Cosmos will allocate 600,000 ATOM for pSTAKE liquidity staking growth.
BlockBeats news, on December 5th, the Cosmos community voted in favor of the proposal "Allocation of 600,000 ATOM for pSTAKE liquidity staking growth". The proposal aims to allocate 600,000 ATOM for pSTAKE liquidity staking growth, with pSTAKE sharing 15% of the liquidity staking revenue with Cosmos Hub and exempting the 5% protocol fee for staking 300,000 ATOM in liquidity.