Governance proposal #52 is to basically make ATOM the base money of COSMOS, as ETH is to ETHEREUM. This seems like a no-brainer to me, so I voted Yes.
Barring some changing in the votes in the next couple of days, it appears it's going to get voted down. Can anybody explain to me why one would vote against this? Clearly I'm missing something. Also, it seems like the "No"s are weighted more towards large bag-holders, as the No side has fewer total votes, but is carrying over 60% of the vote weight. Why would the wealthier holders on Cosmos not want this to happen?
I see I was mistaken. The proposal is more specifically for ATOM to be allocated to Osmosis. I did a poor job of reading and understanding the proposal.