- A mistake was made in a proposal about funding; it was labeled wrong and needs a new vote.
- Zhixi from Interlay is sharing a plan to create a bounty program to help with buying and selling digital money on Polkadot.
- This program aims to make it easier for new users to join Polkadot by solving problems with buying and selling different tokens.
- They previously started a successful project on a similar network called Kusama.
- The new target is to help 15 assets on 14 parachains in Polkadot, including popular tokens like DOT and USDT.
- The plan includes integrating a service called Banxa to allow people to buy tokens directly with real money.
- The total cost of this project is 326,040 USD, and they are asking for community feedback and support.

Executed

medium_spender

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 

Hey Builders! We have a proposal for the Polkadot Treasury to create Swanky, a tool to help developers work with ink! smart contracts on Polkadot and Kusama. Swanky has two parts: Drink library and drink-cli command line tool. We want to make it easy for new developers to start and manage projects. We are asking for funding from September 2023 to February 2024. We will show our progress and complete tasks to get the funding. We already talked about our plan with the Astar community. You can find more details in the links below:

- Astar Forum: [link](https://forum.astar.network/t/swanky-roadmap-open-discussion/4801)
- ink!Hub Roadmap: [link](https://github.com/orgs/swankyhub/projects/2/views/1)
- Public discussion: [link](../post/1872)
- Full Proposal: [link](https://docs.google.com/document/d/1Xn87R0VWuB4i3Txxxw-zwaILrk-WV6TSKnZycuLG5MA/edit?usp=sharing)

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 proposed changes in RFC14 help make it easier for blockchain projects called parachains to manage themselves.
- Parachains usually need permission to unlock or change things, which can take a long time.
- This new plan allows parachain managers to lock their parachains only when they choose to or when a block is successfully created.
- The goal is to reduce waiting times and make management simpler for parachain teams.
- It addresses problems like rescuing projects that have issues with their setup without needing extra approval.
- The changes also help with renewing leases for these parachains more efficiently.
- Overall, RFC14 aims to give more control to parachain managers.

big_tipper

WHO: The proposer and the Fellowship. 

WHAT: RFC14 proposes changes to the parachain lock mechanism to allow self-service actions by parachain managers without relying on general public voting. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Create & implement RFC14 - Improve locking mechanism for parachains

- 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

The Thomson Reuters Foundation (TRF) has proposed a project to build a better understanding of blockchain technology in mainstream global media. The project aims to educate non-crypto audiences and journalists about the fast-evolving blockchain ecosystem and its potential applications beyond decentralized finance. The TRF is seeking a grant of 53,938.013 DOT ($234,024 at $4.45/DOT) to fund a pilot training program. The pilot program will be developed in collaboration with the Web3 Foundation and aims to create a robust and needs-driven training methodology that can be scaled in future phases of the partnership. The TRF is an independent charity that works to advance media freedom, foster inclusive economies, and promote human rights.

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

- This proposal is about choosing curators for a project called Bounty 19.
- It wants to officially confirm the six community members as curators and agrees on a payment plan.
- The ink!ubator budget is already set, so no more money is needed.
- In the last five months, 11 projects received grants totaling $762,860.
- The MuFi team works on payments for creators and helps handle many transactions.
- Curators will receive $5,000 each, plus extra for their work, totaling $97,200 for all curators and facilitators.
- You can find more information on their GitHub and website.

big_spender

The proposal aims to confirm curator candidates and approve fee allocation for Bounty 19. WHO: ink!ubator. WHAT: assign curators and facilitator, request $97,200 USD for rewards. FOR WHAT: Bounty 19. No additional funding is sought.

Election of curation team - bounty 19: Wasm Smart Contracts Bounty

**Nova Spektr Milestone 3 Proposal Summary:**

- **Nova Spektr** is a Polkadot desktop application for enterprises and users.
- The proposal includes new features like Dynamic Derivations, WalletConnect v2, and cross-chain transfers.
- It aims to improve staking, add Ethereum address support, and integrate fiat values.
- The app will be distributed on the App Store and Microsoft Store.
- The proposal includes public demos, GitHub releases, and open-source code.
- The goal is to make Nova Spektr a comprehensive Polkadot tool for all users.

