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

medium_spender

### Summary of OpenBrush Proposal

- **OpenBrush** is a tool for developing WASM smart contracts in the Polkadot ecosystem.
- The proposal for funding OpenBrush was initially approved on Kusama OpenGov with a 79.4% majority.
- A second funding request failed, but there were no delivery issues reported.
- OpenBrush is used by many projects, including AlephZero, Astar Network, and Phala Network.
- The goal is to continue developing OpenBrush to support the growth of WASM smart contracts.
- OpenBrush is considered a core infrastructure product for ink! dApps.
- The proposal seeks retroactive funding from Polkadot.
- A detailed delivery report is available for review.

Executed

WHO: OpenBrush development team
WHAT: Requesting a second allocation of funds for the development of 8-9, 11 milestones of OpenBrush, a core infrastructure product for ink! dApps in the Polkadot ecosystem
PRICE/TIMEFRAME/RESOURCES: 14833.623 DOT

ink! OpenBrush 8-9, 11 milestone delivery

- Notifi Network is a platform for web3 builders to send real-time alerts to users.
- It helps web3 projects communicate with users who use decentralized wallets.
- Notifi's platform is customizable and can be embedded in web3 apps.
- It can monitor smart contracts and send specific alerts, like loan health or staking updates.
- Notifi has interest from 16 parachains and wallets in the Polkadot ecosystem.
- They are asking for a grant from the Polkadot Treasury to cover costs.
- The goal is to improve user engagement and help Polkadot grow.
- They welcome feedback from the Polkadot community on their proposal.

Rejected

WHO: Notifi Network
WHAT: Providing cross-chain communication and messaging infrastructure for web3 builders, with a highly customizable, white-labelled communication platform that can be embedded natively into web3 dApps. 
PRICE/TIMEFRAME/RESOURCES: Proposing a grant from the Polkadot Treasury to cover the full cost of providing services to both the Polkadot relay chain and its core ecosystem parachains. 16 parachains, wallets, and ecosystem partners have confirmed their need for Notifi's services and committed support for the proposal.

Notifi - Communication & Notification Tooling for Polkadot's Broader Ecosystem V2 Proposal

Ignore / Nay (Duplicate Ref) 

### Subsquid Lab Proposal Summary

- **Proponent:** Subsquid Lab Official
- **Beneficiary:** Subsquid Lab Official
- **Location:** Zug, Switzerland
- **Contact:** mf@subsquid.io
- **Purpose:** Fund ongoing development and maintenance of Subsquid Archives and Giant Squid API.
- **Requested DOT:** 58,253.66 DOT ($233,014.67)
- **Previous Proposal:** [Polkadot Referenda #15](https://polkadot.polkassembly.io/referenda/15)
- **Services:** 
  - **Archives:** Provide GraphQL data for major Polkadot and Kusama parachains.
  - **Giant Squid API:** Open-source GraphQL APIs used by explorers and wallets.
- **Supported Chains:** Over 95 Substrate blockchains, including Polkadot, Kusama, and various parachains.

WHO: Subsquid Lab Official
WHAT: Development and maintenance costs for public Subsquid Archives and the Giant Squid API
PRICE/TIMEFRAME/RESOURCES: 58253.66 DOT = $233,014.67

Subsquid - Public data indexing Infrastructure for Polkadot and Kusama (Q2 2023)

- **Proposal Overview**: The proposal aims to streamline and optimize the hiring process for Polkadot ecosystem teams, reducing the time and resources spent on talent acquisition.
- **Services Offered**: The proposal includes consulting on hiring best practices, free access to a web3 Application Tracking System, and guidance in making at least one hire per team.
- **Benefits for Teams**: Participating teams will benefit from a long-term hiring strategy, reduced waste from bad hires, increased output with experienced talent, and time savings through personalized sourcing and screening.
- **Polkadot Ecosystem**: The proposers have a history of collaboration with prominent Polkadot ecosystem players like Parity and Web3 Foundation, placing top talent in key positions.
- **Polkadot Decoded 2023**: The proposers attended Polkadot Decoded 2023, where they engaged with teams and identified hiring as a significant pain point needing a holistic solution.
- **Funding Request**: The proposal seeks 1.6 Treasury Income Days Spent to initiate the talent placement program, aiming for long-term success and reduced future need for external support.
- **Return on Investment**: The proposers believe the gains from this proposal will exceed the immediate treasury expenditure and endure beyond the initial investment.
- **Community Engagement**: The proposers are eager to hear community feedback and collaborate with more teams in the Polkadot ecosystem.

