Rejected

small_spender

Please vote nay, thank you!

Vote Nay

**Chainalysis Proposal for Polkadot**

- **Revised Proposal:** Chainalysis submitted an updated proposal to the Polkadot community, incorporating feedback.
- **Background:** The initial proposal was presented in March to help Polkadot enter the institutional market and meet compliance standards.
- **Objectives:** The proposal aims to increase market capitalization, capture institutional market share, and enhance visibility and risk management.
- **Payment:** The total payment is 6.5M USDC, divided into three annual payments.
- **First Payment:** 2,166,660 USDC upon proposal completion.
- **Second Payment:** 2,166,670 USDC one year after the first payment.
- **Third Payment:** 2,166,670 USDC two years after the first payment.
- **Details:** The full proposal can be found [here](https://docs.google.com/document/d/1LHkZltPei5DAClqyZUmJcNFnpVq2NhoqmvHnsYfIYRU/edit?usp=sharing).

big_spender

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

Vote NAY

small_tipper

### Motif Network Overview

1. **Main Goals**:
   - Simplify on-chain staking to be as easy as CEX-based staking.
   - Encourage users to stake natively on the chain.
   - Provide friendly, positive feedback to stakers via Telegram.
   - Maintain a decentralized validator set by offering data-driven validator options.

2. **Why Native Staking?**:
   - Native staking brings users closer to the ecosystem, making them more engaged in voting, airdrops, and DeFi.

3. **Key Points**:
   - Focused on tools for delivering information through email and Telegram.
   - Implemented risk notifications and recommendation systems.
   - Reduced initial proposal cost by ~5 times.
   - Added basic marketing support based on community feedback.

4. **Solutions**:
   - Collect and refine on-chain data into user-friendly formats.
   - Provide guidance through a Telegram chatbot.
   - Offer preemptive risk analysis and solutions.

5. **Structure**:
   - Includes a Nominator Leaderboard and an upgraded Telegram Bot.
   - Improves backend infrastructure for data processing.

6. **Contact**:
   - Website: [app.motif.network](https://app.motif.network)
   - Telegram Bot: [t.me/MotifNetwork_bot](https://t.me/MotifNetwork_bot)
   - Email: [nik@motif.network](mailto:nik@motif.network)

medium_spender

Motif aims to simplify and optimize staking in Polkadot's NPoS system. They want to make on-chain staking easy, provide positive feedback loop via Telegram, and keep validator set decentralized. They aim to make native staking convenient and have already completed the first milestone. Motif's Milestone 2 proposal includes a nominator leaderboard, Telegram bot, and backend infrastructure improvements. They want to refine data processing and storage systems and create a more efficient and decentralized staking ecosystem. The initial proposal cost has been reduced by ~5 times.

Milestone 2 Funding Request for Motif: Polkadot Proactive Staking Assistance

Executed

[Small Tipper] Referendum #1061

### Polkadot Live

- **Platform**: Available for MacOS and Windows.
- **Features**: Cross-platform desktop app for managing subscriptions and chain interactions on Polkadot and Substrate networks.
- **Use Cases**: Useful for traders, investors, developers, managers, DeFi users, and decentralization advocates.
- **Core Features**: Non-intrusive UI, account imports, notifications, OpenGov tracking, and extrinsics submission.
- **Development**: Led by Dane Bulat and Ross Bulat, with funding sought for the next phase.
- **Milestones**: First milestone includes an alpha release, documentation portal, and landing page.
- **Future Plans**: Integration with system parachains, improved Ledger support, WalletConnect, light client integration, and Linux build.
- **Funding**: Proposal seeks $154,600 for the next 8 months of development.

Polkadot Live seeks funding for the second development phase of their cross-platform desktop application. They plan to complete engineering tasks in 6 months and spend the final 2 months on code cleanup and optimization. The total cost is $154,600, with $121,600 allocated to a senior full-stack engineer, $25,000 to JKRB Investments, and $8,000 for miscellaneous costs. The deliverables include an augmented codebase, a stable release of the app, and updated documentation. The proposal is for 32,4011 DOT, valued at $154,600.

Polkadot Live: Milestone 2 Development Proposal

- This proposal suggests including Centrifuge in marketing narratives funded by Polkadot Bounty #33.
- Centrifuge is a platform that can be found at [centrifuge.io](https://centrifuge.io/).
- The proposal follows recent referendums:
  - Referendum 801 (Moonbeam)
  - Referendum 834 (DED)
  - Referendum 854 (Hydration)
  - Referendum 862 (Novasama Technology)
  - Referendum 1020 (Bifrost)
- These referendums show that continued inclusion in marketing requires approval through OpenGov.

wish_for_change

WHO: The proposer
WHAT: To include Centrifuge in marketing narratives funded by Polkadot Bounty #33
PRICE/TIMEFRAME/RESOURCES: Not specified

Inclusion of Centrifuge in Marketing Narratives

- A message was posted urging people to vote "Nay" on a proposal.
- The reason given was a tweet from Will, which suggested a mistake in the beneficiary.
- The tweet can be found at [this link](https://x.com/replghost/status/1821736106444124320?s=46&t=qaTPpRg7SVG6gbS12uMc4w).
- A new proposal will be submitted with the correct beneficiary.
- The new proposal can be found [here](1068).
- The update was made on August 9th, 2024.

