According to official news, the AtomOne chain forked from Cosmos Hub's Proposal No. 848 has been launched, and the independent governance blockchain GovGen has been successfully launched with the support of 50 validators, and the concentration of validator voting rights has been improved by removing the voting rights related to delegation from the validators. AtomOne is considered to be a minimal fork of Gaia (Cosmos Hub), which aims to solve the challenges currently faced by Cosmos Hub in terms of security, fund management, transparency, token economics and validator rewards, while establishing a more inclusive and adaptable blockchain governance model.
In terms of token economics, the total supply of ATONE is 107,775,332, of which 96,997,800 ATONE are allocated to ATOM holders, 5,388,766 are allocated to the community pool, and 5,388,766 are allocated to the reserved address for future funding of AtomOne Treasury DAO.