Nova Spektr proposes to develop new features for their all-in-one Polkadot desktop application, including Dynamic Derivations, WalletConnect v2 integration, Proxy accounts, Cross-chain transfers, Fiat values integration, Ethereum address support, Staking improvements, Wallet details, and distribution in App Store and Microsoft Store. The proposal aims to expand the feature set of Nova Spektr for the Polkadot & Kusama ecosystems. The intended outcomes include the implementation of the proposed features, reimbursement for additional delivered features, public demos, GitHub releases, open-source desktop application, maintenance and support of the Metadata portal, and user support. The full proposal with detailed description and costs can be found in the provided link.

Nova Spektr Milestone 3 Proposal: Dynamic Derivations, WalletConnect v2, Proxy accounts, Cross-chain transfers, Fiat values, EVM addresses & more

- Polkadot is a technology leader in the web3 world, helping many creative projects.
- Many users need simpler applications and are using other platforms because Polkadot's parachain is too complex.
- Magnet is a new smart contract platform that uses Polkadot's main token, DOT, for fees and transactions.
- It will first focus on EVM smart contracts, which are popular, and later support another type called WASM.
- Magnet will use a model where users pay as they go, making it flexible and connected to Polkadot's security.
- It will operate on Tanssi Network, which will help its development.
- The money earned from Magnet will support various parts of Polkadot and only keep what it needs to run.

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

Paradox is being recognized for his hard work on important referendums. He helped create and improve proposals to reject some government ideas and return money to people who supported them. Paradox was involved from the beginning and continued to help throughout the whole process. This reward shows how thankful the community is for his dedication and expertise in making these proposals successful.

WHO: The community<br>WHAT: Recognize and reward @paradox for his contributions in drafting and refining referendums rejecting certain Gov1 treasury proposals and facilitating the release of proponent deposits.<br>PRICE/TIMEFRAME/RESOURCES: Not specified.

Recognising Paradox's Contributions to Reject Gov 1 Proposals and Release Bonds

Multix is a user-friendly interface for managing complex multisigs. It has been live for over 6 months and supports more than 13 chains. The proposal aims to continue developing Multix and create a Cypress Dapp testing plugin to benefit all Polkadot Dapps. The plugin will allow teams to automate Dapp integration tests without the need for mocking. The development request is for 214,099 USD for the next 6 months.

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 is a project that aims to improve and decentralize governance communications in the Polkadot ecosystem. It allows on-chain discussions about any entity or resource, such as proposals, accounts, or transactions. This communication layer is open and accessible by anyone and any application, improving information flow and availability in the ecosystem. OpenComm has already been integrated into various ecosystem apps, including Zeitgeist, Polkassembly, Polkadot Study, and Sub.ID. The project has requested 27,259 DOT ($133,080 USD) to further develop and expand its services.

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

- The substrate-api-client needs money to keep working well.
- They changed from asking Kusama for help to asking Polkadot.
- This proposal is smaller and focuses on basic updates and support.
- If they don’t get the funding, they will stop helping others.
- It is a library that helps connect to special computers called nodes.
- Developers can use it to work with Polkadot and Kusama chains.
- They have made similar funding requests in the past.
- More information can be found in their full proposal.

small_spender

WHO: The substrate-api-client team
WHAT: Seeking funding for maintenance of the substrate-api-client Rust library for connecting to a substrate-based node via RPC from a no-std environment
PRICE/TIMEFRAME/RESOURCES: Details in full proposal, seeking ongoing funding

Maintenance for the substrate-api-client Sep-23 to Dec-23

- The community is asking for help to refund deposits from old proposals.
- Four proposals wanted refunds before a new one was started.
- To avoid problems, those refunds were not included in the latest request.
- Now that the old proposals didn't succeed, the community wants to refund them too.
- This new request is for **CCTF** to get back 360.20 DOT.
- The goal is to be fair and help those who were affected.
- If someone has a different proposal, they should start their own request.

WHO: The proposer seeks to refund CCTF (123LuJKS65HaBbLSdDS46ByeC7bvQwA1iUhTpmjigQAfUKpK).

WHAT: The proposal seeks to refund 360.20 DOT for their original proposal.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Refunding CCTF's GOV1 Treasury Spend Deposit

- The community is thanked for helping with refunds for some proposals.
- Four proposals were already asking for money back when a new one started.
- To prevent problems, those refunds were not included in a batch.
- Now that the four proposals didn't succeed, refunds are being requested to be fair.
- A specific refund of 500 DOT is requested for **RADIUMBLOCK.COM** for their rejected proposal.
- This refund effort is focused only on certain proposals from the start of Open Gov on Polkadot.
- If someone feels unfairly treated about a other proposal, they should start their own process.

