NUGGETS OF ALPHA
Compared to higher traffic L1s and L2s, L0s are hard to justify investing in relative to their competitors
DOT wins by almost 9x in decentralization over ATOM
ATOM wins on the technology front by a significant margin as it is 10x faster
ATOM wins by over 3x in daily transactions performed by the chain
ATOM wins by almost ~2x in daily active addresses
ATOM is 2 to 3 times more active by daily active user development on average
ATOM wins by over 2x in daily transactions / daily active user
ATOM is 2.5x cheaper than DOT on average per transaction
ATOM receives higher daily transaction fees despite charging less than half per transaction
The transaction fees are unsustainable, and both chains need more going forward
DOT has 22% more weekly active developers than ATOM
DOT has double the developer contributions compared to ATOM
ATOM wins both by market cap and fully diluted market cap
ATOM wins by market cap and fully diluted market cap per daily transaction fees
DOT is almost 85x larger than ATOM in DEX volume
The ATOM ecosystem has a 12.7x larger stablecoin market cap than DOT
ATOM’s price has done 3x better over the last 900 days
ATOM wins both by market cap and fully diluted market cap
The winner of these two L0s goes to Cosmos (ATOM)
Our Face Off Series is produced on Wednesdays, and we take votes from the IA Patreon community to decide who will compete. Today's lesson is the toughest Face Off we have done to date, as it is a showdown between two top-tier layer zeros. Brace yourself for an epic clash as they battle it out!
This is the Face Off between two major Layer 0s - Polkadot (DOT) and Cosmos (ATOM). In full disclosure, I do not own a position in either of these two tokens.
This slide captures a quick lay of the land for this lesson. Our focus today will be on the Layer 0 chains.
ATOM and DOT are Layer 0s / Modular but differ in their approach.
Cosmos, as it stands today, is closer to a Layer 1 but plans to adopt more of a Layer 0 architecture. Cosmos is designed to
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