Huginn Tech ⚛️

The Interchain Foundation is announcing an updated version of its ATOM delegation program. The redesign follows months of internal review to improve incentive alignment, support high-performing validators, and empower partners growing the Cosmos Hub and ecosystem. This blog explains the rationale, outlines the new program, and introduces the initial validator cohort.

Native delegation (native staking) is part of the Monad protocol. This is different from Ethereum, where you have to use an LST to stake unless you want to run a validator yourself. Epochs are every 50,000 blocks (~5.5 hours). Your delegation or undelegation actions take effect at the next epoch, unless you put in the action within 5000 blocks of the next epoch, in which case they take effect at the next-next epoch. This is pretty fast. We wanted to avoid the pain of multi-day (21-day for Cosmos!) unbonding periods evidenced in other ecosystems. In the first 5 days, there have been 13,679 delegations. Thank you to those delegators for helping to secure the network! A few frontends for staking are included in the next few tweets.