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

big_spender

### Summary

- **Interlay** is a key Bitcoin bridge and DeFi hub in the Polkadot ecosystem.
- **iBTC** is in high demand but there is no spare capacity to mint more.
- Interlay plans to add new lending markets and vault collaterals to increase iBTC capacity.
- The Polkadot Treasury is being asked to support incentivizing 45 iBTC with a grant of 202,030 DOT.
- This would help meet the growing demand for iBTC from DEXs and money markets.
- The proposal aims to boost vault rewards to attract more collateral and increase iBTC capacity.
- If approved, the DOT grant would be staked and converted to INTR to incentivize vault operators.

Rejected

Interlay seeks Polkadot Treasury support to incentivize 45 iBTC with a grant of 202,030 DOT. The grant will be used to increase the collateral capacity to mint more iBTC as part of the broader Polkadot DeFi liquidity campaign. The cost to incentivize vault capacity for 45 more iBTC is $1.56M. The granted DOT would be immediately staked as vDOT so that it appreciates with staking rewards throughout the year, further increasing the total value paid out to vault operators.

Incentivize Interlay iBTC capacity as Polkadot common good

TimedOut

VOTE NO - DUPLICATE

- Gossamer is a project built using Go to help the Polkadot network.
- It works as a full node and a validator node to make the network stronger.
- Created by ChainSafe Systems, a company that works on blockchain technology.
- The team is asking for support to continue developing Gossamer for the next 12 months.
- Goals include making the full node more reliable and adding validator node features.
- They plan to test and run nodes on the Polkadot testnet.
- The team is requesting 368,016 DOT to fund this work.
- You can contact them at gossamer@chainsafe.io for more information.

Executed

WHO: ChainSafe Systems

WHAT: Continue supporting Gossamer development for the next 12 months, achieving full node and validator node capabilities, and discovering its potential and value within the Go development ecosystem.

PRICE: 368,016 DOT

TIMEFRAME: Q2/Q3/Q4 2024 and Q1/Q2 2025

Ongoing Development of Gossamer (16 months)

- A refill of 500k was confirmed yesterday, and another 500k is requested.  
- Marketing bounty funds are empty, and the next spending period is 22 days away.  
- The bounty will run on credit, promising influencers payment later, creating debt.  
- The price of DOT dropped by almost 50% since the last refill.  
- Community feedback shows people prefer transparency over cost savings.  
- Influencers offer discounts if prices are kept private, but the community wants full transparency.  
- Transparency will increase costs by 50% to 100%, but it will show detailed spending.

WHO: The person making the proposal
WHAT: Requesting a refill of 500k for marketing bounty
PRICE/TIMEFRAME/RESOURCES: Not specified

Requesting a refill for marketing bounty number #33

Chainalysis has proposed a collaboration with Polkadot to provide data, analytics, and compliance solutions. This partnership aims to help Polkadot grow its business compliantly within the institutional market. Chainalysis will offer visibility to regulators and authorized institutional prospects of any risky on-chain activity related to the DOT token on the Relay Chain. They will also provide on-chain intelligence to authorized institutional clients to meet their requirements related to the listing of the DOT token. The collaboration will help Polkadot increase its market capitalization, capture a larger market share of institutional market growth, grow adoption on crypto markets, avoid fines and reputational losses, and grow in popularity among institutional clients. The proposal can be found [here](https://docs.google.com/document/d/1UutTTs8k0BkcKxIHn8wdQTJDY0WDHrrHjX_7K_f79qw/edit?usp=sharing).

Chainalysis is proposing to collaborate with Polkadot by providing data, analytics, and compliance solutions to help Polkadot grow their business compliantly within the institutional market. Chainalysis is requesting 1,000,000 DOT to provide tooling to Polkadot that helps them enter the institutional market by providing visibility to regulators and authorized institutional prospects of any risky on-chain activity related to the DOT token on the Relay Chain, offering on-chain intelligence to authorized institutional clients to meet their requirements related to the listing of the DOT token, and collaborating with Polkadot on events, announcements, case studies, etc. The proposal aims to increase market capitalization, capture a larger market share of institutional market growth in the crypto assets space, grow adoption on crypto markets across the world, avoid fines and reputational losses, and grow in popularity among institutional clients that are building applications in this ecosystem and driving growth of the developer's community. The proposal has been updated to request 1M DOT instead of 10M USD, API access, onboarding from 10 months to 6 months, inclusion of AssetHub in the onboarding, and changes in the phases reducing the deadlines.

