- This proposal is asking for money to buy 4 special licenses from Merkle Science.
- These licenses will help different teams show important information to their users about their accounts.
- Merkle Science helps track scams and stolen funds by providing tools for investigations.
- The previous licenses were used by teams but need to be renewed because they will end soon.
- The proposal is for $43,200 to cover the cost of the licenses for another year, plus a new one for Subwallet.
- The licenses help keep users safe from scam accounts and provide better transparency.
- The proposal is important to help all Polkadot users and improve how they see their transactions.

Executed

small_spender

**WHO:** Merkle Science

**WHAT:** Requesting funding of $43,200 or 6702 DOT for the renewal of 4 API licenses for Subscan, Fearless, PolkaGate, and Subwallet to display account attributions to their users.

**WHEN:** The licenses will expire at the end of May 2024, and the proposal aims to secure funding for their renewal for another year.

**RESOURCES:** The cost of each license is $10,800 USD, so the requested amount for all 4 licenses is $43,200, including a 30% discount on individual licenses prices.

Treasury proposal for renewal of API licenses for Blockexplorers

### Polkadot Education

**Purpose:** A web and mobile app to teach blockchain and Web3 to enterprises.

**Features:**
- **Learning Path:** From basics to advanced Polkadot.
- **NFT Rewards:** Earn NFTs for completing modules.
- **Parachain Integration:** Hands-on experience with Polkadot’s features.
- **Educational Partnerships:** Collaborate with other educational groups.

**Market Demand:** High interest from major companies, including one of Brazil’s top firms.

**Competitive Edge:** Focuses on practical, hands-on learning tailored for enterprises.

**Team:** Experienced developers and designers with expertise in blockchain and Web3.

**Goal:** Meet the growing demand for blockchain education in the enterprise sector.

medium_spender

WHO: Polkadot Education

WHAT: Develop a web and mobile application to provide comprehensive blockchain and Web3 education tailored for enterprises and institutions.

PRICE/TIMEFRAME/RESOURCES: $178,160 USD in DOT (24,800 DOT) requested on 06/06/2024.

Polkadot Education - Polkadot Onboarding for Business

Polkadot is trying to be the top choice for using blockchain technology to digitize financial and real-world assets. Here are some key points:

- Many big companies like BlackRock and Citibank are excited about using blockchain for financial assets.
- BlackRock launched its first tokenized fund recently, showing a strong interest in digital assets.
- Citibank is working with other companies to use blockchain for better access to private markets.
- Barclays is testing new types of bank deposits using blockchain technology in the UK.
- Blockchain can help in many areas beyond finance, such as food safety, renewable energy, and environmental sustainability.
- Two leaders, Ben Sheppard and Stanley Boots, want to help Polkadot become important in these areas by sharing knowledge and building partnerships.
- They plan to create educational content and community events to spread awareness about Polkadot's advantages.
- Their goal is to support real-world projects and make blockchain easier to use for different industries.

WHO: Ben Sheppard, Stanley Boots, and Rob Holmes.

WHAT: Position Polkadot as a leader in blockchain for Real World Assets (RWA), particularly in financial assets, infrastructure, real estate, and sustainability sectors. They will establish thought leadership, engage through digital media, create content, act as a conduit for new RWA players, build and support communities, develop partnerships and collaborations, and identify new use cases.

PRICE: USD 10,000 per month for 6 months, with an additional expenses budget of USD 15,000.

TIMEFRAME: 6 months. 

RESOURCES: Ben Sheppard, Stanley Boots, and Rob Holmes will lead the project.

BD & Marketing Proposal. Polkadot as the preferred network of chains for digitizing financial assets and similar real world assets 

Rejected

Please vote Nay

- The event took place on April 16, 2024, at Token 2049 in Dubai, organized by CCTF.
- It was held on a yacht with many important people from the web3 community attending.
- Polkadot was the main sponsor and provided 40 free tickets for the event.
- There were some issues with presentations because of bad weather, but guests enjoyed networking on the yacht.
- CCTF is known for creating fun tech events for hackers and developers.
- The total budget for the event was $45,000, with part requested for reimbursement.
- The event had 100 attendees and received a high satisfaction score.

