Cosmos Hub Proposal to Integrate Osmosis Fails by Narrow Margin

Osmosis said the April 17 governance vote did not pass and that it will remain an independent, profitable chain while prioritizing user asset security and uninterrupted service.

Summary

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Terms & Concepts
  • Governance proposal: A formal on-chain community vote used to decide protocol or network changes.
  • Cosmos Hub: The central blockchain in the Cosmos ecosystem, designed to connect interoperable chains.
  • Osmosis: A blockchain in the Cosmos ecosystem focused on decentralized finance and cross-chain asset activity.