Cosmos (ATOM) Community Approves An Important Innovation!

Employee with proof of work cryptocurrency An important voting phase has ended in ATOM, which was developed to be an alternative to ATOM networks.

ATOM Governance voting by token holders stride Joining the startup to the Cosmos ecosystem received majority approval. Stride, one of the largest liquidity providers in the cryptocurrency industry, is expected to contribute greatly to the ATOM project.

According to the details of the collaboration, Stride will play an important role in the security of the Cosmos ecosystem with some of the liquid staking rewards.

1/ Cosmonauts, Stride is coming 🌊

Prop #794 is approved ✅

The community confirmed support for Stride to adopt #ICS

A proposal to onboard Stride is coming!

In the meantime, here is what @stride_zone is bringing to the Atom Economic Zone 🧵 pic.twitter.com/Tt2evSNj3c

— Cosmos Hub ⚛️ (@cosmoshub) May 12, 2023

Cosmos Hub, in a post on its Twitter account, emphasized that the liquidity provider will operate in the Atom economic zone.

ATOM Ecosystem is Growing!

With the rise in cryptocurrency prices in recent months, developers have been making repeated moves to attract investors to their projects. Except for Stride Cosmos Hub announced last week that it has also acquired an initiative called Neutron.

Although ATOM is known as one of the most reliable cryptocurrency networks, its competitors Cardano, wither And Ethereum his reputation remains low. The developers aim to reverse the situation with new agreements.

After the news, there was no extra change in ATOM price. Cosmos’ native token is fluctuating between the $11.55 resistance and the $10.29 support.