### Summary of OnlyDefiGuy's Analysis on Proposal #432: Bifrost vDOT Liquidity Loan

- **Abstract**: The analysis focuses on Proposal #432, which aims to provide liquidity to Bifrost through a vDOT liquidity loan.
- **Prior Art**: Describes the current methods of handling liquidity without the proposal.
- **Projected Prior Art**: Outlines the future scenario if the proposal is not implemented.
- **Context**: Explains the relevance of the proposal within the broader context of existing and planned initiatives.
- **Why**: Discusses the business case and necessity of the proposal.
- **Trade-offs**: Analyzes the advantages and disadvantages compared to alternative solutions.
- **Background**: OnlyDefiGuy, a significant Bifrost trader, is involved in the proposal.
- **Request for DOT Experts**: Invites experts to join a Telegram group to assist OpenGov voters in making informed decisions.

Executed

small_tipper

Proposal #432: Bifrost vDOT liquidity loan is a liquidity injection for Bifrost by OnlyDefiGuy. The proposal aims to provide vDOT liquidity to Bifrost for a certain timeframe and price. The abstract, prior art, projected prior art, context, why, and trade-offs should be analyzed by DOT Experts.

DOT Experts Tip for OnlyDeFiGuy for Proposal #432 | Bifrost vDOT liquidity loan

- The `SudoBalances` proxy type was removed from the runtime, making a proxy undecodable before it could be migrated.
- This proposal aims to clean up the related storage entry.
- More details about the issue can be found [here](https://github.com/polkadot-fellows/runtimes/issues/145).
- A separate referendum is available for voting by the Fellowship to whitelist this proposal's hash.
- The referendum can be found [here](https://collectives.subsquare.io/fellowship/referenda/68).

whitelisted_caller

WHO: Not specified
WHAT: Clean up related storage entry due to removal of `SudoBalances` proxy type from the runtime
PRICE/TIMEFRAME/RESOURCES: Not specified

Clean up undecodable storage entry

### Acala Foundation Treasury Proposal Summary

- **Proponent:** Acala Foundation
- **Requested Amount:** 100,000 DOT
- **Purpose:** Funding for maintenance, development, and hosting of open-source projects (ORML, Chopsticks, Subway) until end of 2023.
- **Projects:**
  - **ORML:** A community pallet library used by 20+ parachains.
  - **Chopsticks:** A tool for forking mainnet into a local devnet, used by many parachain teams.
  - **Subway:** A JSON RPC Gateway that reduces RPC node costs and improves user experience.
- **Previous Funding:** Some work was covered by past treasury proposals, which is out of scope for this request.
- **Impact:** These projects improve developer experience, reduce costs, and enhance security in the Polkadot ecosystem.
- **Cost Breakdown:** Not provided initially but could be requested. The proposal emphasizes the impact over direct cost.

medium_spender

**Proponent: Acala Foundation** requests 100,000 DOT to cover maintenance, development, and hosting of open source projects (ORML, Chopsticks, and Subway) till end of 2023. The proposal aims to improve the developer experience for the Polkadot ecosystem.

Retroactive Funding for ORML, Chopsticks, and Subway

- Proposal to open HRMP channels between AssetHub (ParaID 1000) and Unique Network (ParaID 2037).
- Integration aims to enhance Polkadot ecosystem interoperability.
- AssetHub's stability and persistence will benefit Unique Network projects.
- Unique Network's NFT features will be accessible to the broader ecosystem.
- Integration will make USDT, USDC, and other currencies available to Unique Network.
- Expected increase in Total Value Locked (TVL) across the ecosystem.

general_admin

WHO: AssetHub (ParaID 1000) and Unique Network (ParaID 2037)

WHAT: Open HRMP channels in both directions for integration between the two networks.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Open HRMP channels between AssetHub and Unique Network

### ZAP2GO Summary

- **What is ZAP2GO?**  
  ZAP2GO is a decentralized EV charging network where people can rent out their home chargers.

