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

big_spender

**Merkle Mountain Belts (MMBs)**

- MMBs are a new data structure designed to improve Merkle Mountain Ranges (MMRs).
- The goal is to create a library and integrate MMBs into the BEEFY protocol on Polkadot.
- MMBs help save money, estimated to be $1.0-1.4 million a year for bridge users.
- The project will run from December 2024 to December 2025.
- They are more efficient for users who check recent data.
- The team has experience with Polkadot and includes researchers and developers.
- They request funding to complete the project and have made changes based on feedback.
- More details can be found in their full proposal.

Rejected

Treasury Proposal: Merkle Mountain Belts (MMBs)

- The team has completed work for Phase 2 of their project and is happy with the support they received.
- They shared links to a book, a code repository, and weekly updates on their progress.
- They are excited to be the first team to submit a project review for a new milestone with their client called Strawberry.
- For Phase 3, they are using feedback from Phase 2 and are asking for USDT instead of DOT as funding.
- They are thinking about using Polkadot Storage to keep important data safe from other data networks.
- They believe that storing historical data is useful for developers and explorers and want to add more features.
- The team has been working on this project since 2021 and received a grant to help them.

Polkadot Storage: Phase 3/3

Polkadot wants to grow its presence in Asia, as this region is important for the crypto world. 

- More developers and projects can help increase the value of DOT.
- Polkadot aims to be a leader in the global blockchain market.
- They plan to attend big events and showcase their innovations.
- The team behind this growth is called DCENTRAL, skilled in organizing major crypto events.
- They believe their experience and connections will help promote Polkadot effectively.
- Your support can help attract more users and strengthen the Polkadot community.
- By voting for this proposal, you can help Polkadot grow in Asia.

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

- The treasury spent a lot of money on a project called DED.  
- DED is now finished and not active anymore.  
- There is a hope to recover some of the lost value.  
- A new community project is being suggested for funding.  
- The goal is to keep another project, WUD, successful.  
- People are being asked to vote on whether to support the new project.  
- Voting "AYE" supports new ideas, while "NAY" keeps supporting DED.  
- Links to more information about the projects are provided.  

TimedOut

use DED to fund WUD

nayyyy

Crystal Intelligence is a firm that wants to help Polkadot, a blockchain system, become better in important ways. Here are the main points:

- Crystal aims to improve security, transparency, and follow rules for Polkadot.
- They want to monitor transactions in real-time and provide helpful data tools.
- The proposed budget for this project is $1,375,000.
- One of the goals is to help more businesses use Polkadot by giving them free access to Crystal's tools for a year.
- The project includes monitoring transactions, helping with rules, and marketing to make Polkadot better known.
- It will take 12-18 months to complete this project, with several phases and important steps along the way.
- Crystal has experience working with big organizations like the UN and banks, showing they can be trusted.

Crystal Intelligence Blockchain Intelligence Proposal 

Apillon is a platform that helps people build and use Web3 technology on Polkadot. Here are some key points about their Milestone 3 proposal:

- The project leader is Matjaž Sobočan, and the proposal needs $809,600.
- It will work on new services and improve existing ones, like making tools easier for developers.
- They plan to include tools for creating online databases and secure storage.
- Apillon wants to make using Polkadot easier with ready-made templates and user-friendly designs.
- They’re committed to improving security and getting feedback from users to enhance their services.
- They will focus on partnerships with other technology companies for better integration.
- The Salesforce integration will be discussed in a separate proposal later.

Executed

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

- ArtemisAnalytics is a trusted data provider used by big investors in crypto.
- They want to spend $200,000 to help build tools for Polkadot, a crypto project.
- The funds will be used to integrate Parachains into Artemis's products and create custom project pages.
- Sharing important data will help investors understand Polkadot better, especially with Polkadot 2.0 coming soon.
- This project aims to educate investors about the Polkadot ecosystem and its many parachains.
- The total integration process is estimated to take about 60 days, or 2.5 to 3 months.

