Osmosis burns 55.5 million OSMO from community pool as issuance stops refilling it
AI summary
Osmosis has burned 55.5 million OSMO tokens from its community pool, reducing the supply held by the pool to roughly 63.78 million OSMO. The change also ends the practice of new token issuance replenishing the pool's reserves. Traders may read the burn as a supply-reducing move that could support OSMO's price, though the pool still holds a sizable reserve.
