Weekly Newsletter: What happened on the Cosmos ecosystem this week? December 11th–17th, 2023
Disclaimer: The information contained in this article and the resources available is not intended as, and shall not be understood or construed as, financial advice. Nothing available on this page should be understood as a recommendation to buy something.
The article aims to present five news/announcements that happened last week on the Cosmos ecosystem.
Our goal at Imperator is to help the community by summarising the most important information that should not be missed.
Here is our top 5 for the week. 👇
- ICF Funding Program
The ICF unveiled its 2024 funding program. It has earmarked $26.4 million of funding to foster development and adoption of the Interchain Stack. As promised, the ICF allocated $3.5 million to the engineering teams in charge of the Hub development.
2. Neutron and Cosmos alignment
Following the prop #24 on @Neutron_org, 42.7 million $NTRN have been transferred to the @cosmos Hub community pool. At current prices, these unclaimed tokens from the $NTRN airdrop are worth $42.7 million.
https://governance.neutron.org/proposals/243
3. Burn mechanism on $EVMOS
Following the last @evmosorg proposal, a new burn mechanism is to be adopted on the $EVMOS chain. This includes : Burn ~132.3 million EVMOS tokens from the incentives pool account, burn all Cosmos transaction fees following the Cosmos transaction format deprecation and more
4. Bad Kids everywhere
It has never been so easy to grab a @badkidsart NFT.
@leap_cosmos released http://badkids.shop. Instantly swap $ETH to $STARS and become a Bad Kid in one click! 👿
5. Noble USDC on the raise
Since its inception in march 2023, @noble_xyz issued +$50 million USDC. They just flipped Optimism. At this pace, the $100 million milestone doesn’t seem so far (+$12 million versus last week)
Checkout this figures here:
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See you very soon Cosmonaut! ⚛️
The Imperator team.
