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

big_spender

### Summary of Strategy Update

1. **Referendum #1160 Failure and Bounty #19 Status**: The execution of Referendum #1160 failed, and Bounty #19 remains open. Instead of opening a new bounty, the team decided to replace the current curator set.

2. **Communication with Curators**: The team has communicated their intentions to the current curator set, emphasizing the need for more active and passionate curators.

3. **No Top-Up**: The change in curators will not involve additional funds; the focus will be on using existing resources effectively.

4. **Action Plan**:
   - A referendum proposing a new curator set will be opened.
   - The current curators will unassign themselves.
   - The new curators will accept their roles.
   - ink!ubator will reopen, with the website updated and new applicants welcomed.

5. **ink!ubator 2.0 Proposal**: The proposal aims to continue innovation in the Polkadot ecosystem through ink! smart contracts. It includes ecosystem grants, mentorship, and a streamlined process based on lessons from ink!ubator 1.0.

6. **Curators Panel**: The new panel includes experienced individuals from Parity, Web3 Foundation, and other key players in the Polkadot and ink! ecosystems.

7. **Treasury Support**: Funding from the Polkadot Treasury is crucial for enabling developers and ensuring growth. The requested support is $600,000 - $1,000,000.

8. **Future Goals**: The initiative aims to expand ink!'s influence, foster scalable decentralized solutions, and contribute to global Web3 and blockchain technology advancements.

Confirming

Ink!ubator 2.0 – Change of curators for bounty #19

**Conor Daly 2025 Polkadot Motorsports Program**

- Primary sponsorship for six major IndyCar races in 2025.
- Global ambassador: Conor Daly represents Polkadot.
- Exclusive media tours and content for Polkadot.
- Sponsorship branding on Conor Daly's gaming streams.
- Post-race debriefs with Conor Daly and Polkadot team.
- Collaboration with Polkadot companies for tech integration.
- Community events like meet-and-greets and NFT drops.

Deciding

Conor Daly - 2025 Polkadot Motorsports Program

- Token Terminal is launching a new initiative to improve Polkadot's datasets and metrics.
- The goal is to make data more standardized and useful for analysts, developers, and investors.
- Basic metrics (like active addresses) will be upgraded to standardized metrics (like TVL and fees).
- Data will be shared on Google Web3 Marketplace and Token Terminal.
- This will help Polkadot grow and attract institutional investors.
- The project has three milestones with a total grant of $1,005,000.
- Token Terminal already works with Bloomberg and Parity Technologies.
- Feedback is welcome for the proposal.

Accelerate growth and adoption across the entire Polkadot ecosystem

- Polkadot Hub needs a custom block explorer for PolkaVM smart contracts.
- Etherscan-as-a-Service (EAAS) is proposed for integration to provide seamless tools for developers.
- The integration will start on Westend Hub in 2025 and expand to Polkadot Hub.
- The goal is to attract more developers and users to Polkadot Hub.
- The project budget is $1 million USDC.
- The integration will support both testnet (Westend Hub) and mainnet (Polkadot Hub).
- The timeline for the project is from Q2 2025 to Q2 2026.

Etherscan-as-a-Service x Polkadot Hub - PolkaVM Block Explorer (1 Mainnet, 1 Testnet)  

### Summary

- **Sponsorship Proposal**: Conor Daly seeks $2.1 million to sponsor his racing in three major events: the 2024 Indianapolis 500, a NASCAR Truck Series race, and a Nitro Rallycross race.
- **Events**: 
  - **Indianapolis 500**: The biggest single-day sporting event in motorsports.
  - **NASCAR Truck Series**: A nationally broadcasted race.
  - **Nitro Rallycross**: A high-speed rallycross event.
- **Marketing**: Includes global PR, social media strategy, and community activations.
- **Funding Scenarios**: Different levels of sponsorship based on the amount raised, ranging from just the Indy 500 to all three events.
- **Community Engagement**: Opportunities for community members to engage through QR codes, diecast cars, and meet-and-greets.

Approved

**WHO:** ConorDaly22, Multi-sig (signers: ConorDaly22, LearnPolkadot, The Phunky One)

**WHAT:** Discounted Packaged Primary Sponsorship of Conor Daly to race and be a Polkadot Brand Ambassador in 3 different professional racing series for 2024.

**PRICE/TIMEFRAME/RESOURCES:** $2.1M USD, 2024, commercial sponsorship fees, driver ambassador PSA fee, marketing activation buffer.