- **How it works:**  
  Users download an app, find a charger near them, and pay through the app to use it.

- **Benefits:**  
  Increases charging station availability, helps the environment by reducing emissions, and supports the sharing economy.

- **Polkadot Integration:**  
  Plans to use the Polkadot blockchain for decentralized payments and trustless transactions.

- **Funding:**  
  Seeking 38,460 DOT for development, marketing, and launching on the Apple App Store.

- **Team:**  
  Led by Arthur Hoeke, a full-stack developer, and Johan Hoeke, a Unix SysAdmin, with experience in blockchain and system administration.

- **Previous Work:**  
  The team previously built a Polkadot validator dashboard and received a grant from the Web3 Foundation.

- **Contact:**  
  For more information, visit [decentraDOT.com](https://decentradot.com) or email [admin@decentradot.com](mailto:admin@decentradot.com).

Rejected

ZAP2GO proposes to integrate the Polkadot blockchain to decentralize EV charging, enable cryptocurrency payments, and facilitate trustless renting. The project requires 38,460 DOT for the development of a Polkadot wallet integration, server-side integration, security measures, marketing campaigns, and application launch on the Apple App Store. The timeline for completion is 8 months, with a focus on a 2-month marketing campaign. The team consists of Arthur Hoeke and Johan Hoeke, with experience in full-stack development and Unix system administration.

Integrating Polkadot Blockchain for Decentralized Electric Vehicle Charging Network

- Parachains can register with minimal code and later upgrade to larger code without additional cost.
- This can cause issues in the system due to imprecise deposit requirements.
- A solution was proposed in PR #2372 to fix this issue.
- After discussions, a different approach was suggested, with a dynamic fee model to be added later.
- PR #3020 implements the first phase of the new approach.
- The author has dedicated significant time to this issue and seeks continued work on it.
- This summary is a request for recognition of the author's efforts.

big_tipper

Parity proposes a solution to fix the imprecise deposit requirements for storing data on-chain in parachains. The proposed approach is implemented in PR #3020 and is dedicated to continuing work on this. This is a tip request for the efforts invested so far. No specific price, timeframe, or resources mentioned.

Retroactive reimburesement for para upgrade fees contributions

Approval of curators for Bounty 33 (marketing bounty)

### Polkadot 2.0 Visualization Press Kit Proposal

- **Proposer**: Hope Clary
- **Objective**: Create a press kit to simplify and promote Polkadot 2.0 through non-technical videos and graphics.
- **Content**: 
  - 12 non-technical videos explaining Polkadot 2.0 and Coretime.
  - 150 graphics (banners, infographics, memes) for social media.
- **Distribution**: Free for influencers, ambassadors, enthusiasts, and investors to use globally.
- **Languages**: English version will be translated into Spanish, Hindi, Russian, Arabic, and French.
- **Goal**: Achieve 3,000,000 YouTube views for the 12 videos within 3 months.
- **Timeline**: 
  - Video production: 60 days.
  - Graphic creation: 30 days.
  - Total project duration: 90 days.
- **Funding**: Covers staff, operating costs, marketing budget, and taxes.

WHO: Hope Clary and media agencies Florida Web SEO and Nine73.

WHAT: Create a Press Kit for Polkadot 2.0 with 12 videos and 150 graphics, plus YouTube promotion for 3 months.

PRICE/TIMEFRAME/RESOURCES: Requested DOT 13,333. Creation for 2 months, with a set goal of 3,000,000 YouTube views for a total of the 12 videos. Estimated 90 days from start to finish.

Press Kit Polkadot 2.0

big_spender

Treasury Proposal: DOT liquidity loan for Bifrost DOT liquid staking token (vDOT) to be returned + DOT Staking rewards to Polkadot Treasury

- A referendum is proposed to distribute 100,000 DOT tokens to voters who support it.
- Voters will receive rewards based on the number of DOTs they contribute and their conviction level.
- The goal is to encourage more people to participate in governance.
- Critics argue that rewarding governance participation is not ideal, but a Twitter spaces session with 300 participants ended with no one against the proposal.
- The payment will be managed by a multi-sig wallet controlled by eight individuals, with a 5% commission for a technical partner.
- If the proposal is opposed, a referendum canceler or killer could be proposed, allowing people to vote against it.
- The proposal aims to make governance more democratic and secure the network from potential attacks.