**WHO:** CCTF DAO

**WHAT:** Reimbursement funding for a Polkadot event at Token 2049 in Dubai, including networking, presentations, and business development activities.

**PRICE/TIMEFRAME/RESOURCES:** Requested budget of $30,000 retroactively paid by CCTF DAO itself. Event held on April 16, 2024, with 100 attendees and 40 free tickets provided for the Polkadot ecosystem. Numerous media appearances and a satisfaction feedback score of 4.625.

Retroactive Sponsorship Reimbursement for Polkadot CCTF Yacht event at Token 2049, Dubai

wish_for_change

Inclusion of DED in marketing narratives

Virtune AB, a regulated Digital Asset Manager, has partnered with CultureDot to promote a Polkadot ETP (Exchange-Traded Product) in the Nordic region. This 1:1 Spot Backed Polkadot ETP aims to increase investment in Polkadot by offering a regulated, investible staked, spot-backed ETP. Virtune AB is a fast-growing asset manager with 89M in assets under management and 26,000 unique accounts. They are publicly traded on the Nasdaq Nordic and are registered with the FSA of Sweden. The campaign includes digital advertisements, IRL placements, select appearances, and private seminars to reach retail and institutional investors. The goal is to attract 2830 new clients with an average starting investment of $1750 per investor, expecting a ROI of $4.4M into the Polkadot ecosystem by early 2025. Virtune AB will fund the digital spend portion of the campaign, matching 20% of the IRL hard cost, amounting to a total of $78,660 USD.

Virtune AB, a regulated digital asset manager licensed to operate in multiple Nordic countries, proposes a campaign to promote exposure of a 1:1 Spot Backed, Polkadot ETP. The campaign includes digital advertisements, IRL placements, select appearances, and private seminars. Virtune AB is requesting a total of 89,945 DOT ($571,150 USD) at a price of $6.35 to cover the campaign costs. The campaign is projected to attract 2830 new clients to invest in the Polkadot ETP, with an average starting investment of $1750 per investor. Virtune AB will fund the digital spend portion of the campaign, matching 20% of the IRL hard cost, amounting to a total of $78,660 USD.

VIRTUNE AB X POLKADOT - ETP CAMPAIGN, SWEDEN & THE NORDICS

- There is a referendum about giving money to the Fellowship sub-treasury.
- The plan is to send 2 million DOT from the main Treasury.
- The amount was increased from 1 million to 2 million based on feedback.
- The Fellowship can directly approve funding proposals.
- Teams with technical projects can ask for support from the Fellowship.
- Other groups can also give proposals from their own sub-treasuries.
- Future changes could help automatically send money to sub-treasuries.

root

WHO: Polkadot community

WHAT: Referendum to send 2 million DOT from the "main" Treasury to the Core Fellowship sub-treasury for direct funding proposals

PRICE/TIMEFRAME/RESOURCES: Not specified

Funding the Technical Fellowship Sub-Treasury

Referendum 631 top up due to DOT price change

StorageHub is a decentralized storage solution developed by Moonsong Labs, funded by the Web3 Foundation. It is designed to work well with Polkadot's features, making it strong, fast, and able to work with other systems. Here are some reasons why StorageHub is important:

1. It works easily with Polkadot without needing complicated setups.
2. It has two types of storage providers, which makes it flexible and keeps data safe.
3. It makes payments easier for users.
4. It helps the Polkadot community grow by providing a platform for new ideas.

The team wants to make sure StorageHub is safe and reliable, so they are asking for money to have it checked by SRLabs, a company that knows a lot about keeping things safe in the world of blockchain.

You can learn more about StorageHub and Moonsong Labs by visiting their websites and reading their proposal. They also want to hear your ideas to make StorageHub even better.

