Merkle Science paving the way for institutional adoption and DeFi Innovation

21hrs 17mins ago
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100KDOT
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Decision28d
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4d
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100%Aye
0%Nay
Aye
6.01MDOT
Nay
1.64KDOT
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0.06%
1MDOT
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1.57BDOT
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"Before submitting this proposal on-chain, we are inviting feedback to ensure your views and perspectives are incorporated. Over the past months, Merkle Science has been approached by the community, Parity, and the Web3 Foundation to support the next growth chapter of the Polkadot ecosystem—the Asset Hub."

It's already on-chain ser.

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The whole proposal is written by ChatGPT... to do things we have already funded before.

Yeah, No.

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PolkaWorld voted AYE!

Unanimous support!

Given the current importance of Polkadot Hub and its roadmap’s focus on introducing DeFi, we believe that bringing in a security and compliance company to support the Asset Hub’s compliance and attract financial institutions is a crucial step!

However, the proposal mentions potential benefits (an “estimated $1 billion in capital inflow”), but lacks detailed quantification (quarterly or staged progress) and evaluation criteria (such as growth rates, number of actual partnerships, or the amount of capital introduced). We hope the team can supplement the proposal with specific KPIs, clear quantitative indicators, and verification mechanisms.

Check out the full feedback here!

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OG Tracker Rating 3/3

Clear display of deliverables✅

  • The Hub Ingestion
  • Address Risk Scoring, Transaction Monitoring & Flow of Funds Capabilities
  • Custom API
  • Bridge and DeFi Parachain Coverage

Clear display of a valid direct point of contact ✅

Clear display of proposal’s duration✅

  • The duration of this proposal is 12 months.

OGT Rating aims to help voters make better informed decisions and direct proposers towards certain common-good practices. We are providing feedback based on 3 simple yet crucial criteria which we believe should be included in every OpenGov referenda.

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