Chainalysis analytics solutions on Polkadot Relay Network

**Nova Spektr: All-in-One Polkadot Desktop Application**

- **Purpose**: Nova Spektr is a desktop app for the Polkadot ecosystem, designed for enterprise users, DAOs, and individual users.
- **Features**: Includes OpenGov voting, delegations, asset portfolio view, and support for complex account structures.
- **Enterprise Focus**: Supports over 75 Polkadot networks, multisig operations, staking, and secure key management.
- **Funding**: The project is funded by the Polkadot Treasury for 5 months.
- **Milestone 4**: Focuses on enhancing governance, operations, and user experience.
- **Security**: Features secure key management, hardware wallet support, and light client integration.
- **Open Source**: The application is secure and open-source, with a metadata portal for over 80 Polkadot networks.
- **Proposal**: Detailed proposal available [here](https://docs.google.com/document/d/14wyKOadBkY2BPZp5IUHD6Ved1mX-AdgOJ4253UyWmMU/edit).

Nova Spektr is a Polkadot desktop application for enterprise adoption. They are proposing funding for 5 months to develop enterprise-focused features for their all-in-one application, with a focus on OpenGov voting, delegations, and multisigs. The proposal includes a detailed list of features and is funded by the Polkadot Treasury.

Nova Spektr Milestone 4 Proposal: OpenGov voting and delegation, Support for complex account structures, Flexible multisigs, Operation basket, Assets Portfolio view, Fellowship voting, Web-hosted app

**Summary:**
- The IBP is a group of independent infrastructure providers aiming to be the main service provider for the Polkadot ecosystem.
- They offer infrastructure services like RPC to help new and existing projects focus on building.
- The program is designed to make the Polkadot and Kusama networks more decentralized and resilient.
- Services are provided on infrastructure owned by the members, avoiding intermediaries.
- Payment is only made retroactively for delivered services, based on USD value.
- The proposal includes setting up over 1140 RPC nodes and handling billions of requests monthly.
- Full details are available in the linked document.

The IBP aims to become the main ecosystem RPC and 'IT department' for the Polkadot ecosystem and all parachains by offering infrastructure related services. The program is a specialized initiative to enhance the decentralized infrastructure of the Polkadot and Kusama network. The requested amount is set up as a bounty with 5 Polkadot native curators where costs are only paid retroactively. RPC services are all paid retroactively for delivered services monthly by USD value.

Infrastructure Builders Program Bounty

**Polkadot Sports Sponsorship Proposal**

- **Proponent:** ORSEN_SEAN
- **Beneficiary:** Multi-sig wallet with 8 trusted community members
- **Funds Requested:** 968K DOT (USD 8,820,000)
- **Purpose:** Secure a global sports sponsorship with a top sports team
- **Benefits:** Elevate Polkadot's global brand recognition and engage a large fanbase
- **Partnership Management:** Handled by ORSEN SA, an international sports marketing agency
- **Sponsorship Assets:** Include branding, advertising, VIP experiences, and fan engagement activities
- **Goal:** Increase awareness, education, engagement, and conversion of Polkadot technology

**WHO:** ORSEN\_SEAN

**WHAT:** Requesting 968K DOT (USD 8,820,000) to secure a global sports sponsorship opportunity with one of the world's most engaging and followed sports teams, managed by ORSEN SA.

**WHY:** To instantly elevate Polkadot to become a globally recognizable brand and develop and promote Polkadot technology through a highly engaged global fanbase providing on-chain activations and real-life technology use cases.

#644 Polkadot - Sports Sponsorship Fund

- The Mythos Foundation and Mythical Games are working with Polkadot to improve blockchain gaming.
- Mythical Games is the second-largest processor of digital assets after Ethereum.
- They plan to swap tokens: 1,000,000 DOT for 20,000,000 MYTH tokens.
- This partnership aims to bring over 4 million players to Polkadot and enhance gaming experiences.
- Mythical Games, known for popular games like NFL Rivals, will help increase interest in Polkadot's gaming capabilities.
- The initiative will benefit DOT holders through airdrops and gaming incentives.
- Mythical Games aims to create better ownership and value for players in games.
- Polkadot's technology supports customized and flexible game development.

