953.00
▲ +0.00%
ETH
$1,917.99
▲ +0.30%
USDT
$0.999329
▲ +0.00%
BNB
$599.26
▲ +1.50%
USDC
$0.999607
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.328633
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.00
▲ +1.30%
DOGE
$0.070704
▲ +1.70%
USDS
$0.999886
▲ +0.00%
RAIN
$0.012665
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$509.30
▼ -0.30%
ADA
$0.199524
▼ -1.50%
XMR
$376.85
▼ -0.50%
WBT
$56.19
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164929
▲ +1.80%
DAI
$0.999918
▲ +0.00%
BCH
$216.07
▲ +0.10%
USD1
$0.999357
▼ -0.10%
USDE
$0.999564
▲ +0.00%
CC
$0.095564
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,953.00
▲ +0.00%
ETH
$1,917.99
▲ +0.30%
USDT
$0.999329
▲ +0.00%
BNB
$599.26
▲ +1.50%
USDC
$0.999607
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.328633
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.00
▲ +1.30%
DOGE
$0.070704
▲ +1.70%
USDS
$0.999886
▲ +0.00%
RAIN
$0.012665
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$509.30
▼ -0.30%
ADA
$0.199524
▼ -1.50%
XMR
$376.85
▼ -0.50%
WBT
$56.19
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164929
▲ +1.80%
DAI
$0.999918
▲ +0.00%
BCH
$216.07
▲ +0.10%
USD1
$0.999357
▼ -0.10%
USDE
$0.999564
▲ +0.00%
CC
$0.095564
▲ +4.90%
