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Cosmos new community votes to plan v12 upgrade, including enabling LSM module

Cosmos community is conducting a vote for proposal 821 to plan for the v12 upgrade. This upgrade includes the activation of the Liquid Staking Module (LSM) module, which aims to replace the existing staking, allocation, and punishment modules to improve network liquidity, unlock millions of dollars worth of ATOM tokens for supporting DeFi activities across various chains in the Cosmos ecosystem. As of now, 99.8% of the participants have approved of this new upgrade, but it has not yet reached the required number of votes.

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