Prop 93: Cosmos Hub Open Source Funding Policy

This proposal was discussed on the cosmos Hub Forum here: https://forum.cosmos.network/t/cosmos-hub-open-source-funding-policy/8566

We propose the following rules related to all funding decision made by Cosmos Hub funding bodies requesting funds from Community Pool:

Projects receiving funding to deploy chains/consumer chains MUST open source Chain binary code (and any associated smart contracts deployed by the core team receiving funding) prior to mainnet launch. Wallet projects where users store their private keys and interact with the chain MUST be open source to receive funding. These requirements exist to protect users. If the conditions for open source compliance are not met, all funding for the project should be immediately halted. Once open source requirements are met, outstanding funding will be provided as previously agreed.

Furthermore these additional rules shall apply to:

Community pool may only fund open source projects Future grants from community fund treasury may only fund projects where every component is open source. Moreover, as a chain built entirely on public goods, we emphasize that all Cosmos funding should prioritize projects that are entirely open source.

By voting YES you approve that we should adopt the funding policies described above

By voting NO you disapprove of the proposal

By voting ABSTAIN you ABSTAIN from making a ruling.

By voting NO with VETO you express that you would like to see depositors penalized by revocation of their proposal deposit, and contributes towards an automatic 1/3 veto threshold.