Guinch’s opinion for the Cosmos Hub
Transforming the Cosmos Hub into the Economic Center of Cosmos
TABLE OF CONTENTS
-
Introduction
-
TLDR
-
Existing Products
-
Native Liquid Staking Infrastructure + LST Factory
-
A Native DEX
-
A Perp DEX
-
A Lending / Borrowing Market
-
A Native Hub Stablecoin
-
Privacy & Financial Confidentiality
-
Tokenomics
-
Performance Improvements and Gaia Decentralization
-
Strategic Alignment, Branding & Communication
-
Strengthening Teams Dedicated to the Hub
-
ATOM Task Force Platform
-
ATOM Observatory
-
An ATOM Super Dapp
-
Conclusion
1. INTRODUCTION
The fundamental problem with ATOM today is quite simple.The Cosmos Hub is extremely important strategically in the Cosmos ecosystem, but it still captures very little direct economic value.However, several important building blocks already exist:
-
Skip.go: probably one of the best infrastructures in Cosmos today, with advanced routing, interchain execution, and MEV-related capabilities.
-
Stargaze: brings a cultural and creative dimension to the Cosmos ecosystem.
-
Hydro: very interesting for liquidity coordination and certain economic primitives.
-
IBC Eureka: potentially the future standard for interchain connectivity.
-
Licensed commercial modules: likely to generate B2B infrastructure revenue.
The problem is therefore clear:The Hub already has extremely solid technological rails… but not yet enough economic engines.Today, blockchains that perform economically are those that capture:
-
trading,
-
leverage,
-
liquidity,
-
collateral,
-
yields,
-
stable flows.
The Cosmos Hub must therefore evolve from a neutral infrastructure into a true economic capture platform.
2. TLDR
Infrastructure
The Hub already possesses a large part of the best technological rails in the industry: IBC, interchain routing, intents, modular infrastructure, interoperability, and economic security.Cosmos Labs also seems to be making enormous progress on the Cosmos stack with new IBC capabilities, improvements around asset fungibility between chains, innovative interchain primitives, and increasingly performant architectures.But today, these building blocks remain largely under-monetized or insufficiently connected to ATOM’s economic value.
Financial Primitives
The Hub must now build the financial primitives capable of generating volume, revenue, and structural demand for ATOM: a native LST and an LST Factory, a native DEX, a Perp DEX, a true lending/borrowing market, as well as a native Hub stablecoin.The goal is to gradually transform the Cosmos Hub into a true interchain financial center.This vision could also rely in the long term on specialized execution layers connected to ATOM’s economy, such as very high-performance EVM or Solana VM sidechains, designed not as new independent ecosystems but as economic extensions of the Hub.
Value Capture
All these building blocks must be linked to a real value capture strategy through adapted tokenomics, revenues redistributed to ATOM, buyback mechanisms, better economic coordination of the Hub, and a much more integrated user experience.This also implies better strategic alignment around the Hub, larger teams dedicated to ATOM, more coherent communication, an Observatory centered on ATOM data, as well as a true ATOM Super Dapp capable of bringing together the entire Hub economy into a single experience.ATOM must evolve from a simple staking asset into a true reserve asset, primary collateral, and economic center of the Cosmos ecosystem.
The Hub must no longer only provide infrastructure.
It must become the coordination and economic capture layer of Cosmos.
3. EXISTING PRODUCTS
A large part of the Hub’s strategic building blocks already exists. The real problem is therefore no longer solely technological, but economic: these infrastructures remain under-monetized or insufficiently connected to ATOM’s value.
