### Express Lane Track Proposal

- **Purpose**: Create a new "Express Lane" track to handle important proposals, preventing them from being affected by Decentralized Voices (DV) or general delegations.
- **Current Issue**: Root track has only one slot, which could be spammed by proposals avoiding DV, causing delays for more important root proposals.
- **Solution**: Introduce an Express Lane with 3 slots and a high decision deposit of 25,000 DOT to ensure only significant proposals use it.
- **Benefits**: Reduces reliance on the root track for avoiding DV, as the root track could become crowded and less efficient.
- **Comparison**: Better than using the treasury track, which has a lower decision deposit (1,000 DOT) and more slots, making it less effective for important proposals.
- **Implementation**: The Express Lane would be reserved for truly important matters, ensuring that only real DOT holders can vote on these proposals.
- **Impact**: Balances the power of DV while still allowing critical proposals to proceed without interference.
- **Next Steps**: Implement the Express Lane to close the loophole and improve the overall efficiency of proposal handling.

Rejected

wish_for_change

WHO: Proposal author
WHAT: Creation of an "Express Lane" track to allow important proposals to be immune from DV (or delegations in general) and prevent spamming of root track
PRICE/TIMEFRAME/RESOURCES: Decision deposit of 25,000 DOT, 3 slots, and no reduction in power of DV. No specific mention of price or timeframe.

Express Lane

### Summary of the Proposal

**Proponent:** David Dall'Aglio from eVox / Pineta Digital  
**Requested DOT:** 138,218 DOT (approx. $980,000 based on DOT/USD rate)  
**Campaign Duration:** 6 months (renewable)

**Introduction:**
- eVox has been enhancing Polkadot's presence with partners like CoinGecko, THE BLOCK, and various Key Opinion Leaders (KOLs).
- Aiming to capture the last significant market share with CoinMarketCap.

**About eVox:**
- Managed over 100 creators from 30+ countries.
- Delivered Polkadot content in 12+ languages.
- Achieved 6.8M impressions and 200,000+ likes on Polkadot-related content.

**Key Achievements:**
- CoinGecko: Delivered a Polkadot landing page, 8M app push notifications, and a pink flame design.
- THE BLOCK: Created a Polkadot dashboard, 10+ podcast episodes, and 4 newsletter issues.

**Value Provided:**
- Analysis and optimization of partner projects.
- Performance transparency and optimization.
- Collaboration with KOLs to craft narratives and enhance live events.

**CoinMarketCap Partnership:**
- Managed an animated logo for 24 months.
- Aiming to enhance Polkadot's presence on CoinMarketCap's social properties.

**Action Plan:**
- Monthly live sessions, videos, newsletters, and social media posts.
- Expected to generate over 300M impressions in 6 months.

**Why OpenGov:**
- Believes a dedicated referendum through OpenGov is more appropriate for funding this large-scale activity.

Executed

big_spender

David Dall'Aglio from team eVox/Pineta Digital proposes a 6-month partnership with CoinMarketCap to enhance Polkadot's presence. The proposal includes monthly deliverables and social media enhancements for a negotiated price of 138,218 DOT ($980,000). The expected results are increased brand loyalty and awareness, cross-promotion synergy, and over 300M expected impressions. The proposal will be funded through a dedicated referendum via OpenGov.

CoinMarketCap x Polkadot 6 months integration (Renewable)

This proposal does two main things:

- It moves 5 million DOT from the Relay Chain to the Asset Hub's Treasury account. This was tested with KSM in Kusama 370 and allows for new spending methods like staged payouts.
- It sets asset rates as in Polkadot 645, but using XCM v4. This was not done during the upgrade to v4 because the referendum was already open.

The proposal needs approval from the Fellowship.

whitelisted_caller

WHO: The proposal does not specify who is making the proposal.

WHAT: The proposal suggests moving 5 million DOT to Asset Hub into the Treasury's account and setting asset rates the same as Polkadot 645 under XCM v4.