WHO: Giotto, Cris Nguyen, Dakota Strindbergman, Sourabh Niyogi, Jay Chrawnna, LUI5, and Kirill (Azymologist).
WHAT: Proposal to incentivize governance participation by giving away 100k DOT to those who vote YES on the referendum.
PRICE/TIMEFRAME/RESOURCES: 100k DOT to be shared among those who vote YES, managed by a multi-sig (5 of 8) and Kirill's company taking 5% commission.

Polkadot Watchdogs Governance Monthly Incentive Referendum #1 - VOTE NAY

- The proposal suggests opening a channel between AssetHub (ParaID 1000) and Hashed Network (ParaID 2093).
- This channel would allow projects on Hashed Network to use stable coins like USDT and USDC.
- It could lead to more adoption of Polkadot's native USDC and USDT.
- Hashed Network aims to help traditional businesses move into the web3 space.
- The goal is to strengthen the Polkadot ecosystem.
- The proposal is important for the growth and innovation of the Polkadot network.
- If you have any questions, feel free to ask.

TimedOut

WHO: Hashed Network and AssetHub (ParaID 1000)

WHAT: Open a channel between AssetHub and Hashed Network to allow projects on Hashed Network to leverage stable coins like USDT, USDC, or other tokens, increasing adoption of Polkadot native USDC and USDT.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Open HRMP channels between AssetHub and Hashed Network

### Summary of the Proposal

- The proposal aims to reduce the existential deposit (ED) on Asset Hubs.
- Currently, transaction fees are calculated in DOT and then converted to other assets using a ratio based on minimum balances.
- Reducing the DOT ED by a factor of 10 would increase fees in other assets by the same factor.
- The proposal suggests reducing the minimum balance requirement for assets like USDT, USDC, and KSM by a factor of 10 to maintain the ratio.
- There is also a plan to update the metadata for bridged KSM, which failed previously due to a technical issue.
- The proposal has been updated to align with an upcoming Asset Hub upgrade that will actually update the ED.
- The updated proposal can be found in [this PR](https://github.com/polkadot-fellows/runtimes/pull/158).

Cancelled

The proposal suggests reducing the minimum balance requirement for USDT, USDC, and KSM by a factor of 10 to reduce the existential deposit on Asset Hubs. This will increase fees in sufficient assets by a factor of 10. The proposal also includes updating metadata for bridged KSM.

Update Sufficient Asset Minimum Balances

- Polkadot community shared a proposal for 2024.
- They started with a proposal in 2021 for education, hackathons, and accelerators.
- In 2023, they received funding for more education, hackathons, and an online accelerator.
- They completed their 2023 proposal and are now planning for 2024.
- The 2024 proposal includes education series, bootcamps, hackathons, accelerators, and talent support.
- They request $385k in funding, split into three tranches.
- The funding will be used for various educational and development activities.

WHO: Polkadot Community

WHAT: Proposal for 2024 including an 8-week education series, a 4-week ink! bootcamp, a 4-week online hackathon, an 8-week accelerator, exposure in their in-person hacker house, and free talent support to any Polkadot ecosystem company.

PRICE/TIMEFRAME/RESOURCES: Funding of $385k split across 3 tranches of $128,333 in DOT (17,038.37 DOT based on Subscan 30 day MA of 7.532) immediately, one after 3 months, and one after 6 months. Details in attached deck.

