November 23, 2024

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Cosmos Hub greenlights ATOM inflation cut for security boost

1 min read
Cosmos Hub greenlights ATOM inflation cut for security boost

The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (

The most significant opposition vote was cast by AllNodes, a validator, which outlined its opposition in a post on X. AllNodes argued that the change could negatively impact small validators, labeling the proposal as “an abrupt, short-sighted, and ill-researched idea that might wreak havoc on retail and businesses engaged in building, trading, and validating Atom.”

Cosmos Hub recently upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM funds. Before the upgrade, ATOM holders had a locking period of 21 days to move their funds after unstaking the token. With the new module, staked ATOM can be used in the Cosmos decentralized finance ecosystem without compromising yields from staking.

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