4min chapter

The Defiant - DeFi Podcast cover image

Cosmos Co-Founder Ethan Buchman on Building an Internet of Sovereign Blockchains

The Defiant - DeFi Podcast

CHAPTER

Cosmos Hub

ethan: atom is a staking token, like other staking tokens. It's used for fees on the cosmos hub. And it can be used for fees, nonn other chains. Wi will continue with with a sort of cosmos hub to i non. I expect you'll see changes over the next two years in terms of how atoms are used and what they're worth. The current parimeters are just sort of what was there at the beginning to kind of boot strap the thing. But i can certainly see a world where the toconomics are radically changed.

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