Mythical Games and Polkadot, a proposal from Mythos Foundation Swiss

VOTE no, wrong track

- A replacement referendum aims to execute the funding from Ref 514.
- Ref 514 failed to pay out at the end of the last spend period.
- The funds will be returned to Treasury Partners Conor Daly and Athelo Group.
- Details are provided in a community update video by The Kusamarian.
- The beneficiary is a multi-sig held by Conor Daly, LearnPolkadot, and The Phunky One.
- DOT holders are urgently asked to support this referendum.
- The deadline for confirmation is April 17, 2024, at ~9PM UTC.

WHO: Polkadot Holding community, Conor Daly, Athelo Group.

WHAT: Execute funding passed in Ref 514 and return donations to Treasury Partners.

PRICE/TIMEFRAME/RESOURCES: Urgent support needed to confirm referendum before April 17, 2024, at ~9PM UTC.

Conor Daly Indy500 Replacement Ref

The Tie, a leading provider of information services for digital assets, has proposed a partnership with Polkadot to increase its institutional visibility and foster connections with traditional and crypto-native institutions. The partnership aims to provide Polkadot with a series of curated institutional access services and build meaningful analytics for widespread distribution. Key benefits of the partnership include speaking opportunities at The Tie's conferences, private meetings with institutions, an invitation-only event focused on Polkadot, webinars, and a Polkadot-centric dashboard on The Tie Terminal. The Tie will also build standardized Polkadot metrics and redistribute Polkadot analytics via API to exchanges and platforms, enhancing Polkadot's visibility among millions of clients. The requested amount for this partnership is 150,000 DOT.

The Tie proposes to partner with Polkadot to increase institutional exposure and access by providing institutional access services and building meaningful analytics. The proposal includes speaking opportunities, private meetings, webinars, and a Polkadot-centric dashboard. The requested amount is 150,000 DOT for 24 months of service.

Polkadot x The Tie Partnership to Increase Institutional Exposure and Access

- Velocity Labs is starting a project called the DeFi Infrastructure and Tooling Bounty.
- The community has already approved this project with a vote.
- The bounty doesn't need extra money; it just needs curators for management.
- A group of seven curators will oversee the bounty.
- Curators include leaders from companies like Velocity Labs, Moonbeam, and Acala.
- The management will carefully decide how to use the funds.
- People are encouraged to ask questions in the comments.

Velocity Labs proposes a curator set for the DeFi Infrastructure and Tooling Bounty, which has already been approved by the community. The bounty will be managed with a 4/7 multi-sig, and the proposed curators include Nicolas Arevalo, Alberto Viera, Bryan Chen, Lucas Vogelsang, Leemo, Jakub Gregus, and Giotto. No additional funds are requested.

Proposing Curators for the DeFi Infrastructure & Tooling Bounty

Our team just finished a big project that cost 250,000 and we almost ran out of money. We think we should always have at least 500,000 to make sure we can keep working on marketing. We want to spend more money on marketing in the future to get more people to know about us. We also want to work with big airports in important cities, but we need to pay them many months in advance. So, we need to have some extra money saved up. We are asking for 500,000 more. You can see all our spending and work at this link: https://bit.ly/m/reports

WHO: Unspecified group/individual
WHAT: Requesting a refill of 500k DOT to maintain a reserve for marketing bounties, increase spending, and pay for deals with airports in key cities.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Error - Vote no

The Polkadot Blockchain Academy (PBA) is asking for money to run their fifth program. This program will happen from May 20 to June 20, 2024, at the National University of Singapore. They will teach 90 students in person and 50 to 100 students online. The goal is to help more people learn about Polkadot and become good at using it. They teach in person and also make online lessons. You can read more about their plan by clicking this link: [Proposal Details](https://docs.google.com/document/d/1K1hkkK7OYxZ1dhpLMC36lJuO5FBlhEe1dMtQYyNcHbQ/edit#heading=h.l03seqnwsavp).

