Cosmos Hub Grant deployed by Atom Accelerator DAO (AADAO) to Hypha Worker Co-operative for Cosmos Hub Testnet Incentive Program (renewal)
Amount Approved: $77,000
Status: In Progress

Cosmos Hub Testnet Incentive Program (renewal) – 2024 H2

The introduction of Partial Set Security (PSS), also known as ICS 2.0, in the recent Gaia v17 software upgrade for Cosmos Hub, brings forward a more complex economic framework for network participants. To address this transition and provide further network support, Hypha Worker Co-operative, renowned for its management of testnets and governance improvements, has secured two grants, one for the ISLE testnet with a funding of $50,000 in USDC to provide incentives for testnet participation, and a second for the “day-to-day” Testnet Incentives program with a funding of $77,000 in USDC. [note: by time of publication, only $30k of the $50k for ISLE testnet was used, with the remaining $20k being returned back to AADAO. Learn more here.]

ISLE testnet aimed to prepare the Cosmos Hub for this transition through comprehensive education and incentivized participation in the testnet. Through this effort, Hypha sought to raise awareness about the positive effects of PSS and ISC 2.0 on the Atom Economic Zone (AEZ), enhancing validator and stakeholder confidence. The ISLE testnet has been successfully completed, find the results report here.

After an already successful pilot program that began last year, the six-month Testnet Incentives Program aims to support Cosmos Hub validators’ participation in the Hub’s Interchain Security testnet — where new software is tested and new consumer chains are initially onboard — by incentivizing validators to reliably participate, providing feedback to consumer chain teams, helping other validators join the testnet, and more.

By leveraging their experience from past successful initiatives, such as the Game of Chains incentivized testnet, Hypha is poised to facilitate a smooth transition to PSS and increase overall mainnet validator participation, significantly supporting the advancement of the Cosmos Hub.

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About Hypha Worker Co-operative
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Hypha collaborates with communities to build better relationships with technology. The Hypha does Cosmos team has been a core contributor to the Cosmos Hub since 2022, spearheading multiple incentivized programs.

Current Status: In Progress
Funding Program: Regular Grants
Funding Category: Interchain Security

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $77,000
Amount Approved: $77,000 (100%)
Amount Paid: $57,000 (74%)

Date Applied: Apr 12, 2024
Date Approved: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence May 08, 2024 (3 weeks)
Expected Completion Date: A date that we expect this grant's deliverables to be completed by. This of course accounts for external dependencies (e.g. governance votes), but is not a strict condition on some grants. Oct 30, 2024

Payments Made: View the DAO DAO prop on our Grants Wallet or Mintscan of the transaction $17,000 (Jul'24) $20,000 (Aug'24) $20,000 (Oct'24)

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