Conor Daly - 2024 Indianapolis 500 Sponsorship

- The proposal introduces Merkle Mountain Belts (MMBs), a new data structure to improve Merkle Mountain Ranges (MMRs) used in BEEFY.
- The project aims to publish a research paper, create a Rust library, and integrate MMBs into the BEEFY protocol.
- Estimated cost savings for Polkadot are $1.0-1.4 million per year.
- The project timeline is from December 2024 to December 2025.
- Requested funds include 506,110 USDC and additional DOT rewards based on savings.
- MMBs are designed to optimize data access costs, especially for recent data queries.
- The team includes experienced researchers and developers from Polkadot.

Rejected

Treasury Proposal: Merkle Mountain Belts (MMBs)

- The team completed Phase 2 of their project and shared updates on their book, GitHub repository, and weekly progress on the Polkadot forum.
- They became the first team to submit a PR for review for reaching JAM Milestone 1 with their JAM client, Strawberry.
- For Phase 3, they plan to incorporate feedback from Phase 2 and request USDT instead of DOT due to current market conditions.
- They explored integrating JAM data availability with Polkadot Storage, considering it as an archival layer for DA networks like Celestia, EigenDA, and Avail.
- The team, contributors to Celestia, is exploring adding support for historical snapshots and archival into Polkadot Storage.
- Links to their code, phases, full proposal, JAM DA integration, weekly updates, and research are provided.

Polkadot Storage: Phase 3/3

### Polkadot's Expansion in Asia

- **Boost DOT Value:** Expanding in Asia will attract more developers, users, and projects, enhancing DOT's value.
- **Global Leadership:** Strengthening Polkadot's presence in Asia solidifies its role as a leading multi-chain platform.
- **New Opportunities:** Engaging with innovative projects and forming partnerships can drive Polkadot's growth.
- **Strategic Events:** Participating in top conferences and hosting exclusive events will showcase Polkadot's innovations.
- **Community Building:** Tailored outreach and influencer partnerships will strengthen local communities.
- **Expert Team:** DCENTRAL, with a strong track record in organizing global crypto events, will lead this initiative.
- **Support Needed:** Community support is crucial for enhancing Polkadot's visibility and driving ecosystem growth in Asia.

Enhancing Polkadot's Presence in Asia through Strategic Events, Experiences, and Localized Community Engagement

- The treasury spent a lot of money on DED.
- DED is no longer active.
- The last tweet from DED was on August 2.
- The community wants to use the DED funds for a new project.
- DED funds will be moved to the WUD treasury.
- Vote "AYE" to support new memes in Polkadot.
- Vote "NAY" to keep supporting DED.
- WUD treasury link is provided.

TimedOut

use DED to fund WUD

nayyyy

- Crystal Intelligence, a European blockchain firm, plans to integrate Polkadot into its services to boost security, transparency, and compliance.
- The proposal aims to provide real-time transaction monitoring and data analytics for Polkadot's ecosystem.
- Key benefits include enhanced security, regulatory compliance, and institutional adoption.
- The project will focus on blockchain intelligence, marketing, and technical integration with Crystal's tools.
- Challenges include adapting to Polkadot's parachain system and staying compliant with global regulations.
- The project timeline is 12-18 months, with milestones for integration, training, and full support.
- The total budget requested is USD 1,375,000, covering development, infrastructure, and ongoing support.

Crystal Intelligence Blockchain Intelligence Proposal 

### Apillon Milestone 3 Proposal Summary

- **Project**: Apillon, a Web3 development platform for Polkadot.
- **Proposer**: Matjaž Sobočan, CEO.
- **Timeline**: 8 months.
- **Funding**: 809,600 USDT.
- **Key Goals**:
  - Integrate new services like decentralized databases (KWIL), encrypted storage (CESS), and Web3 Captcha (Prosopo).
  - Enhance existing features such as embedded wallets, IPNS service, and NFT Wizard.
- **Core Objectives**:
  - Improve service integrations and user experience.
  - Develop enterprise-ready templates and support open-source growth.
- **Security**: Commitment to third-party audits for enhanced security.
- **Future Plans**: Separate proposal for Salesforce integration.

Executed

Apillon Milestone 3 Proposal: Core Integrations and Service Enhancements for Polkadot Ecosystem Growth

- **Proponent:** ArtemisAnalytics account
- **Beneficiary:** ArtemisBene account
- **Requested Amount:** $200,000 in USDT/USDC
- **Date:** October 23, 2024
- **Purpose:** Integrate Polkadot Parachains into Artemis's Chain Compare and Plugins products, and create custom analytics pages for 10 parachains.
- **Reason:** To enhance Polkadot's visibility among investors and increase capital allocation in the ecosystem.
- **Estimated Timeline:** 60 days (about 2.5 to 3 months)
- **Full Proposal:** Available in a [Google Doc](https://docs.google.com/document/d/1b2PODY61IVS0qW-a_KvvS2Ng1isNYLSORyjkQn3uuMQ/edit).

