Developers of the Cosmos inter-blockchain communications (IBC) protocol have proposed a cut the usability to the inflation rate of its native ATOM token.

Currently, the inflation rate stands between 7% and 20%, and according to a proposal by StakeLab, a Cosmos ecosystem staking and relaying hub, it could be reduced to anywhere between 0% and 20%.

For the proposal to pass, a quorum of 40% of ATOM's outstanding supply and "yes" votes are required before 23 January.

Furthermore, StakeLab suggested that the community should consider the viability of transferring protocol revenue from emerging Cosmos consumer chains to ATOM stakers, instead of issuing tokens outright.