The governance proposal Cosmos917 has been approved, and Dora Factory has received a million-dollar grant to fund public goods in the application chain ecosystem

2024-05-15 23:18:17
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ChainCatcher message, the CosmosHub proposal 917 initiated by Dora Factory has been passed with a high vote from the community. After the approval of this proposal, Cosmos Hub will have its first native secondary community funding program, with one million dollars injected into the DoraHacks AEZ secondary funding matching pool, providing continuous funding for Cosmos public goods and application chain ecological infrastructure through ten rounds of secondary funding over two years.

As the largest treasury allocation application in Cosmos Hub's recent history, this proposal has sparked extensive discussion within the Cosmos community and received widespread support. There were over one billion dollars in ATOM votes in favor, including SG-1, Chorus One, P2P.org, Zero Knowledge Validator, and core contributors to Cosmos such as Informal System, Keplr, and Cosmostation. The approval rate reached 91.9%, making proposal 917 the most supported motion in the history of Cosmos governance.

The second round of AEZ secondary funding has already begun, and developers can submit BUIDL through the global geek movement platform DoraHacks.io. Meanwhile, the community can make secondary donations to Cosmos public goods at any time.

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