Rejecting Gov1.0 Treasury Proposals and Facilitating Bond Reimbursement where applicable

Dear community,

With an upcoming runtime upgrade we should see the decommissioning of Governance 1.0 on the Polkadot network. Associated with this are several unlocks of deposits including those associated with Treasury Spend Proposals. There are already several teams who have requested immediate return of their deposits via tips or spend proposals on OpenGov or tips on Gov 1.0.

This referendum seeks to reduce the number of refund requests and prevent double spends by:

Slashing treasury deposits already returned to proposers
Slashing treasury deposits for proposers who have pending OpenGov proposals requesting or incorporating same
Slashing Gov 1.0 tips and treasury deposits for applicable proposers. The proposers would have their treasury funding and tip deposit returns to their respective accounts
Treasury deposits would be slashed and refunded to all those not matching the criteria to any of the above

The list of recipients was determined with collaboration with Otar who been keeping track of such refunds.

Regards,

Polkadot network is upgrading, ending Governance 1.0.
Deposits from Treasury Spend Proposals will be unlocked.
Some teams want their deposits back immediately.
A new rule will slash deposits to prevent double spending.
Proposers with pending OpenGov proposals might lose deposits.
Gov 1.0 tips and treasury deposits will also be affected.
Deposits will be refunded to those not matching the criteria.
The list of recipients was made with help from Otar.

Source

Dear community,

With an upcoming runtime upgrade we should see the decommissioning of Governance 1.0 on the Polkadot network. Associated with this are several unlocks of deposits including those associated with Treasury Spend Proposals. There are already several teams who have requested immediate return of their deposits via tips or spend proposals on OpenGov or tips on Gov 1.0.

This referendum seeks to reduce the number of refund requests and prevent double spends by:

Slashing treasury deposits already returned to proposers
Slashing treasury deposits for proposers who have pending OpenGov proposals requesting or incorporating same
Slashing Gov 1.0 tips and treasury deposits for applicable proposers. The proposers would have their treasury funding and tip deposit returns to their respective accounts
Treasury deposits would be slashed and refunded to all those not matching the criteria to any of the above

The list of recipients was determined with collaboration with Otar who been keeping track of such refunds.

Regards,