According to Foresight News, Cosmos Hub has announced the approval of the deployment of the licensed model of CosmWasm. The proposal aims to use the smart contract platform CosmWasm for governance, including governance of smart contracts, token-based governance, timed voting cycles, and upgradable contracts. This development marks a significant step in the evolution of the Cosmos Hub, as it continues to expand its capabilities and services.
CosmWasm Deployment Approved For Use On Cosmos Hub
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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