CosmosHub Proposal No. 917 initiated by Dora Factory has been passed by the community with a high vote. After the proposal is passed, Cosmos Hub has a native quadratic community funding plan for the first time. One million US dollars will be injected into the DoraHacks AEZ quadratic funding matching fund pool, and 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 of Cosmos Hub in recent years, 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 91.9%, Proposal No. 917 has also 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.