PRICE/TIMEFRAME/RESOURCES: The proposal does not mention any specific price, timeframe, or resources required. It requires whitelisting from the Fellowship.

Move Part of Treasury to Asset Hub

- A proposal was previously voted on in Referendum #694 but failed due to a weight error.
- The proposal is being resubmitted because of the failure.
- The issue involves a bug in the `pallet_bridge_grandpa` at Polkadot Bridge Hub.
- The bug prevents the GRANDPA light-client from handling validator set changes correctly.
- This has caused Kusama to Polkadot traffic to be stuck.
- The new proposal fixes the bug to prevent future issues.
- The proposal is being submitted on the Whitelisted Caller track.
- A parallel submission is being voted on by the Fellowship to whitelist the proposal.

WHO: Polkadot Bridge Hub

WHAT: Upgrade `pallet_bridge_grandpa` to fix a bug causing traffic to be stuck between Kusama and Polkadot.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Polkadot Bridge Hub 1.2.2 upgrade: Unstuck bridge with Kusama

### Summary of Referendum Confirmation Period Changes

- **Extended Confirmation Period**: The confirmation period for referendums was increased from 24 hours to 7 days.
- **Sniping Issue**: This extension allows more time for "no" votes to snipe and abort referendums, which was less common with the shorter 24-hour period.
- **Purpose of Confirmation**: The confirmation period exists to prevent "yes" votes from being sniped at the last minute, ensuring all voters have time to react.
- **Balancing Act**: The 7-day confirmation period helps against "yes" sniping but creates an opportunity for "no" sniping.
- **Slower Process**: The extended confirmation period also slows down the entire referendum process.
- **Proposed Adjustment**: To balance this, the passing threshold should be adjusted so that referendums can pass earlier, allowing the confirmation period to overlap with the final days of the voting period, preventing sniping.
- **Medium Spender Adjustment**: Similarly, for medium spenders, the confirmation period should be adjusted to ensure the last 4 days of the 28-day period overlap with the confirmation period.

Proposal: Adjust the curves of referendums affected by extended confirmation periods. Pass with 50%+ and any support on day 21 instead of day 28 to avoid sniping. Adjust medium spender threshold to 50%+ on day 24. Resources required: not specified.

Changing the curves of the referendums that were affected by extended confirmation periods

**Summary of Kai's Proposal for Polkadot Singapore PBA Wave 5**

- **Kai's Role**: Kai is a Polkadot Ambassador from Singapore and the founder of the Polkadot Singapore Meetup Group.
- **Events Hosted**: The group has hosted events with parachains like Moonbeam, Astar, and HydraDX, and organized the Decoded Event in June 2023.
- **PBA Wave 4**: Kai was a panel judge at Hong Kong's PBA Wave 4 in Feb 2024, where winning teams received no monetary incentives post-event.
- **Proposal for PBA Wave 5**: Kai suggests allocating a prize pool of 10,000 Dots to the top 4 project owners in Singapore's PBA Wave 5 to motivate and support their projects.
- **Feedback**: Some suggest increasing the prize pool, but Kai is cautious due to management challenges and bandwidth issues.
- **Management**: Kai proposes managing the prize pool personally or through a multi-sig, depending on community feedback.
- **Collaboration**: The Singapore PBA Wave 5 event will be held in cooperation with Polkabiz, NUS Enterprise, and the Asian Institute of Digital Finance.
- **Next Steps**: Kai will update the community once the management approach is finalized.

small_spender

WHO: Kai, Polkadot Ambassador from Singapore
WHAT: Proposes to allocate a prize pool of 10,000 Dots to the top 4 project owners from the pitch finals day of Singapore's PBA Wave 5
PRICE/TIMEFRAME/RESOURCES: 10,000 Dots, happening in May-June 2024, personal responsibility of Kai to manage the sum

Polkadot Blockchain Academy Wave 5 Singapore - Demo day seed prize fund proposal

### Summary
KodaDot is proposing to onboard 13 established generative artists to mint their art on the Polkadot Asset Hub. This initiative aims to:

- **Onboard Artists:** Bring 13 well-known generative artists to Polkadot.
- **Showcase Polkadot:** Highlight Polkadot's capabilities in the NFT and digital art space.
- **Increase $DOT Demand:** Attract new users and collectors, boosting demand for $DOT.
- **Collaborate Across Ecosystems:** Strengthen Polkadot's position in the Web3 space.
- **Revenue Sharing:** Return 50% of sales revenue to the Polkadot Treasury.

