According to Wu, the Osmosis governance forum shows that community member JohnnyWyles has proposed a governance proposal to transfer 100 million OSMO tokens from the community fund pool to a burn address. This represents approximately 12.6% of the current total supply of 794 million OSMO tokens, valued at approximately $5.8 million at current prices. The proposal states that some previously issued OSMO tokens were channeled into the community fund pool, creating a "soft burn" state that allows for reuse through governance. The proposed permanent burn of 100 million of these tokens aims to eliminate the possibility of them re-entering circulation. After execution, the community fund pool is expected to still hold approximately 19.3 million OSMO tokens and other assets. The proposal is currently under discussion, with a target on-chain submission date of October 30th. https://www.(wublock123.com)/news/osmosis-proposal-burn-100m-osmo-12-6-percent-70799