TechFlow news, Messari has released the Cosmos Q4 2023 status report with the following details:
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Inflation rate decreased from 14% to 10%, and an EIP-1559-style fee burn mechanism was introduced. These protocol changes originated from the Tokenomics RFP and ATOM 2.0 paper, subsequently triggering the AtomOne fork.
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ATOM price and Cosmos Hub revenue increased quarter-over-quarter by 52% and 129% respectively. The rise in revenue helps offset the economic impact of reduced inflation.
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Daily active addresses and daily transaction volume grew 56% and 158% quarter-over-quarter respectively. This growth was partly driven by inscription-related activities.
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Neutron and Stride saw TVL increase 153% and 179% quarter-over-quarter respectively. They are the first two chains to receive Cosmos Hub's shared security and join the Atom Economic Zone.
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The Atom Alignment Treasury and Atom Accelerator DAO will receive funding in 2024, with plans to update governance/voting mechanisms and fund additional RFPs respectively.
