BSCN(@BSCNews):Osmosis burns nearly half its community pool OSMO Today, @osmosis governance passed Prop 1057 with 91.1% voting yes and moved 55.5M $OSMO from the community pool to the burn address. The project puts the burn at about 7% of OSMO supply. The transfer ran on-chain automatically once voting closed, sending the tokens to an address no one can ever spend from. Total OSMO burned now stands at 100,283,232, past the 100M mark the proposal had set out to reach.

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2026.11.04 17:18

Osmosis burns nearly half its community pool OSMO Today, @osmosis governance passed Prop 1057 with 91.1% voting yes and moved 55.5M $OSMO from the community pool to the burn address. The project puts the burn at about 7% of OSMO supply. The transfer ran on-chain automatically once voting closed, sending the tokens to an address no one can ever spend from. Total OSMO burned now stands at 100,283,232, past the 100M mark the proposal had set out to reach.