📢 Update from Cosmos Hub!
According to Foresight News, the Cosmos community has spoken, and they've voted against a proposal to bring the minimum inflation rate down to 0%. 🗳️
This proposal aimed to shake things up in the network's economic policy, suggesting a drop from 7% to 0% if more than two-thirds of the ATOM supply gets staked.
The Cosmos Hub is known for its decentralized governance, allowing the community to have a say in important decisions.
In this case, the community had to decide whether they wanted this significant change in the inflation rate, and the verdict is in.
The proposal didn't get the green light, with 48.6% of the votes opposing it.
So, the minimum inflation rate will stay where it is for now.
This decision showcases the power of decentralized decision-making and the diversity of opinions within the Cosmos community.
What are your thoughts on this decision? It's a reminder of the dynamic nature of blockchain governance and the active role played by community members.
Stay tuned for more updates as the Cosmos Hub continues to shape its economic policies! 🚀🌌