This project will benefit $DOT holders by increasing network activity, visibility, and potential value.

KodaDot proposes to onboard 13 generative artists to mint their art on the KodaDot platform and the Polkadot Asset Hub, showcasing Polkadot's potential and driving adoption. The initiative will attract new users and collectors, driving demand for $DOT, and increase collaboration and innovation across ecosystems. The budget for artist compensation is $69,500, with 50% of revenue generated returned to the Polkadot Treasury. The initiative's success will be measured through quantitative and qualitative metrics, with the end goal of increasing visibility for Polkadot.

Onboarding Established Generative Artists to Polkadot Asset Hub and driving user engagement

- Kampela is a hardware wallet with a high-contrast eInk screen and generous button spacing, but users found its typing experience unsatisfactory in UX tests.
- The iOS keyboard, despite initial concerns, became popular due to its predictive text and other UX tricks.
- Kampela's current design is more appealing to engineers than the general public, highlighting the need for better user experience (UX) to achieve mass adoption.
- Sveta Goldstein, a seasoned UX designer, has joined the team to improve Kampela's UX, which is crucial for its success.
- The proposal aims to transform Kampela into a mass-market device by focusing on end-user research, UX redesign, firmware updates, and integration with other wallets.
- The project involves multiple milestones, including user research, UX glossary creation, firmware development, and hardware improvements.
- The team consists of various professionals, including UX Leads, Engineers, and Managers, with a total budget of €859,200.
- Good UX is essential for both hardware and software to achieve mass adoption, and this proposal seeks to address the UX gap in the Polkadot ecosystem.

Kampela, a hardware wallet for Polkadot, needs to improve its user experience (UX) to become a mass-market device. The proposal includes conducting end-user UX research, creating a unified UX glossary, redesigning the Kampela firmware, improving the mobile companion app, and integrating Kampela into desktop wallets. The project plan involves a team of professionals and costs €859,200. The aim is to make Kampela a landmark feature of the Polkadot ecosystem with good UX grounded in user testing and done by professional designers.

Kampela hardware cold signer productizing proposal

- **Proposal:** Reimbursement for Polkadot Pulse Dubai Edition and Polkamix with Afrojack at Token2049, Dubai.
- **Proponent:** Polkadot Now.
- **Date:** May 3, 2024.
- **Requested DOT:** 56,016 DOT (USD $380,910).
- **Events:** Polkadot Pulse Dubai Edition and Polkamix After Party featuring Afrojack.
- **Attendees:** Approximately 3000 people.
- **Challenges:** Logistical issues like flooding and transportation disruptions.
- **Outcome:** Successful events that strengthened Polkadot's presence in Dubai's blockchain community.

medium_spender

WHO: Polkadot Now
WHAT: Seeks reimbursement for Polkadot Pulse Dubai Edition & Polkamix w/ Afrojack @ Token2049, Dubai
PRICE/TIMEFRAME/RESOURCES: 56,016 DOT (USD $380,910) (Rate: $6.8 / DOT based on an EMA7 rate on Subscan on 3rd May 2024)

Reimbursement - Polkadot Pulse Dubai Edition & Polkamix w/ Afrojack @ Token2049, Dubai

