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Jan 23

Cosmos rejects initiative to eliminate inflation

The Cosmos Hub ecosystem community has rejected proposal 868, which sought to reduce the minimum inflation of the native ATOM token from 7% to 0%. The voting results showed that 48.6% voted against the initiative, 25.1% voted for it, and 25.9% abstained from voting. Proposal 868 was aimed at addressing inflationary pressures on ATOM by reducing the minimum inflation rate, potentially increasing ATOM's annual staking yield. However, concerns were raised within the community about potentia...

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Cosmos rejects initiative to eliminate inflation

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