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Author Topic: [ANN][COS] COSMOS, internet of blockchains  (Read 59751 times)
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November 29, 2023, 03:24:23 PM
 #541

https://www.mintscan.io/cosmos/proposals/848
https://www.theblock.co/post/264683/cosmos-community-approves-capping-atom-inflation-rate-at-10?
"Cosmos community approves capping Atom inflation rate at 10%
 
The Cosmos Hub community voted to set the maximum annual inflation rate of Atom at 10%.

The governance body of Cosmos Hub  ATOM approved a proposal to reduce the maximum inflation rate of its native token Atom from about 14% to 10%.

The approved change would bring Atom's annualized staking yield from approximately 19% to about 13.4%, according to the proposal.

Cosmos Hub is the central blockchain of the Cosmos network, an ecosystem of interconnected blockchains. The native token of Hub is Atom, which is used for staking, governance and transaction fees.

The proposal narrowly passed with 41.1% of votes in favor versus 38.5% votes against, in the highest-ever turnout vote in the Cosmos ecosystem. It was projected to fail mere hours before the deadline, but a late surge of votes and some reversals from validators swung the outcome narrowly in favor."


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January 10, 2024, 02:59:49 PM
 #542

Cosmos community votes to set ATOM’s minimum inflation at 0%
https://cryptonews.net/news/altcoins/28367385/
"The Cosmos Hub ecosystem community has begun voting on a proposal to set the minimum inflation rate for the ATOM token at 0%.

Voting has begun in the Cosmos Hub community to set the minimum inflation rate for the ATOM token at 0%. Almost 95% of community members are currently voting for the proposal, which began on Jan. 9 and will end on Jan. 23. Only 4.4% were against inflation of the project’s native token, and 0.1% of community members used the right of veto."

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