root

Preparing

- Polkadot is starting a big campaign to get more people to use its system.
- It will give away money through airdrops to new users, no wallet needed.
- People can get $50, $100, or $200 for joining early.
- There will be weekly prizes of $250 and bigger monthly prizes.
- A new technology called Project Individuality keeps users anonymous and safe.
- It uses fun games like video calls to confirm real people without personal info.
- The money helps make Polkadot more secure and rewards active users.
- The goal is to bring many new people into the Polkadot community.

Executed

Polkadot People Initiative: Incentives for Mass Polkadot Activation Campaign

Cancelled

Cancelled; community feedback will be taken into account and proposal will be restated later in clearer terms in the coming days.

TimedOut

PLEASE DISREGARD - WRONG TRACK

- Polkadot wants to buy USDT and USDC stablecoins.
- They will trade DOT for stablecoins a little each day.
- This helps the Treasury pay for things without worrying about price changes.
- They will trade 1,320,000 DOT for USDT and the same for USDC.
- Trades happen every 4 minutes using a tool called DCA.
- Stablecoins go to the Polkadot Asset Hub when enough is collected.
- The process takes about 183 days and costs a small fee.

Referendum #1729 - OpenGov proposal: Treasury USDT & USDC.

- Polkadot wants to buy USDT and USDC stablecoins to pay for things without worrying about price changes.
- They plan to trade 2,640,000 DOT for equal amounts of USDT and USDC.
- They will use a special tool to trade a little bit every day for about 6 months.
- This helps avoid big price swings and saves money on fees.
- They will also lend 1,000,000 DOT to earn extra yield.
- The stablecoins will be sent to the Polkadot Asset Hub for safekeeping.
- This proposal is similar to an earlier one but includes extra steps for lending.

Referendum #1728 - OpenGov proposal: Treasury USDT, USDC & aDOT acquisition

please ignore

- A group called ChaosDAO, JUST Ventures, and Hydration proposed to get stable money (USDT and USDC) using Polkadot's treasury.
- They want to change 5,001,000 DOT into equal parts of 2,500,000 DOT into USDT and USDC over a year.
- This plan will help keep the value of the treasury steady and safe for future expenses.
- They will sell small amounts of DOT regularly to avoid big price changes and make the process efficient.
- They are using a special method called DCA (Dollar-Cost Averaging) to make the exchange smoother.
- The proposal also aims to use some of the funds to earn interest while they are waiting to convert.
- This plan involves sending funds to different places using a process called XCM.

Renewal of treasury USDT and USDC Acquisition

- There was a problem where an attacker took control of some important keys, preventing funds from being accessed.
- To fix this, a plan was made to move the funds to a safe account that no one controls.
- The plan involves two main steps: first, stopping the attacker's control, and second, sending the funds back to users later.
- They have a limited time of 16 days to act and need to pass a new proposal quickly.
- They worked with experts to ensure the plan is secure and well-reviewed.
- The proposed changes include removing the attacker's access and securing the affected funds.
- Tests show that their strategies were successful in a practice environment, helping them regain control and protect the money.

Emergency Response Plan for Securing 200,000 DOT

- An attacker stole over 312,185 DOT and 126,837 USDT from a parachain.
- The attacker gained control by upgrading the runtime with malicious code.
- They moved most of the stolen funds to exchanges and sold them for XMR.
- The attacker still has control over the parachain, putting more DOT at risk.
- A runtime upgrade is needed to stop further losses and secure user funds.
- The upgrade will restore control and remove the attacker's privileges.
- Efforts are being made to recover stolen funds and improve security.
- The community is being kept informed and encouraged to provide feedback.

Critical Runtime Upgrade to Prevent Further Exploitation

Dear Polkadot Community,

We are responsible for the proposal about Parallel Finance's governance takeover. We think we will fail, but we want to return control to the right people, not the Parallel Finance team. They did bad things and tried to hide their actions. We have evidence of their wrong actions.

