According to Foresight News, the DEX Osmosis from the Cosmos ecosystem announced on its Twitter that it has updated the Cosmos Hub proposal based on feedback from validators and the community. The biggest change is that ATOM will no longer be issued additionally; the required amount of ATOM will be gradually purchased on the open market using the revenues from the Osmosis DEX protocol and used for OSMO/ATOM swaps. The total purchase volume remains limited to less than 2.5% of the total ATOM supply. Currently, the proposal is in the governance discussion stage on Cosmos Hub.



Previously, Foresight News reported that Osmosis announced a major proposal to the Cosmos ecosystem, which would see Osmosis directly integrated into Cosmos Hub. If the proposal is approved by governance of both chains, Osmosis DEX will natively migrate to the Hub, allowing liquidity, governance, and security to be consolidated on a single chain.
OSMO4.36%
ATOM3.42%
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