Skip.go
Skip.go is probably one of the best infrastructures in Cosmos today, with advanced routing, interchain execution, and MEV-related capabilities.However, this infrastructure does not yet truly benefit ATOM’s economic value.The Atom Circuit project built by CosmosRescue seems, in my opinion, an excellent demonstration of how this infrastructure could be monetized.For this monetization to truly benefit the Hub, Cosmos Labs should implement protocol fees directly into Skip.go.Thus, regardless of the interface or application using the Skip.go API, a portion of the generated value would automatically return to ATOM.Example: today, when a wallet like Keplr uses Skip.go to execute swaps, the wallet can capture part of the fees, but no value returns directly to ATOM.In the long term, this constitutes a structural value capture problem.
Stargaze
Stargaze brings an important cultural and creative dimension to the Cosmos ecosystem.This building block will probably be essential in the long term, but the revenues generated today remain too low to sustainably support the Hub’s economic valuation.
Hydro
Hydro represents an interesting infrastructure for liquidity coordination.However, its potential could be extended toward a true open market for Cosmos builders.
https://forum.cosmos.network/t/atom-builder-funding-market/16907/8?u=guinch_roze
The idea would be to transform Hydro into an economic infrastructure enabling:
-
capital coordination,
-
builder funding,
-
liquidity bootstrapping,
-
the emergence of new financial primitives around ATOM.
IBC Eureka
IBC Eureka is extremely important strategically.This infrastructure can become the standard for interchain connectivity between Cosmos and major public chains.But for Eureka to become a real economic engine, it needs:
-
more connections,
-
more volume,
-
more applications,
-
more liquidity.
The Hub must accelerate connections with:
-
Solana,
-
major Ethereum L2s,
-
major liquidity infrastructures,
-
and future major public and institutional chains.
Licensed Commercial Modules
Licensed commercial modules can become a source of B2B infrastructure revenue.However, their operation remains unclear to part of the community.An interesting approach would be to allow projects wishing to use certain premium Cosmos SDK modules to pay directly in ATOM (a kind of subscription without depending on a third party, here I am targeting CosmosLabs) via an official interface linked to the Hub.This would enable:
-
creating structural demand for ATOM,
-
simplifying access to premium modules,
-
strengthening the relationship between Cosmos products and the Hub’s economic value.
4. NATIVE LIQUID STAKING INFRASTRUCTURE + LST FACTORY
Today, staking removes a large part of ATOM’s liquidity from the market. Liquid staking, on the contrary, transforms this immobilized liquidity into productive capital while preserving the network’s economic security.
The Hub needs a native and dominant LST, as this layer is gradually becoming systemic. Solutions like Stride’s stATOM already play an extremely important role in the Cosmos ecosystem, but this also represents a point of fragility for the Hub.
ATOM liquid staking is gradually becoming a fundamental layer of the Cosmos economy. It now forms the basis of collateral, leverage, lending, and a large part of the Hub’s future DeFi infrastructures.
The more central an LST becomes in an ecosystem, the more important the issues related to its security, governance, liquidity, slashing risk, and control of its critical parameters become. These elements must therefore be secured at the highest possible level.
For this reason, it is becoming increasingly logical for an LST critical to ATOM to be directly issued, supported, or orchestrated by the Cosmos Hub itself rather than depending entirely on external infrastructure. The Hub must be able to control part of this strategic layer.
In this logic, the proposal carried by the Hydro team regarding the deployment of the Community Pool into the Inflow Vaults should be brought on-chain with a revised (downward) ATOM allocation request, without modifying the initial deliverables, including the development of an LST deeply integrated into the Hub’s economy.
Liquid staking must become a native strategic layer of the Cosmos Hub and not simply a peripheral service of the ecosystem.
In the long term, this logic could also be extended well beyond ATOM itself.
Today, Stride already acts as a major liquid staking infrastructure for several Cosmos assets. Economically, this role would probably make more and more sense directly at the Hub level.
The Cosmos Hub could gradually become the main coordination layer for liquid staking across the entire Cosmos ecosystem, while also enabling the emergence of native LSTs for other major Cosmos assets.The goal would not necessarily be to abruptly replace all existing players, but rather to reconnect a much larger share of Cosmos staking activity, liquidity, and value capture directly to the Hub.In this logic, the Hub could gradually become:
-
the main settlement and liquidity layer for Cosmos LSTs,
-
the coordination layer for interchain staking derivatives,
-
and potentially the economic center of staking across the Cosmos ecosystem.