### Proposal Summary

- **Proponent:** Team sponsorship Decoded 2024
- **Beneficiary:** 13F5tf1JivzHdpzM5SmenD13X36ZVUqNVxqCrZjEr4Rcqge
- **Requested Funds:** 80,704.91 USD / 12,562.80 DOT
- **Objective:** Fund sponsorship for 40 active community members to attend Polkadot Decoded 2024 in Brussels, covering admission, transport, and accommodation costs.
- **Problem:** Lack of global representation at Polkadot Decoded limits idea exchange, collaboration, and network growth.
- **Solution:** Organize sponsorship for active community members, selected by the community, to attend the event.
- **Team:** Composed of active community members, including Patrizia De Bella, Tomi Astikainen, Lorena Fabris, Alex PromoTeam, and Ezio Rojas.
- **Budget:** Funds released post-event against proper reports and receipts, controlled by a five-person multisig.

**WHO:** Team sponsorship Decoded 2024.

**WHAT:** Fund a sponsorship for 40 active members to attend Polkadot Decoded 2024 in Brussels, covering admission, transport, and accommodation costs, and create an event in Brussels to improve engagement on the network.

**PRICE/TIMEFRAME/RESOURCES:** Requested 80,704.91 USD / 12,562.80 DOT. The event is planned for 2024.

Decoded 2024 Sponsorship for active community members

TimedOut

Please, VOTE NAY

- Harbour Industrial Capital aims to raise a second Polkadot Ecosystem Fund with a target size of $100 million.
- They propose a $1 million marketing budget to sponsor around 20 Family Office summits and investment conferences.
- The fund's goal is to attract traditional investors to Polkadot projects, which are often overlooked by generic crypto VCs.
- Harbour Industrial Capital has already raised $10 million for their first Polkadot fund and has invested in over 20 parachains.
- They plan to launch Fund 2 by the end of 2024, focusing on attracting "old money" to Web3, educating investors, achieving absolute returns, and supporting portfolio companies.
- The proposed budget includes costs for event sponsorship, with a flexible number of events based on actual costs.
- The fund is structured to be familiar to traditional Family Offices, offering a one-stop-shop for Polkadot investments.
- The proposal includes a detailed budget breakdown and aims to maximize the number of events organized within the $1 million budget.

Harbour Industrial Capital seeks a marketing budget of $1 million to raise a second Polkadot Ecosystem Fund of $100 million. The budget will be spent on sponsoring around 20 Family Office summits/traditional investment conferences to attract non-crypto native investors. The proposal includes a detailed budget breakdown, and the events will be organized until the budget is used up. The aim is to make Polkadot the go-to place for great builders to access capital.

Marketing support to help raise a new  US$100 Million Polkadot Ecosystem Fund

- **Proponent**: Autonomous Projects
- **Beneficiary**: Multisig with signers from Autonomous Projects, Actum Node, and Integral Labs
- **Requested DOT**: $600,000 (approx. 88,000 DOT)
- **Purpose**: Establish the Polkadot Community Foundation in the Cayman Islands to represent DOT holders' interests off-chain.
- **Activities**: The Foundation will execute activities delegated by Polkadot governance, including managing off-chain assets, legal contracts, and fiat payments.
- **Corporate Structure**: Includes a supervisor, five directors (two appointed by Polkadot governance), and outsourced administration.
- **Budget**: $600,000 for initial setup and one year of operations.
- **Next Steps**: Incorporation and operation to begin immediately after approval.

treasurer

Proposal: Establish the Polkadot Community Foundation to represent DOT holders IRL

- Ajay Dhore, a developer, gave up his unused package name `polkadot_api` for the Polkadot API team to use.
- The Polkadot API team wants to thank Ajay for his generosity with an OpenGov tip.
- Ajay was asked to share his Polkadot address on his GitHub or LinkedIn profile.
- Ajay hasn't responded yet, but a screenshot shows he provided his address in a LinkedIn chat.
- The address is in ss58 format using ss58-42.

small_tipper

WHO: Polkadot-API team

WHAT: Proposing an OpenGov tip to appreciate Ajay Dhore for relinquishing his unused package name `polkadot_api` for their use.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Tip Ajay Dhore for transferring the polkadot_api npm package

### Polkadot Insider Summary

- **Purpose**: Polkadot Insider is an educational platform focused on promoting Polkadot adoption through consistent, simple, and professional content.
  