Encode x Polkadot 2024 Programming

- Integritee AG is requesting 11,655 DOT (87,377 USD) from the treasury for a retroactive spend.
- They have implemented the **Incognitee Sidechain**, which allows private transfers of relaychain native tokens.
- A **demo video** shows DOT being shielded and unshielded between a local Asset Hub and Incognitee.
- They can now transfer ROC privately on the public Rococo testnet.
- Next steps include launching a public test campaign and bug bounty on their Rococo testnet.
- They plan to support Asset Hub and its fungible assets like USDC/USDT, and eventually any Substrate-based chain.
- The project's vision was outlined in an initial blog post, and they previously attempted to get treasury funding through Referendum 17.

Integritee AG requests 11,655 DOT (87,377 USD) for implementing Incognitee Sidechain that enables private transfer of relaychain native tokens. They have completed the implementation and demonstrated it in a video. The next steps include launching a public test campaign and bug bounty, supporting Asset Hub and its fungible assets, and supporting any substrate-based chain and its assets. They have also provided a link to their full proposal document and a link to test their technology on their Rococo testnet.

Private Transfers of DOT

### Jinse Finance Proposal Summary

- **Proponent:** Jinse Finance
- **Date:** January 18, 2024
- **Requested DOT:** 8,208 DOT (equivalent to 60,000 USDT)
- **Proposal:** Jinse Finance proposes to increase Polkadot's brand awareness and community influence in China through media exposure and community promotion.
- **Who is Jinse Finance?** Founded in 2016, Jinse Finance is a leading blockchain and Web3 information platform in China, reaching over 20 million users worldwide.
- **Problems Addressed:**
  - Competitive market with other public chains and Layer 2 protocols.
  - Need for tailored expansion strategies in different markets, particularly China.
  - Lack of systematic information dissemination and promotion in the China market.
- **Proposed Solution:** Jinse Finance will provide a comprehensive media and marketing package, including information dissemination, organizing events, and promoting Polkadot ecosystem projects.
- **Timeline:** Content releases will align with Polkadot's development, with regular monthly communication between Jinse Finance and Polkadot.

small_spender

Treasury Proposal: Marketing and media proposal for Polkadot in China

- Encode Club and Polkadot are concluding their initiative with several milestones achieved.
- They are seeking £10k in DOT for prizes for the upcoming Encode x Polkadot Hackathon in February 2024.
- A 4-week online Polkadot ink! Hackathon was held in 2023, with sponsors like Aleph Zero, Astar, and Zeitgeist.
- The Encode x Polkadot 2023 Accelerator is an 8-week program aimed at transforming early-stage projects into startups.
- The upcoming Encode x Polkadot Hackathon in February 2024 is a 4-week event designed to engage developers and innovators in the Polkadot ecosystem.

WHO: Encode Club
WHAT: Requesting the remaining £10k in DOT to allocate as prizes for the upcoming Encode x Polkadot Hackathon in February 2024.
PRICE/TIMEFRAME/RESOURCES: £10k in DOT, to be used as prizes for the hackathon in February 2024.

Encode Club x Polkadot Education Programming 2023 - A Summary Report of Tranche 4 to Request Funding for Tranche 5

- A referendum is being proposed to select curators for Bounty #31, which is about setting up public RPCs for relay and systems chains.
- The bounty was previously funded through a [previous referendum](346).
- The proposed curators include:
  - Alex Dimitrijevic (Infrastructure & Tooling Lead at Parity Technologies)
  - Ivy Network (Collective)
  - Eric Poh (CEO of Pinknode)
  - Leemo (Nova Wallet / Robonomics / ChaosDAO / GM Parachain / HydraDX & Basilisk Council)
  - lolmcshizz (HydraDX)
- These curators form a 3/5 multisig group to manage the bounty.
- The multisig group will use a Pure Proxy account for operations.
- The Pure Proxy account address is: 1t4LzYdL5LyKqPUP4iMWNyHy9DthRKJLdx2dUfr25tV22Wi
- The multisig account address is: 14xpJ93SiwWHY4zpZbqrWuWvuQK1giMFWAc12i7NcPFKBErK

This proposal suggests the appointment of five curators for Bounty #31, who will be part of a 3/5 multisig and will use the Pure Proxy account as the curator account. The curators include Alex Dimitrijevic, Ivy Network, Eric Poh, Leemo, and lolmcshizz. No price, timeframe, or resources are mentioned.

