Osmosis burns 600,000 OSMO tokens every month, accounting for 0.79% of the supply, with the current price at $0.0627. Calculated annually, this project's burn rate is close to 10%. With a market cap of only $47.6 million, it ranks in the top five within the IBC V2 ecosystem. Interestingly, the market is generally bearish on the Cosmos ecosystem, but this has actually created an opportunity for tokens that maintain scarcity through aggressive burning mechanisms. At such a low valuation, investing in tokens that self-destruct at such a rapid pace becomes logically quite attractive.