WHO: Polkadot Blockchain Academy (PBA)
WHAT: Funding proposal for the fifth wave of the Academy, selecting 90 in-person and 50-100 remote students to speed up Polkadot adoption
PRICE/TIMEFRAME/RESOURCES: Not specified in the summary, detailed proposal available in the provided link.

Polkadot Blockchain Academy - Wave 5 in person and remote - Singapore 20th May to 20th June 2024

PBA referendum - vote NAY - incorrect preimage

- A group is requesting 1,000,000 DOT to help a project called StellaSwap.
- The goal is to make more people use and trade on Polkadot.
- StellaSwap is a special trading platform that helps find good prices for assets.
- The money will make the market stronger by increasing the trading options available.
- They want to make Polkadot more popular and active through increased trading. 
- StellaSwap already has a lot of users and high trading amounts. 
- More funding will allow for better services and benefits for users.

StellaSwap requests 1,000,000 DOT to grow DeFi activity on Polkadot by deepening market depth and attracting liquidity. The grant will be used to increase market depth of strategic assets and foster a more efficient marketplace. The goal is to kickstart flywheel effects and increase network activity and exposure.

StellaSwap Incentive Program

### Polkadot Hydration Campaign

- **Goal**: Attract liquidity to the Polkadot ecosystem.
- **Amount Requested**: 1,000,000 DOT.
- **Purpose**: Fund a liquidity mining program.
- **Assets Included**: DOT, iBTC, vDOT, and native stablecoins.
- **Impact**: Increase trading efficiency and ecosystem health.
- **Parallel Proposal**: LP 1,000,000 DOT into the HydraDX Omnipool.
- **Governance**: Approved by HydraDX token-holders.
- **Previous Discussion**: Increased from 500,000 DOT to 1,000,000 DOT based on feedback.

HydraDX Treasury is requesting 1,000,000 DOT to fund a liquidity mining program to attract liquidity and attention to the Polkadot ecosystem. The program will provide incentives for LPing into DOT, 8+ ecosystem assets, iBTC, vDOT, and native stablecoins. The proposal was ratified by HydraDX token-holder governance, and the full proposal can be found in the provided links.

Polkadot Hydration: Liquidity Incentives

### Summary of Proposal

- **Objective**: Increase DOT liquidity in the HydraDX Omnipool.
- **Requested Amount**: 1,000,000 DOT.
- **Method**: Non-custodial and decentralized, with funds controlled by Polkadot Protocol and OpenGov.
- **Current Liquidity**: Over 690,000 DOT and 560,000 vDOT already in the Omnipool.
- **Benefits**: Better order execution for DOT trades, aiding ecosystem projects and Treasury diversification.
- **Related Proposal**: A parallel proposal suggests 1,000,000 DOT for liquidity incentives.
- **Previous Discussion**: Initial request was 500,000 DOT, increased to 1,000,000 DOT based on feedback.
- **Full Details**: Available in the [full proposal document](https://docs.google.com/document/d/1f66CtFkJZmvVeAbKc_ivBRrmcR0FnG63QGUgywca_x8/edit).

Polkadot proposes to add 1,000,000 DOT as liquidity into the HydraDX Omnipool in a decentralized and non-custodial manner, with the funds remaining under the control of the Polkadot Protocol and OpenGov. The requested DOT would add to an existing 690k+ DOT (and 560k+ vDOT) which is already LPed into the Omnipool. The proposal aims to strengthen DOT on-chain liquidity and provide better order execution for anyone trading DOT on HydraDX. The requested amount is 1,000,000 DOT, and the proposal was made on 08-03-24.

Polkadot Hydration: Treasury LP

DED foundation is deciding whether to prioritize speed of execution or seek funds from the Treasury. Memes are important in the community as they bring people together through humor and a sense of belonging. A tool for airdrop and distribution of meme coins will be open source. A referendum is being held to see if the community wants to fund DED long-term, asking for 1 million DOT. Voting yes means 100% of DED tokens will be distributed to DOT holders, while voting no means a smaller amount will be distributed and private investors and influencers will be involved. The goal is to understand the community's long-term view on funding DED.