Proposing Curators for Bounty #31

### Summary of Hector Bulgarini's Analysis on Proposal #379: NFT XCM

- **Abstract**: The analysis is about improving NFT interoperability across Polkadot's parachains using XCM.
- **Prior Art**: Currently, NFTs are not fully interoperable across different parachains.
- **Projected Prior Art**: Without this proposal, NFT interoperability will remain limited.
- **Context**: This proposal is relevant to the broader goal of enhancing interoperability within the Polkadot ecosystem.
- **Why**: It is needed to make NFT interoperability production-grade and widely accessible.
- **Trade-offs**: Compares this proposal to alternative solutions, considering both existing and theoretical options.
- **Background**: Hector previously worked on Trappist, focusing on XCM NFT interoperability.
- **Request**: DOT Experts are invited to join a Telegram group to help voters make informed decisions.

Proposal #379: NFT XCM aims to make XCM NFT Interoperability production grade across all parachains in the Polkadot ecosystem. No specific price, timeframe, or resources mentioned.

DOT Experts Tip for Hector Bulgarini for Proposal #379: NFT XCM

### Polkadot DAO Hackathon Summary

- **Locations:** Dubai and Budapest
- **Duration:** 4 hours
- **Attendees:** 27 on-site, 5 online
- **Activities:** Education on DAOs and Polkadot, brainstorming new project ideas
- **Success:** Signed agreement with Dubai Blockchain Center for future event support
- **Feedback:** Attendee score 8.5/10, positive comments on education and food
- **Learnings:** Need earlier announcements, max efficient size is 30 participants per location
- **Resources:** Free educational materials and event details shared online

Polkadot ambassadors organized a 4-hour-long decentralized governance/DAO hackathon in Dubai and Budapest, with 13 and 14 on-site attendees respectively, and 5 online attendees. They aimed to educate attendees on decentralized governance and Polkadot network, and succeeded in developing innovative ideas. They signed an agreement with Dubai Blockchain Center for free locations for future Polkadot events. The attendee feedback score was 8.5/10, and they created 5 project ideas. They shared their event-specific education material and details, invoices, pictures, and all related information in the docs.

Retroactive tip for Polkadot hackathon brunch in Dubai and Budapest

### Verbo DotSama Channel Proposal Summary

- **Proposal**: Request for retroactive funding for 9 educational videos about the Polkadot ecosystem in Portuguese.
- **Proponent**: 14iWWjHr2VLTNW2p5ZzmqNeD1ox2udjsU9VsP5k3murqeNiJ
- **Date**: January 16, 2024
- **Requested DOT**: 673 DOT
- **Team**: John Rhodel (Parachainboy), Carlos Sawaki (CJ), Gabriel Bonugli (Gabekoin)
- **Content**: Videos, articles, and dubbing for the Portuguese-speaking community (Brazil, Portugal, Angola, Cape Verde, Guinea-Bissau, Mozambique)
- **Metrics**: 9 videos produced between October 1, 2023, and January 16, 2024, with an average viewing time of 2-3 minutes and high engagement rates.
- **Motivation**: To improve educational content, technical quality, and reach within the Polkadot community.
- **Payment**: Request for 673 DOT to cover production costs and promotions.

For detailed information, visit the [full proposal](https://docs.google.com/document/d/1pLnZGhJnW1arQpBOxxkZLSauUNEar162XzLh8YOysaU/edit?usp=sharing).

WHO: Verbo DotSama Channel team consisting of John Rhodel, Carlos Sawaki, and Gabriel Bonugli.
WHAT: Requesting retroactive funding of 673 DOT ($7.42/DOT) for 9 videos produced about news from the Polkadot ecosystem, along with paid promotions.
PRICE/TIMEFRAME/RESOURCES: $4500 for 9 videos + $500 for paid promotions to be held in those videos. Videos were produced between October 1st, 2023 to January 16th, 2024.