Missing Link proposes to guide Polkadot ecosystem teams through a streamlined hiring process, providing access to their hiring platform, and adding up to 7 high-quality hires. The service will be covered by funds from the treasury, costing 1.6 Treasury Income Days Spent. Each participating team will receive consulting and support on hiring best practices, access to TrufflePig, and at least 1 hire using Missing Link's guidance and expertise. The proposal aims to generate long-term hiring success, less monetary and cultural waste, and boost output with experienced talent.

Increasing Hiring Success in Polkadot by Missing Link

- **Proposal Error**: The initial proposal was mistakenly categorized as "treasury spending" instead of "bounty." A corrected version is being resubmitted.
- **Purpose**: The proposal aims to fund a fiat on-ramp service for 20 parachains and integrate it with the Polkadot Asset Hub.
- **Challenges Addressed**: The current barriers in the Polkadot ecosystem include fragmented liquidity, high costs, and lack of tailored solutions for substrate chains.
- **Previous Success**: A similar bounty was successfully implemented on Kusama, involving 11 assets on 10 parachains with Banxa, a leading on-ramp service provider.
- **Current Proposal**: The new proposal includes 15 assets on 14 parachains and integration with the Polkadot Asset Hub, aiming to simplify asset purchases with fiat currencies.
- **Cost Breakdown**: The total cost is $326,040, covering 14 parachains, reserve funding for 6 parachains, Asset Hub integration, and management overhead.
- **Community Support**: The proposer, Zhixi from Interlay, seeks community support to make the vision a reality for the Polkadot ecosystem.
- **Full Proposal**: A detailed proposal can be found [here](https://docs.google.com/document/d/17IuGI-lLKXpNgjdb5xKiDYCSdMmcQoPJhhv6EfGxiPw/edit?usp=sharing).

Interlay proposes a bounty program to fund the fiat on-ramp service for 20 parachains and the onramp integration for Asset Hub in the Polkadot ecosystem. The proposal includes 15 assets on 14 parachains, with a total cost of 326,040 USD. The integration of Banxa's fiat onramp service with the Polkadot Asset Hub is a highlight.

(VOTE NAY!!) Polkadot Parachain Assets Onramp Bounty Program 

- **Proposer:** OnFinality, a SaaS platform providing infrastructure services for the Polkadot/Substrate community.
- **Proponent:** 12mRyiCp9zdh1wEVW5gLLiFBxDPKks72rRXmSupyEK3VAMLf
- **Date:** 31 August 2023
- **Requested Amount:** USD $54,862.00 (DOT 12,153.7439)
- **Purpose:** Funding for running high-performance, scalable, and reliable public infrastructure for Polkadot, Statemint, Collectives, Westend, Encointer, Bridgehub Polkadot, and Bridgehub Westend in Q3 2023.
- **Importance:** Public RPC services are crucial for the growth of the Polkadot ecosystem, enabling developers to focus on innovation rather than infrastructure management.
- **OnFinality's Role:** Provides scalable free public API services, focusing on performance/reliability, value addition, and cost optimization.
- **Service Details:** OnFinality's Polkadot API service has served over 2.7 billion responses and accumulated over 41,400 GB of data egress in the last three months.

OnFinality requests USD $54,862.00 (DOT 12,153.7439) for Q3 2023 to cover ongoing costs for running high performance, scalable, and reliable public infrastructure for Polkadot, Statemint, Collectives, Westend, Encointer, Bridgehub Polkadot, and Bridgehub Westend. They provide RPC services with a focus on performance/reliability, providing more value from their Ultimate API service, and cost optimization.

