Osmosis updates Cosmos Hub proposal, canceling the addition of the ATOM casting program.

CoinFeed reported on April 6th that the Osmosis team announced an update to its Cosmos Hub proposal, based on feedback from validators and the community, canceling the plan to add new ATOM minting. The required ATOM will be gradually purchased from DEXs through protocol revenue to support the OSMO→ATOM conversion. A revenue support model linked to protocol performance will be introduced, with the total acquisition amount controlled to within 2.5% of the ATOM supply. Previously, Osmosis planned to optimize the OSMO token economic model, including increasing Bitcoin reserves and achieving net deflation of OSMO by the end of the year.