Nova Wallet 6th Proposal: Retroactive Reimbursement: Swaps, Seamless DApp Browser, Portfolio View, SwipeGov, New Polkadot Ledger App Support, Runtime Updates, and more!
Full proposal: Nova Wallet 6th Proposal
Feature set of the proposal (see proposal):
Context of the proposal
Nova Wallet is secure, open source, and is the leading app for the Polkadot ecosystem:
In December 2023, our previous (5th) Treasury Proposal was approved, and we have now successfully delivered upon those proposed features and more. Please refer to the Nova Wallet 5th Treasury Proposal report for more details.
Nova Wallet is the most popular Polkadot ecosystem wallet in terms of on-chain metrics on multiple fronts. If we look at staking, currently over 9.6 MILLION DOT has been staked with Nova Wallet by over 12 THOUSAND users – which represents around ~26% of all nomination pool stakers. Nova Wallets validators have 1,565 nominators – which represents around ~5% of all direct staking nominations. Overall ~17% of all DOT stakers are staking via Nova Wallet.
See our recent article from January 2025 which gives an overview of popular wallets and liquid staking protocols in terms of the amount of DOT being staked via these methods.
It is also possible to determine the popularity/market share of different wallets within the Polkadot ecosystem when it comes to in-app swaps thanks to Hydration’s referral code mechanism. In terms of total users that have used one of the ecosystem wallets to carry out swaps within the wallet’s UI, Nova Wallet has an ~83% share of the userbase, and ~70% in terms of the total volume of transactions on Hydration.
This is a retroactive proposal which has not historically been the norm for Nova Wallet, however, due to the evolving nature of Polkadot with frequent runtime updates, we have decided that requesting treasury funds in a retroactive manner is more suitable for our operations. This is because it is not possible to determine ahead of time the amount of work that we have to carry out in order to ensure that breaking changes do not impact our user base. As the most popular wallet in the Polkadot ecosystem, ensuring that our users have the best possible user experience is paramount. As such we will work towards a general roadmap, introducing cutting-edge features just like those have become known for over the past 3 years, whilst also ensuring that our products face no issues due to unforeseen circumstances such as runtime upgrades, and then we will request funds retroactively – allowing the community to validate our work by testing these new features before deciding on their votes for our treasury requests.
Our goal for Nova Wallet is to build and maintain a high-quality, open-source, community-focused, and feature-rich mobile application, that has no network biases and can function with no limitations/restrictions. Nova Wallet is the leading app in the ecosystem by the following criteria:
Apart from developing the open-source Nova Wallet iOS & Android mobile applications, our team is consistently contributing to the Polkadot ecosystem by providing open-source SDKs, design assets, knowledge-sharing sessions, and infrastructure. Examples include:
More Polkadot user-facing products by Novasama & partners:
Find out more about the products Novasama develops in our 2024 end-of-year blog post.
This proposal covers the retroactive reimbursement of deliverables for 9 months as detailed in the Deliverables Table of full proposal.
Please feel free to review the full proposal: Nova Wallet 6th Proposal
Nova Wallet has proposed its 6th plan to add new features like in-app swaps, a seamless DApp browser, an upgraded portfolio view, SwipeGov with AI summaries, and support for a new Polkadot Ledger app. They also want to make governance improvements and runtime updates. Nova Wallet is a popular and secure app for the Polkadot ecosystem, with many users and staking options. This proposal is retroactive, meaning they will work on these features and then ask for funding after they are completed. The goal is to keep improving the app and maintain a high-quality, open-source, and community-focused mobile application. You can read the full proposal here.
Nova Wallet 6th Proposal: Retroactive Reimbursement: Swaps, Seamless DApp Browser, Portfolio View, SwipeGov, New Polkadot Ledger App Support, Runtime Updates, and more!
Full proposal: Nova Wallet 6th Proposal
Feature set of the proposal (see proposal):
Context of the proposal
Nova Wallet is secure, open source, and is the leading app for the Polkadot ecosystem:
In December 2023, our previous (5th) Treasury Proposal was approved, and we have now successfully delivered upon those proposed features and more. Please refer to the Nova Wallet 5th Treasury Proposal report for more details.
Nova Wallet is the most popular Polkadot ecosystem wallet in terms of on-chain metrics on multiple fronts. If we look at staking, currently over 9.6 MILLION DOT has been staked with Nova Wallet by over 12 THOUSAND users – which represents around ~26% of all nomination pool stakers. Nova Wallets validators have 1,565 nominators – which represents around ~5% of all direct staking nominations. Overall ~17% of all DOT stakers are staking via Nova Wallet.
See our recent article from January 2025 which gives an overview of popular wallets and liquid staking protocols in terms of the amount of DOT being staked via these methods.
It is also possible to determine the popularity/market share of different wallets within the Polkadot ecosystem when it comes to in-app swaps thanks to Hydration’s referral code mechanism. In terms of total users that have used one of the ecosystem wallets to carry out swaps within the wallet’s UI, Nova Wallet has an ~83% share of the userbase, and ~70% in terms of the total volume of transactions on Hydration.
This is a retroactive proposal which has not historically been the norm for Nova Wallet, however, due to the evolving nature of Polkadot with frequent runtime updates, we have decided that requesting treasury funds in a retroactive manner is more suitable for our operations. This is because it is not possible to determine ahead of time the amount of work that we have to carry out in order to ensure that breaking changes do not impact our user base. As the most popular wallet in the Polkadot ecosystem, ensuring that our users have the best possible user experience is paramount. As such we will work towards a general roadmap, introducing cutting-edge features just like those have become known for over the past 3 years, whilst also ensuring that our products face no issues due to unforeseen circumstances such as runtime upgrades, and then we will request funds retroactively – allowing the community to validate our work by testing these new features before deciding on their votes for our treasury requests.
Our goal for Nova Wallet is to build and maintain a high-quality, open-source, community-focused, and feature-rich mobile application, that has no network biases and can function with no limitations/restrictions. Nova Wallet is the leading app in the ecosystem by the following criteria:
Apart from developing the open-source Nova Wallet iOS & Android mobile applications, our team is consistently contributing to the Polkadot ecosystem by providing open-source SDKs, design assets, knowledge-sharing sessions, and infrastructure. Examples include:
More Polkadot user-facing products by Novasama & partners:
Find out more about the products Novasama develops in our 2024 end-of-year blog post.
This proposal covers the retroactive reimbursement of deliverables for 9 months as detailed in the Deliverables Table of full proposal.
Please feel free to review the full proposal: Nova Wallet 6th Proposal
Threshold
Dear @🌌 Novasama 🌌/✨👍✨ Day7 ✨👍✨ ,
Thank you for your proposal. Our vote on this proposal is AYE.
The Big Spender track requires 60% quorum according to our voting policy. This proposal has received eight aye and zero nay votes from ten members. Below is a summary of our members' comments:
The referendum received unanimous support, with members praising Nova Wallet as one of the most important and user-friendly wallets in the Polkadot ecosystem. Supporters highlighted the team’s reliability, consistent delivery, and the wallet’s extensive features, which have made it a critical piece of Polkadot infrastructure. The proposal was widely regarded as a clear and deserving "aye."
The full discussion can be found in our internal voting.
Kind regards,
Permanence DAO
I have two questions:
Delivering and shipping, constant improvements, new features—what else? We offer renewed support, yet we aim for long-term self-sustainability.
Threshold
Thank you