TechFlow reports that Cosmos Hub has announced the opening of voting on proposal #858, which aims to allocate 900,000 ATOM to the stATOM/ATOM pool to promote liquid staking growth for ATOM.
Osmosis has self-recommended receiving this liquidity, arguing it is a core hub with high activity and trading volume within the ATOM economy.
Proposal author @sunnya97 pointed out that leveraging Osmosis' concentrated liquidity pools would achieve significant results within the DeFi ecosystem, especially under conditions of high trading volume.
The proposal suggests allocating 90% of the funds statically to Osmosis and 10% to the upcoming stATOM/ATOM Dynamic S+ vault by @QuasarFi to enhance long-term effectiveness.
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