Move Stargaze to the Cosmos Hub

Hub Proposals Proposal Ideas
1

I want to begin by making it clear that I’m a community member seeking feedback. I am not affiliated with either the Cosmos Hub or Stargaze teams. However, I sincerely hope that leadership from both sides will engage with this post.

Purpose of This Post

The goal is to understand how the broader community views the potential value and demand for moving Stargaze to the Cosmos Hub. This is a call for input, reflection, and open discussion.

Why Stargaze Matters

Stargaze is the cultural heart of the IBC-connected ecosystem. Most users in the Cosmos community, whether here or on X, use PFPs that were minted on Stargaze.
I, like many others, stayed in Cosmos because of the energy and fun that Stargaze brought to the ecosystem.

I believe it would be a missed opportunity if the Hub did not explore a formal proposal to acquire Stargaze.

The Stargaze community and core team are exceptional. They have built consistently through the hardest times. As a testament to that resilience, they have recently:

  • Integrated AKT and BTC as a supported token
  • Supported a fundraiser for sick children directly on the front page

The Cosmos Hub needs more apps and active users. Stargaze brings both. A closer alignment could strengthen both networks significantly. By doing nothing we risk loosing Stargaze and it’s assets to another ecosystem or worse gone forever.

Revised Acquisition Structure

The original acquisition proposal was significantly overvalued, and I agree with many in the community that excluding the STARS token from the deal makes sense.

If there is community consensus on this revised direction, I would like to move this conversation to the Stargaze governance forum for more formal feedback.

Proposal

Acquire Stargaze for $3.25 million in ATOM to support operational runway and ecosystem migration.
This would represent approximately 7.5% of the Cosmos Hub community pool.

Proposed Funding Tranches:

  • $750k upfront
  • $500K upon Marketplace deployment to the Hub
  • $500K upon Launchpad deployment
  • $500K upon Names deployment
  • $500K upon NFT + Names migration enablement
  • $500K upon STARS token migration

I welcome any constructive feedback and hope this helps spark a meaningful conversation.

2

I don’t understand why anything would be paid. It is already beneficial to both Stargaze and the Hub for them to simply move their contracts over. However, it sort of feels like this is dead in the water. I think Shane was open to the idea because the Hub would have permissionless CosmWasm, but now that the plan has shifted to moving to the EVM, I don’t see Stargaze coming over anymore.

3

Stargaze should migrate to the hub on its own, without permission, buyout, nor funding. The hub doesn’t need Stargaze, the hub will be permissionless and hundreds of applications can be built on it. Stargaze doesn’t count. Stargaze doesn’t have the number of users we’re trying to tell you here, Stargaze should migrate to PSS for better economic alignment between the two blockchains.

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4

Would it not be beneficial for Stargaze if they could open up the doors for the EVM-based community as well?

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5

Certainly reasonable to assume that. Maybe Shane is open to it, I don’t know. I’m just surmising based off what I’ve seen of his public commentary.

6

I love your passion and respect your post. As a validator we believe Stargaze would bring traffic and thus fees to the Hub, which benefits stakers. I use Stargaze and think the merger is a no-brainer. I think everyone agrees. Valuation is the sticking point. I don’t agree that Stargaze should be paid nothing. That’s an insult to the team that has continued to build a great product through a brutal bear market.

I’m in no way involved behind the scenes in any negotiations or discussions between the teams, but my understanding is that some egos got their feathers ruffled. If true, I hope the egos involved can center themselves and put the best interest of the projects’ first.

The Hub community pool is sitting idle and more ATOM is being continually added. Buying a great team and platform with users for 7.5% of the CP instead of 15% makes sense and is certainly something we would vote YES on. I did not verify your math and am simply taking it at face value.

I encourage you to seek consensus from the Stargaze community on the Stargaze forum, get it passed and then bring it here for further discussion and if people think it makes sense, post it on-chain as a Hub prop.

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7

It’s not an insult to the team. People could copy-paste the contracts right now if they wanted to. I don’t see why they would be paid by the CP.

8

Cloning a contract does not come with users or loyal community. They built a business that has value. Plus, the CP funds are idle so why not grow the Hub by acquiring a reasonably priced productive asset?

9

I think we should keep Cosmwasm but the earlier Stargaze prop had plans for an EVM marketplace. There needs to be some kind of payment or incentive for them to build and move their assets over. Do you think DAO DAO, Hydro, or any of the Hub development would have happened without any money behind it?

I would also love to see ETH NFTs on Stargaze.

10

How many users are you looking for? What other applications outside of StrideDEX will launch?

11

Running and operating a product involves much more than just writing contracts. Customer support alone is a major undertaking and that’s just one part of the job.

12

Cosmos hub has already a strong community. Maybe stronger than stars’ one. Certain smart contract Adoption would be easy

13

Please submit your business plan, roadmap and benchmarks with target completion dates to the forum.

14

I don’t see how a community that tries to plunder the hub’s CP with a more than questionable proposal could be a good acquisition for the hub community. Either Stargaze revises its buyout proposal significantly downwards, or the buyout will not happen. Because the hub doesn’t need to spend so much for so little.

15

Many were originally really excited to see Stargaze wanting to merge with the hub… but under these conditions I’d rather we give it up.