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Proposal #984

Funding Hydro development & integrations in 2025

FailedCommunity Pool Spend

Failed on 23 Jan 2025: amount cannot be nil: invalid coins.

Yes

22.6%

50.4% without abstain

Veto

0.0%

of votes cast

Ended

23 Jan 2025

The ballotvotes cast · final tally
Yes

22.60%

of votes cast

Abstain

55.15%

of votes cast

No

22.20%

of votes cast

Veto

0.04%

of votes cast

This proposal requests community approval to fund Hydro product development and some Hydro-focused grants for the first two quarters of 2025 by giving Informal a green light to re-assign the excess Q4 2024 budget to Hydro and approving the transfer of an additional 180,000 ATOM from the community pool. In addition, since we believe that Hydro could be partly self-funded in the second half of 2025, we're requesting community approval to send Hydro's PoL profits to an account collectively owned by Hydro's voters but placed under the control of the Cosmos Hub community (see the Hydro Treasury section for details).

The full funding proposal details and discussion are available on the [Hidden link].

Governance votes

  • Yes: You approve the allocation of Informal Systems' excess Q4 budget and an additional 180,000 ATOM from the community pool towards Hydro product development and integrations, and you approve the transfer of Hydro's PoL rewards to the Hydro Treasury.
  • No: You do not approve the suggested budget allocation and / or the transfer of Hydro's PoL rewards to the Hydro Treasury.
  • No with Veto: You indicate that this proposal either (1) is deemed to be spam, i.e., irrelevant to Cosmos Hub, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Cosmos Hub.
  • Abstain: You wish to contribute to the quorum, but you decline to vote either for or against.

Timeline

  1. Submitted09 Jan 2025
  2. Voting started09 Jan 2025
  3. Voting ended23 Jan 2025
  4. Deposit deadline23 Jan 2025

Proposer

Address
cosmos1t…ntmhkv
Deposit500

Rules

Not recorded for this proposal.