Osmosis, a decentralized trading protocol in the Cosmos ecosystem, has proposed two plans to remove about 17.4 million unused OSMO tokens from its community pool and burn them. This amount represents roughly 65% of all OSMO tokens burned so far. The proposals aim to reduce unused liquidity and potentially increase token value. Community members have been invited to discuss these proposals through a published link, indicating a collaborative decision-making process.
Osmosis' proposal to burn about 17.4 million OSMO tokens provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 02, 2026 07:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 31 rose and 18 fell today. Notable movers include DOT at Rp21.154 with a 1-day change of -2.99%, XLM at Rp3.926 down 2.82%, and LTC at Rp1.234.038 up 2.80%.
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