The Cosmos Hub community has passed the proposal "ATOM Burn: Set the Maximum Inflation Rate to 10%"

2023-11-26 10:17:47

ChainCatcher news, the Cosmos Hub community has voted to pass the proposal "ATOM Reduction: Set Maximum Inflation Rate to 10%" with a support rate of 41.1% and an opposition rate of 31.9%. The maximum inflation parameter for ATOM will be reduced from 20% to 10%, lowering the current inflation rate of ATOM to 10% and decreasing the Stake annual interest rate from 19% to 13.4%.