Moonsong Labs received a grant to develop StorageHub, a decentralized storage solution for Polkadot. They are seeking funding for an audit of the codebase by SRLabs to ensure security and reliability. No specific price or timeframe is mentioned.

StorageHub’s Codebase Audit

TimedOut

PLEASE VOTE NAY

A user tried to secure a Parathread on Polkadot.js but encountered a UI bug that showed an incorrect reserve amount. This mistake led to a loss of 408.45 DOT in fees. The ParaID is 3376, and the Controller Account is 1xGrVAzbHfUfxFMRhUsDKWFcJNf1XMSNE2UqRjkYyFhrnqt. Three transactions were made on May 30, 2024, with each transaction amounting to 136.1501892767 DOT.

big_tipper

WHO: Not specified
WHAT: Report a UI bug in Polkadot.js that caused incorrect reserve amount and cost 408.45 DOT in fees while securing a Parathread for ParaID 3376.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Polkadot.js UI Bug When Initiating A Parathread for Parachain Auction

The Frequency Network Foundation has proposed a side event called "Revolutionizing Social Media for a Better Internet" in association with EthCC Brussels/Polkadot Decoded. The event, scheduled for July 10th, 2024, in Brussels, aims to demonstrate the potential of integrating Frequency's blockchain technology with MeWe's social media platform to enhance data privacy, digital identity, and user empowerment. The event seeks EUR 116,000 in funding for various expenses, including venue, accommodation, travel, meals, and promotional materials. The event will feature workshops, panel discussions, and networking opportunities. The integration of Frequency, a Layer-1 parachain on Polkadot, with MeWe will showcase Web3 functionalities that empower users with data ownership and enhanced privacy. The event aims to increase awareness within the Polkadot community about the innovative uses of Frequency and MeWe technologies, attract the crypto community, and foster new project explorations and collaborations within the Polkadot ecosystem. The event's success will be measured by attendance, engagement, collaboration opportunities, media coverage, and post-event feedback. However, the Frequency proposal has been paused and ultimately withdrawn, with the organizers expressing gratitude to the Polkadot community for their insights and feedback.

WHO: Frequency Network Foundation

WHAT: Requesting EUR 116,000 to host a side event at Polkadot Decoded in Brussels to showcase the transformative potential of integrating Frequency's blockchain technology with MeWe's social media platform.

TIMEFRAME: July 10th, 2024

RESOURCES: The budget breakdown includes venue, accommodation, travel, meals and drinks, creative agency, photography, videography, swag, event staff, paid media, and dinner for the Web3 community.

Revolutionizing Social Media for a Better Internet

- The #774 proposal was decided to be removed due to problems that arose.
- One goal was to build a community, but it did not work as planned.
- The creators thought people would support them, but it didn’t happen.
- The team still wants to help content creators with streaming tools.
- They will think about how to improve the project.
- They welcome ideas from people and groups for new online community support.
- You can join their Discord channel to learn more and share ideas.

referendum_canceller

The #774 proposal has been removed due to negative community feedback. The goal was to build a user community, but the opposite happened. The team will reflect on the project and seek proposals to support online communities, anonymity, and AI-social interactions. Join Kinera Discord channels for more information.

 Cancelling treasury proposal #774

AssetX is a decentralized exchange (DEX) for Polkadot users that aims to make decentralized finance (DeFi) activities more accessible and user-friendly. It offers secure trading, native token swapping and minting, liquidity pools, and yield farming opportunities. The platform is designed to be globally accessible with reduced fees compared to centralized exchanges.

The team behind AssetX has proposed a project to the OpenGov Treasury, requesting $524,000 USD in DOT tokens to develop the DEX. They plan to build and launch the platform within 14 weeks, focusing on a user-centric design and continuous innovation. The funding will be allocated to development, security audits, marketing, legal fees, and initial liquidity provision.

AssetX's tokenomics plan includes a hard cap of 1 billion ASX tokens with no halving events. The token distribution will be as follows: 20% for the team, 5% for OpenGov voters, 55% for liquidity pool incentives, 20% for airdrops, and 2% for an insurance fund.

