ICON

ICON’s <a href="https://cps.icon.community/" rel="noopener noreferrer nofollow">Contribution Proposal System (CPS)</a> is one of the most innovative and accessible grant programs in the blockchain ecosystem. It’s operated in a fully transparent and decentralized manner, and doesn’t require KYC checks for applicants. The CPS pays out via the <a href="https://balanced.network/stablecoin/" rel="noopener noreferrer nofollow">bnUSD stablecoin</a>, which means you won’t have to worry about market volatility while working on your project.We&#39;re happy to share that the latest updates to the CPS are now live. Here&#39;s a quick overview of the key changes:Milestone-Based Voting &amp; Fund Dispersal:<ul><li>We&#39;ve transitioned to a milestone-based system for voting and fund dispersal. This change aims to improve our processes&#39; efficiency and transparency, ensuring that resources are allocated effectively and progress is measurable.</li></ul>Updated Timelines:<ul><li>Maintenance Mode Off: Maintenance mode has been turned off, ensuring uninterrupted access to the CPS service.</li><li>Extended Proposal Period: We&#39;ve listened to your feedback and extended the proposal period by an additional 5 days, giving you more time to refine and submit your proposals.</li><li>Shortened Voting Period: On the other hand, the voting period has been reduced by 5 days. This change is designed to speed up our decision-making process, allowing us to move projects forward more quickly.</li></ul>For more information and detailed insights, visit<a href="https://cps.icon.community/" rel="noopener noreferrer nofollow"> cps.icon.community</a>

Milestone-Based Voting Implemented Successfully in CPS Updates Deployment

ICON Network

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