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 special tool that helps people manage their digital money in the Polkadot ecosystem.
- The team is asking for $690,600 to maintain and improve the wallet from October 2023 to September 2024.
- Talisman Wallet has around 130,000 users and has helped people earn over 8 million DOT, which is a type of digital currency.
- It features easy-to-use design for beginners while also offering tools for more experienced users.
- Talisman also has a web application called Talisman Portal, which helps users do many things like checking their tokens and participating in activities.
- The team has a strong background in technology and aims to make using Polkadot easier and safer for everyone. 
- They are open to suggestions and encourage users to share their ideas for improving the wallet experience.

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

- The EasyA x Polkadot University wants to create a program to help students and builders get money to create projects on Polkadot.
- This program aims to support new builders by giving them up to $10,000 quickly, usually within 72 hours.
- Many people at hackathons want to build on Polkadot, but they need clear funding options.
- This proposal is based on a similar successful program from another blockchain called Solana.
- A group of five experts will decide on the funding requests.
- The goal is to grow the Polkadot ecosystem by offering support and opportunities to new builders.

EasyA x Polkadot University Microgrants Bounty

- A program was created to help a group work together and promised to pay salaries to encourage commitment.
- The program started without salaries, leading to people working without pay and conflicts within the group.
- There is a risk of the whole program failing and the group splintering further.
- The suggested solution is to move forward with the program and implement changes immediately.
- Concerns about the high salary suggest it might be too much, but it's seen as necessary to attract good workers.
- Some feel people should prove their merit before getting paid, which is criticized as unfair treatment.
- There are worries about individuals undermining the program, but careful handling is advised instead of harsh actions.
- A total of 840,000 USDT is requested to keep the program going for four months while making important updates.

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 asking for 165K USDC to help Polkadot with public relations (PR) over 4-5 months.
- They plan to deliver at least 120 unique articles and 30 posts on social media like Reddit and YouTube.
- Since January 2024, they have already created over 325 articles for Polkadot and worked with various ecosystem teams.
- MarketAcross has helped get news coverage in big publications like Forbes and CoinDesk.
- They provide a submission form for teams to share news, so they can help with PR.
- Their goal is to support Polkadot projects and help them share their stories better.
- They have been working with Polkadot and other major projects since early 2020.

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

- The Polkadot Music Events Initiative (PMEI) wants to bring a company called Billfold into the Polkadot network, asking for $1.133 million to do this.
- This money will help cover costs for integrating Billfold, which helps sell items at events using simpler payment methods.
- By working with Billfold, they hope to add over 3 million new users to Polkadot and have a lot of transactions every year.
- PMEI's plan is to make it easier for music and event companies to use blockchain technology to improve their services.
- Billfold is already successful, handling over $150 million in transactions each year.
- The project aims to complete user onboarding in 3 months and full integration in about 8 months.
- This partnership is expected to make Polkadot grow and become more popular in the music industry.

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

**Staking Rewards Stake App Integration & Ecosystem Partnership**

- StakingRewards.com helps people invest in cryptocurrency through staking.
- The project aims to integrate Polkadot, improving how users stake and enhancing the network's security.
- Users can stake with different validators easily through the new Stake App.
- The integration will improve the staking experience by adding tools for monitoring and strategy.
- The initiative will also help attract more validators and increase the number of people using Polkadot.
- Community feedback has led to changes, like new ranking systems and a badge for decentralized validators.
- The total funding needed for the project is 100,000 Euros to cover research, testing, and launch phases.

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 is a media hub that encourages storytellers in the Polkadot community since 2021.
- They support content creators to help share ideas and products better.
- In 5 months, they published a weekly newsletter with 26 issues and opened 41 content bounties.
- WagMedia rewards impactful content with cash bonuses, averaging around $104 per post.
- They keep all content organized on their website and promote it through social media.
- WagMedia helps new creators grow and become important figures in their community.
- They aim to make their website easier to use and continue supporting the Polkadot ecosystem.
- Challenges include fewer new creators joining the community, but they keep rewarding great content.