The long-term vision for AssetX is to become the leading DEX within the Polkadot ecosystem, focusing on interoperability, scalability, innovation, community growth, and sustainability.

WHO: AssetX team

WHAT: Requesting $524,000 USD in DOT tokens to build a decentralized exchange (DEX) for Polkadot users, offering secure trading, native token swapping, liquidity pools, yield farming, and reduced fees.

TIMEFRAME: DEX will be built and ready for use within approximately 14 weeks after receiving the treasury funds.

RESOURCES: The team comprises Polkadot enthusiasts and experienced professionals from various fields, including blockchain technology, software development, and marketing. The team will collaborate with MVP Workshop, OpenZeppelin, and CertiK for development, auditing, and security.

AssetX the new Polkadot Asset Hub DEX

small_tipper

Vote Nay. Is a toturial about How to Request Stable asset USDT, USDC

treasurer

Referendum #822 - Refill for marketing bounty number #33

- ChaosDAO wants to set up a free beer stand at the Polkadot Decoded event to help people relax and make new friends.
- They are asking for 4,504 DOT, which is about 30,000 euros, to cover the costs of beer and supplies.
- The beer stand will be in the lobby of the event, with fun music and tables to create a friendly atmosphere.
- They promise to be honest about the budget and return any leftover money to the treasury.
- They will use eco-friendly cups and provide non-alcoholic drinks like water and soft drinks too.
- ChaosDAO can't vote on their own plan, but its members can vote like everyone else.
- They believe that this event will help people connect and strengthen the Polkadot community.

ChaosDAO proposes to sponsor a beer stand at Polkadot Decoded to enhance the community experience. They request 4504 DOT or 30,000€ for beer, eco cups, tables, bar staff, banners, t-shirts, and overhead. They aim to create a social hub for attendees to network, encourage community bonding, promote business development, and create a memorable experience. They will provide detailed invoices for all expenses and ensure no intermediaries inflate costs. They will manage the funds through a multi-signature wallet.

 Free Beer Stand & BD/Networking Space at Polkadot Decoded

Polkadot is being proposed as the title sponsor for the Crypto AI Summer Conference in Lisbon, Portugal in September 2024. The goal is to make Polkadot a leading crypto AI ecosystem. For 10,000 DOT, Polkadot will get branding opportunities, a keynote speech, a premium booth, and participation in panel discussions. The proposal includes pre-event promotions, direct interactions during the event, and post-event coverage to increase Polkadot's visibility. Unique elements like a Polkadot-themed bar and exclusive networking opportunities will also be included. The campaign will have pre-event activities like KOL promotion, PR articles, and logo placements. During the event, there will be a keynote speech, panel discussion participation, premium booth design, and an exclusive networking dinner. Post-event activities will include PR articles, a tier 1 media interview, a custom video interview, and inclusion in post-event press releases.

WHO: Lunar Strategy Event proposes Polkadot as the Title Sponsor for Crypto AI Summer Conference in Lisbon, Portugal in September 2024.
WHAT: For 10,000 DOT, Polkadot will receive extensive branding opportunities, including logo placement, a keynote speech slot, premium booth placement, and participation in panel discussions. 
PRICE/TIMEFRAME/RESOURCES: 10,000 DOT, September 2024, pre-event promotions, direct interactions during the event, and post-event coverage.

Title Sponsorship at the Crypto AI Summer Conference

### Summary of Polkadot UX Bounty Proposal

- **Proposal Overview**: A bounty proposal to improve user experience (UX) in the Polkadot ecosystem.
- **Objective**: Enhance UX to match Polkadot's technical capabilities, making it more user-friendly and competitive.
- **Community Involvement**: Encourages broad participation to develop UX standards that meet community needs.
- **Scope**: Focuses on improving end-user experience, not developer experience or backend enhancements.
- **Team**: Braille coordinates the initiative, with a 4/6 multisig team of curators overseeing decisions and fund disbursements.
- **Updates**: The proposal was updated on June 12th to address feedback, including changes in the curator team and budget allocation.
- **Full Proposal**: Detailed information is available in the [Full Proposal](https://docs.google.com/document/d/1m-1pafxMoyhlGCKe2tAN7sG33305_yI9AtCHUGQLxJM/edit#heading=h.e5naxwp3hhoz).