This would also make particular sense with the broader vision of the Hub as the future economic and financial coordination layer of Cosmos rather than a simple neutral infrastructure chain.
https://forum.cosmos.network/t/deploy-community-pool-atom-into-hydro-s-inflow-vault/16549
It could also be interesting to push this logic even further with a true LST Factory like MK Ultra, an idea initiated by the Moonkitt team.
The goal of MK Ultra is to allow any project to create its own staked ATOM derivative.
For ATOM, this means that every new LSD created mechanically brings more value and demand around staked ATOM, without requiring additional centralized effort from the Hub.
For projects, this would provide an asset with true intrinsic value, backed by staked ATOM, liquid, and capable of sustainably financing their development via a commission on staking rewards, rather than a simple utility or governance token that is often illiquid and without real demand.Thanks to LSM, LSDs could also benefit from particularly powerful properties: a user could redeem their LSD directly for staked ATOM in their wallet, and two LSDs sharing common validators could be exchanged with each other without slippage, making the entire ecosystem naturally more liquid.
The use cases then become very interesting.
Hydro could launch hATOM in order to directly retain part of the commissions currently captured by Stride when users deposit stATOM.
A validator like High Stakes could launch hsATOM and create a true loyalty program directly backed by the ATOM already staked with them.
The ICF or Cosmos Labs could also fund certain projects no longer via classic grants, but via the delegation of a specific LSD. The project would then receive a recurring commission on staking rewards, ATOM would remain secured on the Hub, and the principal would be preserved.
Finally, an LSD could also become a true DAO governance token: holding the LSD would mean both staking ATOM, receiving the project’s benefits, and participating in its governance.
5. A NATIVE DEX
Today, Cosmos liquidity is fragmented across multiple chains and applications. This reduces network effects around ATOM and prevents the Hub from becoming the true settlement center of the ecosystem.
A native DEX would allow greater liquidity concentration around the Hub and make ATOM the main pair of the ecosystem. The goal is not simply to create an additional DEX, but to transform the Hub into a true interchain liquidity layer.
A pragmatic approach would be to elect a dedicated team capable of working directly on this infrastructure at the Hub level. Rather than starting completely from scratch, it would be possible to fork Duality, integrate certain elements from Astroport, build supervaults, and integrate intents as well as Skip’s routing.
The goal would be to quickly have a performant AMM architecture, native Hub liquidity, and a DEX optimized for IBC Eureka assets as well as future interchain primitives.
The initial liquidity bootstrap could be achieved thanks to the Hub’s Community Pool, the reserves held by the Foundation, and the strategic assets already available such as BTC, ETH, ATOM, TIA, and stablecoins.
This would immediately bootstrap credible market depth, create strategic pools, support new interchain assets, and accelerate IBC Eureka adoption.
The Hub could thus gradually become the main liquidity center for Cosmos interchain assets.
For ATOM to directly benefit from this activity, a portion of the fees could be redistributed to stakers, ATOM could become the main asset in the pools, and protocol revenues could feed buyback, burn, and liquidity incentive mechanisms centered on interchain activity.
The idea of ATOM intents proposed by Zaki Manian also deserves to be deepened and potentially integrated into this overall vision.
Alternatively, should we simply make a counter-proposal for an acquisition or deeper integration of Osmosis? Strategically, this could make sense given the liquidity, brand, and revenues already generated by Osmosis.
But the main challenge also remains technological.
Even if Osmosis generates real revenue today, the Hub must avoid being locked in the long term by technical debt or an architecture that could become less competitive against new generations of DeFi infrastructures.
