Proposed Transfer of 1 Million ATOM from Cosmos Hub to Hydro for Enhanced Liquidity
Publication Time:2024-07-26 21:16:06
Cointelegraph reports that the Cosmos Hub has proposed transferring one million ATOM from its community fund to the Hydro committee with the aim of enhancing the liquidity of ATOM in the market through the Hydro liquidity management protocol. Hydro is a platform focused on liquidity management that allows projects to obtain liquidity support through bidding, thus increasing the liquidity and trading efficiency of assets in the market. The implementation of this proposal is expected to bring a more active trading environment and higher asset value liquidity to ATOM holders.
Cosmos Hub
ATOM
Hydro
Enhanced Liquidity