WHO: The proposer seeks to refund RADIUMBLOCK.COM. 

WHAT: The proposal seeks to refund 500 DOT for their original proposal. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Refunding Radium Block's GOV1 Treasury Spend Deposit

- A community is working on refunds for deposits related to past proposals.
- There were four proposals needing refunds that were not included in a previous batch to prevent double payments.
- Since those proposals did not succeed, the community wants to refund their deposits fairly.
- The proposal includes a refund of 212.8825 DOT to **MIDL.DEV** for one of their rejected proposals.
- This refund effort is only for proposals that were part of the initial spending queue.
- The community advises those with unrelated proposals to create their own requests for refunds.

small_tipper

WHO: The proposer seeks to refund MIDL.DEV.
WHAT: Refund 212.8825 DOT for their original proposal.
PRICE/TIMEFRAME/RESOURCES: Not mentioned.

Refunding MIDL.DEV's GOV1 Treasury Spend Deposit

- A community is working to close and refund deposits related to old proposals.
- There were already four proposals seeking reimbursement when the new one was started.
- To avoid mistakes, those refunds were not included before.
- Now that the old proposals did not succeed, refunds may be requested.
- One specific refund is for PINK NODE, which would receive 172.387 DOT.
- This refund plan only covers certain proposals from the start of a project called Open Gov on Polkadot.
- If someone feels they should get a refund but are not included, they should suggest their own proposal.

WHO: The proposer seeks to refund PINK NODE (13EAhGcpe93mqSFZQrQ4P2cfpdAo5txWc5UQVTfEKDoqZjhw).

WHAT: Refund 172.387 DOT for their original proposal.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Refunding Pink Node's GOV1 Treasury Spend Deposit

The Polkadot Assurance Legion (PAL) bounty referendum aims to make audits more accessible to all consumers of Polkadot blockspace, improving security and attracting new builders. The proposed curator address is controlled by a 5/7 multisig of 7 bounty curators with expertise in Rust, Substrate, ink!, and blockchain security. The curator fee is 2% (10800 DOT). The curators are:

1. Valery Gantchev (cl0w) - Core runtime engineer at HydraDX, author of Substrate pallets, interested in blockchain/DeFi security.
2. Dominik Harz - CTO at Interlay, worked on economic security of DeFi during his PhD, interested in formal methods for software security.
3. Bryan Chen - co-founder & CTO of Acala, top community contributor to Substrate and Polkadot.
4. Pierre Ossun - Software engineer focused on WASM contracts at Astar, experienced in writing/reviewing/fixing ink! smart-contracts.
5. 0xTaylor - ChaosDAO & Polka Häus Co-Founder, Technical Advisor, Security Researcher, and Consultant.
6. Hang Yin - Co-founder and CTO at Phala Network, 5 years of Web3 core development experience, author of Phala Network Technical Whitepaper.
7. Alberto Viera - Core Contributor to Moonbeam, extensive work with XCM and other core Substrate functionalities.

Polkadot proposes a curator for the PAL bounty, with a 2% fee of 10800 DOT. The curator will be a 5/7 multisig controlled by 7 curators appointed for their expertise in Rust/Substrate/ink! and blockchain security.

Propose Curator for PAL Bounty

SmallTipper

- OpenZeppelin wants to form a team to help with Polkadot.
- They will work on new parachains, which are special parts of the Polkadot network.
- The team will improve safety and speed up development.
- OpenZeppelin plans to have 3 members in the team.
- They will make a schedule for releases every 3 months.
- This plan will start 90 days after it gets approved.

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

- AngelHack wants to run two hackathons in Europe and Asia in 2023.
- They are asking for $302,000 USD to help with expenses and to reward winners.
- The hackathons aim to connect more developers in the Web3 community.
- They are currently on their third project milestone for the APAC hackathon.
- This funding would help cover their costs and support the teams that worked hard.
- More details can be found in their budget proposal and treasury proposal links. 
- The previous proposals for the hackathons were already approved earlier in 2023.

