Card_Grant_Informal Systems
Amount Approved: $75,000
Status: In Progress

Scaling ATOM via Hydro DAO Infrastructure Upgrade by Numia and Valence

This grant funds critical upgrades to Hydro, the Cosmos Hub’s decentralized liquidity management platform. Key initiatives include integrating Numia’s data indexing service for transparent metrics tracking and Valence’s automation tools for protocol-owned liquidity (PoL) management. These enhancements improve transparency, scalability, and security for Hydro, benefiting ATOM holders and ecosystem builders.

About Hydro team @ Informal Systems
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Informal Systems and key contributors to the Hydro platform will oversee this fund to ensure alignment with the Cosmos Hubs strategic priorities. This team has extensive experience in governance facilitation protocol design and developer engagement.

Current Status: In Progress
Funding Program: Regular Grants
Funding Category: ATOM as Interchain Money

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $350,000
Amount Approved: $75,000 (21%)
Amount Paid: $0 (0%)

Date Applied: Nov 28, 2024
Date Approved: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Dec 17, 2024 (2 weeks)

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