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ATOM is the native asset of Cosmos, a decentralized Proof-of-Stake Blockchain network with the goal of creating an "Internet of Blockchains" by connecting many independent distributed ledgers. Cosmos Network functions as a set of independent Blockchains referred to as zones. Token holders can stake ATOM to earn rewards for powering the Cosmos ecosystem. ATOM is also used for on-chain governance. ATOM is used to pay gas fees for transactions on Cosmos Hub, similar to Ethereum.