$17.37 -13.33%
ATOM · 3w

Cosmos has an infinite supply and is designed to inflate?

I've been reading up on ATOM and have found a few red flags for me personally. Do I understand correctly that if I'm staking my ATOM on Coinbase for an APR of 5% (I know I can do better but CB is convenient) I am trying to compete with an inflation rate of 5% to 7%? This is because the number of ATOM is pumped up in correlation with the amount staked? This doesn't seem like a good set of incentives to hold ATOM. I'm not sure whether or not it's a good idea anymore.
Go to self.cosmosnetwork
Recent news
ATOM -13.33% · · 10h

Spongebob stakes his $ATOM

$ATOM #blockchain #COSMOS #crypto #altseason #meme— You get touched tonight starring TRP (@TRP_DaRainmaker) April 11, 2021
ATOM -13.33% · · 21h

⚛️🏛 CosmosGov - New draft 🏛⚛️

⚛️🏛@CosmosGov🏛⚛️ 📝 Proposal Draft 📝[New governance proposal for Max Supply and Burn Rate]🔬Focus:• Create a maximum supply of 500 million $ATOM• Create an automatic burn mechanismCosmonauts, Y...
ATOM -13.33% · · 21h

Do Kwon (Terra) thoughts on Cosmos

✉️ Twitter Do Kwon :🌔 Terra :🪞 Mirror :⚓️ Anchor : https://anchorprotocol.com00:...