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A Cosmos (ATOM<\/a>) developer has unveiled a proposal that will cut the maximum inflation of the project\u2019s native asset in half.<\/p>\n Zaki Manian<\/a>, the co-founder of decentralized asset management protocol Sommelier, has proposed<\/a> changing the max inflation parameter on Cosmos from 20% to 10%, which would drop the inflation rate to 10%.<\/p>\n \u201cI believe that all empirical evidence shows that Cosmos is overpaying stakers substantially for their services. Months of high inflation in the bear market have barely budged the staking rate.<\/em><\/p>\n Reducing the staking rate should be a boost to [Cosmos Liquid Staking Module (LSM)] adoption and will hopefully drive more users towards Mars, Inter Protocol, Levana, etc. for higher yield.<\/em><\/p>\n This is just a parameter change proposal. This will impact the rate of growth of the community pool and a separate proposal to increase the community pool take should be considered.\u201d<\/em><\/p>\n Cosmos is an interoperable blockchain ecosystem. The project\u2019s native token, ATOM, is trading at $7.14 at time of writing. The 29th-ranked crypto asset by market cap is up nearly 6% in the past 24 hours.<\/p>\n Manian helped build the Cosmos ecosystem and launch the first public Cosmos testnet. His project, Sommelier<\/a>, aims to maximize interoperability with other blockchains, according to its website.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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