The ATOM 2.0 proposal was rejected due to the "No With Veto" voting ratio exceeding 33.4% (37.39% at the close). The proposal started voting on October 31, Beijing time, involving the new version of the white paper, including allowing other chains to use the Hub to protect their own network, and after a 36-month transition period, reducing the number of new ATOMs per month from index issuance to Changes such as constant quantities. Foresight News previously reported that Cosmos founder Jae Kwon opposed the ATOM 2.0 proposal to introduce liquidity staking to ATOM, and said that the current ATOM 2.0 proposal still has problems such as minting a large number of tokens into a treasury controlled by insiders. Jae Kwon stated that changes to the token policy should be broken down into separate parts and evaluated one by one, rather than grouped together for voting.