OnFinality High Performance Public Infrastructure (Q3 2023)

- **Proposal Overview**: A proposal to collaborate with Astar Network, AlephZero, and Phala Network on ink! tooling.
- **Objective**: Develop Swanky, a tool for ink! (Rust) smart contract development in Polkadot and Kusama ecosystems.
- **Components**: Includes the Drink library and drink-cli command line tool to simplify project management.
- **Funding Request**: Seeking Polkadot Treasury funding from September 2023 to February 2024.
- **Approach**: Task-based funding with milestones and Multisig approval for transparency.
- **Community Involvement**: Roadmap shared with Astar community for feedback.
- **Resources**: Links to the full proposal, roadmap, and public discussions are provided.

WHO: Astar Network, AlephZero, and Phala Network

WHAT: Development of Swanky, a comprehensive developer tooling solution designed to facilitate and streamline ink! (Rust) smart contract development within the Polkadot and Kusama ecosystems. 

PRICE/TIMEFRAME/RESOURCES: Funding from the Polkadot Treasury for work on the Swanky Suite tool, Drink! Tool, ink! examples, and educational content in the period from September 2023 to February 2024. Funding will be released upon the successful completion of each task.

ink!Hub Treasury Proposal 

- The proposal aims to reward Polkadot Moderators for their continuous support to the community.
- The Community Moderation Team started as unpaid volunteers and later received occasional tips from the Kusama treasury.
- In August 2022, a bounty was funded on Kusama, and in January 2023, it was topped up.
- The team consists of 13 members who monitor new community members and protect against fraud.
- The proposal suggests a 6-month budget of $112,320 (25,004.45 DOT) to support 15 hours of work per week per moderator.
- The team plans to extend their activities to the Polkadot forum and Polkassembly.
- Community members are encouraged to review the context and Q&A sections of the proposal for a full understanding.

Polkadot proposes a 6-month budget of $112,320 (25,004.45 DOT) to support 13 moderators to provide 24/7 support to the Polkadot and Kusama communities, including the Polkadot Forum and Polkassembly. Each moderator will work 15 hours per week from August 2023 to January 2024.

Moderation Team Bounty

### Proposal Summary

- **Beneficiary**: Thomson Reuters Foundation (TRF)
- **Proposer**: Every.org
- **Grant Request**: 53,938.013 DOT ($234,024)
- **Purpose**: To fund a pilot training program to educate global media on blockchain and Web3 technologies.
- **Context**: TRF aims to improve understanding of blockchain among mainstream media, addressing misconceptions and inaccuracies.
- **Partnership**: Collaboration with Web3 Foundation to develop and scale the training program.
- **Inflation Adjustment**: Grant increased by 15% to account for inflation since the initial budget.
- **Discussion**: Proposal discussed in an AAG meeting on YouTube.

WHO: Thomson Reuters Foundation (TRF) and Every.org.

WHAT: TRF proposes a strategic partnership with Every.org to build a better understanding of blockchain across mainstream global media. They aim to educate non-crypto audiences and journalists on a global scale to better understand the fast-evolving blockchain ecosystem.

PRICE/TIMEFRAME/RESOURCES: Requested DOT: 53,938.013 ($234,024 @ $4.45/DOT). The pilot program will be delivered iteratively in collaboration with the Web3 Foundation.

Proposal: Building a better understanding of blockchain across mainstream global media

- Polkadot participated in SXSW 2023 in Austin, Texas from March 12th to 15th.
- SXSW is a large conference with over 40,000 attendees and 15 tracks focusing on tech, film, culture, and music.
- The Tech Industry Track at SXSW covered topics like AI, blockchain, cryptocurrency, and more.
- Polkadot aimed to increase its visibility and connect with a Web2 audience, including startups and enterprises.
- 11 ecosystem teams joined Polkadot at the event, including Beatport, Moonbeam, and KILT.
- The event helped Polkadot gain a first-mover advantage for future Web3 transitions.
- More details about the proposal, including milestones and budget, can be found in the linked document.

<strong>Polkadot</strong> aims to increase brand visibility and connections to a Web2 audience of startups, enterprises/brands, thought leaders and influencers, media, and consumers by participating in the <strong>SXSW Conference</strong> in Austin, Texas on March 12th-15th, 2023. The proposal involves 11 ecosystem teams and further details can be found in the provided link.