WHO: Not specified
WHAT: Resubmitting a proposal with the proper beneficiary based on a tweet from Will.
PRICE/TIMEFRAME/RESOURCES: Not specified.

VOTE NAY!

- Polkadot is opening a second physical hub in Budapest, Hungary.
- The hub is sponsored by Mosaic Chain and offers free co-working space.
- Some Polkadot Ambassadors are already using the space.
- The proposal aims to make the hub official with a request of 1 DOT.
- Preparation for the agreement started months ago.
- The hub will follow rules specified in the Polkadot Hubs playbook.
- The community is encouraged to vote "Aye" to support the official launch.
- More details are available in the forum discussion.

Make the next Polkadot Hub official in Budapest, Hungary

### Subscan Proposal Summary

- **Purpose**: Subscan is a key tool for the Polkadot network, offering block exploration and analytics.
- **Costs**: Running Subscan involves expenses like server infrastructure, security, and personnel.
- **Proposal**: Requesting reimbursement from the Polkadot treasury for Oct 2023 to Jun 2024 to keep Subscan operational.
- **Cost Reduction**: Efforts have significantly lowered infrastructure costs. For example, Datadog expenses dropped from $4173.70 in Sep 2023 to $1494.45 in Jun 2024.
- **Future Plans**: Continued efforts to reduce costs further for more sustainable operations.
- **Details**: More specific information is available in the detailed proposal linked below.

**Detailed Proposal**: [View Here](https://docs.google.com/document/d/1Q1OGRsLj9slrpWP-YpZVfvx03N1O_uhHwoZvRBWklaE/edit?usp=sharing)

WHO: The Polkadot community

WHAT: Reimburse the operation and maintenance fees for Subscan for the period from October 2023 to June 2024 from the Polkadot treasury.

PRICE/TIMEFRAME/RESOURCES: Specific details can be found in the proposal document.

Subscan | Infrastructure Costs of Subscan for Polkadot & Westend & Rococo & Statemint & Rockmine  Networks (from October 2023 to June 2024)

SmallTipper

- Chainwire, a blockchain PR distribution platform, has worked with 24 projects in the Polkadot ecosystem, publishing over 1,180 press releases with 22.7 million views.
- Their articles have appeared on major crypto websites like CoinTelegraph, Coindesk, and Decrypt.
- Chainwire aims to continue supporting Polkadot projects by inviting more to use their platform for PR and branding.
- They are requesting 75,000 DOT to fund future campaigns, which would cover at least 50 premium campaigns over 6 months.
- Each campaign would reach an estimated 800,000 views, with a total audience of 300 million.
- Chainwire offers benefits like brand building, SEO, and reliable publication guarantees.
- They have a proven track record with projects like Moonbeam, Hydration, and SubWallet.
- Chainwire is trusted by over 1,000 clients across various industries, including Binance, dydx, and Cosmos.

Chainwire, a blockchain PR distribution platform, is proposing to offer its services to all Polkadot-based projects for generating strong PR, branding, and recognition for their news and overall projects. They are requesting 75,000 DOT to execute at least 50 "Premium" campaigns, each having 75 published articles and syndications with an average reach of 800,000 estimated views. The funding should suffice for a minimum of six months. The proposal aims to help Polkadot maintain its leadership position in the blockchain space.

50 Polkadot Ecosystem PR campaigns in the most influential media

- Polkadot is the main sponsor of **Coinfest Asia**, a big Web3 festival in Asia happening in August.
- Polkadot is also part of other events in the same week, like the Bali Blockchain Summit and a hackathon.
- Lucy Coulden was just chosen as a Head Ambassador (HA), but HAs don't have money yet for salaries or projects.
- Lucy would be very helpful at these events, talking about Polkadot and helping with the hackathon and a dinner for investors.
- Lucy needs money for a flight, hotel, food, and other costs, which add up to about $4,000.

big_tipper

Polkadot proposes to cover travel expenses, lodging, per diem, and compensation for Head Ambassador Lucy Coulden to attend Coinfest Asia in Indonesia from August 22-23. The total cost is estimated to be around $3,900.

