$OSMO is #1 on the gainers list, up approximately 28% in 24h
The main reason is a community proposal to stop OSMO inflation issuance, with staking rewards shifting to rely entirely on actual protocol revenue, while developer vesting releases are paused. The vote is targeted for around October 20.
The deflationary narrative is driving the move. Short-term gains are already substantial, so watch out for volatility.
The main reason is a community proposal to stop OSMO inflation issuance, with staking rewards shifting to rely entirely on actual protocol revenue, while developer vesting releases are paused. The vote is targeted for around October 20.
The deflationary narrative is driving the move. Short-term gains are already substantial, so watch out for volatility.