Big Tip for Content in Portuguese - Verbo DotSama

- **Project Idea**: Create an illustrated book titled "The Sacred Coin Quest" to educate future generations about Polkadot, blockchain, and economic revolution.
- **Purpose**: Develop a collective memory and culture within the Polkadot community through storytelling.
- **Story Synopsis**: Set in 2140, the book follows Persefone's journey to find a "sacred coin" that could unite a divided world using blockchain technology.
- **Educational Content**: Each chapter teaches about Polkadot, from basic concepts to advanced technical details.
- **Structure**: The book is divided into nine chapters, each representing a region of the world.
- **Funding**: Initial request for 250 DOT to develop the story and illustrations, with plans for future funding rounds.
- **Community Involvement**: The community will vote on themes and plots, creating a decentralized story.
- **Author**: Munay, who has experience in art and blockchain technology through the Nuna Project.
- **Conclusion**: The project aims to contribute to Polkadot's culture and history by creating a lasting educational and entertaining narrative.

Munay proposes to create an illustrated book called "The Sacred Coin Quest" to contribute to the culture of the Polkadot community. The book will educate and entertain readers about Polkadot, blockchain, and the economic revolution. The project will be divided into nine chapters, each representing a region of the world. Munay is initially requesting 250 DOT for the first phase of the project, which will involve developing the story and creating initial sketches. The ultimate goal is to achieve economic autonomy and build an ecosystem where the story can grow collaboratively.

 Illustrated Book: "The Sacred Coin Quest" - Create a Collective Memory

### PolkaWarriors Proposal Summary

- **Objective**: Strengthen Polkadot's presence in Vietnam by engaging the community.
- **Problem**: Polkadot and Kusama are underrepresented in Vietnam despite a booming crypto market.
- **Solution**: PolkaWarriors will create educational content, host events, and build a local community.
- **Activities**: 
  1. Create educational materials.
  2. Provide news updates and market research.
  3. Produce short-form content videos.
  4. Establish a local Polkadot community.
  5. Host offline meetups.
  6. Conduct workshops for students.
  7. Focus on business development.
  8. Promote a Substrate course.
- **Funding**: Requesting 9,900 DOT (~85,536 USD) over 26 weeks.
- **Goal**: Foster a vibrant Polkadot ecosystem in Vietnam and raise awareness among Vietnamese developers and users.

WHO: PolkaWarriors

WHAT: Fostering a thriving Vietnamese Polkadot ecosystem through comprehensive marketing and communication campaigns, educational materials, community events, and workshops.

PRICE/TIMEFRAME/RESOURCES: $84,280 for 26 weeks, asking for 9,900 DOT (~$85,536 as of Dec 28).

PolkaWarriors - Cultivate a robust & collaborative community of Polkadot in Vietnam

- **Proposer:** NoSpec Agency
- **Contact:** @XCCrane at Telegram
- **Requested Amount:** 1000 DOT
- **Service Overview:** NoSpec provides influencers in the Polkadot ecosystem with research, connections, and guidance for impactful content creation.
- **Campaign Output:** Includes research reports, content strategy, fact-checking, and consultancy.
- **Key Achievements:** Developed detailed analyses on HydraDX and Bifrost, supported various influencers, and enhanced content quality.
- **About NoSpec:** A leader in Polkadot ecosystem research with a wide network and diverse talent pool.
- **New Funding Request:** Seeking 1000 DOT to expand research, influencer support, and consultancy services.

WHO: NoSpec Agency
WHAT: Providing guidance and support to Polkadot influencers through research materials, connections, fact-checking, and consultancy.
PRICE/TIMEFRAME/RESOURCES: Requesting 1000 DOT for further research, expanding influencer network, and enhancing consultancy services at a rate of 100€/h.

Marketing Support NoSpec Tipper 2

root

wish_for_change

staking_admin

treasurer

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.