Data & Systems Analyst Governance • Digital Economies • Incentive Design @Osmosis
Joined September 2021
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JohnnyWyles retweeted
Flipped the switch.
OSMO inflation is off. Today's epoch came and went, and 0 new OSMO was minted, down from 91,324 a day.
Prop 1053 passed with 91.1% yes. From here, staking rewards come from protocol revenue, and every OSMO burned cuts supply.
New era.
mintscan.io/osmosis/proposal…
JohnnyWyles retweeted
Proposal: end OSMO inflation.
New OSMO minted per day goes to zero. At the current burn rate, that means ~2% of supply burned a year, with nothing minted to offset it.
Staking rewards would come entirely from protocol revenue.
In discussion now, targeting onchain October 20.
forum.osmosis.zone/t/end-osm…
JohnnyWyles retweeted
The Cosmos Hub proposal to integrate Osmosis narrowly did not pass governance.
While this is not the outcome we thought was best for Cosmos, we want to thank the community, validators, and everyone who engaged deeply with the discussion.
Osmosis continues to operate as an independent and profitable chain.
Over the coming weeks, we’ll be working through the next phase for Osmosis, with user safety and continuity as the top priority.
We’ll share more details on next steps for both the protocol and the team soon.
A lot of the same questions keep coming up on the Cosmosis Proposal
I've put together a FAQ covering:
• Strategic Rationale
• Technical Implementation
• Tokenomics
• Governance & Operations
• Ecosystem Impact
If you’re voting, take a look 👇
notion.so/osmosiszone/Cosmos…
JohnnyWyles retweeted
To refute some common points:
* “Cost is 22M”: its ~14m with 15% being funded by Osmosis & 5M assets being transferred into The Hub CP
* “Osmosis won’t sustain revenue”: Osmosis’ DEX offerings will need to evolve, the currently AMMs are obviously not sufficient but stagnation was never the plan. BD Growth initiatives are waiting for the merge so the eco can work as one.
* “CP is fully gone”: The Hub CP is swapped for Osmosis (the DEX, community and Cosmwasm DeFi devs) + 5M in USDC, BTC, etc uncorrelated assets
* “No team”: There is a post-merge team for Osmosis. And there are Cosmwasm dev teams that will move with them.
Osmosis has voted to migrate.
Now the decision sits with the Cosmos Hub.
With ~2 days left and a close vote, participation matters.
If you stake ATOM, take a moment to review Proposal 1029 and cast your vote.
JohnnyWyles retweeted
Nice post by @hale1emmeric explaining the ATOM supply sink and revenue math with ICL's enterprise plan, at conservative adoption levels: forum.cosmos.network/t/propo…
(Let alone betting on an explosive growth of 100M volume/day from one integration)
![[Proposal ##][DRAFT] Acquisition and Merger of Osmosis into the Cosmos Hub aka COSMOSIS](https://pbs.twimg.com/card_img/2118790197731098624/9atlfuvg?format=png&name=120x120)
JohnnyWyles retweeted
Should Osmosis merge into the Cosmos Hub?
This Thursday at 1pm UTC, @sunnya97 joins me in a livestream to explain everything and break down the merger proposal.
Link: youtube.com/watch?v=DguP-0is…
JohnnyWyles retweeted
Today we’re proposing something big for the Cosmos ecosystem.
We’re bringing Osmosis directly into the Cosmos Hub.
If approved by governance of both chains, the Osmosis DEX will be migrated natively on the Hub — unifying liquidity, governance, and security under one chain.
This proposal reflects a natural evolution for Cosmos: sovereign experimentation followed by consolidation once infrastructure has matured.
Osmosis has served as the primary liquidity venue of Cosmos since 2021. Now it has the opportunity to become native infrastructure of the Hub itself.
OSMO holders would have the ability to convert to ATOM through a structured migration process, allowing the Cosmos to finally align around a single coordination asset.
Finally, ATOM will have its first true revenue stream and direct exposure to the liquidity engine of Cosmos.
For years the question has been: how does ATOM capture value from ecosystem activity?
This proposal is our answer.
Governance discussion begins today.
Forum proposal ↓
forum.cosmos.network/t/propo…
![[Proposal ##][DRAFT] Acquisition and Merger of Osmosis into the Cosmos Hub aka COSMOSIS](https://pbs.twimg.com/card_img/2120875610541379584/87QIHfcu?format=png&name=120x120)
JohnnyWyles retweeted
Here we go!
After months of work, the Plebis beta launches in just a few days.
We set out to build something that didn't exist yet: a real governance intelligence platform for blockchain ecosystems.
Not just another place to vote.
A place to actually understand what's happening across chains and make smarter decisions because of it.
What's inside:
✅Unified proposal tracking across multiple chains in one feed.
✅AI-powered summaries and sentiment analysis that cut through the noise.
✅A validator scoring system that shows you who's actually showing up, how they vote, and how consistent they are.
✅Proprietary governance health metrics and cross-chain analytics you literally cannot find anywhere else. ✅Notifications when proposals open, shift, or near closure.
✅A reputation system that rewards the people who do the work.
We're launching with six Cosmos chains (@agoric @osmosis @injective @axelar @cosmos @StargazeZone) and expanding into more ecosystems from there.
The waitlist is live right now at pleb.is/.
Sign up and you'll get access the moment we open the doors. We're talking days, not weeks.
This is just the beginning. Let's go.
Testing the share functionality of a dashboard I've been working on recently. Excited to get this fully live!
The v31 upgrade for @osmosis is coming on Monday, 3rd November.
V31 is a tokenomics-focused release that makes staking rewards smoother, taker fee buyback and burn automatic, and revenue collection more efficient.
More details below:
Improved Inflation Visibility
With the Community Pool being used to remove inflation from circulation, a new inflation display makes it easier to track how much new OSMO enters circulation.
Combine it with burn data to see Osmosis’ daily net deflation.
1
14
1,158
V31 is due for release at ~14:00 UTC Monday, 3rd November, subject to block time variance, and is expected to take 15 minutes.
Users require no action; your funds remain secure, but degraded performance will occur during the upgrade as validators activate.
mintscan.io/osmosis/proposal…
