Threshold
As noted in our call, please consider a revenue share model, not just the regular conversion of revenue into DOT. The treasury has no obligation to fund non-public-good private businesses. Nay.
OG Tracker Rating 3/3
Clear display of deliverables✅
Clear display of a valid direct point of contact ✅
Clear display of proposal’s duration✅
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.
PolkaWorld has voted AYE after further communication with the team.
Our initial concern was that the project seemed more suited for VC backing. However, after the team reached out in our Telegram group seeking feedback, we revisited the discussion — specifically around whether a return of value to the Treasury would be appropriate.
The team has since responded and committed to returning a portion of tokens to the Treasury in the future. They have also updated the proposal to reflect this commitment. Based on this clarification, we have decided to support the proposal.
You can read our full feedback here.
Dear Proposer,
Thank you for your proposal. Our first vote on this proposal is NAY.
The Medium Spender track requires 50% quorum (at least 5 aye votes) and simple majority of non-abstain votes according to our voting policy v0.2, and any referendum in which the majority of members vote abstain receives an abstain vote. This proposal has received three aye and four nay votes from ten available members, with one member abstaining. Below is a summary of our members' comments:
Some voters expressed skepticism about the project's viability, arguing against using treasury funds for private ventures and suggesting alternative funding models, like revenue sharing or an angel investing fund. Others showed support, highlighting the project's potential as a use case for Polkadot and acknowledging the team's commitment and prior efforts. Ultimately, the votes reflected a mix of caution and optimism regarding the project's alignment with the treasury's goals and the broader Polkadot ecosystem.
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
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Edited
JAM Implementers DAO votes NAY on this proposal
The key reasons:
🔻 Unresolved accountability from prior funding
In Referendum #1114, Cyborg received $182,275 USDT to launch its mainnet and EdgeCloud platform. Many deliverables — including EdgeCloud, miner rollout, and the full Phase 1–2 roadmap — remain either delayed, incomplete, or poorly documented.
No clear audit, no third-party verification, and no transparency on how the 6-month execution timeline was followed. That sets a worrying precedent.
🔻 This proposal lacks clear milestone completion
#1637 builds upon #1114 without fully clarifying what was actually delivered. Important questions — such as whether EdgeCloud is live, whether Phase 1 was ever completed, and whether the miner is fully deployed — are still met with vague answers or shifting timelines.
🔻 Strategic pivots ≠ fulfilled commitments
While we appreciate that the Cyborg team responded to community questions and acknowledged pivots, the scale of divergence from the original plan undermines Treasury credibility. Web3 demands transparent iteration — not retroactive justification.
We encourage the team to reapply in the future — but only after:
TruthDAO votes NAY.
This proposal appears to be more about advancing the team’s own business rather than broadly supporting the Polkadot ecosystem. Its contribution to DOT’s value is also not particularly clear.
A bigger concern lies in the promise to return value to the Treasury — but is there really a viable mechanism for converting those funds into assets that are broadly acceptable to the community?
Overall, the proposal’s impact on the Polkadot ecosystem seems limited. As a project planning to issue its own token, traditional fundraising may be a more appropriate path.
We believe that commercially oriented projects should pursue market-based funding for their early development. The Polkadot Treasury should not support such proposals at this stage. Instead, it would be more effective to consider Treasury incentives after the product launches, to help accelerate adoption and market fit.
You can read our full feedback here.
📖Truth DAO Governance Statement
🗳️ Delegate
The proposal claims to "enhance DOT utility," while it requests funding in USDC, not DOT!