According to Huoxing Finance, on April 17, Osmosis announced that the governance proposal to integrate Osmosis into the Cosmos Hub narrowly failed to pass the vote. The team expressed gratitude to the community, validators, and all participants in the discussion, acknowledging that while this outcome is not the ideal solution the Cosmos ecosystem had hoped for, it remains committed to moving forward. Osmosis emphasized that its network will continue to operate as an independent and profitable chain. Over the coming weeks, the team will advance planning for Osmosis’s next phase, prioritizing the security of user assets and service continuity, with further details on protocol and team developments to be announced soon.
Osmosis Integration Proposal with Cosmos Hub Fails to Pass, Will Continue as Independent Chain
MarsBitShare






On April 17, Osmosis announced that a governance proposal to integrate with the Cosmos Hub failed to pass the vote. The team thanked the community and validators for their participation. Osmosis will continue as an independent and profitable chain. The network upgrade remains a priority as the team progresses to the next phase of its roadmap. On-chain updates emphasize the focus on user asset security and service continuity. Further details on protocol and team development will be shared in the coming weeks.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
