Cosmos: Hydro is About to Launch, ATOM Stakers Can Participate in Voting for Rewards
Article is form Jinse
September 19, 2024
This article is translated by ChatGPT Show original
English Translation:
Golden Finance reported that Cosmos Hub announced on platform X the upcoming launch of the Hydro protocol. ATOM stakers will be rewarded for participating in voting.
According to the Cosmos announcement, users need to first stake their ATOM tokens and convert them to LSM. Then, they should transfer the LSM to Neutron to gain voting rights. Each participation in proposal voting will be rewarded, with higher rewards given to those who choose options with fewer voters.
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