On Bounties Spending parameters - A Summary

4yrs ago
10 Comments

Opening this post to read your thoughts on the parametrisation of the bounties proposal. I am summarizing below the few opinions read over the weekend in Kusama Direction - please add yours to this thread.

In general:

  • Bounties should span longer periods: the original specification was intended as a governance budget to earmark/budget future expenses. Such budgets should in principle be able to span up to period of a year (or longer but that sounds like a nice upper bound for now). Furthermore, the Council gets to approve everything, so it’d be nice to not be too prescriptive

  • Taken the below into account, bounty duration in the current design is basically just a required heartbeat duration and it doesn't actually describe how long the bounty lives unless the curator disappeared - in the current design you can extend the bounty if needed.

Parameters: https://github.com/paritytech/polkadot/pull/1336/files

Original treasury pallet extension discussion post: https://kusama.polkassembly.io/post/86

Up
Comments
No comments here