On May 15, the CosmosHub Proposal No. 917 initiated by Dora Factory was passed by the community with a high vote. After the proposal was passed, Cosmos Hub had its first native quadratic community funding plan. One million US dollars will be injected into the DoraHacks AEZ quadratic funding matching fund pool, and the Cosmos public goods and application chain ecological infrastructure will be continuously funded through 10 rounds of quadratic funding over a period of two years.
As the largest treasury grant application in the Cosmos Hub in recent times, this proposal has aroused extensive discussion in the Cosmos community and has received widespread support from the community. More than 1 billion US dollars of ATOM voted in favor, including SG-1, Chorus One, P2P.org, Zero Knowledge Validator, and Cosmos' core contributors Informal System, Keplr, Cosmostation, etc. With a approval rate of 91.6%, Proposal 917 has become the most community-supported motion in the history of Cosmos governance.
The second round of AEZ quadratic funding has been opened, and developers can submit BUIDL through the global geek movement platform DoraHacks.io. At the same time, the community can make quadratic contributions to Cosmos public goods at any time.