Notifi Network is a cross-chain communication and messaging infrastructure for web3 builders. They offer devtools for web3 projects to send real-time alerts to users. Notifi is asking for a grant from the Polkadot Treasury to provide their services to the Polkadot relay chain and its ecosystem parachains. They believe their platform can help increase the use of Polkadot-native platforms.

The problem Notifi is solving is the difficulty of building notifications and alerts within web3 due to the decentralized nature of user onboarding. Notifi's solution is a customizable, white-labeled communication platform that can be embedded into web3 dApps. They can monitor and parse smart contract events to create custom notifications like loan health, governance proposals, and staking alerts.

Notifi has worked with Parity and received interest from 16 parachains, wallets, and ecosystem partners for their notification services. They want to work closely with the Polkadot community and receive feedback on their proposal.

Rejected

medium_spender

This is V2 of the proposal we submitted a few weeks back. You can find the complete details here:

[https://docs.google.com/document/d/1vKwN6yf9A\_KNEwzw-XpTdBy-25U0fx9pkLGdvqn-DdA/edit?usp=sharing](https://docs.google.com/document/d/1vKwN6yf9A_KNEwzw-XpTdBy-25U0fx9pkLGdvqn-DdA/edit?usp=sharing)

**Summary:**

Notifi Network ([https://notifi.network)](https://notifi.network\)) is a cross-chain communication and messaging infrastructure designed specifically for web3 builders. Notifi’s platform offers the devtools designed for web3 projects to start sending near real-time alerts to end users. This allows web3 developers and marketers to create highly custom messages, enabling web3 teams to identify who to message and how the message is delivered. We are proposing a grant from the Polkadot Treasury that can cover the full cost of providing our services to both the Polkadot relay chain itself and its core ecosystem parachains. We believe that our platform can facilitate the increase in adoption of the Polkadot-native platforms by new and existing users in web3.

**Problem Statement**

Notifi is Solving Building notifications and alerts within web3 is a key pain point for all B2C platforms given the decentralized nature of user onboarding experience via wallets. As soon as end users onboard onto web3 dApps, the connection between the business and the consumer are immediately disintermediated, where the web3 project is not able to contact the users directly to provide useful information. We’re solving problems for two key groups of users: 1) web3 users, and 2) web3 builders and communities.

**Offering**

Notifi's Solution Notifi’s platform bridges the communication gap between web3 projects and its communities by providing the dev toolkit and infrastructure designed specifically for web. Notifi’s solution is a highly customizable, white-labelled communication platform that can be embedded natively into web3 dApps. Additionally, we’re able to monitor and parse smart contract events at a very granular level, enabling custom notifications, including loan health, governance proposals and staking alerts that are unique to parachains / dApps, while also doing it at scale. Improved notifications and communications to end users ultimately drives user activation, engagement, and retention, which is crucial for the broader Polkadot ecosystem to continue growing and remain competitive.

Over the last several months, we worked closely with Parity to engage with the core Polkadot ecosystem parachains and wallets, and we received tremendous interest from the broader community to provide our notification services to power dApps and parachains. 16 parachains, wallets and ecosystem partners have confirmed their need for Notifi’s services and committed support for Notifi’s grant proposal.

We hope to work closely with the Polkadot community at large to receive feedback on our proposal. We also appreciate that the Polkadot ecosystem is a truly community-driven ecosystem and welcome and invite feedback from the community to let us know which parachains should be included in the first batch.

\--

Please review our full draft proposal here:

[https://docs.google.com/document/d/1vKwN6yf9A\_KNEwzw-XpTdBy-25U0fx9pkLGdvqn-DdA/edit?usp=sharing](https://docs.google.com/document/d/1vKwN6yf9A_KNEwzw-XpTdBy-25U0fx9pkLGdvqn-DdA/edit?usp=sharing)

WHO: Notifi Network
WHAT: Providing cross-chain communication and messaging infrastructure for web3 builders, with a highly customizable, white-labelled communication platform that can be embedded natively into web3 dApps. 
PRICE/TIMEFRAME/RESOURCES: Proposing a grant from the Polkadot Treasury to cover the full cost of providing services to both the Polkadot relay chain and its core ecosystem parachains. 16 parachains, wallets, and ecosystem partners have confirmed their need for Notifi's services and committed support for the proposal.