The goal must therefore not only be to recover liquidity or users, but also to build a stack capable of durably maximizing performance, scalability, interchain routing, and user experience.
6. A PERP DEX
Perps represent today one of the most profitable activities in the entire crypto industry.They generate:
-
enormous volume,
-
enormous fees,
-
enormous speculative activity,
-
enormous collateral demand.
The Hub currently captures none of these flows.A Perp DEX would allow the Hub to become a major financial activity center in Cosmos while transforming ATOM into productive collateral.Two approaches seem possible.
Approach 1: Collaboration with dYdX
The first approach would simply be to get closer to dYdX to explore potential synergies around liquidity, collateral, interchain routing, and deeper integration with the Hub via the Cosmos stack.It is important to recall that dYdX chose Cosmos precisely for its sovereignty, flexibility, and architectural freedom. This technological proximity naturally makes certain discussions possible.
Approach 2: Building a Native Architecture Inspired by Winning Models
The second approach would be to start from scratch with an architecture designed specifically for the Cosmos Hub.
Hyperliquid probably represents one of the most powerful models on the market today, not only because of its volume, but especially because of its architecture.The user experience there is extremely fluid because the entire infrastructure is optimized around performance: fast execution, low latency, concentrated liquidity, efficient matching engine, and very deep vertical integration.
This approach allows capturing enormous speculative activity while offering an experience close to a centralized exchange, but directly on-chain.
The Cosmos Hub could draw inspiration from this type of architecture to build a native perp infrastructure capable of becoming the main leveraged trading center of the Cosmos ecosystem.
The generated revenues could then feed staker rewards, buyback mechanisms, burns, as well as the Hub’s treasury.This would profoundly transform the economic nature of ATOM.
7. A LENDING / BORROWING MARKET
Without a performant money market, there is no true complete on-chain finance.
Lending represents a fundamental building block of any mature DeFi economy. It is what enables leverage, yield strategies, liquidity loops, open positions, liquidations, and, above all, permanent demand for assets.
The Cosmos Hub must become the monetary center of Cosmos.
ATOM should naturally become the main collateral of the system, with incentives designed to strengthen its demand, retention, and integration into all future financial primitives of the Hub.
The advantage is that a significant part of this infrastructure already exists in the Cosmos ecosystem.
Projects like Neptune, built on Injective, already demonstrate interesting approaches around modular lending infrastructure and on-chain money markets within the broader Cosmos ecosystem.
Rather than starting entirely from scratch, the Hub could build on some of these existing foundations, collaborate with teams that have already demonstrated strong execution capabilities, or integrate proven architectures while adapting them specifically to the economic and security requirements of the Cosmos Hub.
Rather than starting entirely from scratch, the Hub could build on these foundations, fork certain existing building blocks, or collaborate directly with teams that have already demonstrated their ability to build this type of infrastructure.
This would significantly accelerate development while limiting technical debt and risks related to building a complex monetary system.The goal is not simply to have an additional lending market, but to build a monetary layer deeply integrated with the Hub and ATOM.
8. A NATIVE HUB STABLECOIN
The Cosmos Hub should also consider creating a native stablecoin directly integrated into its economy.
Today, a large part of the stable flows and stable liquidity used in Cosmos comes from external assets like USDC or USDT.
The problem is that a large part of this activity mainly benefits external issuers or other ecosystems, without really strengthening ATOM’s economy.
The idea would not be to recreate a risky algorithmic stablecoin, but rather a Hub stablecoin backed in an extremely simple and transparent way by real reserves in USDC and USDT.
The Hub could gradually become a coordination and settlement layer around interchain stable assets.A native stablecoin would enable:
-
strengthening Hub liquidity,
-
improving the DeFi experience,
-
creating a unit of account directly integrated into the ATOM economy,
-
supporting lending, perps, and liquidity pools,
-
and potentially generating new revenue sources for the Hub.
In the long term, this type of infrastructure could become extremely important.
