In a recent announcement, the Decentralized Cooperation Foundation (DCF) shared the positive news of Proposal #912 being approved within the Cosmos network. This marks a significant step forward for the community's dedication to progress and creativity.

The approved Proposal #912 introduces a new approach to staking within the Cosmos network, known as liquid staking. This method aims to make staked assets more easily tradable by creating derivative tokens. By doing so, liquidity within the network is expected to improve, showcasing the community's ongoing commitment to innovation.

The main goal of Proposal #912 is to make better use of staked assets by enhancing their liquidity. Traditional staking involves locking up tokens to secure the network, which can limit their availability for other financial activities. Liquid staking, however, allows these assets to be used in various financial endeavors without compromising network security.

To kick off the implementation, Proposal #912 allocates a specific amount of ATOM tokens from the Cosmos Community Pool towards liquid staking on platforms like Stride and Persistence. This allocation is projected to increase capital efficiency by 18%, demonstrating the potential benefits of this new approach. If successful, further allocations will be considered after a three-month trial period.

A key component of Proposal #912 is the Inter Stable Token (IST), which plays a vital role in improving liquidity and economic stability across the Cosmos network. By utilizing liquid-staked assets to mint IST, the goal is to distribute these tokens across different liquidity pools, ultimately boosting efficiency by an estimated 18%.

Ric Shreves, President of the Decentralized Cooperation Foundation, expressed pride in the community's dedication to innovation and decentralized governance. He emphasized the importance of supporting initiatives like Proposal #912, which align with the foundation's mission of promoting accessible and equitable blockchain solutions.

Looking ahead, the successful passage of Proposal #912 signals a bright future for the Cosmos ecosystem. By prioritizing liquidity and capital efficiency, this initiative sets a precedent for future blockchain endeavors within the community. Ultimately, it aims to generate revenue for the Cosmos Hub community pool and benefit all participants in the ecosystem.