Notifi - Communication & Notification Tooling for Polkadot's Broader Ecosystem V2 Proposal

Ignore / Nay (Duplicate Ref) 

KAGOME is a C++ implementation of the Polkadot Host that works with the Relay chain validators and syncing nodes. It helps make Polkadot safer by having different client implementations. The team has done work with the help of a grant and has added features like Parachains protocol integration and support for fast and warp synchronizations. They also made KAGOME better by improving its performance and adding new features.

Now, the team has a new plan to make KAGOME even better for Polkadot's upcoming features. They will work on improving RPC and WASM performance and conduct a security audit to make node operators trust KAGOME more. The work will be done by Quadrivium, Soramitsu, and SRLabs, with help from the Web3 Foundation.

The new plan includes optimizing Merkle storage, improving RPC, adding new features like asynchronous backing and SASSAFRAS, and doing a security audit. The team has asked for 253,862 DOT to complete this plan. You can read the full proposal with more details and prices here: [link](https://docs.google.com/document/d/17ZmueuaMjXY3_SRBHxWtKNHzpLNtSd_KGVfeTII6Nbc/edit?usp=sharing).

big_spender

![](https://i.ibb.co/YXRhvyk/kagome-header.jpg)  
[KAGOME](https://github.com/soramitsu/kagome) is a C++ implementation of the Polkadot Host that is protocol compatible with the original implementation in Rust and can already be used to run Relay chain validators and syncing nodes. With KAGOME and other client implementations we bring client diversity to Polkadot, mitigating risks of fatal bugs in a single client implementation, bringing innovations and broadening the development community. You may watch the most recent [presentation](https://youtu.be/TnENz6I9l8A?si=UY5iIqurLlnfsEfV) during Polkadot Decoded 2023 to learn more about KAGOME.

During previous work as part of [Kusama treasury grant](https://docs.google.com/document/d/17_MZYihw7bqRVdW6efi3vRinAk39N_QnAQeU0jRaXQ4/edit#heading=h.yagc8jqu1d54), the following results were achieved:

-   Parachains protocol integration
-   Light clients compatibility
-   Support for fast and warp synchronizations
-   Multithreading execution

In addition to features that were planned during the previous proposal our team achieved the following:

-   [First non-Substrate Live validator on Westend network](https://twitter.com/kamil_abiy/status/1640715666117492741)
-   [Zombienet support](https://twitter.com/kamil_abiy/status/1671406396641021952)
-   [Improved performance of Erasure coding library](https://twitter.com/kamil_abiy/status/1662113322089553921)
-   [KAGOME joined Thousand Kusama validators programme](https://twitter.com/kamil_abiy/status/1682410265768329217)

The goals of this proposal are to prepare KAGOME for the upcoming features of Polkadot, such as asynchronous backing, SASSAFRAS, BEEFY, and so on. We also plan to further improve KAGOME by improving RPC and WASM performance. Additionally, we plan to conduct an external security audit to build confidence in KAGOME among node operators. To achieve all of this, the work on the new proposal scope will be a joint effort between Quadrivium, Soramitsu, and SRLabs:

-   [**Quadrivium**](https://qdrvm.io) is a team of original C++ developers that developed KAGOME and C++ Libp2p. In August 2023 entire team has spun off from Soramitsu to group Quadrivium that will be responsible for feature implementation. 
-   During this grant proposal implementation [**Soramitsu**](https://soramitsu.co.jp) partners with Quadrivium to provide DevOps, QA and Security services for KAGOME. Soramitsu team is also experienced with KAGOME and Substrate and has necessary expertise to provide necessary infrastructure for testing KAGOME to ensure its stability, conformance with the spec and compatibility with Substrate
-   [**SRLabs**](https://www.srlabs.de/) is a Security Audit company that will be conducting an initial audit of KAGOME. SRLabs already has years of experience in auditing Substrate, which makes it a perfect fit for checking KAGOME

In addition, Web3 Foundation will be participating as technical advisor and will provide mentoring and technical support to ensure the completeness of milestones and conforming the [specification](https://spec.polkadot.network/).