**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

- **Polkatax** is a website that helps you track staking rewards from different blockchains and convert them into your favorite fiat currency.
- It supports several substrate chains and allows you to export your staking rewards.
- The project is open-source, meaning anyone can see and contribute to the code.
- The website is still new, so it might have some bugs. If you find any issues, you can report them on GitHub.
- If the website becomes popular, the creator plans to add more features like tracking rewards from lending, liquidity provision, and airdrops.
- You can support the project by using it and sharing your feedback.

The proposal is to create a website called polkatax.com that will allow users to easily display and export staking rewards for several substrate chains in their favorite fiat currency. The project is open source and users are advised to verify the results for accuracy. The creator plans to implement a function for finding and exporting token rewards for lending, providing liquidity, and airdrops if the website proves to be helpful. No price, timeframe, or resources are mentioned.

A small tip for a staking rewards calculator

Polkadot Insider is asking for money to keep working for the Polkadot community. They got money from Kusama for about half a year and have been helping both Polkadot and other groups in Asia. Here are some key points about their proposal:

- They want to keep improving and sharing information about Polkadot.
- They plan to ask for $72,000 for 28 weeks to help pay for their work.
- This money will help them create new types of content.
- They will focus on an important feature called "Open Gov."
- They hope to work with other media and build partnerships.
- Their idea includes building a library of content.
- They believe this will grow the Polkadot community, especially in Asia.

**WHO:** Polkadot Insider

**WHAT:** Seeking funding from Polkadot Open Gov to maintain and grow Polkadot Insider media and educational system for 28 weeks, promoting branding, creating new content, and disseminating information to the community.

**PRICE/TIMEFRAME/RESOURCES:** $72,000 for 28 weeks, converted to 14,257 DOT based on 30d MA of $5.05/DOT. See funding breakdown in the provided link.

POLKADOT INSIDER - 28 WEEKS OPERATION & GROWTH FUNDING (AUGUST 2023 - FEBRUARY 2024)

**YieldBay Polkadot Treasury Proposal Summary**

- **Proponent:** YieldBay Treasury on Polkadot
- **Requested Payment:** 15,375.745 DOT (equivalent to $80,000 at $5.203 per DOT)
- **Purpose:** To create a central yield farming dashboard on Polkadot
- **Milestones:** Proposal covers Milestones 2 and 3
- **Current Status:** Monitors 183 yield farms across 17 protocols, tracking $33 million
- **Collaborations:** Partners include Interlay, Stellaswap, Arthswap, Mangata, and Kintsugi
- **Council Approval:** Approved through Council Motion #355 in March 2023
- **Detailed Report:** Available [here](https://docs.google.com/document/d/106gnRv8uxJyyU4xbwHNPFc6c97UR1qqYk5FE5tf6XQU/edit)

**WHO:** YieldBay Treasury, Polkadot

**WHAT:** Create Polkadot's first central yield farming dashboard across 3 milestones, with detailed delivery report for Milestone 2, 3.

**PRICE/TIMEFRAME/RESOURCES:** Requesting 15,375.745 DOT ($80,000 @ $5.203) for Milestone 2, 3. Proposal approved through Council [Motion #355] under Gov1. Read more in the provided links.

Milestone 2 and 3 Payment Request – YieldBay: Polkadot’s yield farming dashboard

**Summary**

- Tomi Astikainen is the only Polkadot Ambassador in Finland.
- He has been working to build a local Polkadot community on a voluntary basis.
- Tomi organized a Polkadot Decoded Viewing Party and encouraged others to become Ambassadors.
- He was invited to discuss Polkadot on the Hopium podcast, the first time Polkadot was mentioned in Finnish media.
- The podcast preparation and recording took about ten hours.
- Tomi is asking for a tip of 50 DOT (5 DOT per hour) for his work.
- He believes that media representation and community activation efforts should be incentivized.
- Please vote "Aye" to support his efforts and learning process.

The proposal is for the Polkadot community to tip the author 50 DOT for their work as the only Polkadot Ambassador in Finland, including an eight-hour preparation and two-hour recording for a Finnish language podcast about crypto and blockchain. The reasoning is that those who represent Polkadot in the media and initiate important conversations should receive incentives.

Small tip for Polkadot community activation in Finland

root

whitelisted_caller

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

OpenGov Referenda

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.

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

OpenGov Referenda

Referenda Tracks