Polkadot @ SXSW 2023, Austin, Texas on March 12th-15th 2023

### Summary of Encointer Proposal

1. **Budget Adjustment**: Encointer proposes a 50% reduction in funding, aiming to cover expenses from September to December 2023.
2. **Financial Details**: The requested amount is CHF 238,000 (USD 270,606 or 59,895 DOT).
3. **Key Actions**:
   - Experiment with scalable approaches in the personhood trilemma.
   - Field test the new Encointer Faucet for KSM onramp.
   - Integrate with KILT, Polkassembly, and potentially other platforms.
4. **Detailed Proposal**: A comprehensive document is available [here](https://docs.google.com/document/d/1685yQrxkce_U3p0umdEMYQR_8dHo2ipp3bKS3tOKemE/edit?usp=sharing).
5. **Public Appearances**: Encointer has presented this proposal at AAG59, AAG57, and AAG55.
6. **Voting Guidance**: Voters are encouraged to encode their reasons into their voting amounts as suggested [here](https://forum.polkadot.network/t/how-voters-can-signal-more-than-aye-nay-today/3512).

Encointer proposes a budget of CHF 238,000 (USD 270,606) for Sep-Dec 2023 to experiment with scalable approaches, field test Encointer Faucet, and integrate with KILT, Polkassembly, and others. The proposal has a relaxed timescale and a 50% lower burn rate.

Encointer Treasury Proposal (budget halving)

- RadiumBlock is a provider of infrastructure for the Polkadot/Substrate community.
- They are asking for reimbursement for public RPC services provided in Q4 2022 and Q1 2023.
- They served an average of 21 million responses per day for Polkadot and 450k for Statemint in Q4 2022.
- In Q1 2023, they served 11 million responses per day for Polkadot and 315k for Statemint.
- They switched to a hybrid on-prem + cloud (AWS) computing model and expanded to 12 edge locations.
- They plan to switch to a fixed cost model of about $25k per quarter starting from Q2 2023.
- They also provide RPC and node services for other para chains in the Polkadot ecosystem.

The RadiumBlock team seeks reimbursement for providing public RPC services for Polkadot networks for Q4 2022 and Q1 2023. They offer a reliable and secure service at a fixed cost of ~$25k per quarter. They do not collect user data and have expanded their Polkadot endpoint to 12 locations.

RadiumBlock: Retroactive funding for High Performance Public Endpoint Service for Polkadot(Q4 2022 and Q1 2023)

### Magnet: A Smart Contract Platform for Polkadot

- **Purpose**: Magnet aims to make DOT usable for smart contract needs, attracting both enterprise and lightweight users.
- **Features**:
  - **No Additional Tokens**: Uses DOT for all functions like contract deployment and transaction fees.
  - **EVM and WASM Support**: Initially focuses on EVM, then expands to WASM.
  - **PAYG Model**: Allows flexible connection to Polkadot, ensuring security and generating business income.
  - **Built on Tanssi Network**: Will eventually operate as a containerchain/appchain.
  - **XCM Integration**: Ensures smooth DOT transfers.
  - **Income Distribution**: Revenues go to Polkadot treasury, Collators, system reserves, and project operations.

**Discussion**: [Polkadot Forum](https://forum.polkadot.network/t/does-a-contract-platform-that-uses-dot-as-gas-fees-make-sense/3013)

**Blog Post**: [Medium](https://medium.com/@acaishiba/magnet-polkadots-smart-contract-scaling-dock-based-on-the-payg-model-eb74ffefd4a)

**Full Proposal**: [Google Doc](https://docs.google.com/document/d/1aoNytxaOzzhQ6DC9MCiMd6VuPOgS21-oZRxsMNkbjnQ/edit?usp=sharing)

Polkadot proposes Magnet, a smart contract platform based on the PAYG model, with DOT as the gas fee. It will support EVM and WASM, integrate XCM, and be built on Tanssi Network. The income generated will be distributed to various entities, with Magnet retaining only the basic fees for project maintenance. More details in the full proposal.

