Osmosis Community Pool Loses 55.5 Million OSMO in Token Burn
Photo: TokenPost
The Osmosis protocol burned 55.5 million Osmosis (OSMO) tokens from its community pool. Osmosis previously put forward two proposals to remove unused liquidity from the pool and burn recovered tokens. Together, the proposals concerned about 17.4 million OSMO, as described in earlier coverage of the proposals . Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.
Also reported by The Defiant.
Source: TokenPost
