The Cosmos Hub community proposes to allocate an annual budget of over 900,000 ATOMs to the core team, and currently the majority of votes are agains
on October 27th, the Cosmos Hub community proposed to allocate over 900,000 ATOM to Informal Systems and Hypha Worker Co-op in the 2024 budget. These funds will mainly be used for the continuous maintenance of cross-chain security protocols, upgrades to the Cosmos Hub Gaia core software, and optimization of testing network programs. Informal Systems is the core development team of Cosmos Hub, while Hypha Worker Co-op focuses on the consumer chain field. Currently, the opposition vote is in the majority for this proposal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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