The Cosmos token, also known as ATOM, is used to power the Cosmos Network, a decentralized network of independent blockchains. ATOM can be used to pay transaction fees on the Cosmos Network, as well as to stake and participate in the governance of the network. Staking ATOM allows users to contribute to network security and receive rewards for doing so. Additionally, the Cosmos token can be traded on cryptocurrency exchange platforms and used for investment purposes. Overall, the Cosmos token plays a vital role in the overall functioning of the Cosmos Network and its ecosystem.
