Try Quests to earn cryptoCosmos & Delegation
What is Cosmos?
Cosmos is a blockchain network designed to enable interoperability between different blockchains. It consists of a number of independent, parallel blockchains, called zones, each powered by a Byzantine Fault-Tolerant (BFT) consensus algorithm known as Tendermint. The Cosmos Hub serves as the central hub of the Cosmos network and acts as an intermediary between zones, allowing them to exchange tokens and information. The Cosmos Hub also features a decentralized exchange (DEX) and a Proof-of-Stake (PoS) consensus algorithm for validators.
What is IBC?
IBC (Inter-Blockchain Communication) crypto is a protocol that enables interoperability between different blockchains. It is designed to allow data, value, and assets to move seamlessly across different blockchains and create a single, connected blockchain ecosystem.
What is ATOM?
ATOM is a cryptocurrency token launched by the Cosmos Network, a decentralized network of independent blockchains. It is used to validate transactions on the Cosmos Hub and to secure the network. ATOM tokens can also be used for staking, which allows holders to earn rewards for participating in the network’s consensus mechanism.
Introduction
Welcome to our exploration of the delegation movement on Cosmos! In this dashboard, we will analyze the patterns of re-delegation in the Cosmos network, including where users re-delegate after their validator votes in a way they disagree with, how validator votes change over the course of a proposal, and any interesting voting statistics we find. By the end of this dashboard, we hope to gain insight into the patterns of re-delegation in the Cosmos network and how validator voting behavior impacts it. Let's get started!
Cosmos ATOM Deligation Activity
Analysis
Based on the information provided, it appears that the Cosmos delegation increased significantly at the end of 2021, going from approximately 2.5K actions per day to around 8K per day. In addition, there were an average of 259 redelegations per day, with some small spikes in activity. The increase in delegation could be a sign of growth and increased interest in the Cosmos network. It is also possible that the increase was driven by a specific event or development within the Cosmos ecosystem. The average number of redelegations per day suggests a certain level of turnover and activity within the delegation pool. The presence of small spikes in redelegation activity could indicate a response to changes in the network or market conditions. Overall, the data suggest that the Cosmos network experienced significant growth and activity at the end of 2021, with a high level of delegation and redelegation. Further analysis and context would be needed to fully understand the implications of this data.
Cosmos ATOM Redeligation and governance Activity
Analysis
It appears that there is a strong relationship between the level of governance activity on Cosmos and the amount of redelegation activity. Specifically, when governance activity is high, redelegation activity also tends to be high. Conversely, as governance activity has been declining, redelegation activity has also been declining. One possible explanation for this relationship is that high levels of governance activity may indicate a high level of uncertainty or volatility within the Cosmos ecosystem. This uncertainty may lead to increased delegation activity as users seek to adjust their stake in response to changing conditions. As governance activity declines and uncertainty decreases, redelegation activity may also decline as users become more confident in the stability of the ecosystem. Another possible explanation is that high levels of governance activity may indicate a high engagement level among users. In this case, the increase in redelegation activity may be a reflection of users actively managing their stakes and making strategic decisions about how to allocate their funds within the ecosystem. As governance activity declines, redelegation activity may also decline as users become less engaged and less active in managing their stakes.
Proposal 82 Vote Activity
Analysis
Proposal 82 was put up for governance analysis by a majority of the community and it had a total of 10% of people changing their votes. Although it was a controversial proposal, it did not cause any increase in redelegation activity. This could be due to the fact that the proposal was not seen as a significant enough change to cause a reaction from the community. It is important to note that the proposal was still controversial in the community, as evidenced by the 10% of people who changed their votes, and that it is likely that there were some people who were against the proposal but chose not to redelegate in protest. This could indicate that the proposal was not seen as a major issue, but it could also mean that the people who disagreed with the proposal did not feel strongly enough about it to take any meaningful action.
Conclusion
In conclusion, the data suggests that the Cosmos network experienced significant growth and activity at the end of 2021, with a high level of delegation and redelegation. Proposal 82 did not seem to cause any significant increase in redelegation activity, indicating that it was not seen as a major issue by the community. This could be due to the fact that the proposal was not seen as significant enough, or that people who disagreed with the proposal did not feel strongly enough to take any meaningful action.