- **Media Channels**: Available on Twitter, YouTube, and GrillApp.

- **Proposal**: Seeks to continue operations for the next 52 weeks.

- **Milestones**: Compares achievements with social media goals from a previous proposal (REF 98).

- **Challenges**: Some video production delays due to team changes and visa issues.

- **Compensation**: Plans to provide additional infographics and videos to make up for delays.

- **Community Engagement**: Actively participates in IRL events and conferences, and collaborates with influencers and KOLs.

- **Contact**: For feedback, reach out via Telegram or email.

Polkadot Insider proposes to continue operating for the next 52 weeks, prioritizing consistency, simplicity, and professionalism. They provide educational content on Polkadot through various media channels and have a breakdown of operation costs and plans. They report their accomplishments and metrics regularly and offer support for exclusive projects. They have faced some challenges with video production but plan to make up for it with additional infographics and videos. They have been a trusted partner for IRL conferences/events and highlight different KOLs, influencers, and PR publishers.

Polkadot Insider 52 weeks Operation (May 2024 - May 2025)

### Summary of the Proposal

- **Proposal**: Translation of the Polkadot Wiki into Hungarian.
- **Proponent**: Polkadot Hungary Community.
- **Beneficiary**: Mildzsu, a Polkadot Ambassador Candidate.
- **Objective**: To make blockchain technology more accessible to the Hungarian community by translating educational materials.
- **Current Milestone**: Translation of the "Explore" section of the Polkadot Wiki.
- **Community Impact**: Expected to foster a more engaged and knowledgeable community in Hungary.
- **Future Plans**: Further translation of other sections based on community feedback and effort required.
- **Funding Request**: 490 DOT for the first milestone.

big_tipper

Polkadot Hungary proposes to translate the Polkadot wiki into Hungarian, starting with the Explore section. The translation will be carried out in consecutive phases, including proofreading and graphic design. The first milestone is estimated to take 6-8 months to complete, with a requested value of 490 DOT. The translated wiki will serve as a valuable resource for both new and existing Polkadot users in Hungary. The finished wiki will be available on polkadothungary.net website, which is under development.

#727 Semi-Retroactive Proposal for the translation of the Polkadot Wiki to Hungarian

Please vote NAY - Wrong preimage

- Key Pictures produced a special video called "The Gray Paper Interview" featuring Dr. Gavin Wood.
- The video was made to provide insights into JAM and coincided with the release of the Gray Paper.
- The Kusamarian is helping to distribute and promote the video.
- Key Pictures spent $2,000 on editing, $800 on color grading and audio mixing, $250 on graphics, and $750 on music licensing.
- The total cost was $3,800, which is equivalent to 554 DOT.
- Future post-production costs for other series will be covered by a different funding proposal.
- If you have questions, you can comment below or contact Simon@Key Pictures.

Key Pictures requests retrospective funding of $3800 for the post-production costs of the one-off special video "The Gray Paper Interview" featuring Dr. Gavin Wood. The costs include 4 days of editing, online/colour grading/audio mix, graphics creation, and music licensing. The funding will cover the additional costs not covered by the medium spend #415.

