Incognitee: Privacy Sidechain on Polkadot Asset Hub (Retroactive)

Medium Spender
11d ago
5 Comments
Deciding
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201.14KUSDT
Status
Decision28d
Confirmation4d
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0
Tally
39.3%Aye
60.7%Nay
Aye
7.96MDOT
Nay
12.31MDOT
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support0.10%
1.5MDOT
Issuance
1.55BDOT
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Nye.
In your Full Proposal Document link, I found the Usage Analysis.
The usage number does not look good. It is way too small to provide any valid privacy.
https://assethub-polkadot.subscan.io/transfer?address=14UsSvuFHWMTNhjkHcRt9gw1TogeWzg6zydVsHqK9EXhWHy9&token_category=native&token_category=asset&token_category=foreign_asset&page=1&page_size=25
Just not something I expect for at least year.

I feel it as a very bad sign and doubt the neccessarity of continuing support from treasury.

Hope my comment can warn the team and leads to your prosperity.
PS: No offence, I know integritee is a good porject working on TEE topic.

Edited

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Dear Proposer,

Thank you for your proposal. Our second vote on this proposal is AYE.

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

The voters expressed a range of opinions on the referendum, with some supporting the initiative as a necessary public good aimed at enhancing privacy within the Polkadot ecosystem. Many acknowledged the project's potential but raised concerns about the lack of clarity regarding funding, repayment mechanisms, and future proposals. While some voters emphasized the need for community adoption and marketing efforts, others called for more detailed financial transparency before proceeding. Overall, there was a consensus on the importance of the project, albeit with significant reservations.

The full discussion can be found in our internal voting.

Please feel free to contact us through the links below for further discussion.

Kind regards,
Permanence DAO
Decentralized Voices Cohort IV Delegate

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