$OSMO back on the board 👀
The Cosmos DEX is up about 9% today — and this one has a real story behind it.
Osmosis governance is voting on October 20 (2 days from now) on ending OSMO's inflationary issuance for good.
If it passes, the daily mint emissions stop. Staking rewards would come entirely from protocol revenue instead. And around 2% of the supply already gets burned every year.
That's a big deal for a token that's been inflating since launch.
Also worth knowing: the team just announced a compensation plan for the bOSMO contract bug — about 40,500 OSMO going to 1,037 affected holders after unbonding finishes on Oct 24.
So near term it's all about the vote. Buy-the-rumor energy is real.
Not financial advice.
The Cosmos DEX is up about 9% today — and this one has a real story behind it.
Osmosis governance is voting on October 20 (2 days from now) on ending OSMO's inflationary issuance for good.
If it passes, the daily mint emissions stop. Staking rewards would come entirely from protocol revenue instead. And around 2% of the supply already gets burned every year.
That's a big deal for a token that's been inflating since launch.
Also worth knowing: the team just announced a compensation plan for the bOSMO contract bug — about 40,500 OSMO going to 1,037 affected holders after unbonding finishes on Oct 24.
So near term it's all about the vote. Buy-the-rumor energy is real.
Not financial advice.