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Cosmos HubforkATOMOne, distributing 96.99 million ATOM to ATOM holders
On October 22nd, Cosmos Hub's AtomOne chain, based on its 848th proposal forking, has been launched. The independent governance blockchain GovGen has successfully started with the support of 50 validators, and improved the centralization of validators' voting power by canceling the voting rights related to delegation for validators. In the tokenomics, 96.99 million ATOMs are allocated to ATOM Tokenholders, 5.38 million ATOMs are allocated to the community pool, and 5.38 million ATOMs are allocated to the DAO treasury.