Osmosis proposal 1053, "End OSMO Inflationary Emissions", passed when its voting period closed on 25 October 2026 at 17:36 UTC. The on-chain tally reads 95,127,296 OSMO yes, 9,328,359 abstain, 2,341 no and 1,152 no-with-veto, or 91.07% yes of votes cast (chain data via the Osmosis LCD endpoint; BlockchainReporter cites Mintscan for 65.52% participation against a 30% quorum).
The forum proposal by JohnnyWyles explains the mechanics: the mint module's distribution start epoch is set to 100,000,000, an epoch it will never reach at one epoch per day, and distribution proportions go 100% to the community pool, so nothing is minted from the first daily epoch after passage. Before the change the module produced about 121,766 OSMO per day, of which roughly 40,000 OSMO (8% staking rewards plus a 25% developer vesting release) entered circulating supply; the rest went to the non-circulating community pool. The developer release is paused with about 51.9 million OSMO remaining in the vesting account, and any future release needs its own governance vote. Stakers lose roughly 2 percentage points of APR from issuance, which the author estimates is mostly offset by the larger taker-fee share from proposal 1052 (about 1.7%). With no new issuance, OSMO burned from taker fees and ProtoRev now reduces supply outright.
For traders on Osmosis nothing changes at the pool level; the change concerns OSMO holders and stakers. BlockchainReporter put OSMO up 18.98% at $0.0626 on 27 October, citing CoinGecko. See the Osmosis profile on dexwatch.