Osmosis restarts merger negotiations with Cosmos Hub, token up 185% in 24 hours

Techub News reports, according to crypto.news, the Osmosis community is revisiting the merger proposal with Cosmos Hub, planning a token swap at a rate of 1.998 OSMO for 0.0355 ATOM, funded by DEX revenue. This news drove the OSMO token up 185% within 24 hours on May 11. The original proposal, released in March 2026, aimed to integrate Osmosis's liquidity, governance, and security into Cosmos Hub, but narrowly failed to pass a governance vote in mid-April. The revised version proposes eliminating additional ATOM minting and instead using Osmosis's transaction revenue to fund the swap, mitigating dilution risks for ATOM holders. If the revised proposal passes governance votes on both sides, it could set a precedent for the integration of other independent chains in the Cosmos ecosystem.