Cosmos ecosystem lending platform UX Chain (formerly Umee) has proposed a new plan to merge the Cosmos ecosystem DEX Osmosis with Umee UX Chain to enhance network security, simplify the token ecosystem, and achieve the best DeFi functionality.

On November 30th, Kujira, the DeFi public chain in the Cosmos ecosystem, had an undefined page for Futures trading on its official website, suggesting that the Kujira Futures function may be launched soon.

According to a post by John Galt, the strategic director of Stride, on X platform, the Interchain Foundation (ICF) of the Cosmos ecosystem foundation once invested $100,000 in Celestia, holding 1.6% of the shares, currently worth $70 million. The Cosmos ecosystem foundation also holds BTC, ETH, USD, and ATOM worth about $350 million in total.

Jae Kwon, the founder of Cosmos (ATOM), is planning to fork the blockchain after a successful governance proposal to limit ATOM inflation to 10%. The proposal, which reduced inflation from 14% to 10% and lowered staking rewards, was not supported by Kwon, prompting the idea for a new fork called AtomOne. Kwon aims to mend the divide in the Cosmos community by providing an alternative to the current governance architecture with AtomOne, which will lead the development and praxis of giving representation to every (sub)group. If the fork happens, there would be an airdrop of new ATOM1 tokens to various users within the community.

On November 27th, Cosmos founder Jae Kwon posted that although he voted against the proposal to reduce ATOM production and set the maximum inflation rate to 10%, the proposal still passed. Kwon believes that the final plan should include integrating ATOM with ATMO/ATMO1 so that ATOM will not be sold in large quantities and crash, but instead will be allowed to participate while the README content can be improved. Kwon stated that "Cosmoshub4" will fork and the new network will be called AtomOne, making it the current software, but it will transition to the minimum final product through its own plan and development team (more decentralized than Gaia). AIB will not be the only participant.

Cosmos Hub community has voted in favor of the proposal "ATOM Reduction: Setting the Maximum Inflation Rate to 10%," with a support rate of 41.1% and an opposition rate of 31.9%. The maximum inflation parameter for ATOM will be reduced from 20% to 10%, which will lower the current inflation rate of ATOM to 10% and reduce the stake annual interest rate from 19% to 13.4%.

dForce has posted on X platform stating that they have voted in favor of the proposal to reduce staking inflation in the Cosmos community. It is reported that the Cosmos Hub community is currently voting on the "ATOM Reduction: Setting the Maximum Inflation Rate to 10%" proposal, which aims to reduce the maximum inflation parameter from 20% to 10%, bringing down the current inflation rate of ATOM to 10% and reducing the staking annual interest rate from 19% to 13.4%. The voting deadline is November 26th.

Regarding the market and browser Atomicals and ARC-20, early member of the Atomicals Market community shep.eth said that Atomicals Market (AM) founder Erik will no longer hold any management position, and the new CEO will be a friend of shep.eth.<br>Currently, the CEO position is still in progress and has not been completed. The entire 33,000 ATOM lost in the previous two "zero purchase" events will be fully compensated by the new team within a week after the handover is completed; The overall operation and development team of AM will be adjusted to enhance the testing process; After fixing the vulnerabilities, AM will reopen trading and establish a security fund guarantee mechanism to deal with possible unexpected events in the future; AM will reconsider and adjust its brand, including logo and name. In addition, shep.eth stated that he will not participate in AM management and decision-making.

On November 24th, the proposal regarding the allocation of 600,000 ATOMs for pSTAKE liquidity staking growth in the CosmosHub community has opened for voting and the deadline for voting is December 5th. The proposal aims to increase the liquidity staking of stkATOM for pSTAKE by allocating 600,000 ATOMs as liquidity owned by the Cosmos Hub protocol on Astroport (Neutron) and Dexter (Persistence). As a reward, pSTAKE Finance (through PSTAKE governance) has promised to share 15% of its total revenue from ATOM liquidity staking with Cosmos Hub and waive the protocol fee charged for 300,000 ATOM liquidity staking (currently set at 5%).

Cosmos Hub community has voted in favor of the "Adoption of Skip Block SDK" proposal, with a final approval rate of 88.8%. The proposal suggests using the open-source Skip Block SDK to update the Cosmos Hub fee market. After Cosmos Hub upgrades to Cosmos SDK 0.47, the next upgrade will include the EIP-1559 fee market channel, which will help improve Cosmos Hub's revenue model and expand its security products.