Stablecoins represent today one of the largest sources of volume, liquidity, and economic activity in the entire crypto industry.
If the Cosmos Hub wants to become a true interchain financial center, then it will probably need to succeed in capturing part of these stable flows directly into its economy.
This approach could also integrate perfectly with Eureka, the Hub’s future specialized sidechains, as well as the various financial primitives built around ATOM.
9. PRIVACY & FINANCIAL CONFIDENTIALITY
Privacy will probably become an increasingly important topic for the future of the Hub.
Technically, we do not yet master all the challenges or the best possible architectures around these issues, but it seems obvious that financial confidentiality will gradually become a necessity for both institutions and retail users.
Today, total on-chain flow transparency poses many limitations:
-
public exposure of portfolios,
-
complete traceability of financial activities,
-
difficulties for certain companies or institutions to publicly use certain infrastructures,
-
absence of minimal economic confidentiality.
Privacy should probably no longer be seen only as a “cypherpunk” narrative, but as a normal and necessary financial layer for mass adoption.
In the long term, stablecoins, payments, institutional activities, certain DeFi strategies, or even the Hub’s future financial infrastructures will probably need different forms of confidentiality or financial data protection.
This could potentially involve certain native Hub features, specialized layers, certain dedicated sidechains, or specific integrations around the future financial primitives built in the Cosmos ecosystem.
The goal would obviously not be to remove the fundamental transparency of public blockchains, but rather to find a better balance between transparency, security, compliance, and economic confidentiality.
In a vision where the Cosmos Hub would become a true interchain financial platform, it seems difficult to sustainably ignore this issue.
10. TOKENOMICS
Having applications is not enough.
The key point is how the value returns to ATOM.
Today, Cosmos often suffers from the same problem: each application has its own token, its own liquidity, and its own economy. The result is massive value fragmentation.
The Hub must instead become an economic concentration layer capable of aligning the different building blocks built around ATOM.
All the new financial infrastructures of the Hub must be designed around a simple principle: revenues generated by the network must directly strengthen ATOM.
This can involve redistributing part of the revenues to stakers, buyback mechanisms, a reduction in net inflation, strengthening the Hub’s treasury, or the development of strategic liquidity around ATOM.
Building this tokenomics will probably be one of the most important topics for the future of the Hub.
We are however fortunate to have actors like Gauntlet today capable of deeply analyzing the network’s economic mechanisms, modeling risks, and intelligently coordinating the various parties involved.
Their role will be essential to build a coherent, sustainable economic architecture capable of aligning all the Hub’s financial primitives around ATOM.
11. PERFORMANCE IMPROVEMENTS AND GAIA DECENTRALIZATION
The Cosmos Hub will need to improve its performance to meet future needs related to:
-
routing,
-
exchanges,
-
intents,
-
on-chain financial activities,
-
interchain settlement.
Reducing latency and increasing throughput will become critical topics.
Cosmos Labs regularly highlights goals such as “10,000+ transactions per second” with sub-second settlement. The Hub will therefore need to reach the highest possible level of performance to remain competitive against new generations of on-chain financial infrastructures.
In my opinion, this will probably involve more aggressive choices on the network architecture and Gaia’s overall performance.
I particularly think that reducing the validator set to around 100 slots could become relevant, while retaining the most geographically decentralized validators and those meeting the requirements of the delegation program currently carried by the ICF.
The goal would not simply be to increase raw performance, but to find a better balance between decentralization, security, network coordination, and execution capacity for the Hub’s future financial primitives.
To offer a truly universal experience from a cryptographic point of view, it could also be interesting in the long term to explore a more “atomic” architecture around the Hub.
The idea would not necessarily be to recreate new sovereign chains competing with the rest of the ecosystem, but rather to build specialized execution layers directly connected to ATOM’s economy.
For example, very high-performance sidechains could emerge around the Hub: an ultra-performant EVM sidechain, a Solana VM sidechain, or other specialized execution environments optimized for certain specific financial applications.
