In a groundbreaking move that sent shockwaves through the Cosmos (ATOM) community, the decision to halve the maximum inflation rate from 20% to 10% has been approved with an overwhelming majority. This significant development comes on the heels of the highest turnout in Cosmos Hub history, with an unprecedented 72.7% participation rate.
ATOM Halving marks a momentous event in the history of Cosmos. The initiative revolves around a substantial reduction in the maximum inflation rate of ATOM, the native cryptocurrency of the Cosmos network. This reduction, from 20% to 10%, is poised to have far-reaching implications for the entire Cosmos ecosystem.
For ATOM holders, this move signifies a potential boost to the value of their holdings. With a lower inflation rate, the supply of new ATOM entering the market will be reduced, creating a positive environment for existing holders.
The ATOM Halving proposal exemplifies the effective governance structure embedded within the Cosmos network. The community’s ability to come together and make significant decisions through a democratic voting process showcases the decentralized nature of Cosmos.
🚀🚀🚀LIFT OFF🚀🚀🚀
🚀🚀🚀🚀🚀🚀🚀🚀🚀