Artemis Analytics proposes to spend $200k to integrate Polkadot Parachains into their product and build Custom Project Analytics pages for 10 parachains. This will help educate investors on important KPIs for the Polkadot ecosystem. The estimated integration timeline is 2.5-3 months.

Artemis Analytics Integration: Integrate Polkadot and Polkadot Ecosystem Data Into Artemis, The Most Used Crypto Analytics Platform by US Institutional Investors

- **Talisman Wallet** is a user-friendly, open-source wallet for the Polkadot ecosystem.
- It supports advanced features like portfolio management and transaction signing on Substrate and EVM blockchains.
- **Talisman Portal** is a web app that helps users discover and access Polkadot ecosystem activities.
- The wallet has over 130,000 active installs and has contributed over 8 million DOT to nomination pools.
- The team is requesting $690,600 USD for maintenance and new feature development from Oct 2023 to Sep 2024.
- Talisman aims to simplify the Polkadot experience for both beginners and advanced users.
- The team has a strong track record of executing on previous treasury proposals.

Talisman requests $690,600 USDT on Polkadot Asset Hub for feature development, UX improvement, and QA testing for Talisman Wallet and Portal over Oct 2023 - Sep 2024. The proposal covers in-wallet staking, Ledger support, foreign assets support, cross-chain swaps, and ongoing UX/UI and performance improvements. All features have been released and integrated into Talisman's open-source wallet and web application.

Talisman Wallet and Portal Retroactive Funding

- **Proposal**: To approve Bounty 60, which aims to establish the EasyA x Polkadot University Microgrants Bounty.
- **Background**: EasyA x Polkadot University is being set up with support from the Web3 Foundation to attract university talent to build on Polkadot.
- **Purpose**: The bounty will fund microgrants for early-stage builders on Polkadot, similar to Solana's fast-grants model.
- **Problems**: Polkadot lacks clear funding opportunities for early-stage builders and lacks a fast funding process for inspired developers.
- **Solution**: The bounty will provide up to $10,000 in funding for early-stage builders, with approvals within 72 hours.
- **Curators**: A multisig team of five experts will manage the bounty, including Otar Shakarishvili, Sacha Lansky, Flavio Bianchi, Phil Kwok, and Dom Kwok.
- **Impact**: This bounty aims to boost the Polkadot ecosystem by quickly funding developers and fostering innovation.
- **Collaboration**: The program will work closely with other Polkadot ecosystem programs to produce top talent for future bounties.

EasyA x Polkadot University Microgrants Bounty

### Summary

1. **Program Creation**: A program was made to promise independence and pay salaries, but it passed without salary enactment.
2. **Issues Arise**: People tried to change the program, leading to conflicts and unpaid work.
3. **Current State**: The program risks being wiped out, and the community is highly fragmented.
4. **Proposed Solution**: Move forward with the program and implement it.
5. **Concerns Addressed**: 
   - Salary is competitive and necessary for top talent.
   - Passion shouldn't mean unpaid labor.
   - The program should be a full-time position, but trust needs to be built.
   - Grifters should be dealt with discreetly.
   - The program should not be reset; action is needed.
6. **Requested Amount**: 840,000 USDT for a 4-month runway to implement the plan.

WHO: The proposal does not mention a specific organization or individual.

WHAT: The proposal suggests moving forward with a program that promises independence of a collective structure and paying a salary as an incentive for people to be fully committed.

PRICE/TIMEFRAME/RESOURCES: The proposal requests 840,000 USDT to provide 4 months of runway: 3 months to implement the 100-day plan and an additional 1-month buffer for potential refill if the program proves to be successful.

Funding the Ambassador Program

World’s Gymnastics on Polkadot

- MarketAcross is proposing to continue providing PR support to the Polkadot ecosystem.
- They are requesting 165K USDC (about 150K Euro) for this service.
- The proposal includes delivering 120 unique articles and 30 amplifications on Reddit/Quora/YouTube within 4-5 months.
- MarketAcross has already delivered over 325 unique articles since January 2024.
- They aim to help Polkadot-relevant projects with organic media outreach for news and announcements.
- MarketAcross has a proven track record with Polkadot and other major crypto projects.
- They offer services like PR, content marketing, growth hacking, and campaign management.
- The goal is to decentralize marketing efforts through OpenGov and support the Polkadot community.

