Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Osmosis has launched the v25 upgrade, and is about to destroy 1.3 million OSMO tokens

Bitget2024/05/16 01:27

The Cosmos ecosystem DEX Osmosis official announced that the v25 upgrade has been approved by Osmosis governance and officially launched today. This upgrade includes: · A new feature of auction mechanism at the top of blocks, which will become a new source of income for the protocol; · Destruction mechanism, 1.3 million OSMO tokens will be destroyed shortly after the v25 upgrade; · Activation of smart account mechanism; · And consensus improvements, with a target block time of 2.5 seconds, lower than the current 3-second target etc.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!