Osmosis plans to burn 100M OSMO, 12.6% of circulating supply
- —Burn targets 100M OSMO held in the community pool
- —That equals about 12.6% of circulating supply
- —The move follows Osmosis ending OSMO inflation and shifting staking to protocol revenue
Why it matters: Cutting supply could support OSMO price, though the impact depends on approval and execution of the burn.
Source: PANews