'The Gray Paper Interview' Retrospective Funding for Post-Production

REJECT 

### Summary of Sasha's Proposal on Polkadot Smart Contracts

- **Author**: Sasha (@agryaznov), a long-time contributor to Polkadot's smart contracts technology, including the **ink!** core team and a member of the Polkadot Fellowship.
- **Project**: **ethink!**, aiming to make **pallet-contracts** Ethereum RPC-compatible to attract more users to the Polkadot ecosystem.
- **Progress**: 
  - **Stage-0 (Proof of Concept)**: Completed, including a smart contracts parachain node, runtime with **pallet-contracts**, and auxiliary crates for Ethereum-flavored cryptography.
  - **Stage-1 (Early Prototype)**: Released, providing a template node for dapp developers and parachain builders to experiment with Ethereum dapps on **pallet-contracts**-based runtimes.
- **Next Steps**: Aim to achieve a **testnet-ready state**, focusing on usability for dapp developers, particularly addressing the difference in contract input encoding between Ethereum and Polkadot.
- **Public Discussion**: Ongoing on the Polkadot Community Forum.
- **FAQ**: 
  - **ethink! vs. Frontier**: ethink! provides Ethereum RPC compatibility for **pallet-contracts** without replicating the Ethereum chain.
  - **MetaMask Snaps**: Considered but deemed suboptimal due to decentralization goals and compatibility issues.
  - **ink! and Solang**: Both tools for creating **pallet-contracts**-compatible Wasm binaries; ethink! aims to provide seamless user experience without altering front-end UX.

WHO: Sasha, ink! core team member at Parity Technologies and independent Rank-II member of the Polkadot Fellowship.

WHAT: Proposal to evolve the ethink! project towards a testnet-ready state, making it easier for developers to deal with Ethereum ABI-encoded data.

PRICE/TIMEFRAME/RESOURCES: Not specified.

ink! + Ethereum RPC = ethink!. Proposal-02: Getting Testnet-Ready.

### Proposal Summary

- **Objective**: Open a bi-directional channel between AssetHub (ParaID 1000) and SORA Polkadot Network (ParaID 2025).
- **Purpose**: Enhance interoperability and economic synergy within the Polkadot ecosystem.
- **Benefit**: Polkadot community meme assets will be available on Polkaswap, a decentralized exchange.
- **Commitment**: Strengthen a secure, innovative, and community-driven blockchain environment.
- **Call to Action**: Invite community and stakeholders to support the proposal.
- **Outcome**: Expected to create a more interconnected and robust Polkadot network.

general_admin

WHO: The proposal is made by an unknown entity.

WHAT: Requesting to open a bi-directional channel between AssetHub (ParaID 1000) and SORA Polkadot Network (ParaID 2025) to enhance the capabilities and reach of the Polkadot ecosystem.

PRICE/TIMEFRAME/RESOURCES: No information provided.

Open HRMP channels between AssetHub and SORA

**Summary:**

- **Recipient:** Brad, a video game streamer.
- **Amount Requested:** $4126 (596 DOT).
- **Campaign Period:** March 18 to April 17, 2024.
- **Promotion:** Brad used a large LED Polkadot sign during his streams to promote Polkadot.
- **Platforms:** Twitch, TikTok, and Discord.
- **Audience:** Mostly young viewers (86% under 35, 64% under 25).
- **Results:** Over 3.4 million views across all platforms.
- **Request:** Retroactive payment for the LED sign and recognition of Brad's promotional efforts.

WHO: Polkadot community

WHAT: Retroactive payment of $4126 (596 DOT @ EMA7) to a video game streamer who promoted Polkadot to his large, youthful audience during a month-long campaign, resulting in over 3.4 million combined video and stream views.

PRICE/TIMEFRAME/RESOURCES: Not specified.

TIP: Gamer Streaming Reimbursement

### Summary of the Proposal

- **Proponent:** Mandala Chain
- **Beneficiary:** 166EpYwUWjEEiFkmRfouLz6V6qucoAsSfBvFYxV8R3CwY4eG (Multisig)
- **Date:** 23 April 2024
- **Requested Amount:** $295,000 USDT in DOT equivalent

#### Problem Statement
- Asian countries, including Indonesia, show high potential in crypto adoption but face challenges in Polkadot awareness and utilization.

