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Osmosis Puts Forward Proposals to Burn About 17.4 Million OSMO
The proposals would remove unused liquidity from the community pool. The amount equals about 65% of OSMO burned to date.
Osmosis has put forward two proposals to remove unused liquidity from its community pool and burn the recovered tokens, together totaling about 17.4 million OSMO.
Together, the proposals concern about 17.4 million OSMO, equal to about 65% of all OSMO burned to date. Osmosis is a decentralized trading protocol in the Cosmos ecosystem.
Osmosis published a discussion link for community members to read and discuss the proposals.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.