Cosmos Hub greenlights ATOM inflation minimize for safety increase

The governing physique of Cosmos Hub has endorsed a proposal to lower the utmost inflation charge of its native token, Cosmos (ATOM), from 14% to 10%.

In accordance to the proposal, the approved modification would cut back ATOM’s annualized staking yield from round 19% to roughly 13.4%. The Cosmos Hub is the first blockchain throughout the Cosmos community, a system of interlinked blockchains. The ATOM token is employed for staking, governance and transaction charges.

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