As the Cosmos Hub continues to evolve, Atom Accelerator DAO (AADAO) is committed to backing initiatives that drive efficiency and increase chain activity, ensuring the ecosystem remains robust and adaptable.
In response to the Hub’s latest transition to Partial Set Security (PSS), AADAO has awarded a grant to PYOR to develop a user-friendly web front end. While existing tools provide technical support for PSS, this initiative aims to ease the experience for all user types, making navigating PSS even more accessible and intuitive.
Addressing the PSS Challenge
The Cosmos Hub’s transition to PSS introduces flexible security options for Consumer Chains but presents complexities that can be challenging to grasp. This affects everyone in the ecosystem, from ATOM stakers to potential Consumer Chains. To maximize the benefits of PSS, the community requires tools that simplify these complexities.
To help demystify these complexities, Pro Delegators, another AADAO grantee, developed an extensive financial model that visualizes the intricate mathematics underlying PSS. While this model is a powerful tool, it remains extremely technical.
AADAO’s Grant to PYOR
PYOR, a leading provider of crypto data solutions and research, has been awarded a $10,000 grant by AADAO to develop a web front end for Pro Delegators’ PSS Economic Model. PYOR has a strong track record of supporting top institutional investors and major protocols with data dashboards, protocol research, and educational content.
Recognizing the need for a more interactive platform to facilitate the adoption of PSS, AADAO has awarded PYOR with a $10,000 grant to develop a web front end for Pro Delegators’ PSS Economic Model. The goal of this grant is to create a dynamic, user-friendly interface that simplifies interactions with the model, making it easier for ATOM stakers and Consumer Chains to navigate this new economic framework.
Facilitating PSS Adoption on the Hub
PYOR’s front end will enhance the usability of the PSS model, empowering users to make informed decisions about validator selection, cost vs. reward analysis, and security assessments. This initiative is crucial for the Cosmos ecosystem’s transition to PSS, fostering greater engagement and understanding within the community.
For users, the front end will offer:
- Smart Validator Selection: Choose validators based on the best PSS rewards for your needs.
- Cost vs. Reward Analysis: Assess the financial feasibility of running a Consumer Chain on Cosmos Hub.
For consumer chains, the front end will include tools to:
- Determine security cost based on chosen parameters.
- Decide between a full or partial set launch strategy.
- Select the ideal validator count for the desired security level.
- Create white/blacklists of validators based on performance metrics and other criteria.
The financial model is divided into four sections:
- Security Budget: This section determines the total amount needed to secure a consumer chain.
- Validator Set: This section determines how many validators are needed for security.
- Distribution of Revenue: This section outlines how revenue from consumer chains is distributed among validators and delegators.
- Dynamic Evolution: This section considers how the model adapts as conditions change.
Looking Forward
Coordinated by AADAO and funded as part of their ongoing initiatives, PYOR’s web front end will streamline the Cosmos Hub’s transition to PSS, providing the community with the tools they need to thrive in this new environment. This initiative, developed in collaboration with Phil, who designed the PSS model, marks another step forward for the Cosmos Hub, enhancing both security and usability.
To follow updates on this grant, check out PYOR on Twitter.
This blog was written in collaboration with Aakash Athawasya from PYOR. Get in touch to learn about their data offerings.
About the Atom Accelerator DAO
Atom Accelerator DAO (AADAO) is a governance-mandated DAO of the Cosmos Hub. We have been formed and mandated to drive value for the Cosmos Hub & ATOM, supporting initiatives that either directly create economic impact or produce value that can drive its growth. From this, our current primary mandates are public grants & venture grants.
Atom Accelerator’s venture arm, strategically invests in promising early stage web3 founders & startups both within and outside of the Cosmos Hub’s ecosystem. Offering expertise, guidance, and support as experts within the Cosmos ecosystem while driving value towards Atom.
In 2023, we deployed $3.8 million in grants to 39 recipients – resulting in, among other things – a $22m USD airdrop to the Community Pool, an AEZ Accelerator program to expand the AEZ, a successful hackathon with 42 project submissions bringing innovations to the AEZ – and many other key initiatives. Read about them in our 2023 Impact Report.