Tip for HA Lucy Coulden to cover expenses at Coinfest Asia

### Summary of Polkadot OpenGov Utility Batch Process

1. **Video Tutorial**: Learn how to use `utility.batch` with `treasury.spend` for USDC and USDT in this [video](https://www.youtube.com/watch?v=ak-me8G-MMo).
2. **Slides**: Detailed slides are available [here](https://docs.google.com/presentation/d/1onXYeGm4cFJlktsWJWi0YirNuYsQ5oe4/edit#slide=id.g27a15e6ec76_0_18).
3. **Cheat Sheet**: A handy cheat sheet for the process is [here](https://docs.google.com/spreadsheets/d/167TVq-PCqGVHI1MEP8EeaGc1zz2F5mmZgtcWCw2Ylgo/edit?gid=1373159512#gid=1373159512).
4. **Stable Results**: This method avoids unpredictable results and eliminates the need for frequent top-ups.
5. **Milestone Payments**: Proposers can be paid in stages, reducing risk for both the OpenGov Treasury and the proposer.
6. **Cancellation Option**: If a proposer fails to deliver, OpenGov can cancel the proposal using `treasury.voidSpend`.
7. **No More Top-Ups**: This process ensures stable and efficient treasury spending without the need for additional funds.
8. **Urgency**: It's important for everyone to know and use this method for better treasury management.

WHO: Polkadot OpenGov proposers and voters.

WHAT: Use utility.batch with treasury.spend call with USDC + USDT to deliver milestone by milestone and avoid guesswork and top-ups.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Polkadot OpenGov TOP-UP KILLER: utility.batch treasury.spends with USDC + USDT

### Summary of the Referendum

- The referendum proposes increasing the recommended core count for reference hardware from 4 to 8.
- This change would start in January 2025.
- The Polkadot binary is a multithreaded program that benefits from more hardware cores.
- Currently, the minimum hardware requirement is 4 cores with SMT disabled.
- With async backing enabled, parachains can produce larger blocks, increasing execution time.
- Validators need to check relay chain blocks and parachain blocks, which requires more CPU cores.
- Raising the core count to 8 is intended to prepare for future network growth.
- The Polkadot binary will continue to run with a warning if the hardware does not meet the new requirements.

Polkadot proposes to increase the recommended core count for reference hardware from 4 to 8 for validators starting January 2025, to prepare for future usage increase. No change in behavior for machines not meeting requirements.

Increase recommended core count for validators reference hardware from 4 to 8

### Summary of Saimon's Contributions

- **Activities**: Conducted 5 events in 4 cities across 2 countries.
- **Developers**: Engaged over 100 developers in substrate-based resources.
- **Protocol**: Directly participated in a protocol and presented Polkadot resources to companies and chambers of commerce.
- **Hackathon**: Highlighted 5 projects in a hackathon with potential for acceleration.
- **Duration**: Worked for 6 months to benefit the network.
- **Workshops**: Delivered workshops on blockchain and Rust, including deploying smart contracts using Moonbeam.
- **Meetups**: Organized meetups for developers and entrepreneurs, focusing on Polkadot technology.
- **Hackathon Projects**: Featured projects included Chaintrust, Qeto, and Lezgo, with repositories available on GitHub.

WHO: Saimon, with Angi, Audi, and Juana.

WHAT: Proposal to tip for contributions made in various activities involving community development, business development, and developer activities.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Ecosystem agent tip for Saimon contributions - Developer, Community and Business

### Polkadot Halving Proposal

- **Objective:** Reduce Polkadot's (DOT) inflation rate by 50% and promote the "Polkadot Halving" through marketing.
- **Rationale:** Inspired by Bitcoin's halving, this event aims to create excitement and long-term positive speculation.
- **Inflation Reduction:** The proposal suggests halving the DOT inflation rate.
- **Marketing:** The "Polkadot Halving" narrative will be pushed across all marketing channels.
- **Future Proposals:** Another halving proposal will be made every four years, following Bitcoin's halving schedule.
- **Halving Date:** The date will be decided by the Fellowship, aiming for within three months of the proposal.
- **Long-Term Vision:** Establish a recurring event that fosters community engagement and aligns with Bitcoin's halving.
- **Community Involvement:** Voters are encouraged to share the proposal to ensure broad participation.

WHO: The Polkadot community.

WHAT: Reduce the inflation rate of DOT by 50% and drive the "Polkadot Halving" narrative across all marketing channels.

PRICE/TIMEFRAME/RESOURCES: Not specified.

LONG-TERM VISION: Establish a recurring following each BTC halving where the community votes on whether to halve the supply again.

