Governance

ATMOS tokens are essential for participating in the governance of the Atmos Protocol. Token holders have the power to vote and decide on the outcome of proposals through Atmos Improvement Proposals (AIPs). This system ensures that the community has a direct say in the evolution and management of the protocol.

Transition to DAO

Atmos Protocol is committed to full decentralization. As such, it plans to transition to a Decentralized Autonomous Organization (DAO) model once the necessary governance frameworks are in place. This transition will mark a significant milestone in the protocol's journey towards complete community governance.

The DAO model will further empower ATMOS holders, allowing for:

• More direct control over protocol upgrades

• Community-driven fund allocation from the protocol treasury

• Decentralized decision-making on partnerships and integrations

• Collaborative development of new features and products within the Atmos ecosystem

By holding and actively using ATMOS tokens in governance, users become key stakeholders in the Atmos Protocol, directly influencing its development and future success. This alignment of interests between the protocol and its users is fundamental to the long-term sustainability and growth of the Atmos ecosystem.

Governance Functions

As the governance token of the Atmos Protocol, ATMOS empowers token holders to vote on critical decisions and implement protocol-wide changes. This includes, but is not limited to:

• Modifying protocol parameters such as launch fees, DEX trading fees, and other operational metrics.

• Approving smart contract upgrades to ensure the continuous evolution and security of the protocol.

• Directing treasury deployments, including partnerships with other protocols, contributor compensation, security audits, and more.

• Expanding the Atmos product suite and exploring cross-chain deployments.

Incentive Alignment

The Atmos Protocol itself is a set of deployed smart contracts that do not inherently offer resources for utilization. To foster user adoption and attract liquidity providers, participants need to be incentivized to engage with the protocol and provide liquidity for various operations, including token launches and DEX trading.

As compensation for their opportunity costs, these key contributors to the Atmos ecosystem are rewarded with ATMOS tokens. The distribution is based on each user's relative contribution, adjusted by various parameters to ensure fairness. This distribution method ensures that the governance token is primarily allocated to key network contributors, allowing them to have a voice in protocol governance.

Our tokenomics are meticulously designed to prioritize the Atmos community and align the incentives of all stakeholders. This design ensures that ATMOS token holders can access a wide range of utilities within the ecosystem while contributing to its growth and governance.