TechFlow news: The Cosmos Hub community is currently voting on whether to reallocate the remaining 25,000 ATOM originally designated for Neutron, an ecosystem smart contract platform under Proposal 72, to the Neutron Foundation. These funds will support the development of Neutron and its ecosystem.
The vote will conclude on August 24 and currently has a 97.6% approval rate.
In July 2022, Cosmos Hub passed Proposal 72, allocating 150,000 ATOM for the development of Replicated Security consumer chains, with 50,000 ATOM specifically assigned to Neutron.
By reallocating the remaining funds, Cosmos Hub aims to further support Neutron's growth and strengthen its ecosystem development.
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