Magnet Proposal: Polkadot’s Smart Contract Docking Station using DOT as Gas Based on the PAYG Model

### Kogarashi Network Proposal Summary

- **Objective**: Develop a crypto-friendly Substrate scaffold for privacy and scaling functionalities.
- **Features**: Includes Plonk-based zero-knowledge proofs, ZkRollups, and privacy-preserving transactions.
- **Compatibility**: Libraries are fully compatible with Substrate, supporting no_std and SCALE.
- **Innovation**: Introduces the first Polkadot-compatible Plonk implementation and optimizes hash functions and signing algorithms.
- **Benefits**: Enhances performance, simplifies usage, and promotes composability between functionalities.
- **Progress**: 19 out of 31 milestones completed, with deliverables like crypto primitives and Substrate pallets.
- **Collaborations**: Worked with Web3 Foundation and Astar Network on previous projects.
- **Legal Structure**: Registered in Tokyo, Japan, under Invers Inc.

Kogarashi Network proposes to implement a crypto-friendly Substrate scaffold with privacy and scaling functionalities for the Polkadot community. They aim to provide fully compatible libraries that can be imported by existing Substrate pallets, allowing for simple usage, high performance, and composable functionalities. The proposal includes the implementation of ZkRollups and privacy-preserving transactions. The project has completed 19 out of 31 milestones, and the deliverables are provided as open-source libraries. The proposal is supported by a registered legal entity, Invers Inc.

Crypto-Friendly Substrate Scaffold Pallets for Every Parachains

- **Multix** is a tool for managing multisig accounts, making it easy to use on mobile or with proxies.
- It has been live for over 6 months and supports more than 13 chains.
- Multix aims to continue development and also create a Cypress testing plugin for Dapps.
- The Cypress plugin will help Dapp developers automate integration tests without needing to mock responses.
- This will benefit not only Multix but also the entire Polkadot ecosystem.
- The proposal requests $214,099 for the next 6 months of development.
- You can learn more about Multix from presentations and articles on YouTube, Polkaverse, and Medium.

WHO: Multix team
WHAT: Continue developing Multix interface for multisigs management and build a Cypress Dapp testing plugin to benefit Polkadot Dapp developers
PRICE/TIMEFRAME: 214,099 USD for the next 6 months of development

Multix - Further development and Cypress Dapp testing plugin

### OpenComm Proposal Summary

- **Amount Requested:** 27,259 DOT ($133,080 USD)
- **Purpose:** To consolidate and decentralize governance communications in the Polkadot ecosystem.
- **Features:** Enables on-chain discussions about proposals, accounts, transactions, and more.
- **Benefits:** Improves information flow, accessibility, and decentralization of communications.
- **Adoption:** Over 7,900 messages facilitated; integrated with apps like Zeitgeist, Polkassembly, and Grill.chat.
- **User Experience:** Provides a smooth Web2-like UX for Web3 social interactions.
- **Resource Linking:** Allows discussions around any on-chain entity or off-chain URLs.
- **Integration:** Already integrated with multiple ecosystem apps; new requests coming weekly.

Polkadot proposes OpenComm, a decentralized communication layer that consolidates siloed discussions in the ecosystem, improving governance communications and enabling on-chain discussions about any entity or resource. The proposal requests 27,259 DOT ($133,080 USD) and provides a brief overview of the project's milestones, budget, and adoption.

An Open Communication Layer For Polkadot

- **Societal** is a company building a parachain for organizing, governing, and growing on-chain communities on Polkadot.
- They are requesting $135,477.72 USD (or 26,616 DOT) in funding to complete their platform, which includes governance and community management features.
- Societal previously applied for funding but did not succeed; they have now reduced their request by about $52,000.
- The company has already completed much of the work needed for their platform and aims to finish final features with the new funding.
- Societal has a track record of accomplishments, including Web 3 Foundation Grants, participation in the Polkadot Blockchain Academy, and deployment on the Rococo Testnet.
- They are part of the Substrate Builders Program and have been accepted into the Berkley Blockchain Accelerator.
- More information about Societal can be found on their website, whitepaper, and documentation.

WHO: Societal, a blockchain company building a parachain for on-chain communities.

WHAT: Requesting $135,477.72 USD / 26,616 DOT in treasury funding to complete final features of their product, including token import, governance, and proposal features, along with the management UI to support them.

