TL;DR
|
Full Story
ICON’s Contribution Proposal System (CPS) 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 bnUSD stablecoin, which means you won’t have to worry about market volatility while working on your project.
We're happy to share that the latest updates to the CPS are now live. Here's a quick overview of the key changes:
Milestone-Based Voting & Fund Dispersal:
We've transitioned to a milestone-based system for voting and fund dispersal. This change aims to improve our processes' efficiency and transparency, ensuring that resources are allocated effectively and progress is measurable.
Updated Timelines:
Maintenance Mode Off: Maintenance mode has been turned off, ensuring uninterrupted access to the CPS service.
Extended Proposal Period: We'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.
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.
For more information and detailed insights, visit cps.icon.community