Cosmos Hub announced its first venture funding project is the DeFi Layer1 application chain Elys Network

ChainCatcher news, ATOM Accelerator DAO (AADAO) announces its first venture funding project as the integrated DeFi Layer1 application chain Elys Network for Cosmos Hub, with both parties reaching a strategic cooperation.

The venture funding project for Cosmos Hub is deployed through AADAO, aiming to invest in high-growth early-stage projects within the cross-chain ecosystem. Through the Cosmos Hub venture funding project deployed by AADAO, the Cosmos Hub community fund pool will receive a substantial amount of ELYS tokens.