Answer: Dydx is indeed building an appchain on the Cosmos Network. This appchain is designed to allow for faster and more secure transactions, as well as better scalability and interoperability. The appchain will be powered by the ATOM token, which will be used to pay for fees, rewards, and other costs associated with the network. The ATOM token will also benefit from the appchain in the long run, as the v2 whitepaper outlines a plan to enable ATOM holders to stake their tokens and earn rewards from the network. This means that even though ATOM may not benefit from the appchain in the short term, it will certainly benefit in the long run.
