Usman.N

[BSCN @BSCNews]

Osmosis has now burned over 100,000,000 $OSMO.

The community for @osmosis, @cosmos' leading DEX, yesterday passed a proposal to take 55.5 million $OSMO from the Osmosis community pool and burn it forever.

Crucially, the burn (already implemented) means that the Osmosis ecosystem has now burned over 100M token - 100,283,232 to be precise.

At time of writing, those tokens would be worth more than $4.5M.

[Osmosis 🧪 @osmosis]

Receipt for the 100M burn.

Prop 1057 passed with 91.1% yes, and 55.5M OSMO has gone from the community pool to the null address.

Total OSMO burned now stands at 100,283,232.

https://t.co/ffCA4DiOcF

[Usman.N @Nextlink80]

I found a pumpkin on the @eliospay website!

There are more pumpkins waiting to be discovered. Happy hunting!

#EliosPumpkinHunt

https://t.co/DkuBqimOJE

[Usman.N @Nextlink80]

I found a pumpkin on the @eliospay website!

There are more pumpkins waiting to be discovered. Happy hunting!

#EliosPumpkinHunt

https://t.co/DkuBqimOJE

[Osmosis 🧪 @osmosis]

Next stop: 100 million OSMO burned.

Proposed: burn 55.5M OSMO from the community pool, nearly half of what it holds. That cuts supply by about 7% and takes total OSMO burned past 100M.

Target onchain date: 30 October.

https://t.co/bdf4NvHCuC

[Osmosis 🧪 @osmosis]

Flipped the switch.

OSMO inflation is off. Today's epoch came and went, and 0 new OSMO was minted, down from 91,324 a day.

Prop 1053 passed with 91.1% yes. From here, staking rewards come from protocol revenue, and every OSMO burned cuts supply.

New era.

https://t.co/RqoA2xUvZs

[Usman.N @Nextlink80]

@kap_jones Depends on account size 1 dollar made with a small account is still inpressive, however live account is more challenging as it has real consequences of slippage, broker commision, spreads and liquidty issues.

[Osmosis 🧪 @osmosis]

It's onchain: end OSMO inflation.

Prop 1053 takes new OSMO minted per day from 91,324 to zero. Staking rewards come entirely from protocol revenue, and every OSMO burned cuts supply. At the current burn rate, that's ~2% of supply a year.

Voting ends October 25.

https://t.co/RqoA2xUvZs

[BSCN @BSCNews]

Osmosis plans to end all $OSMO token inflation!

@osmosis DEX, built within the @cosmos ecosystem, has launched a proposal to end the daily inflation on its native token.

If approved, it would effectively turn the token deflationary, with approximately 2% of supply currently burned each year.

Is this the start of an cosmos:native ecosystem revival...?

[Osmosis 🧪 @osmosis]

Proposal: end OSMO inflation.

New OSMO minted per day goes to zero. At the current burn rate, that means ~2% of supply burned a year, with nothing minted to offset it.

Staking rewards would come entirely from protocol revenue.

In discussion now, targeting onchain October 20.

https://t.co/13dgIwLOvC

[Usman.N @Nextlink80]

I’m on the @eliospay waitlist.

Join through my link, secure your spot, and we’ll both earn Elios Miles along the way.

https://t.co/QJveG9xk17

[Usman.N @Nextlink80]

I just joined the Elios waitlist. Join me: https://t.co/QJveG9xk17

[Usman.N @Nextlink80]

@kap_jones

[Osmosis 🧪 @osmosis]

~17.4M $OSMO proposed to be burned. 🧪

That's +65% on top of all OSMO burned to date.

Two proposals would withdraw community pool liquidity that no longer does its job, and burn the recovered $OSMO.

Read and discuss:
https://t.co/phlJy5y1jU
https://t.co/Dr05CuTjzx

[Usman.N @Nextlink80]

@kap_jones Keep it in the 'inner circle' or someday you will be told not to board any aircraft 😂

[Usman.N @Nextlink80]

@kap_jones Still going through it, but i liked to be reminded about Flout and consolidation trading

[Usman.N @Nextlink80]

Join me and get yours! Sign up and complete tasks, let's earn USDC rewards together! https://t.co/gfcZm6Zwpd

[Usman.N @Nextlink80]

@MANTRA_Chain Any update on the query???

[Usman.N @Nextlink80]

@MANTRA_Chain Why is the overview section blocked in UAE? I thought you were licensed here?

[Usman.N @Nextlink80]

@trader1sz GnnHVg2DgsWWfXcCesBc6UFDo9QLrqRkjbkCQju9NLqt