Cosmos

Coin

<ul class="news-points">
 <li><strong>The Cosmos community has passed the proposal to reduce ATOM’s inflation rate to 10%.</strong></li>
 <li><strong>The proposal boasts 41.1% of supporting votes and 31.9% of opposing votes.</strong></li>
 <li><strong>By reducing ATOM’s inflation rate from 14% to 10%, the community</strong><strong> envisions reducing the annual interest rate for stakers.</strong></li>
</ul>
<p>According to recent reports, the Cosmos community has agreed with the proposal to reduce ATOM’s inflation rate to 10%, with a <a href="https://www.mintscan.io/cosmos/proposals/848" target="_blank" rel="noopener noreferrer nofollow">majority</a> 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%.</p>
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 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/kFpZRu7SS5EzuWRtDa6kGRzAoIo_WQfDZvfTvoYjv15u6i3xUm7zfYTNhWDwfsXXf4cXiYzuiUHG1hmmB4lIq0qfq8jp0OzKQH37MowJj1Ybia-Lyg_aqi2jmuepk5Ga7w3cgJ0qTfQ-dp1PMS1RtzA" alt="">
  <figcaption class="wp-element-caption"><em>Source:<a href="https://www.mintscan.io/cosmos/proposals/848" target="_blank" rel="noopener noreferrer nofollow"> mintscan</a></em>
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<p>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.</p>
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">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…</p>
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<p>The post <a href="https://coinedition.com/cosmos-atom-inflation-rate-reduction-proposal-receives-green-signal/" rel="noopener noreferrer nofollow">Cosmos’ ATOM Inflation Rate Reduction Proposal Receives Green Signal</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Cosmos’ ATOM Inflation Rate Reduction Proposal Receives Green Signal

Coin Edition

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