The AEZ Quadratic Grant has officially begun its voting promotion period on the DoraHacks platform, marking a significant milestone in the allocation of resources for public goods and open-source projects within the application chain ecosystem. The voting period will determine the allocation of the second round of the AEZ Quadratic Grant, which consists of 8,000 ATOM and 20,000 USDC.

The cutoff time for this round of voting is June 20th, after which any regular quadratic funding from the community will be counted towards the next round of funding. This initiative aims to ensure a fair and democratic distribution of resources, encouraging community participation and engagement in the decision-making process.

The AEZ Quadratic Grant is a significant development in the CosmosHub ecosystem, as it provides a platform for community-driven decision-making and resource allocation. The grant is designed to support public goods and open-source projects within the application chain ecosystem over the next two years, with a total allocation of one million dollars.

In this round of quadratic governance, users can participate in both Quadratic Funding (QF) and Private Quadratic Voting (MACI-QV). The direction of this round of funding will be jointly determined by these two governance methods. The allocation of 20% of the funding will be determined by the results of the MACI Quadratic Voting, while the remaining 80% will be determined by the results of the regular community quadratic funding.

The AEZ Quadratic Grant is a testament to the commitment of the CosmosHub ecosystem to promoting community-driven decision-making and resource allocation. The grant's focus on supporting public goods and open-source projects aligns with the ecosystem's mission to foster innovation and collaboration within the application chain ecosystem.