The Cosmos Hub community has voted to approve the proposal to reduce the maximum inflation rate of ATOM to 10%.

BlockBeats reported on November 26th that the Cosmos Hub community has voted in favor of the "ATOM reduction: setting the maximum inflation rate to 10%" proposal, with a support rate of 41.1%. According to the proposal, the maximum inflation parameter for ATOM will be reduced from 20% to 10%, resulting in a current inflation rate of 10% for ATOM, and the staking annual yield will be reduced from 19% to 13.4%.