**The scope of this proposal:**

-   Optimized Merkle storage
-   RPC Improvements: caching, new [interfaces](https://paritytech.github.io/json-rpc-interface-spec)
-   Asynchronous backing
-   Libp2p improvements: QUIC, WebRTC, DOS protection
-   SASSAFRAS
-   BEEFY
-   New WASM Engine (WASM Edge)
-   General maintenance
-   Development infrastructure
-   Integration tests with Zombienet
-   Security Audit

**Requested DOT: 253862**

**Please review the full proposal with detailed tasks descriptions and price breakdown:**

[https://docs.google.com/document/d/17ZmueuaMjXY3\_SRBHxWtKNHzpLNtSd\_KGVfeTII6Nbc/](https://docs.google.com/document/d/17ZmueuaMjXY3_SRBHxWtKNHzpLNtSd_KGVfeTII6Nbc/edit?usp=sharing)

WHO: Quadrivium, Soramitsu, SRLabs, and Web3 Foundation.

WHAT: Prepare KAGOME for upcoming Polkadot features, improve RPC and WASM performance, conduct an external security audit, and perform general maintenance.

PRICE/TIMEFRAME/RESOURCES: Requested DOT 253,862. Full proposal with detailed tasks descriptions and price breakdown available at https://docs.google.com/document/d/17ZmueuaMjXY3_SRBHxWtKNHzpLNtSd_KGVfeTII6Nbc/.

KAGOME – the C++ implementation of Polkadot Host milestone 2

Subsquid Lab is requesting funds to cover the ongoing development and maintenance costs for public Subsquid Archives and the Giant Squid API. Subsquid Archives provide on-chain data in GraphQL format for all major parachains on Kusama and Polkadot, while the Giant Squid API is a set of open-source GraphQL APIs that cover commonly used data for Polkadot, Kusama, and other parachains. The requested amount is 58253.66 DOT, which is approximately $233,014.67. The funds will be used to support the operation of these services, which are critical to the Polkadot ecosystem and are used by various projects such as Polkassembly, Talisman, RMRK, and others. The proposal includes detailed statistics and costing data, which can be found in the provided links.

Executed

**Proponent:** [Subsquid Lab Official](https://polkadot.subscan.io/account/13bfKSQXoBn3AMLtZaW6BKv797fqZzsD3PYF6xpJDir3tdoE) - 13bfKSQXoBn3AMLtZaW6BKv797fqZzsD3PYF6xpJDir3tdoE

**Beneficiary:** [Subsquid Lab Official](https://polkadot.subscan.io/account/13bfKSQXoBn3AMLtZaW6BKv797fqZzsD3PYF6xpJDir3tdoE) - 13bfKSQXoBn3AMLtZaW6BKv797fqZzsD3PYF6xpJDir3tdoE

**Contact Details:** Subsquid Labs GmbH, 6302 Zug, Switzerland - [mf@subsquid.io](mailto:mf@subsquid.io)

**Short description:** Ongoing development and maintenance costs for public Subsquid Archives and the Giant Squid API

**Archive raw data:** [Archive Infrastructure Metrics - April, May, June](https://docs.google.com/spreadsheets/d/e/2PACX-1vQqax-cS0HO8iECupffOlhQnarfMO4ry_ML1arn_4kif6Ykei-bs-LqUpmdWHXT1c13IVfVB-MednjO/pubhtml)

**Giant Squid raw data:** [Giant Squid Infrastructure Metrics - April, May, June](https://docs.google.com/spreadsheets/d/e/2PACX-1vSzBVpkSUqr9vof92Th7xdbQiHYpuqhnSLM1Rpa8P_ABwZzGYcNm3I7QTWKE5bw4lIZA3YtOATg55cV/pubhtml)

**Requested DOT:** 43995.35 DOT + 14258.31 DOT **\= 58253.66 DOT = $ 233,014.67**

**Previous proposals:** [https://polkadot.polkassembly.io/referenda/15](15)

### Motivation

**A) Archives**

Archives are an important piece of Polkadot and Kusama data infrastructure provided by Subsquid. They provide access to on-chain data in GraphQL format for all major parachains on Kusama and Polkadot, with more chains getting support as the ecosystem grows. They are being used as a data source for [Squids](https://app.subsquid.io/squids) and for efficient data exploration and ad-hoc queries. An up-to-date list of Archives is kept in a public [Archive Registry](https://github.com/subsquid/archive-registry/blob/main/archives.json).