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

- The Polkadot Blockchain Academy (PBA) is planning new programs called PBA6 and PBA-X to train more people.
- PBA has already helped over 400 developers and entrepreneurs learn about Polkadot in the past 2 years.
- The goal is to help thousands of new learners and offer different types of educational content.
- The proposal asks for funding for a 6-month plan to support this new training.
- A new online program, PBA-X, will start with its first group in January 2025.
- There will be two tracks: one for DApps and another for Protocol.
- PBA aims to work with universities to share its content and support former students in their careers.

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.

- Centrifuge is changing its plan to use $1.5 million instead of $3 million for a project involving real-world assets.
- They want to ensure the community is comfortable with their expenses and can still get funds if needed.
- The goal is to help the Polkadot Treasury earn money and support investments that benefit everyone.
- The USDC funds would be used in a safe investment, U.S. Treasury Bills, which have low risk and provide steady returns.
- This investment plan will help Polkadot grow by bringing in more money and resources.
- Centrifuge has a good history with Polkadot, having launched in 2021 and successfully raised funds for projects.
- They believe this is a significant step towards bringing real assets into the Polkadot network.
- The community is excited to share these developments at an important event in New York this October.

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.
   - Built-in XCM transfers.
   - Staking options (Nominate, Nomination Pool, Liquid Stake).
   - Hardware wallet support (Ledger, Keystone, Polkadot Vault).

4. **Integration Highlights**:
   - New Polkadot Ledger app.
   - Polkadot <> Kusama bridge.
   - Polkadot <> Ethereum bridge.
   - Native asset swaps on Asset Hub.

5. **Community Impact**:
   - Contributes to ecosystem growth through comprehensive product suite and marketing efforts.
   - Efficient treasury spending with retroactive funding approach.

6. **Proposal**: Seeks funding from Polkadot Treasury for work done from December 2023 to July 2024. Detailed proposal and costs are available [here](https://subwallet.notion.site/Retroactive-SubWallet-08-Months-Development-6b114811ed4543f58b26c02b6d33c690).

[Retroactive] SubWallet 08 Months Development

Please vote nay

- Chainalysis shared a new proposal with the Polkadot community.
- The proposal includes feedback from the community.
- It aims to help Polkadot grow in the institutional market.
- The goal is to improve compliance and risk management.
- The total cost of the proposal is 6.5 million USDC.
- Payments will be made in three installments over three years.
- The first payment happens when the proposal is completed.

Chainalysis proposes to support Polkadot's institutional market penetration by providing compliance solutions and training programs to ensure compliance best practices. The objective is to increase market capitalization, capture institutional market share, grow global adoption, and maintain a reputation for compliance. The total payment for this proposal is 6.5M USDC, divided into three annual payments. The first payment of 2,166,660 USDC will be made upon proposal completion.

Improved Proposal from Chainalysis to Polkadot

### Polkadot Growth Initiative (PGI) Summary

- **PGI Introduction**: Announced on July 9th in the Polkadot forum, the Polkadot Growth Initiative (PGI) aims to support promising projects in the Polkadot ecosystem.
- **Community Feedback**: The initial concept received over 535 views and 31 replies, leading to improvements based on community input.
- **Investment Threshold**: The investment threshold was raised from 23.33% to 33.33% of a project's funding target after community discussions.
- **Purpose**: PGI is designed to boost project success without lowering the threshold for funding.
- **Benefits**: PGI helps fund projects, increasing their chances of success and benefiting DOT holders through increased block space usage and coretime sales.
- **No Top-Up**: As of August 5, 2024, PGI will not seek additional funding to account for USD payment differences.
- **Co-Investment**: PGI allocates a fixed 10% co-investment in projects that reach the 33% funding target from external investors.
- **Goal**: PGI aims to support the Polkadot ecosystem by funding projects and creating a positive flywheel effect with successful outcomes.

