About Cosmos (ATOM)
Cosmos is a proof-of-stake, multi-chain blockchain intended to facilitate data transfer among other blockchains. The network operates via a “hub and spoke” model where independent blockchains (“Zones”) interact with a single “Hub” chain. This system can enable near-instant transfers between multiple blockchains without the need for a central party such as an exchange.
ATOM is the native token on the Cosmos network, used for staking, transaction payments, and governance voting.
The supply of ATOM grows over time through validator and delegator rewards paid to maintain the functionality and security of the network.