The goal would be above all to connect more directly the economic activity, liquidity, users, and execution environments of Ethereum, Solana, and other major ecosystems to the Cosmos Hub’s economy.
In this logic, these infrastructures would not become independent economic centers, but rather economic extensions of the Hub.ATOM could then remain at the center:
-
as a coordination asset,
-
as collateral,
-
as a governance layer,
-
as a security layer,
-
and as a central point of value capture.
Today, Cosmos remains in part a “validator market,” with many sovereign chains each advancing in their own direction.
But in the long term, it could be interesting to gradually evolve toward an architecture closer to a star model with the Cosmos Hub at the center, capable of coordinating multiple specialized execution environments while reconnecting their economic activity to ATOM.
IBC Eureka could play an extremely important role in this vision by allowing the Hub to connect much more deeply to existing major liquidity centers rather than trying to recreate them entirely.
In parallel, the Hub will need to continue strengthening its economic and political decentralization. For this, I would like to put 2 ideas back on the table:
https://forum.cosmos.network/t/last-call-chips-signaling-phase-validator-vote-power-cap/16204/19
https://forum.cosmos.network/t/signaling-proposal-draft-improve-the-nakamoto-coefficient/16344/13
12. STRATEGIC ALIGNMENT, BRANDING & COMMUNICATION
The Hub needs a much clearer, more coherent communication strategy recentered around its main objective: the Cosmos Hub and ATOM.
Today, a large part of official Cosmos communication puts enormous emphasis on chains, applications, or infrastructures competing with the Hub. This gradually creates a feeling of confusion and sometimes even discord within the ATOM community.
The official Cosmos account on X often participates in offering free visibility and marketing to ecosystems that then capture their own economic value without really reconnecting it to ATOM.
The goal is obviously not to attack other Cosmos chains, but to remind that an official account linked to Cosmos should above all strengthen the understanding, visibility, and economic attractiveness of the Hub and ATOM.
Aligning Cosmos and ATOM more directly in the global ecosystem identity seems essential.
Completely decoupling the Cosmos vision from that of the Hub risks accentuating fragmentation.
It would also be interesting to consider a progressive rebranding of the Interchain Foundation toward an identity more directly aligned with Cosmos and the Hub, for example via a name like “Cosmos Foundation.”
Branding obviously does not solve the ecosystem’s structural problems on its own, but it remains an important signal.
Better aligning the Foundation visually, strategically, and symbolically with Cosmos and ATOM would strengthen the impression of coherence, alignment, and common direction around the Hub.
In this logic, it could also be relevant to consider a more global evolution of Cosmos and Cosmos Hub branding to better align:
-
the logos,
-
the visual identities,
-
the official accounts,
-
the websites,
-
as well as ATOM’s global visibility on brokers, explorers, and crypto platforms.
Today, the notions of Cosmos, Cosmos Hub, ATOM, and Interchain can sometimes seem decoupled for new external users or investors.
Creating a more coherent, more modern, and more easily identifiable visual identity would probably strengthen the overall readability of the ecosystem and the immediate recognition of ATOM on different crypto platforms.
Branding is obviously not sufficient on its own, but in an extremely competitive industry, visual clarity, memorability, and brand alignment remain important strategic elements.It would also be interesting:
-
to merge certain Cosmos Interchain and Cosmos Hub communications, notably on social networks,
-
to strengthen public statements by the Cosmos Foundation (ICF),
-
to publish much more professional, detailed, and transparent monthly reports (the current ICF snapshots still too often give an unstructured and unfinished impression),
-
to improve overall transparency around strategic decisions made by the ICF and its various related entities.
A clear and interactive roadmap would also allow the community to better participate in strategic discussions.I am really enthusiastic about this approach:
It is also important to recognize that Cosmos Labs already seems to be making enormous progress on the broader Cosmos stack: new modules, innovative IBC capabilities, interoperability improvements, evolutions around token fungibility (it seems to me) between chains, and many other highly advanced technical building blocks.
