A little bit of chit-chat
Neutron just went live on Thursday, and there’s activity already. VectisDAO will deploy account abstraction on Neutron, enhancing user experience and security. The integration brings advanced wallet features and extensibility through a plugin ecosystem, providing a seamless user experience for decentralized applications and inter-blockchain transactions.
ATOM accelerator DAO
The ATOM Accelerator DAO has announced the winners of its second grant application round within the Cosmos ecosystem. Out of 24 applications, four projects were selected to receive a total of $302,000 in funding. The grants were awarded across three categories: Interchain Public Goods, $ATOM Zone Build Out, and Business Development.
In the Interchain Public Goods category, Productshop received a grant for their Cosmos SDK Escrow module. This module aims to provide a secure and reliable platform for transactions within the Cosmos ecosystem, mitigating the risks of fraud and disputes. Numia also secured a grant in the $ATOM Zone Build-Out category for their interactive analytics dashboard, which will offer custom data specific to the $ATOM economic zone.
Additionally, Cosmos Millions received a grant in the same category for their DeFi protocol and open-source platform for prize savings. The ATOM Accelerator grant will support their platform's successful launch, with $ATOM being the first pool available.
Come join us on June 7th in Prague for Privacy in Cosmos
Changing incentives
The Interchain Foundation has recently released a blog post highlighting the challenges associated with income volatility in Cosmos blockchains and proposing automated solutions to create a more resilient and balanced economic model for all stakeholders.
The volatility of token values poses a significant challenge for validators, developers, and other contributors who rely on native tokens as income. The fluctuating market cycles can impact their ability to secure the network, allocate funds for development, incentives, and community pools. Recognizing this issue, the Interchain Foundation aims to optimize token payouts, maintain long-term incentive alignment, and foster a thriving ecosystem by enhancing the way tokens are distributed and managed.
One of the proposed solutions is the implementation of a dynamic incentives model that adjusts payouts based on predefined factors such as token value, market conditions, and network health. By doing so, recipients can receive a more stable and predictable income, even during volatile market conditions. The Foundation also suggests the establishment of a stability reserve fund, which would accumulate resources during periods of high token value and distribute them during market downturns. This automated fund would serve as a buffer, mitigating income volatility and providing stability for stakeholders.
Addressing income volatility is essential for creating a sustainable token-based economy in Cosmos blockchains. These proposed solutions aim to optimize the economic model, ensure long-term growth, and align incentives for validators, developers, and the wider community.
Airdrops
Wrap Up
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