A Cosmos (ATOM) developer has announced a proposal that would halve the maximum inflation of the project’s local asset.
Zaki Manian, co-founder of decentralized asset management protocol Sommelier, proposed changing the maximum inflation parameter in Cosmos from 20% to 10%. This will reduce the inflation rate to 10%.
“I believe that all empirical evidence shows that Cosmos significantly overpays stakers for its services. Months of high inflation in the bear market left the staking rate almost unchanged.
Reducing the staking rate [Cosmos Sıvı Staking Modülünün (LSM)] It will support adoption and attract more users like Mars, Inter Protocol, Levana etc. for higher returns. will direct you to the options.
This is just a parameter change suggestion. “This will impact the growth rate of the community pool and a separate proposal to increase community pool uptake should be considered.”
Koinfinans.com As we reported, Cosmos is an interoperable blockchain ecosystem. The project’s native token, ATOM, is trading at $7.14 at the time of writing. Ranked 29th by market value crypto- Its presence has increased by approximately 6% in the last 24 hours.
Manian helped establish the Cosmos ecosystem and launch the first public Cosmos testnet. His project, called Sommelier, aims to maximize interoperability with other blockchains, according to its website.