Osmosis Community discussion to stop OSMO issuance and suspend developers’ vesting releases, target October 20 on-chain vote.
Article
Osmosis Proposal to terminate OSMO inflationary issuance, target October 20 on-chain vote
BlockBeats reports that,October 14，Osmosis an official announcement states that the community forum has launched discussion of a proposal to “terminate OSMO inflationary issuance”: the mint module will no longer issue new OSMO daily, and all staking rewards will come from protocol revenue; at the current burn rate, approximately 2%of the supply will be burned annually with no new issuance to offset it. The target on-chain date is October 20.
The forum proposal also states that the developers’ daily vesting releases will be suspended as well, with approximately 51900000 units of OSMO remaining in the vesting module account; any future release would require a separate governance decision.
Original link https://m.theblockbeats.info/flash/371843
Key points
01
The community forum has launched discussion of a proposal to terminate OSMO inflationary issuance.
02
The proposal states that the mint module will no longer issue new OSMO daily, and that all staking rewards will come from protocol revenue.
03
According to the burn rate described in the text, approximately 2%of the supply will be burned annually with no new issuance to offset it.
04
The proposal’s target on-chain date is October 20。
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The forum proposal states that the developers’ daily vesting releases will also be suspended, with approximately 51900000 units OSMO remaining in the vesting module account.
06
Remaining OSMO Any future release would require a separate governance decision.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This proposal seeks to stop creating new OSMO each day and have staking rewards use only protocol revenue. It also plans to suspend the daily release of developers’ tokens. However, the current materials describe a forum discussion and a planned on-chain vote, and do not mean that the proposal has been approved or taken effect.
Why it matters to readers
If the proposal passes,OSMO will no longer be issued daily through this mint module and will continue to be burned at the burn rate described in the text; staking rewards will also instead come from protocol revenue.
Newcomers should distinguish between “discussion started,” “on-chain vote,” and “approved and effective.” The current information only indicates that the proposal is under discussion and has a target on-chain date; it cannot establish that the supply and rewards mechanisms have already changed.
Risks and unknowns
Not provided in the materials Osmosis The materials do not provide a direct link to the official announcement or forum proposal, so the original content cannot be verified from the current evidence.
Whether the proposal will be formally put on-chain in October 20 has not yet been confirmed.
Whether the proposal will pass and when it will take effect have not yet been determined.
The evidence does not indicate whether protocol revenue is sufficient to provide staking rewards on an ongoing basis.
The dates in the text do not clearly specify the year.
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Related concepts
mint module
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