Cosmos ( ATOM) founder Jae Kwonexpressed his opposition to the proposals that would bring new changes to the system.
One of the strong projects of the crypto market cosmos, blockchain continues its development. The popular project has been around in the past months. Cosmos Hub He gave detailed information about Ranked in the top 25 by market value ATOM , managed to stand out after the Hub improvements. However ATOM could not escape the turbulent crypto agenda in the next period. Focusing entirely on improvements and updates, Kwon drew attention with his latest statements.
Cosmos Founder Doesn’t Want to Disband the Community
Founder of Cosmos Jae Kwon, liquidity staking expressed his opposition to the practice. Among the updates based on the community’s decision, liquidity staking system is included. The community voted for the new update.
In the vote, in which new changes were made for the Cosmos ecosystem, a 62 percent yes vote came out. The ATOM community supports the arrival of new updates.
Investors of the decentralized project seem eager for the update. However, the founder of Cosmos mentioned that the update could have bad results. Also touching on FTX events, Kwon wanted everyone to know that this new update is extremely risky.
Kwon did not approve of ATOM holders shifting to other platforms to stake. Kwon underlined that this could have dangerous consequences, such as the printing of new coins.