The Archives, as performant data sources of historical on-chain data, are critical to the operation of backend APIs run by major projects in the Polkadot ecosystem (the list is not exhaustive):

-   Polkassembly
-   Talisman
-   RMRK
-   SubWallet (+ GiantSquid API)
-   KodaDot
-   Phala dApp
-   Subsocial + Polkaverse
-   Stellaswap
-   Beamswap
-   Polkascan (+ GiantSquid API)
-   Calamar (+ GiantSquid API)
-   Moonsama/Exosama
-   Reef
-   Manta Wallet
-   ZooDAO
-   Zenlink

All archives can be accessed and queried via an web intuitive GraphQL interface and are often used as developer friendly replacement of a block explorer.

For example, here’s a query for the last ten transfers on Kusama blockchain run against the [Kusama Archive endpoint](https://kusama.explorer.subsquid.io/graphql).

![](https://lh3.googleusercontent.com/u/0/docs/ADP-6oF28QRWrAQx4x6nJNPA_fSg4c73ukxfq-ATwlJOaeMkFcveUEN3abJyXlkg0M5tgxMSU9_hY00ovl7JB0PIaZV25wlpNy9QiYTah8HYt1QcfnmUiLPz61vWbAjWe6yEsIrl_dVS68yi_skDsIhpTHtk0NqWhZ2HakawVgzv13cB0Zz2GFF1uD4WduGKh1cT71w21kf8XhbV9NU8bYkYjJht4UPz5CEmrc-J8V-1g6zjdMK0TWcbRtZE469tyZurbsR6hrxtz3AgcT-yBnIaFSR1RjuDt9cU4ON1EuhAYFfbt_hxKS5eJAmkJnoRN9b98lm3z-ENAW4F4lGD4eaefmLjW0Ni96jVwyx2-0qpj_FCU8M4Jv-ADArSOogQU6E4WMjJ0IXO0G0wvqcpJritTjnVfaMg1BWVP4coevffowL396wjU7-php3xXPT1cYJHRi9hob4LQQUYXeBz_oGA2mcZ-VTw8fonH_Q5H3MWRqaaPttS618JzrkVaeEGScCMF9qJ5tMwBeMFQ9rcG9njN1frHKgaco97oSsZsSygw-OsuCAyBta90ZmHWeHo3ZJqtRNBdE33rEzJlBvlVo4uCVbMnjE_64s5bz2-OQczY8bEdjD6v7g4awrLXZXwx1zdRnHkc5TZsnG65LhbYXzLus-n-drRCSuk-67GihaJrMul5IoKRgHaUJekuQVaFNnL4YhKAGOotb7tvvNCLdDtpfnwZdg_bhGrALNf8b4hGBfJL1_cHPeTeKj2IrsCBVz1cm7EQp6fx5VTXD3oJnwLkx09vmauHqlftCgqfzYjSvL5E2yWRHI5NZa5igjdV9UNPUvj_LB4-NvVx_RCofmUNjC62qj8AUYJH8z7RhIvGmpvpdesVlFgFqlB-VMhPd8emdb6l1089w7jrc3bODqhQuNtEbM)

Over the seconf Quarter of 2023 we've provided a free public data indexing service for ~95 Substrate blockchains (some archives have been dismissed, new ones have been added), so that everyone interested in the projects can publicly access indexed data on Substrate Events, Extrinsics, Storage Items and EVM logs. Here are projects (parachains and mainnets aiming for future parachains slots) we currently support:

-   acala
-   agung
-   aleph-zero
-   aleph-zero-testnet
-   altair
-   amplitude
-   astar
-   astar-evm
-   bajun
-   basilisk
-   bifrost
-   bifrost-polkadot
-   bitcountry-pioneer
-   calamari
-   centrifuge
-   cere
-   clover
-   collectives
-   composable-finance
-   crab
-   crust
-   darwinia
-   debionetwork
-   dorafactory
-   efinity
-   elysium
-   elysium-testnet
-   equilibrium
-   exosama
-   foucoco
-   frequency
-   frequency-testnet
-   gear-testnet
-   gemini-2a-testnet
-   gmordie
-   hashed
-   heiko
-   hydradx
-   imbue
-   integritee-network
-   interlay
-   invarch-tinkernet
-   joystream
-   kabocha
-   karura
-   khala
-   kilt
-   kintsugi
-   kusama
-   kylin
-   litentry
-   litmus
-   mangata-x
-   manta
-   moonbase
-   moonbase-evm
-   moonbeam
-   moonbeam-evm
-   moonriver
-   moonriver-evm
-   origin-trail
-   pangolin
-   parallel
-   peaq
-   pendulum
-   phala
-   picasso
-   pichiu
-   polkadex
-   polkadot
-   polymesh
-   reef
-   reef-testnet
-   robonomics
-   rococo
-   shibuya
-   shiden
-   snow
-   soonsocial
-   sora
-   sora-testnet
-   statemine
-   statemint
-   subsocial
-   t0rn
-   tanganika
-   ternoa
-   tidechain
-   turing
-   vara
-   westend-collectives
-   xsocial
-   xx-network
-   zeitgeist

**B) Giant Squid** Giant Squid is a set of open-source GraphQL APIs built with Squid SDK and maintained by Subsquid Labs. The APIs cover the most commonly used data for Pokadot, Kusama and a growing list of major parachains and is used by explorers (such as [Calamar](https://calamar.app/) and [Polkascan](https://explorer.polkascan.io/)) and wallets (e.g. [SubWallet](https://www.subwallet.app/)).

The Giant Squid currently consists of two families of endpoints outlined below. The API endpoints for each network and the current status are available at the [Status page](https://docs.subsquid.io/giant-squid-api/statuses/).

**Explorer API. The endpoint URLs follow the convention [https://squid.subsquid.io/gs-explorer-${network}/graphql.](https://squid.subsquid.io/gs-explorer-${network}/graphql.) Support queries on:**

-   Blocks
-   Events
-   Extrinsics
-   Calls

**Statistics API. The endpoint URLs follow the convention [https://squid.subsquid.io/gs-stats-${network}/graphql.](https://squid.subsquid.io/gs-stats-${network}/graphql.) Support queries on:**

-   Validator/Collator data
-   Account balances
-   Staking statistics
-   Nomination pools statistics
-   Transfers statistics
-   Extrinsic statistics

### Achievements

-   Subsquid Network in private testnet
-   Powering ≈ 550 live projects in Q1 2023 ( ≈ 650 as of August 2023) including substrate and evm
-   Archive requests increased by 6.5x (from ~160 million to ~1.05 billion)
-   Arrow Squid release: The main feature introduced by the ArrowSquid update is the new ability of the processor to ingest unfinalized blocks directly from a network node, instead of waiting for the archive to ingest and serve it first. The processor can now handle forks and rewrite the contents of its database if it happens to have indexed orphaned blocks. This allows Subsquid-based APIs to become near real-time and respond to the on-chain activity with subsecond latency.Another major feature introduced by ArrowSquid is the support for transaction execution receipts, traces and state diffs.

### Statistics and data

![](https://lh4.googleusercontent.com/gifFP-DbmhdP_A-8mJ9wnLpL5BhMSEPFZcskNZVswYTSDNcbYF5eKEBBq4soKcb70-HDxbbYi4gZOrsUUEjA5SSEtXVcELRIMq_Rj74y76zmzr5y9JKse0KtSX-0vCMdoXJwrTiSeQhoJaXlOHfFPCM)

![](https://lh3.googleusercontent.com/dUxinCvs3irjanC5b16Out7ZPF_YHl53oVSLDMDAQn_w3qP2m5mzdPxvYJRMn4qF73IhlsJypK5vMGDiwy2njv21ktJRr1OunRyfEkobURM2dx7HsclaKBkKgRutiZHdAhkk_SbwnyB62qMwUVqjtRk)

**Over the course of Q2 2023:**

Over the course of Q2 2023: Served a total of 1,048,730,936 (~1 billion) queries to the substrate based archives. The highest daily total responses have been 13.6m in a single 24 hour period for substrate. The daily queries confirm a growing trend.

