This grant will bridge the gap between the Pryzm mainnet beta and the launch of the Pryzm token. Built using the Cosmos SDK, Pryzm has been part of the builders program’s first cohort, collaborating closely with the team for over two years. We are strongly aligned with the success of ATOM, using it as our primary asset for gas fees, leveraging the LSM module, restaking ATOM to secure our chain, and enabling liquid voting with ATOM.
As we approach mainnet, our costs have increased significantly, and we would greatly appreciate support from the ATOM Accelerator to extend our runway. Although our delegators have graciously supported us, their contributions fall significantly short of covering our expenses. We believe Pryzm will greatly enhance the utility and yield of ATOM, and we kindly request assistance from the ATOM Accelerator for the next few months.