News/Cosmos Plans to Launch Interchain Security Incentive Testnet in November

Cosmos Plans to Launch Interchain Security Incentive Testnet in November

Oct 21,2022,19:04

With 96.62% support, the Cosmos community has approved a proposal to fund 20,000 $ATOM for the launch of the Interchain Security Incentive Testnet. The testnet is scheduled to launch in November. 20,000 $ATOM (~ $300,000) will be used for the community pool to reward validators participating in the Cosmos Hub testnet. 50% (10,000 $ATOM) will be reserved for Cosmos Hub validators who complete Interchain Security testnet milestones. The remaining 50% (10,000 $ATOM) will be reserved for bonuses to validators who help identify bugs or performance issues or help develop new tools and monitoring solutions.

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