The Cosmos Hub community’s proposal to “allocate 600,000 ATOM to pSTAKE for liquidity staking growth” is open for voting

Odaily News The Cosmos Hub community is voting on the proposal to “allocate 600,000 ATOM to pSTAKE for liquidity staking growth”. The voting deadline is December 5. The proposal aims to increase the ATOM liquidity staking of pSTAKE stkATOM by allocating 600,000 ATOM on Astroport (Neutron) and Dexter (Persistence) as liquidity owned by the Cosmos Hub protocol (stkATOM Hub POL). In return, pSTAKE Finance (governed by PSTAKE) has committed to sharing 15% of its total ATOM liquidity staking revenue with Cosmos Hub and waiving the protocol fee (currently set at 5%) for 300,000 ATOM liquidity staking.