The DED foundation is proposing a referendum to ask for 1 million DOT for future funding. The referendum aims to understand if there is appetite for long-term funding of DED. Voting yes means 100% of the supply will be distributed to DOT holders, while voting no means a smaller amount will be distributed and private investors and influencers will be involved. The proposal does not specify a timeframe or resources needed.

DED Bounty - VOTE NAY

The Paseo testnet bounty is a proposal for a decentralized, community-run testnet for Polkadot. The proposal does not request funds but aims to set curators for the bounty. There are four proposed curators: Birdo, Chaosdao Multisig (2/3), Erin Grasmick (Parity Devops), and Wil Wade (Frequency). A multisig has been set up with these curators, and individual signers are listed. The Chaosdao Multisig consists of three key members selected for their participation in Polkadot governance and other bounties. All child bounties will be voted on within Chaosdao governance and enacted by the multisig signers. Links to the curator submission, original discussion, forum post, treasury proposal, and Paseo.network website are provided for more information.

This proposal sets the curators for the Paseo Testnet bounty, with no funds requested. Four curators have been proposed with a 3/4 threshold, and a multisig has been set up. The ChaosDao Multisig will handle all child bounties, and all bounties will be voted on within ChaosDao governance. No price or timeframe is mentioned.

Paseo Testnet - Curator submission

Token Terminal and Parity Data have proposed a plan to integrate Polkadot's ecosystem data into Token Terminal's product suite. This will allow Polkadot data to be shared directly with major partners like Bloomberg, MarketVector, and Coinbase SMA, giving Polkadot more exposure to institutional investors. Here are the main points:

1. Token Terminal will create a data pipeline for Polkadot, which is needed for their partnerships with Bloomberg and MarketVector.
2. This will let Polkadot's data be shared with Bloomberg and make DOT eligible for MarketVector indexes, which will be shown on Coinbase SMA platform.
3. Token Terminal already covers data for 16 other blockchain networks.
4. Parity Data will help with data integration by providing expertise and access to important information.
5. The plan will include data from all active Polkadot parachains and create a unified dataset on Token Terminal's web platform.
6. Polkadot's data will be available on all of Token Terminal's data products and channels, including the Bloomberg Terminal.
7. There will be a research article and podcast episode about Polkadot's data and ecosystem.
8. DOT will be eligible for Token Terminal-powered cryptoasset indexes.
9. The Parity team will have access to Token Terminal's data products to check the integrated data.
10. Parachains will get more exposure to investors and decision-makers through unbiased metrics.
11. The partnership will last for 16 months and cover integration and maintenance.

This integration will help Polkadot be more visible in the global blockchain analytics space and reach a wider audience of investors and decision-makers.

Token Terminal proposes to integrate Polkadot's ecosystem data into its product suite, enabling direct data sharing with major partners such as Bloomberg, MarketVector, and Coinbase SMA. The proposal requests 171,827 DOT for a 16-month integration and maintenance period. The initiative will integrate data across all active Polkadot parachains, establish a parachain price feed, and make Polkadot's data available across all of Token Terminal's data products and channels. Polkadot's native token DOT would become eligible for Token Terminal-powered cryptoasset indexes. The partnership will span 16 months covering integration and maintenance.

Token Terminal x Polkadot data partnership - Polkadot ecosystem on Token Terminal and their partner platforms (Bloomberg, MarketVector)

A request has been made to refill the marketing bounty number #33 with 250k DOT. The previous refill of 100k was almost spent before the spending period ended, which could have led to no funds for marketing for a month. To avoid such situations, especially with the uncertainty introduced by DV, it is important to have several months' worth of spending in reserve. Bounty #41 will be abandoned, and an amendment will be made to bounty #33 with this specific referendum. The purpose of this bounty is to support marketing for Polkadot without specific rules or restrictions. The only rule is that if a curator is involved in a proposal, they must abstain from voting. All reports regarding expenses and deliveries will be available at the provided link.

WHO: Polkadot

WHAT: Requesting a refill of 250k DOT for marketing bounty #33, which aims to support marketing for Polkadot with no specific rules and restrictions.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Refill for marketing bounty number #33 [250k]

Error - Vote NAY

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