MarketAcross is proposing to provide PR support to the Polkadot ecosystem for 4-5 months or less, delivering at least 120 unique articles and 30 amplifications for a price of 165K USDC (~150K Euro equiv.). They have previously delivered over 325 unique articles to Polkadot and its ecosystem teams. The proposal includes managing PR announcements, content marketing, thought leadership, growth hacking, social amplifications, strategy, campaign management, and reporting. MarketAcross guarantees deliverables and has worked with other major blockchain projects.

Polkadot ecosystem ‘open for all’ organic PR & media campaign

### Growing the Music Vertical on Polkadot: Onboarding Billfold

- **Proposal**: A PMEI (Polkadot Music Events Initiative) proposal to onboard Billfold, a vendor payment system for live events, to Polkadot.
- **Requested Funds**: $1.133 million USD.
- **Objective**: To integrate Billfold's 3 million users into Polkadot, driving millions of transactions and user growth.
- **Key Points**:
  - Covers financial obligations for Polkadot's integration with Billfold, marketing, and legal expenses.
  - 3-year contract term.
  - Expected to drive 3 million accounts for loyalty rewards and USDC transactions on Polkadot.
- **Benefits**:
  - Billfold's existing user base will bring millions of users and billions in transaction volume to Polkadot.
  - Polkadot will provide speed and security for Billfold's operations.
- **ROI**:
  - Initial Cost per User (CAC) is $0.33, decreasing as more users are added.
  - Billfold's integration will optimize their business and provide transparent data sharing.
- **Team**: PMEI, with support from Transistor and Exiled Studios.
- **Milestones**: Initial user onboarding within 3 months, full integration by June 2025.

PMEI proposes to onboard Billfold to Polkadot for $1.133M, covering contract terms, marketing, and legal expenses. The deal will bring 3M+ users to Polkadot and drive billions of dollars in transactions. The proposal covers the cost to integrate and market onboarding 3 million active user accounts via Polkadot custodial wallets, streamlining crypto-native payments, and loyalty reward tools for brands, venues, and artists. The initial user onboarding will be completed within a 3-month timeline from when the deal finalizes, and the full scope of this integration is expected to be completed within an eight-month timeframe.

Growing the Music Vertical on Polkadot: Onboarding Billfold

### Summary of Staking Rewards Stake App Integration Proposal

1. **About**: StakingRewards.com is a platform for staking in proof-of-stake (PoS) blockchain networks, offering tools for investors and analysts.

2. **Purpose**: The proposal aims to integrate Polkadot with StakingRewards.com to enhance user experience, decentralize the network, and provide additional staking tools.

3. **Features**: The integration includes native staking capabilities, advanced monitoring, curated staking strategies, and support for Parachains.

4. **Benefits**: The integration will streamline staking for Polkadot users, improve decentralization, and increase network adoption.

5. **Milestones**: The project is divided into three milestones: research, staging and testing, and full launch, with a total budget of 100,000 Euro.

6. **Community Feedback**: The proposal has been updated based on community feedback, including improvements to validator ranking and governance capabilities.

7. **Conclusion**: The integration aims to boost Polkadot's staking ecosystem by providing advanced tools and increasing user engagement.

StakingRewards.com proposes to integrate with Polkadot to provide native staking capabilities, advanced monitoring tools, and curated staking strategies for the Polkadot ecosystem. The requested funding of 100,000 Euro (114,000 USDC) will be allocated across three key milestones. The goal is to build the official Stake App for the entire Polkadot ecosystem.

Staking Rewards Partnership - Stake App & Terminal Integration

### WagMedia

- **About**: WagMedia is a content creation and media hub within the Polkadot ecosystem, supporting storytellers since 2021.
- **Adaptation**: Started as a Discord tipping mechanism, now focuses on quality content and nurturing creators.
- **Deliverables**:
  - **Weekly Newsletter**: 26 editions highlighting Polkadot ecosystem stories.
  - **Content Bounties**: 41 bounties with over 180 pieces of content.
  - **Retroactive Rewards**: Monthly rewards for impactful content, averaging $104.655 per post.
  - **Website and X Account**: Aggregates content and uses social media for publishing.
  - **Monthly Reports**: Detailed reports on OpenGov, treasury, and the broader ecosystem.
- **Impact**: Content reaches between 20,000 and 120,000 views, leveraged by Polkadot and parachain teams.
- **Hidden Contribution**: Many ecosystem leaders started with WagMedia.
- **Audits**: Monthly audit reports for every expenditure.
- **Goal**: Continue as a content creator hub, nurturing ecosystem agents.
- **Looking Forward**: Evolve into a media hub curating content for agnostic audiences.
- **Budget Request**: Funds for existing services, website upgrades, and sustaining growth on social media.
- **Challenges**: Stagnation in new creator growth, adapting to market conditions.

