SQD (fka Subsquid) - Public data indexing Infrastructure for Polkadot and Kusama (Q2 2024)

Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is NAY.

The Medium Spender track requires 50% quorum and simple majority of all voters according to our voting policy. This proposal has received one aye and four nay votes from ten members, with two members abstaining. Below is a summary of our members' comments:

The voters expressed mixed opinions on the referendum, highlighting the need for certain adjustments. Many acknowledged the tool's utility and potential benefits for the community but criticized the request for funding in DOT rather than stablecoins. Abstentions were noted due to concerns about cost fluctuations, while several voters explicitly opposed the proposal, advocating for a model where funding requests are made in stablecoins.

The full discussion can be found in our internal voting.

Kind regards,
Permanence DAO