Here are some important addresses related to Parallel Finance:
1. PF1: Main account controlled by Yubo
2. PF2: Old sudo account, also controlled by Yubo
3. TC3: Technical council account controlled by Yubo
4. 0xrjman: Key engineer and council member involved in bad activities
5. PF3: Another account
6. PF4: Manages all tokens and can create or remove them
7. PF5 and PF6: Accounts that moved a lot of money to other places

Parallel Finance did many bad things, like secretly moving tokens, creating and removing tokens, and changing rules to hurt users. We have examples of these actions, but there are too many to list.

We think Parallel Finance took more than 2 million DOT and other currencies, which is worth a lot of money. We hope that other groups will help keep the system working and safe.

We will wait for the Polkadot community to decide what to do.

Subject: Parallel Finance Guilty- Request for Investigation

- Some projects can't access their Polkadot OpenGov funds on Asset Hub because the pure proxy multisig setup only works on the relaychain.
- To fix this, the setup needs to be replicated on Asset Hub using guidelines by Basti, a Polkadot Technical Fellowship Grand Architect.
- Projects with inaccessible funds include Heroic, PBA, Polytope Labs, and the Social Media Editorial Board.
- The Social Media Editorial Board recently received their funds after a referendum was submitted.
- A new referendum is being resubmitted with an updated call to help other projects access their funds.
- The pure proxy setup has been tested on Asset Hub using Chopsticks.
- A screenshot shows the successful test of the pure proxy setup on Asset Hub.

Pure Proxy Replication for accounts with inaccessible funds on Asset Hub

[DO NOT PLACE DECISION DEPOSIT] Check the new referendum submitted

- The Polkadot Ambassador Fellowship Manifesto aims to improve a program based on community feedback and past experiences.
- It focuses on learning from mistakes and creating a strong plan for the future.
- The manifesto emphasizes teamwork and community support instead of competition.
- It seeks to rebuild shared values and principles to bring people together.
- The program is designed to be easy to join, but also organized and structured.
- It invites everyone to participate and helps them find their own paths in the community.
- The goal is to create a strong, decentralized community that lasts over time.

The Polkadot Ambassador Fellowship

Please reject/ignore.

[Root] Please reject/ignore

- A new referendum proposes converting part of Polkadot Treasury's DOT assets into stable coins (USDT and USDC).
- Similar to Referendum 457, it uses Hydration's DCA feature to sell a fixed amount of DOT daily.
- The conversion plan spans one year.
- Unlike Referendum 457, this proposal sells a fixed amount of DOT per trade, not a fixed amount of stable coins.
- For more details, methodology, and calculations, see the [proposal document](https://docs.google.com/document/d/113gRdJ-LxqbzhSZZOewL1XPLINjOG0oFtNM9IZVQFX8/edit).

WHO: Polkadot Treasury

WHAT: Gradually convert part of DOT assets into stable coins (USDT and USDC) using Hydration's DCA feature to sell a fixed amount of DOT per day.

PRICE/TIMEFRAME/RESOURCES: Not specified. Refer to the proposal doc for more details.

Convert Part of DOT Assets to Stablecoins

DAO designs today use network treasuries that start with speculation. These treasuries can cause problems and don't help people work together smarter. A new idea is to create a special type of network token that can only be used for specific goals on the network. This helps the network's own stablecoin grow and keeps the money within the network. There is a picture to help explain this idea. There is also information about similar ideas from the past.

WHO: Not specified
WHAT: Proposing an alternative approach to current DAO designs by minting illiquid/vesting network token for on-chain impact and driving economic adoption of native stablecoin issued by Brale with yield staying within ecosystem.
PRICE/TIMEFRAME/RESOURCES: Not specified.

forceSetBalance treasury to 0

whitelisted_caller

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

small_tipper

big_tipper

small_spender

medium_spender

big_spender

Referenda Root

Origin able to dispatch a whitelisted call.

Origin for signaling that the network wishes for some change

Origin able to cancel slashes and manage minimum commission.

Origin for spending up to 10,000,000 DOT from the treasury as well as generally administering it.

Origin for managing the composition of the fellowship.

Origin able to spend around 250 DOT from the treasury at once.

Origin able to spend around 1,000 DOT from the treasury at once.

Origin able to spend around 10,000 DOT from the treasury at once.

Origin able to spend around 100,000 DOT from the treasury at once.

Origin able to spend up to 1,000,000 DOT from the treasury at once.

[0] Origin: Root