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Cryptocurrency News Video

Cosmos Crypto Boost: Elys Network Partnership Supercharges $ATOM token | Don't Miss Out!

May 21, 2025 at 02:33 am Dead Cat Crypto

Rarely are 2 crypto projects in a partnership that benefits both tokens. But $ELYS finds key niche in the Cosmos ecosystem as protocol buys $ATOM with profits! 📲Subscribe to the channel if you like supporting small creators. ================================== My links: ⚡alpha telegram channel: https://t.me/DeadCatMedia ⚡YouTube channel: http://www.youtube.com/@Joe4DeadCat ⚡Follow me on X: Twitter.com/joe4deadcat Video links: 🔗Elys DeFi App: https://app.elys.network/ 🔗$ELYS and $EDEN token: https://elys-network.gitbook.io/docs/tokenomic-and-rewards-system/tokenomics ================================== If you’re reading this far, you are truly GMI! Say “hi” in the comments so I can get to know my community! What is COSMOS? Cosmos is a blockchain ecosystem designed to solve the interoperability challenge. It features a central hub, known as the Cosmos Hub, which connects numerous independent blockchains, or "zones," allowing them to communicate and transfer assets securely using the Inter-Blockchain Communication (IBC) protocol. The native cryptocurrency, $ATOM, plays a crucial role in governance, staking, and transaction fees within the network. What is PROOF OF STAKE? Proof of Stake (PoS) is a blockchain consensus mechanism that secures networks by requiring validators to stake cryptocurrency. Unlike Proof of Work, PoS is energy-efficient, using staked tokens to validate transactions and create new blocks. It enhances scalability, lowers environmental impact, and rewards participants with staking incentives. Popular PoS blockchains like Ethereum, Cardano, and Solana drive Web3 adoption with this eco-friendly system.
Video source:Youtube

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Other videos published on May 22, 2025