The problem is that a large part of these advances remains extremely difficult to understand for the average person. The articles, research, and publications produced around these topics are often very technical and truly accessible only to a small handful of people in the ecosystem.
It would therefore probably be very beneficial to better accompany these technical evolutions with more synthetic, educational, and accessible versions that concretely explain:
-
the problems solved,
-
the benefits obtained,
-
the new possibilities offered,
-
and the strategic stakes gained through these evolutions.
These innovations are potentially extremely powerful for the future of the Hub, but they remain today too difficult to understand for a large part of the community, investors, and sometimes even Cosmos builders themselves.
13. STRENGTHENING TEAMS DEDICATED TO THE HUB
If the Cosmos Hub truly wants to become a major economic platform, then it will probably need to significantly strengthen its execution capacity.
Building and maintaining a native LST, a DEX, a Perp DEX, a monetary infrastructure, analytics, Eureka integrations, better UX, or advanced financial primitives will require more resources, more coordination, and probably larger teams directly dedicated to the Hub.
The problem is probably not a lack of talent in the Cosmos ecosystem.
On the contrary, Cosmos already has many extremely competent teams and engineers.
The real challenge seems rather to be the concentration of this talent around the Hub and ATOM.
In my opinion, it is becoming necessary to gradually strengthen the product, design, engineering, and coordination teams working directly on the Cosmos Hub.
This particularly concerns Cosmos Labs, the ICF, as well as the various strategic entities gravitating around the Hub.The Hub must gain velocity, coordination, and delivery capacity to remain competitive against ecosystems that are advancing extremely fast today.
A true “Cosmos Hub Product” team capable of orchestrating, prioritizing, and accelerating developments directly aligned with ATOM would probably make a lot of sense in the long term.
14. ATOM TASK FORCE PLATFORM
A dedicated platform could allow more effective coordination of developers, validators, researchers, product teams, and independent contributors around the Hub’s economic interests.
The goal would be to create a light but truly operational coordination layer capable of facilitating recruitment, technical coordination, project funding, feedback collection, and strategic alignment of the ecosystem.
I personally took the initiative to create a dedicated Telegram channel, but this approach quickly shows its limits in terms of scaling, collaboration, and organization. A platform directly integrated into the official Cosmos website would, in my opinion, make much more sense in the long term.
https://forum.cosmos.network/t/invitation-to-the-atom-aligned-builders-telegram/16917
15. ATOM OBSERVATORY
The Hub should also have a true explorer integrated directly into the official Cosmos website and entirely centered around ATOM.
Today, important ecosystem information is scattered across many platforms such as Mintscan, SmartStake, MapOfZones, DefiLlama, various analytics dashboards, Cosmos documentation, or several community tools.
The idea would be to gradually bring together all strategic data related to ATOM and the Cosmos Hub in one place to offer a much clearer, more coherent, and accessible experience.
From an investor point of view, this would enormously simplify fundamental analysis around ATOM. Currently, important data is fragmented across multiple sites, which makes the ecosystem more difficult to understand for new investors, funds, or institutional actors.
The official Cosmos website should become the true reference entry point for everything concerning ATOM, its economy, and the Cosmos Hub.
A user should be able to easily find there the Hub’s network data, ATOM analytics, DeFi, validators, IBC data, economic metrics, revenues, governance, builders, applications, documentation, as well as all the important tools of the ecosystem.
Centralizing this information would make investment in ATOM much more readable, transparent, and accessible.
https://forum.cosmos.network/t/atom-observatory/16879?u=guinch_roze
16. AN ATOM SUPER DAPP
The Cosmos Hub should also consider creating a true all-in-one ATOM application directly centered around the Hub.
