- The Cosmos community has passed the proposal to reduce ATOM’s inflation rate to 10%.
- The proposal boasts 41.1% of supporting votes and 31.9% of opposing votes.
- By reducing ATOM’s inflation rate from 14% to 10%, the community envisions reducing the annual interest rate for stakers.
According to recent reports, the Cosmos community has agreed with the proposal to reduce ATOM’s inflation rate to 10%, with a majority of 41.1% supporting the scheme. The proposal intends to limit the inflation rate of ATOM from 14% to 10%, which in turn brings the Staking APR from 19% to 13.4%.
Source: mintscan
Chinese crypto reporter Colin Wu, shedding light on the Cosmos community’s positive response to the proposal entitled “ATOM Production Reduction: Proposal to Set the Maximum Inflation Rate to 10%”, shared a post on Wu Blockchain X page. While the community’s support is evidenced by 41.1% votes, the opposition rate lies just behind, with 31.9% votes.
The Cosmos Hub community has voted to pass the "ATOM Production Reduction: Proposal to Set the Maximum Inflation Rate to 10%" with a support rate of 41.1% and an opposition rate of 31.9%. The ATOM maximum inflat…The post Cosmos’ ATOM Inflation Rate Reduction Proposal Receives Green Signal appeared first on Coin Edition.