The three new trading pairs that will be listed on the exchange are ATOM/USDC, ATOM/PAX and ATOM/TUSD.
Cosmos is an ecosystem of independent parallel blockchains powered by Byzantine fault tolerance consensus algorithms and enabled to scale and interoperate with each other to visualize the concept of the “Internet of Blockchains”.
Cosmos aims to help developers create blockchains that can maintain sovereignty, process transactions quickly, and communicate with other blockchains in the network to cater to different purposes.
Interconnecting the blockchains is achieved through the use of open source tools such as Tendermint, Cosmos SDK, and the Inter-Blockchain Communication protocol.
ATOM is the primary token of the Cosmos Hub, the first of many interconnected blockchains that will be part of the Cosmos ecosystem.
ATOM holders can delegate their tokens to validators on Cosmos Hub to earn more ATOM through Proof-of-Stake.
The token can also be used to vote for on-chain governance proposals for the Cosmos Hub blockchain.