Polkadot proposes the Polkadot Growth Initiative (PGI) to fund promising projects on the platform and increase their success rate. The investment threshold for the PGI is 33.33% of the funding target of a raising project. The PGI aims to increase coretime sales and create a positive flywheel effect. No top-up will be sought for the difference in USD payments.

Polkadot Growth Initiative (PGI)

### Proposal Summary

- **Objective**: Secure a $1 million marketing budget to sponsor 20 global family office summits and investment conferences, aiming to attract untapped capital into Polkadot.
- **Repayment**: The $1 million sponsorship cost will be repaid to the treasury through a 1% revenue-share from capital raised by Harbour Industrial Capital (HIC) at these events.
- **Changes from Previous Proposal**: Introduced a 1% revenue-share model, ensuring a direct benefit to the treasury. The 1% is deducted from HIC's management fees, aligning incentives for both parties.
- **Risk Sharing**: The revenue-share is uncapped, meaning more capital raised results in higher repayment to the treasury.
- **Incentives**: Max and Mario, recently appointed as Head Ambassadors of Polkadot, will organize these events without additional salary, focusing on bringing fresh capital and creating a new Polkadot ecosystem fund.
- **Proof of Work**: HIC has already raised a $10 million Polkadot fund and has a track record of organizing and speaking at Polkadot events.
- **Need for New Fund**: Traditional VCs often overlook Polkadot projects, necessitating a dedicated fund to support ecosystem growth.
- **Target Investors**: Family Offices are seen as the most promising investors due to their familiarity with traditional investment structures and potential for large investments.
- **Budget**: The $1 million budget will cover sponsorship costs for up to 20 events, with costs varying per event. The budget will be used until exhausted, aligning with treasury interests.
- **Revenue Share Model**: 1% of funds raised from LPs will be returned to the treasury quarterly, with transparency reports published regularly.

Harbour Industrial Capital is proposing to obtain a marketing budget of US$1 million to sponsor a series of ~20 major established global family office summits and traditional investment conferences, with the aim of bringing untapped capital into Polkadot. The proposal includes a 1% revenue-share model, where 1% of the capital raised by HIC at these investment conferences from new LPs will be directly returned to the Polkadot treasury. If successfully executed, this US$1 million in sponsorship costs will be repaid to the treasury in full. The proposal aims to create a new large Polkadot ecosystem fund that otherwise would not exist.

Investment Conference Series for Polkadot, with Revenue-share Model for Treasury

- The Polkadot Hub is a new bar and coworking space in Barcelona for the Polkadot community.
- It will combine fun bar experiences with opportunities for working, networking, and learning about cryptocurrencies.
- Barcelona is chosen because it's a lively city and a growing tech hub, attracting many entrepreneurs and businesses.
- The hub will feature a Polkadot-themed bar, coworking areas, and regular events about Polkadot and blockchain.
- Profits will be used to pay staff, buy Polkadot, and expand the hub to more locations.
- Decisions will be made together with the community through a voting system.
- The team behind the project includes Marc and his family, who have experience in the restaurant business.
- People can contact Marc through WhatsApp or Instagram for more information.

WHO: The Polkadot Hub team, led by entrepreneur Marc and his family with expertise in the restaurant business.

WHAT: Create a Polkadot-themed bar and coworking space in Barcelona, offering a unique experience that combines bar culture with business networking and collaboration opportunities.

PRICE/TIMEFRAME/RESOURCES: The project requires an initial investment of 150,000 Polkadots for real estate acquisition, furniture, equipment, licenses, and marketing. The profits obtained will be used to pay staff, cover expenses, invest in promotions, and buy Polkadot for staking earnings. The team also plans to expand with more locations throughout Barcelona or even other parts of the country and the world.

Propuesta de polkadot cafe/coworking

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