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05:22

Osmosis Update: Cosmos Hub Proposal—Cancel New ATOM Minting and Switch to Market Buybacks

Osmosis DEX updated a Cosmos Hub proposal, deciding not to mint additional ATOM anymore, but instead to gradually acquire the required ATOM through market purchases for OSMO/ATOM conversions. The capped amount is less than 2.5% of the total ATOM supply. It has now entered the governance discussion stage; if the proposal is approved, it will achieve liquidity and governance integration.
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OSMO-0,64%
ATOM0,59%