PRICE/TIMEFRAME/RESOURCES: The funding will be used to conduct final testing and start onboarding users. The proposal can be found in the link provided.

Societal: Advanced Treasury, Governance and Member Management Systems for Decentralized Communities

- PolkaWorld is a community dedicated to promoting Polkadot in Asia, founded in June 2019.
- They have been operating for four years, focusing on content creation, online events, and community meetups.
- In 2022, PolkaWorld published 576 articles, hosted 42 online broadcasts, and created 35 educational videos.
- They interviewed 23 teams in the Polkadot ecosystem and hosted 14 online meetups.
- PolkaWorld is now applying for community operation costs for the next three months.
- They have successfully completed their work in June and July, with an August summary coming soon.
- For more details, you can check their full proposal [here](https://docs.google.com/document/d/1VzjG8D-ZDFlJNnkiMdJkq012ShG0dWkiKLG_6225Kgs/edit).
- Feedback and support are welcome to help maintain Polkadot's Asian community.

WHO: PolkaWorld
WHAT: Applying for community operation costs for the next three months to continue contributing to Polkadot's Asian community education.
PRICE/TIMEFRAME/RESOURCES: Not specified. Full proposal can be found at https://docs.google.com/document/d/1VzjG8D-ZDFlJNnkiMdJkq012ShG0dWkiKLG_6225Kgs/edit.

PolkaWorld Ops and Maintenance proposal：2023.9 - 2023.11

**Polkasafe Summary**

- Polkasafe is a tool for managing assets on the Polkadot network, built on the substrate’s multisig pallet.
- It aims to provide secure and efficient treasury management for organizations using cryptocurrencies.
- Polkasafe supports multiple chains like Polkadot, Kusama, and their parachains.
- Features include linking multisig wallets, proxy support, and custom transaction creation.
- It integrates with Polkassembly to create the House of Commons.
- Polkasafe has completed its first treasury proposal and is working on future milestones.
- The tool offers multi-currency support, shared address books, and transaction batching.
- Polkasafe also supports 2FA login and has a comprehensive SDK for developers.

Polkasafe offers a comprehensive suite of advanced, user-friendly solutions that harmonize treasury management processes across multiple chains, including Polkadot, Kusama, and their respective parachains. They completed Milestone 2, which included features such as multi-currency support, shared address book, and transaction batching. They are requesting an allocation of 194,050 USD for their project.

Polkasafe - Milestone 2 - Retroactive funding proposal

- LayerX is a trustless bridge that connects Ethereum and Polkadot.
- It uses vaults to secure assets when moving them between the two networks.
- Users can deposit Ethereum-based tokens, mint equivalent tokens on Polkadot, and use them in the Polkadot ecosystem.
- Tokens can be redeemed back to their original form on Ethereum.
- LayerX ensures security through collateral and oracles.
- LayerX has secured a parachain slot on the Kusama network.
- 10% of the total supply (100 million tokens) will be distributed to voters once the parachain is secured on Polkadot in October.

LayerX proposes a trustless bridge based on vaults to move ERC-20 tokens from Ethereum to Polkadot. 100 million LRX tokens will be distributed to Aye voters in the referendum once they secure a parachain on Polkadot in mid-October.

LayerX - rollout parachain as Trustless Bridge between Polkadot and Ethereum.

- Dacade plans to create a Polkadot learning community with learning materials, challenges, and rewards.
- The goal is to have 10,000 educators and promote Polkadot adoption.
- The project is supported by Pendulum Chain and led by an experienced developer team.
- Key metrics (July 2023) show over 16,000 users, 5,758 Discord members, and 954 Twitter followers.
- Over 775 Web3 projects have been built, with 1,572+ feedbacks given.
- Dacade has previously worked with Ethereum, Celo, Internet Computer, Algorand, Tezos, and NEAR.
- The proposal focuses on peer-to-peer learning, custom solutions, and continuous performance review.

