Hydro is demonstrating its potential as a critical piece of Cosmos Hub infrastructure, offering significant opportunities for liquidity optimization and ATOM value accrual. With numerous third-party teams building on the Hydro platform, this grant seeks $350,000 in USDC to establish a supplemental, top-up fund supporting these teams beyond the sunsetting of AADAO. This fund will provide resources to ensure the continued development of Hydro-related solutions by addressing potential gaps or challenges that may arise after the AADAO sunsets at the end of 2024.
The requested funds are explicitly earmarked for third-party teams and projects building on Hydro, with zero allocation to Informal Systems. The fund will serve as a flexible resource to augment existing grants from AADAO or to provide critical bridge funding to ensure the success of key Hydro-aligned initiatives. Any unused funds at the end of June 2025 will be returned to the Cosmos Hub community pool in July 2025.