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NewsOn-Chain Voting for Cosmos New Whitepaper Postponed to October 31st

On-Chain Voting for Cosmos New Whitepaper Postponed to October 31st

Oct 29,2022,14:18

The Cosmos Hub forum shows that the community vote for the Cosmos new whitepaper has been postponed from the initial date of October 3rd to October 31st.

Previously, Cosmos released a new whitepaper that outlines a revamped role for the Hub as the heart of interchain security – meaning other chains will be able to use the Hub to secure their own networks. The white paper also proposes changes to the utility and issuance schedule of $ATOM.

This paper also describes a new issuance regime optimized for Liquid Staking, where after a 36 month transition period, exponential issuance is reduced to a constant amount of $ATOM issued per month.

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