Origin for signaling that the network wishes for some change

wish_for_change

In 2023, Laurent Koehler, Co-Director of the Founder Institute in Hong Kong, planned to launch a Web3 vertical in 2024 to help investors and applicants. He worked with a Web3 Advisor to explore opportunities for the Polkadot ecosystem. On March 15, 2024, they signed a Memorandum of Understanding (MOU) to onboard mentors and develop co-marketing initiatives.

The Founder Institute is the world's largest pre-seed startup accelerator, founded in 2009. It helps early-stage startups succeed and has expanded globally, operating in over 200 cities. Alumni have raised over $1.75 billion in funding, and the portfolio value exceeds $30 billion. The Institute supports ongoing growth through post-program benefits like introductions to partners and investors.

The Founder Institute will launch its first Web3 cohort in its Core Program, starting on May 28, 2024, and ending on September 3, 2024. Polkadot will be a key program partner, providing support from its network of experts. The collaboration will help Polkadot gain exposure to new companies, projects, investors' networks, and raise awareness within the Founder Institute network.

Both the Founder Institute and Polkadot have responsibilities in this collaboration, such as providing mentors, presenting at program sessions, and creating special offers for enrolled founders. The MOU serves as a formal agreement between the parties, outlining their roles and responsibilities. Irina Karagyar, a Polkadot Head Ambassador, will sign the MOU on behalf of Polkadot, ensuring the agreement aligns with community decisions and the decentralized ethos of Polkadot.

Executed

WHO: Polkadot and the Founder Institute

WHAT: Polkadot will onboard mentors and develop joint co-marketing initiatives with the Founder Institute to enhance business offerings for investors and applicants. Polkadot will recommend a mentor(s) from the ecosystem, present at the required program session(s), and provide any marketing collateral necessary. The Founder Institute will provide online and onsite branding for Polkadot, introduce all enrolled founders to Polkadot, and allow Polkadot to present at any desired session.

PRICE/TIMEFRAME/RESOURCES: The collaboration will take place from May 28, 2024, to September 3, 2024, during the Founder Institute's first Web3 cohort. The collaboration is strategic and will enable the Polkadot ecosystem to gain essential exposure to new companies and projects, investors' networks, and to establish a presence and raise awareness within the Founder Institute network. The MOU will be considered a liabilities exempt Pilot Project between the parties.

Pilot MOU Proposal for a Collaboration between the Polkadot Ecosystem and the Founder Institute:

- The proposal defines Polkadot 2.0 around the concept of Coretime.
- Polkadot 2.0 will include three main features: Agile Coretime, Async Backing, and Elastic Scaling.
- Agile Coretime lets parachains get and use coretime more easily.
- Async Backing allows parachains to send blocks to the main Polkadot chain more flexibly.
- Elastic Scaling gives parachains the ability to use extra resources when needed. 
- If accepted, the first version with these features will be called Polkadot 2.0.
- The Technical Fellowship will decide on the details and timing of these features.

WHO: The stakeholders voting AYE on this proposal.

WHAT: Define Polkadot 2.0 with three epic features - Agile Coretime, Async Backing, and Elastic Scaling.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Polkadot 2.0 Definition

**Summary:**

- Users can nominate projects with their DOT tokens.
- Nominated projects receive funding from a constant stream of DOT taken from inflation.
- Funding is distributed based on the proportion of DOT used to nominate each project.
- Full details are available in a Google Docs document or an IPFS-saved PDF.
- There is a Telegram discussion group for this proposal: @parachainstaking.

**WHO:** Parachainstaking

**WHAT:** Allow users to nominate whitelisted projects with DOT, funded by a constant stream of DOT taken from inflation and distributed to projects based on the proportion of DOT that has nominated them.

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

Implement Optimistic Project Funding

- **Current Spending Periods**: Currently set at 24 days, these periods cause delays in funding.
- **Referendum Process**: It takes up to 28 days for a referendum to pass.
- **Confirmation Time**: An additional 7 days are needed for confirmation.
- **Cumulative Delay**: If confirmation ends on the first day of a new spending period, another 24 days are required, totaling up to 2 months.
- **Arbitrary Duration**: The 24-day period is considered arbitrary and problematic.
- **Proposal for Change**: Suggest reducing the spending period to the shortest possible time, ideally one day or one week if technically feasible.
- **Purpose of Change**: The shorter the period, the less uncertainty and quicker the funding process.

Proposal: **Reduce spending period to shortest possible time, ideally 1 day, or max 1 week, to avoid 2-month wait for funds.** Current 24-day period causes unnecessary uncertainty. Timeframe/resources not specified.

Reducing duration of spending periods

- The Polkadot EVM Collective is a group that works on everything related to EVM (Ethereum Virtual Machine) on Polkadot.
- It has four main goals: standardizing EVM changes, making development transparent, creating a roadmap, and providing expert advice.
- Members are ranked as Junior or Senior, and their roles define their responsibilities, like maintaining projects or editing documents.
- The collective uses a flat ranking system, meaning ranks only affect voting power, not other benefits.
- Members must stay active by participating in regular checks, or they lose voting rights and roles.
- The collective plans to have its own salary and treasury system, but funding will be decided by Polkadot referendums.
- Small collectives are preferred over one big group because they are faster, clearer, and easier to manage.

WHO: Polkadot EVM Collective
WHAT: On-chain technical collective for EVM standardization, development and maintenance, creating an inclusive roadmap, and providing expert opinions
PRICE/TIMEFRAME/RESOURCES: Salary and sub-treasury system for future use with values set to 0, any increase or funding only done through Polkadot referendums. Inactivity check utilized to ensure active members, with ranks and roles defining voting power and responsibilities. Seeding members subject to final vote of a root referendum. Small collectives deemed more effective for carrying out tasks. Flat ranking system with two ranks and separate concept of roles to define responsibilities.

Approve the Polkadot EVM Collective

root

whitelisted_caller

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 Wish For Change

Origin able to dispatch a whitelisted call.

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.

[2] Origin: WishForChange