ME News reports that on April 6 (UTC+8), Osmosis, a DEX within the Cosmos ecosystem, tweeted that it has updated its Cosmos Hub proposal based on feedback from validators and the community. The most significant change is the cessation of new ATOM minting; required ATOM will instead be gradually purchased on open markets using Osmosis DEX protocol revenues for OSMO/ATOM conversions. The total acquisition volume remains capped at less than 2.5% of the total ATOM supply. The proposal is now in the Cosmos Hub governance discussion phase. Previously, Foresight News reported that Osmosis announced it had submitted a major proposal to the Cosmos ecosystem to natively integrate Osmosis into the Cosmos Hub. If approved by the governance of both chains, the Osmosis DEX will be natively migrated to the Hub, unifying liquidity, governance, and security on a single chain. (Source: Foresight News)
Osmosis Updates Cosmos Hub Proposal: Abandons New ATOM Minting, Shifts to Market Buybacks
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Summary
Osmosis has updated its Cosmos Hub proposal, shifting from new ATOM minting to market buybacks. The DEX will use protocol revenue to repurchase ATOM for OSMO/ATOM conversions, with total buybacks capped at under 2.5% of the supply. The proposal is now under governance review. This market update comes amid ongoing discussions about new token listings and chain integrations. Previously, Osmosis proposed direct integration into the Cosmos Hub to unify liquidity and governance.
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