WagMedia proposes to continue nurturing and incentivizing content creators within the Polkadot ecosystem through weekly newsletters, content bounties, retroactive rewards, and a website. The one-year budget request is $1,500,000 for upgrading the website, sustaining growth on X, and continuing existing services. The main challenge is the stagnation in the number of new creators approaching Polkadot.

WagMedia - Collective Content Creation for 52 Weeks

### Polkadot Blockchain Academy (PBA) Proposal Summary

- **Objective**: Expand and diversify education for Polkadot ecosystem.
- **Duration**: 6 months of activities.
- **Activities**:
  - Fund and support an advanced, shorter in-person cohort (Wave 6).
  - Launch PBA-X, an online program starting January 2025.
  - Add a new DApps track alongside the existing Protocol track.
  - Develop a syllabus for a "Mastering Polkadot" book.
  - Partner with universities to offer PBA content.
  - Create ongoing learning and career support for alumni.

Polkadot Blockchain Academy proposes to create and execute PBA6 and PBA-X, an online version of PBA, to educate thousands of potential contributors to the ecosystem. The proposal requests funding for a 6-month activity to deliver an advanced in-person cohort, a scalable online program, a new DApps track, a written syllabus, university partnerships, and continuous learning initiatives for alumni. The first cohort of PBA-X is planned for January 2025. Details in the proposal linked below.

Polkadot Blockchain Academy; PBA-X production and launch, Wave 6 production and execution. September 2024 to the end of March 2025.

### Summary of Centrifuge Proposal for Polkadot Treasury

1. **Proposal Update**: Centrifuge is reducing the initial USDC deployment from 3 million to 1.5 million to address community concerns about potential funding issues.

2. **Objective**: The proposal aims to support the long-term sustainability of the Polkadot Treasury by deploying USDC into real-world assets to earn stable yield and grow the treasury.

3. **Investment Details**: The 1.5 million USDC will be invested in Centrifuge's T-Bill pool, managed by the Anemoy Liquid Treasury Fund, using XCM for direct deposit from the Polkadot treasury.

4. **Benefits**: This investment will diversify the treasury, support real-world assets on Polkadot, and enhance the network's reputation by participating in the RWA Summit.

5. **Security and Transparency**: The beneficiary wallet is the Polkadot Community Foundation multi-sig wallet, ensuring no additional risk from Centrifuge.

6. **Centrifuge's Role**: Centrifuge is a leading protocol on Polkadot, focusing on making real-world assets more liquid and accessible in the DeFi space.

7. **Historical Context**: Centrifuge has a history of successful collaborations with Polkadot, including completing two grants and securing a parachain slot.

8. **Marketing and PR**: Centrifuge will promote this investment to highlight Polkadot's commitment to growing its ecosystem and treasury.

WHO: Polkadot Community Foundation on behalf of the DAO, Centrifuge
WHAT: Deploy 1.5M USDC into Centrifuge's T-Bill pool, Anemoy Liquid Treasury Fund, to earn stable yield, grow Polkadot TVL, diversify the treasury, bolster RWAs within Polkadot, and support Centrifuge
PRICE/TIMEFRAME/RESOURCES: 1.5M USDC immediately, no lock-up period, no added layer of risk for Centrifuge, fees for the fund are 15bps annually

*UPDATED* Proposal for the Polkadot Community to Earn RWA Yield on Idle Stablecoins via Centrifuge

### SubWallet Proposal Summary

1. **Overview**: SubWallet is a non-custodial wallet for Polkadot and Kusama ecosystems, offering browser extension, mobile app, and web app.

2. **Achievements**: 
   - Supports 150+ networks.
   - Over 1.6 million installs and 800,000+ users from 100+ countries.
   - Active community of 50,000 members on social platforms.

3. **Key Features**: 
   - Multi-chain asset management.
   - XCM transfers.
   - Staking options.
   - Hardware wallet support.

4. **Support Rationale**: 
   - Crucial for ecosystem growth.
   - Efficient treasury spending.
   - Comprehensive contribution to ecosystem development.

5. **Notable Integrations**: 
   - New Polkadot Ledger app.
   - Polkadot <> Kusama bridge.
   - Polkadot <> Ethereum bridge.

6. **Continuous Improvements**: 
   - Regular updates and new features.
   - Support for new XCM channels.
   - Enhanced user experience.

7. **Proposal**: Seeks retroactive funding from the Polkadot Treasury for work done from December 2023 to July 2024.

[Retroactive] SubWallet 08 Months 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

medium_spender

Referenda Big 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 around 100,000 DOT from the treasury at once.

[34] Origin: BigSpender