The Polkadot Halving

TimedOut

[Small Tipper] Referendum #1047 

**Polkadot Decoded 2024 Beer Bar Experiment**

- **Experiment Conducted by:** Robonomics Team
- **Event:** Polkadot Decoded 2024
- **Objective:** Measure attendance and interest at the Free Beer Stand from ChaosDAO using sensors.
- **Importance:** Demonstrate a futuristic data collection method for the Polkadot community.
- **Potential Benefits:** Help the community understand event interest and provide accurate reports for future events.
- **Requested Tip:** 550 DOT
- **Additional Materials:** 
  - [Article on Results](https://robonomics.network/blog/beer-bar-decoded2024/)
  - [Twitter Post](https://x.com/nakata5321/status/1814337841259851789?t=TQCCDmbStIZt5FUjfRcd7Q&s=19)

**Request by:** Nakata, Engineer in Robonomics Network

WHO: Nakata, engineer in Robonomics network
WHAT: Requesting a tip for conducting an experiment with beer bar at the Polkadot Decoded 2024 event to demonstrate a new method of automatic data collection.
PRICE/TIMEFRAME/RESOURCES: Requesting a tip of 550 DOT. No specific timeframe or resources mentioned.

Request for Tip the experiment with beer bar at the Polkadot Decoded 2024

### Summary of Proposal

- **ink! Language**: ink! is a smart contract programming language for Polkadot, known for its simple syntax and efficient deployment.
- **Previous Audits**: Parity Technologies and SRLabs audited ink! 4.0 and the contracts pallet in 2022-2023, but with limited complex real-life contracts.
- **Current Proposal**: This proposal aims to audit ink! 5.0, focusing on new vulnerabilities, storage layer, and XCM integration.
- **Deliverables**: 
  - A public audit report after fixing main issues.
  - A blogpost on security considerations for ink! developers.
  - Responsible disclosures for any bugs found in open-source contracts.
- **Collaboration**: The audit will work with Parity Security to consider real-life contracts and stakeholder expectations.
- **Feedback**: The proposal seeks community feedback on which ink! contracts are most used and how to improve the audit approach.

**WHO:** Parity Technologies and SRLabs will conduct a comprehensive audit of the ink! 5.0 smart contract language and implementation.

**WHAT:** The audit will identify vulnerabilities and areas of improvement in the codebase, with a focus on the storage layer and XCM integration.

**PRICE/TIMEFRAME/RESOURCES:** Not specified.

**DELIVERABLES:** A comprehensive audit report, an ecosystem blog post, and responsible disclosures for any bugs discovered in the selected ink! contracts.

**ENGAGEMENT:** Read the full proposal for more details, learn about Parity Security and SRLabs, and provide feedback to refine the approach.

**150 SYMBOLS SUMMARY:** Parity Technologies and SRLabs will audit ink! 5.0 smart contract language and implementation to identify vulnerabilities and areas of improvement. Deliverables include a report, blog post, and responsible disclosures.

ink! 5.0 Codebase Security Audit

- The TIP is a request for compensation for creating a standardized interview guide for the Head Ambassador role.
- The guide aims to provide a fair assessment of candidates' qualifications.
- It took 4 hours to create (2 people, each working 2 hours).
- The compensation requested is $50 per hour, totaling $200.
- The document is open for anyone to add relevant questions.
- Time was spent gathering questions from the community and chat groups.
- The goal is to help voters compare candidates easily.
- The creators believe the document's value is at least $200.

WHO: The authors of the standardized interview guide. 

WHAT: Requesting compensation for their time spent creating the document. 

PRICE/TIMEFRAME/RESOURCES: $50 per hour for 4 hours, totaling $200.

Creating a standardized interview for Head Ambassadors

- Ceres Blockchain Solutions proposed Dazhbog, a decentralized perpetual futures exchange for the Polkadot ecosystem.
- Dazhbog allows parachains to integrate it easily, enabling decentralized trading of perpetual futures.
- The project won first place in the DeFi category at the Polkadot Prodigy hackathon.
- Initially planned for a Proof-of-Concept grant, discussions with the Web3 Foundation led to a decision to pursue full product development instead.
- The full proposal is available [here](https://docs.google.com/document/d/1Asz_sQFl8-8WdACZoHPS5XTsDb8T8F_Ry7L2ubcJGNY).
- Ceres Blockchain Solutions can be found on their [website](https://ceresblockchain.solutions), [LinkedIn](https://www.linkedin.com/company/ceres-blockchain-solutions-llc), [Twitter](https://twitter.com/ceresblockchain), and via [email](mailto:office@ceresblockchain.solutions).

Ceres Blockchain proposes Dazhbog, a decentralized perpetual futures exchange for the Polkadot ecosystem. They plan to skip the PoC grant and pursue full product development instead. No price, timeframe, or resources mentioned.

Dazhbog: A Decentralized Perpetual Futures Exchange

root

whitelisted_caller

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.