Weekly Newsletter: What happened on the Cosmos ecosystem this week? December 11th–17th, 2023

1. ICF Funding Program

The ICF unveiled its 2024 funding program. It has earmarked $26.4 million of funding to foster development and adoption of the Interchain Stack. As promised, the ICF allocated $3.5 million to the engineering teams in charge of the Hub development.

2. Neutron and Cosmos alignment

Following the prop #24 on @Neutron_org, 42.7 million $NTRN have been transferred to the @cosmos Hub community pool. At current prices, these unclaimed tokens from the $NTRN airdrop are worth $42.7 million.

https://governance.neutron.org/proposals/24

3. Burn mechanism on $EVMOS

Following the last @evmosorg proposal, a new burn mechanism is to be adopted on the $EVMOS chain. This includes : Burn ~132.3 million EVMOS tokens from the incentives pool account, burn all Cosmos transaction fees following the Cosmos transaction format deprecation and more

4. Bad Kids everywhere

It has never been so easy to grab a @badkidsart NFT.

@leap_cosmos released http://badkids.shop. Instantly swap $ETH to $STARS and become a Bad Kid in one click! 👿

5. Noble USDC on the raise

Since its inception in march 2023, @noble_xyz issued +$50 million USDC. They just flipped Optimism. At this pace, the $100 million milestone doesn’t seem so far (+$12 million versus last week)

Checkout this figures here: