Cosmos Hub announced on October 30 that proposal #835 seeking the transfer of 42.7 million tokens from Neutron DAO to Cosmos Hub community pool had passed.The proposal authorises the transfer of 42,727,950 NTRN in airdrop tokens not...
- Cosmos Hub announced on October 30 that proposal #835 seeking the transfer of 42.7 million tokens from Neutron DAO to Cosmos Hub community pool had passed.
- The proposal authorises the transfer of 42,727,950 NTRN in airdrop tokens not claimed.
Cosmos (ATOM) has announced that the proposal to transfer more than 42.7 million tokens from an unclaimed airdrop of the CosmWasm platform Neutron (NTRN), has been approved.
The governance proposal #835 sought to authorise the Neutron DAO to transfer the 42,727,950 NTRN that had not been claimed to the Cosmos Hub community pool.
Cosmos’ proposal and funds’ use
Proposal #835 is approved ✅
42,727,950 NTRN are on their way to the Hub Community Pool!
Establishing a stronger alignment between @Neutron_org and the Cosmos Hub ⚛️ pic.twitter.com/ivpVETLMth
— Cosmos Hub ⚛️ (@cosmoshub) October 30, 2023
The other was that there would be mutual benefit, that the Cosmos network, its governance, and the community would ensure proper use of the funds for long-term benefit to both the Cosmos Hub ecosystem and Neutron.