According to Foresight News, Cosmos ecosystem DEX Osmosis and lending protocol UX Chain (formerly Umee) are proposing a merger. The merger proposal includes combining UX Chain's lending logic with Osmosis's decentralized exchange, aiming to form a comprehensive DeFi center. If approved, the process will start with integrating UX Chain's codebase into Osmosis Chain, combining its functionality and total value locked. Separate governance votes from each network community will guide the merger process, including the possibility of unifying tokens.