I think we need to be very careful with the growing narrative that:
PSE = selling pressure → stop PSE = price goes up.
The selling pressure we've experienced was NOT caused by PSE across the board.
We've already had significant selling from large, disgruntled post-merger holders. Pausing PSE doesn't magically remove those existing bags or guarantee that selling stops.
What concerns me now is that while trying to solve one problem, we may create another.
PSE wasn't only an emission mechanism it was also part of the reason people bought, delegated and held TX. Some increased their investment based on those economics. Validators operated around them. Builders structured treasuries and long-term project plans around them.
If PSE is paused for 12+ months, those people don't simply disappear.
Some may now become another group of unhappy holders reconsidering their positions.
That's how we risk entering a vicious cycle:
Merger → disgruntled holders → selling → falling price → pressure to change tokenomics → PSE pause → another group disadvantaged → more loss of confidence → potentially more selling.
I'm NOT saying PSE shouldn't change.
If the modelling shows PSE needs to be paused, then show us the modelling and let's have that discussion.
But please don't reduce what has happened to TX to “PSE caused the selling.”
And don't assume stopping emissions automatically fixes the price.
Before voting, we need to understand the consequences for all sides of the ecosystem, including the people who made financial decisions based on the framework we were originally given.
Fix the problem, absolutely.
Just make sure we're fixing the right problem and not creating the next one.
Cosmostation Wallet Service Discontinuation Notice
After careful consideration, we have decided to discontinue Cosmostation Wallet.
We sincerely thank everyone who has used the Cosmostation Wallet over the years. Your trust and support have enabled Cosmostation Wallet to grow and support a wide range of blockchain ecosystems.
This was not an easy decision. We continue to believe in the long-term future of blockchain and the interchain ecosystem, and we hope to continue contributing to the ecosystem in various ways.
Service Discontinuation Schedule
Starting September 1, 2026, Cosmostation Wallet will only support the following two features:
• exporting recovery phrases
• exporting private keys.
All the other features will be gradually discontinued and will no longer be available.
This service discontinuation applies to:
• Cosmostation Wallet (iOS)
• Cosmostation Wallet (Android)
• Cosmostation Wallet Chrome Extension
What You Need to Do
If you currently use Cosmostation Wallet, please make sure to securely back up your recovery phrase or private key before September 1, 2026.
Cosmostation Wallet is a non-custodial wallet, which means your assets remain on their respective blockchains and are not stored in Cosmostation wallet.
As long as you have your recovery phrase or private key, you can continue to access your existing assets by importing your wallet into another compatible wallet.
After Service Discontinuation
As existing features are gradually discontinued, only recovery phrases and private key export will remain available.
Once Cosmostation Wallet is fully discontinued, access to the applications will also no longer be available. We therefore strongly recommend backing up your recovery phrase or private key in advance.
Thank You
We sincerely thank everyone who has trusted and used Cosmostation Wallet over the years.
The time we have shared with you has meant a lot to us.
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