#### Goal and Objectives
- Increase awareness and user engagement in the Polkadot ecosystem in Indonesia and across Asia, particularly in Australia.
- Achieve this through:
  1. Polkadot's title sponsorship of Coinfest Asia 2024.
  2. Showcasing Mandala Chain and Polkadot SDK.
  3. Driving user onboarding at events.
  4. Positioning Polkadot as a technology partner for Indonesia's Digital Indonesia Vision 2045.
  5. Attracting investors and creating content highlighting Polkadot's growth.

#### Events Description
- **Polkadot Championship Hackathon (19-20 August):** 100 developers from Asia, including Australia.
- **Bali Blockchain Summit (20 August):** 500 attendees from parachains, businesses, government, academia, and investors.
- **Coinfest Asia 2024 (22-23 August):** Polkadot title sponsorship with 6000-7000 attendees.
- **VIP Investor Dinner (24 August):** 50 curated investors and VIPs.

#### Budget
- Detailed budget provided in the proposal.

#### Additional Points
- Indonesia's young population and economic size make it a strategic location for blockchain development.
- The country's leadership in G20 and ASEAN further supports its role in the crypto ecosystem.

WHO: Mandala Chain
WHAT: Maximize awareness of Polkadot brand and mission in Indonesia and Asia, increase user onboarding and engagement, position Polkadot as technology partner of choice in Indonesian government's national digital transformation roadmap, attract investors, create content for owned channels
PRICE/TIMEFRAME/RESOURCES: $295,000 USDT in DOT equivalent, single payment for parallel efforts in different areas, events to be held in August 2024, targeting diverse audience and partners from parachains, developers, investors, businesses, government, academia, and crypto enthusiasts.

Polkadot @ Coinfest Asia 2024

### Polkadot at Coindesk Consensus

- The initial proposal requested $390,000 for the event.
- They used a 7-Day TWAP of $10.02, totaling 38,921.48 DOT.
- Due to price fluctuations, they are short by about $100,000.
- They sold the received DOT for $288,904.78.
- The total cost of the event is $390,000.
- They are asking for an additional $101,095.22.
- The new request uses a 7-Day TWAP of $7.08, totaling 14,278.99 DOT.
- The proposal and receipts can be found in the linked document.

WHO: Distractive Crew
WHAT: Requesting $101,095.22 to cover costs for Polkadot's Consensus event
PRICE/TIMEFRAME/RESOURCES: 7 Day TWAP of $7.08, 14,278.99 DOT requested

Top Up for Polkadot at Consensus 

### Polkadot Treasury Insurance Fund

- **Purpose**: To stabilize funding for projects by ensuring they receive the intended USD value of their grants, despite DOT price fluctuations.
- **Mechanisms**: 
  - **Compensation**: Provides additional DOT if DOT's value decreases.
  - **Reclaim**: Retrieves excess DOT if DOT's value increases.
- **Structure**: Includes a Director, three Curators, a Treasurer, and two Signers.
- **Compensation**: Roles are paid monthly, with amounts ranging from $500 to $2,000.
- **Implementation**: Uses a direct proxy for quick adjustments and can act as an emergency loan resource.
- **Reporting**: Publishes bi-monthly reports on activities and financial movements.
- **Fund Size**: Initial request is 1 million DOT to cover immediate needs.
- **Scope**: Focuses on compensating projects affected by market downturns starting April 1st.

Polkadot proposes a Treasury Insurance Fund to stabilize the USD value received by projects funded by the Polkadot treasury, compensating for DOT price fluctuations. The fund will provide additional DOT to projects if the cryptocurrency's value decreases and retrieve excess DOT if its value increases. The fund will be managed by a Director, three Curators, a Treasurer/Accountant, and two Signers, with compensation ranging from $500 to $2,000 per month. The initial funding request is for 1 million DOT, with bi-monthly reports detailing the fund's activities and financial movements. The fund will ensure projects receive the full intended value of their funding, despite market conditions.

Establishing an Insurance Bounty to increase fiscal efficiency of Polkadot treasury

root

staking_admin

lease_admin

fellowship_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.