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Cosmos: The Hydro protocol will be launched, and ATOM stakers participating in the voting will receive incentives

Sep 19, 2024 23:50:15

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ChainCatcher news, Cosmos Hub posted on platform X that the Hydro protocol will soon be launched, and ATOM stakers participating in the voting will receive incentives.

According to the Cosmos announcement, users must first stake their ATOM tokens and convert them to LSM, then transfer the LSM to Neutron to gain voting rights. Each time they participate in a proposal vote, they will receive incentives, and the fewer people who choose the same option, the higher the rewards.

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