Regen Foundation
Status
"As the largest token holder in the Regen Network ecosystem, the Regen Foundation has established various projects. One of the first initiatives was the delegation program, which involves staking tens of millions of $REGEN across a validator set consisting of 75 members. Delegations are recalculated on a monthly basis, taking into account factors such as validator-set prominence, governance participation, community participation, uptime, and carbon-neutral status. This approach aims to optimize decentralization and dynamism.
In early 2022, Regen Foundation granted its first locked token grants, known as “Community Staking DAOs.” Through this process, they realized the importance of creating an educational community around the “enDAOment” process. Consequently, Cohort 1 was launched in the fall of 2022, comprising seven organizations on a pathway to receive $REGEN tokens and participate in governance. Additionally, in 2023, Cohort 2 will be introduced specifically for groups interested in establishing methodologies and listing on Regen Ledger.
Regen Foundation is also a co-founding Limited Partner in the Regen/Cosmos Ecosystem Fund, managed by Cerulean Ventures. The foundation has received donations from Ripple and Biome Trust to further its mission to ensure climate finance ultimately supports sovereign regenerative bioregional economies."
(https://medium.com/regen-network/the-evolution-of-regen-network-ae74febe1edf)