Today, a large part of the Cosmos experience remains fragmented between wallets, explorers, DEXs, DeFi applications, analytics dashboards, and multiple interfaces that are sometimes complex for the average user.
The idea would therefore be to gradually bring together all this experience into a much simpler, more coherent, and accessible interface.
A user should ideally be able to find directly from an official application linked to ATOM:
-
staking,
-
liquid staking,
-
swaps,
-
perps,
-
lending,
-
governance,
-
analytics,
-
portfolio data,
-
generated revenues,
-
IBC activities,
-
validators,
-
and more generally the entire Hub economy,
-
documentation.
Beyond the user experience, this approach would also be very important from a strategic point of view.
Today, a large part of crypto’s economic value is captured by the user interfaces themselves.
If the Hub truly wants to become a major economic platform, then it probably becomes necessary to also control part of the final product experience around ATOM.
Such an application could also greatly simplify the onboarding of new users and investors, while strongly reinforcing the economic identity of the Cosmos Hub around a unified experience.
To offer a truly complete experience, this Super Dapp should also gradually integrate fiat on-ramp and off-ramp features directly linked to bank accounts.
The goal would be to allow a user to buy, sell, transfer, or use assets linked to ATOM without having to systematically go through a multitude of centralized exchanges and external interfaces.
In the long term, the experience should get closer to a true modern fintech: banking integration, simplified payments, fiat <>stablecoins<>ATOM conversion, direct withdrawals, fluid mobile experience, and simplified access to the entire Hub economy.
I would also like to strongly emphasize one point that seems fundamental to me for the future of the Cosmos Hub: the mobile experience.
In my opinion, a large part of crypto’s future will play out primarily on smartphones and no longer on computers.
The Hub must therefore absolutely become much more mobile-first in the way it thinks about its products, onboarding, UX, and applications.
Today still, a large part of the Cosmos experience remains complex, fragmented, or poorly optimized on mobile, while the majority of future users will probably mainly use their phone to interact with crypto.
The goal should be to offer an extremely fluid, fast, and simple mobile experience capable of competing with the best fintech and crypto applications on the market.
If the Hub truly wants to reach much broader adoption, then massive improvement of the mobile user experience will probably need to become a major strategic priority.
Projects like Cycles or Hydro already seem to be going in a particularly interesting direction on some of these topics.
The idea would not be to replace the entire existing ecosystem, but rather to gradually reconnect these experiences to the Hub in a coherent interface centered around ATOM.
Today, a large part of crypto’s economic value is captured by exchanges, wallets, and user entry points.
If the Cosmos Hub truly wants to become a major economic platform, then it will probably need to control a much larger part of the final user experience as well as the incoming and outgoing economic flows around ATOM.
17. CONCLUSION
The Cosmos Hub probably possesses today some of the best technological infrastructures in the entire crypto industry.
IBC, Eureka, Skip, intents, interoperability, modularity, and future interchain primitives give the Hub an extremely important potential.But infrastructure alone is no longer enough.
The real challenge of the coming years will now be the Hub’s ability to reconnect all this innovation to a coherent economy around ATOM.
The Hub must gradually evolve from a simple technical layer into a true economic platform capable of capturing:
-
liquidity,
-
stable flows,
-
revenues,
-
collateral,
-
users,
-
and interchain financial activities.
This will probably involve new financial primitives, a better user experience, stronger coordination around the Hub, accelerated product capabilities, as well as clearer alignment between Cosmos, the ICF, Cosmos Labs, and ATOM’s economy.
The goal is not to recentralize Cosmos or to remove the sovereignty of chains.
The goal is rather to make emerge a true common economic layer capable of reconnecting more value to the Hub.
Cosmos already has the rails.
The time has now come to build the economic engines capable of transforming this infrastructure into a true interchain financial power.
And if this vision succeeds, then ATOM could gradually become much more than a simple staking asset: a true coordination, collateral, and settlement asset at the center of the Cosmos economy.
Guinch