Dacade and Pendulum propose to create a Polkadot learning community with learning materials, challenges, and rewards to foster 10,000 educators and promote Polkadot adoption. The goal is to have 16,228 users, 5,758 Discord members, 954 Twitter followers, 3.8k Eventbrite attendees, 775 original Web3 projects, and 1572+ feedback by July 2023. The proposal aims to create an accessible and scalable educational ecosystem with custom solutions, course creation, community building, and continuous performance review.

Community-Centric Blockchain Education: Dacade's Commitment to Polkadot's Growth via learning through sharing

### OpenZeppelin Proposal for Polkadot Development

- **Objective**: OpenZeppelin plans to form a team to work with Parity and the Polkadot community to develop new parachain runtimes and improve existing pallets.
- **Goal**: Speed up development and enhance security for new parachains.
- **Team**: A dedicated team of 3 developers will be created.
- **Timeline**: The team will create a roadmap within 90 days of proposal approval.
- **Releases**: The roadmap will outline quarterly releases at 6, 9, and 12 months after the agreement date.
- **Use Cases**: The improvements will benefit various key use cases in the Polkadot ecosystem.
- **Full Proposal**: Detailed information is available in the [full proposal document](https://docs.google.com/document/d/1F7aw7lvRbu3RChDxjQDSHocdgB0URDy-ZUH2cvSvhhU/edit?usp=sharing).

OpenZeppelin proposes to create an open-source team to work with Parity and Polkadot community to develop new parachain runtimes and improve pallets for key use cases. The team will have 3 members and deliver the first three quarterly releases within 12 months.

Proposal: OpenZeppelin x Polkadot Ecosystem Growth

### Polkadot Global Series Hackathon 2023

- **Proponent**: AngelHack
- **Requested Allocation**: $302,000 USD (60,246.88 DOT)
- **Objective**: To bridge gaps in the Web3 space through hackathons in Europe and APAC regions.
- **Current Status**: On the 3rd milestone of the Polkadot APAC Hackathon.
- **Funding Request**: To reimburse operations, service fees, and reward hackathon winners.
- **Milestone 3 Proposal**: Available [here](https://docs.google.com/document/d/1IgiwXwHUMMiCMF0SGMzCRCktgVKM3msUVs3c3Lxktig/edit?usp=sharing).
- **Treasury Proposal**: Approved under Gov1, with a re-confirmation for Milestone 3.
- **DOT Conversion**: Calculated on 8 August 2023, 1 DOT ≈ 5.012 USD.

**WHO**: AngelHack

**WHAT**: Requesting $302,000 USD (60,246.88 DOT) from the Polkadot treasury to reward hackathon winners and reimburse operations and service fees for running the Polkadot APAC Hackathon.

**WHY**: To bridge gaps within the Web3 space and strengthen connections within the Polkadot community, allowing for easier onboarding of more developers across a diverse range of backgrounds.

Milestone 3: Polkadot Hackathon Global Series 2023

### ISMP (Interoperable State Machine Protocol)

- **Purpose**: Improves cross-chain communication in Polkadot by allowing parachains to send messages without relying on the relay chain.
- **Features**:
  - **GET-like and POST-like requests**: Allows parachains to read each other's state and send messages.
  - **State proofs**: Ensures security and scalability by reducing the relay chain's burden.
- **Benefits**:
  - **Faster communication**: Removes the need for governance approval for parachain interactions.
  - **New applications**: Enables new types of decentralized apps, like liquid staking and multi-asset transactions.
- **Development**: Built as a substrate-based pallet for easy integration with parachains and standalone chains.
- **Future Plans**: Includes a zk bridge to Ethereum, making Polkadot a message-passing platform for rollups.
- **Funding Request**: Seeking retroactive payment from Polkadot Treasury to cover development costs.

Polytope Labs proposes ISMP (Interoperable State Machine Protocol) to improve cross-chain communication and operations. The proposal aims to facilitate "GET-like" and "POST-like" requests between all substrate-based chains under the security of the Polkadot Relay chain. The proposal requests a retroactive payment by Polkadot Treasury to cover development costs incurred. The funding will allow further research and development for the next major milestones, a zk bridge to Ethereum.

[Retroactive] Polytope Labs: ISMP Research & Development

root

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

big_spender

Referenda Medium Spender

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

[33] Origin: MediumSpender