Braille, Polkadot UX Guild, and OpenGovWatch propose to improve the end-user experience in the Polkadot ecosystem. The objective is to secure funding to address and resolve existing UX challenges, while also paving the way for innovative solutions that enhance user experience through the capabilities of the Polkadot SDK. The bounty is dedicated to improving the end-user experience, and the team of curators will oversee and approve all decisions and fund disbursements. The proposal is open for feedback.

Referendum #819 for the Polkadot UX Bounty

This proposal aims to continue the operations of a working group in Brazil to convert leads interested in Polkadot into builders or partners, with the goal of making Polkadot Brazil's leading blockchain ecosystem. Brazil is a significant player in the cryptocurrency market and has a large, tech-savvy population. The proposal outlines the challenges faced by different institutions in adopting blockchain technology and presents a strategy with four pillars: educational initiatives and partnerships, constant account management and consultancy, transformation and cultural approach in large companies, and supporting resources and insights.

The team behind the proposal includes John Rhodel Bartolomé, Gabriel Bonugli, Gustavo Joppert, and Carlos Sawaki, with curators Nick Dunford, Luis Dal Porto, and Ryan Haczynski. The base compensation for the Business Development (BD) team is $7,000 per month, with the possibility of additional compensation through an incentive system based on achieving specific objectives. If the team does not meet the goals within six months, the remaining funds will be transferred to the treasury. The team uses the legal entity "BENSHIGERU DAO" to interface with Brazilian companies.

WHO: Benshigeru DAO and John Rhodel

WHAT: Continue operations to convert identified leads interested in Polkadot into builders/partners to establish Polkadot as Brazil's leading blockchain ecosystem.

PRICE/TIMEFRAME/RESOURCES: Requested allocation of $386,650 USD with a 5% curator reward. Six-month timeline with the possibility of extension. Full details in proposal document.

Polkadot Business Development in Brazil - Continuation of Operations

- This proposal suggests scheduling 8 auctions for LP18 during LP17 as a precaution.
- It aims to ensure that coretime is ready for LP18.
- If coretime is successfully enacted, these auctions won't be needed.
- The proposal includes a schedule hash and a proposal hash for reference.
- A preimage for the proposal is also provided.
- Reviewers are encouraged to vote on the proposal.

auction_admin

The proposal suggests scheduling 8 auctions for LP18 during LP17 as a safeguard in case coretime is not ready in time. The price, timeframe, and resources are not specified.

Proposal: Adding More Auctions For LP18 On Polkadot

SmallTipper

Toros is a marketing agency that wants to help Polkadot get more attention. They have a plan to use drones at a big music festival in Canada to show the Polkadot logo and a special code. People at the festival can scan the code to get a chance to win Polkadot NFTs, which are special digital art pieces. The agency also wants to tell people about this event on the internet to make more people interested in Polkadot and NFTs. They are asking for some money to make this plan happen and promise to give back any extra money. They will also measure how well the plan works by looking at how many people talk about it online.

Toros, a marketing agency, seeks funding of 9286 DOT ($66,300) for a brand awareness, PR campaign, and NFT drop at Veld Music Festival. The campaign includes sponsorship of three drone light shows, NFT drops, and a corresponding PR and social media push. The goal is to elevate Polkadot's presence and draw users to the emerging Polkadot NFT space. The campaign will be measured via online engagement metrics. Unused DOT will be returned to the treasury.

*UPDATED* Polkadot Drone Show + NFT Drop Over VELD Music Fest (100K+ Attendance) - Brand Awareness + PR Campaign

whitelisted_caller

staking_admin

lease_admin

fellowship_admin

general_admin

referendum_killer

big_spender

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