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

treasurer

- A group called Autonomous Projects wants to create the Polkadot Community Foundation.
- The Foundation will help Polkadot tokenholders do things in the real world, like signing contracts and paying bills.
- They need $600,000 to start the Foundation and run it for one year.
- The Foundation will follow rules set by Polkadot's on-chain governance system.
- It will have a team of directors and a supervisor to make sure everything runs smoothly.
- The Foundation will be based in the Cayman Islands.
- Tokenholders can vote to change or stop the Foundation if they don't like how it's working.

Executed

Proposal: Establish the Polkadot Community Foundation to represent DOT holders IRL

Rejected

vote NAY

TimedOut

- The Treasury now has USDT and USDC.
- A proposal system uses the Asset Rate pallet to decide how much money can be spent.
- Three asset rates are created: one for DOT, one for USDT, and one for USDC.
- The rate for DOT is 1 (DOT to DOT).
- The rate for USDT and USDC is set to 10 USD(X), shown as 1000 in the proposal.
- This rate helps decide if a spending proposal is small, medium, or big.
- In the future, rates will update automatically using the Asset Conversion pallet.

**WHO:** The proposal is made by an unknown individual. 

**WHAT:** The proposal creates three asset rates, one for DOT and two for USDT and USDC (each). 

**PRICE/TIMEFRAME/RESOURCES:** Not specified.

Set Asset Rates for Treasury Assets

- A new program called the AMI Bounty Program has been created to help with marketing for the Polkadot brand.
- The program is run by passionate community members who want to share good ideas for marketing.
- They have changed some plans, like removing $1 million Treasury refunds and increasing administrative spending.
- The total funds requested have been lowered to 94,156 DOT.
- There will be refunds to the Treasury if marketing money is spent outside of this program.
- More details and documents about the program are available for review.
- The program is inspired by a previous project called referendum 323 on Kusama.

The AMI Bounty Program proposes to curate marketing, media, and advertising for the Polkadot brand. The total requested amount is 94,156 DOT (EMA 30= $9.534724), and the excess DOT will be refunded to the Treasury. For more details, refer to the provided links.

AMI Bounty Program

Replaced by Proposal #551 Amharic Chain Polkadot Academy to Small Spender Track

- There is a plan to clean up some bounties on Polkadot.
- Ten bounties are being considered to close.
- The reasons for closing them include:
  - They are inactive or outdated.
  - They don't have enough information.
  - The curators' time has expired.
- Closing these bounties will return leftover money to the treasury and remove any curators.

WHO: Polkadot

WHAT: Cleanup of 10 bounties (#13, #18, #20, #21, #23, #25, #26, #29, #34, #35) due to inactivity, lack of information, and expired curators.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Bounty Cleanup Proposal

- A group is planning to assign a Curator soon.
- This is because they expect a referendum to pass in 9 days.
- They want the Curator ready by the end of January.
- The proposed Curators are FrankyWild, Tim Jansen, and Husni.
- Two out of three signatures will be needed to approve the Curator.
- These people are part of the System Parachain Collator on Kusama.
- They have shown they can do their jobs well according to rules set in a proposal.

WHO: System Parachain Collator bounty members FrankyWild, Tim Jansen, and Husni.

WHAT: Proposal to assign a Curator for timely payouts after the passing of referendum 363.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Assigning a Curator to Bounty 32 (System Parachain Collator Bounty)

The proposal aims to upgrade Kusama to v9370, which includes improvements to staking admin track, contract address derivation, and weights. The proposal is submitted as a referendum in OpenGov, and the Kusama community needs to approve it. The resources and timeframe are not specified.

- 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.

WHO: Polkadot network

WHAT: Proposal to slash treasury deposits and Gov 1.0 tips for proposers who have pending OpenGov proposals requesting or incorporating same, and refund treasury deposits to those not matching criteria.

PRICE/TIMEFRAME/RESOURCES: Not specified.

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

- GenesisDAO is a special blockchain for creating and managing groups called DAOs.
- It got $100,000 to help build its main features.
- The team finished the back-end and is working on the front end for better user experience.
- GenesisDAO is currently running on a test network.
- The team's code is open for everyone to see and use.
- They are also making tools that allow other developers to customize their blockchain.
- Deep Ink Ventures is the group behind GenesisDAO, focused on helping blockchain startups.

GenesisDAO received a $100,000 grant from the W3 Grants Program to develop a Substrate-based blockchain for Decentralized Autonomous Organizations (DAOs). They have completed the backend and Substrate development and are now perfecting the frontend flow. GenesisDAO is already operating on testnet, and the code is open source. They are currently working on a hook point framework to build plug-ins and extensions to customize the core functionality of a substrate-based chain. Within this treasury proposal, they are introducing the first components for this.

[11] Origin: Treasurer