Giant Squid is a service we introduced in Q1 2023, and has been launched in mid-January, here are two charts showing its quick adoption by the community, as an index of its success:

![](https://lh3.googleusercontent.com/cziWhB9mPDdGxzn3f1lTxQunm-tHifzRttcXBbwQXBVKpDVwa2qiAZu1nL-tnPxgwbID98QNrz1unkL0lqI3E3HwqQPQyAZK2qwbStK-01RsKczomSv__f6-0aVEp8bK8Z5fJE1yCr7yDhusbD-vjl0)

![](https://lh4.googleusercontent.com/SY8LpEMYcJO99eGJzX0myyqUivNa2V6Q5cQDazv1u0Ml4Ysy9iYPL-U3dh7qlb2Zk0yt5qRDFqPeqDBxhrjoUV1g9hdXATyDyhiucIV7RxR-ZGQvzQTB7s72QWskrOhNrVOFFWBNQZwBFmflRHk2Smo)

### Costing

This proposal includes the combined costs for running Giant Squid and Archives for Polkadot, Kusama and their Parachains,which amounts to a total of **58253.66 DOT**. Raw data for Archives can be seen [here.](https://docs.google.com/spreadsheets/d/e/2PACX-1vQqax-cS0HO8iECupffOlhQnarfMO4ry_ML1arn_4kif6Ykei-bs-LqUpmdWHXT1c13IVfVB-MednjO/pubhtml) Raw data for Giant Squid can be seen [here](https://docs.google.com/spreadsheets/d/e/2PACX-1vSzBVpkSUqr9vof92Th7xdbQiHYpuqhnSLM1Rpa8P_ABwZzGYcNm3I7QTWKE5bw4lIZA3YtOATg55cV/pubhtml).

The proposal is submitted towards the Polkadot treasury. Here is a summary of the running costs for Archives, in a tabular format:

![](https://lh4.googleusercontent.com/0W89VtHm9oPhU-MYCztyFb2jZJm80bKnQIhUz6VGZ7yW5iukf_92fnVQ6q7gxoESKl49xvFYd43IknvvqN_Lyqm544pprHGmwrZKYt3HiTOYS5bWnloW9290lVzjl6DUr_Q56NuZmPzpblKE-tGSr3Q)

Giant Squid running costs:

![](https://lh4.googleusercontent.com/Vbg9RdfW_V1EiKWmzQ5k9Tl8HbGHGvIlWOKbEzON8lRVPG0a59ejiW2W8JlkK7UOzzk0klZYTCZikGfJiCWMQoTFi9XYPevHDwLZO6N9BhQBz7p02LqbFOckvlNoqvFW-UGDw9YgGLOhZZHucllPfAQ)

You can read the full report [here](https://docs.google.com/document/d/e/2PACX-1vRJlrLGnUVlaXnMBUGbbD450pOcockxe5Ld5jhfM1fo-K8Pxt4jE6FuHSy_nOKXRyyR_W81r_x6b1PX/pub).

WHO: Subsquid Lab Official
WHAT: Development and maintenance costs for public Subsquid Archives and the Giant Squid API
PRICE/TIMEFRAME/RESOURCES: 58253.66 DOT = $233,014.67

Subsquid - Public data indexing Infrastructure for Polkadot and Kusama (Q2 2023)

Hello Polkadot friends! We are Verbo da Sabedoria, a Brazilian channel that creates educational content for Portuguese speakers. We have noticed unusual activity on our YouTube account and have decided to pause our proposal for now. We will continue making videos about Polkadot and educating the community. We are committed to fostering the Portuguese-speaking community and being a reference on Polkadot in Brazil.

We request retroactive funding for 4 videos we produced about news from the Polkadot ecosystem. We will request funds every 4 videos, keeping delivery our top priority. Our team consists of John Rhodel (Parachainboy), Carlos Sawaki (CJ), and Gabriel Bonugli (Gabekoin). We have a strong presence on social media, with over 3,500 followers on YouTube and a large community on Telegram.

Brazil is an important player in the global economy and has a significant number of cryptocurrency investors. We believe that our content can help educate and inform the Portuguese-speaking community about Polkadot and blockchain technology.

Please vote "NAY" on referendum 144 as we pause our proposal. Thank you for your support!

small_tipper

**Updated Situation:**

**![](https://i.ibb.co/8042Wg8/NAY.png)**

Hello @Polkadot friends VOTE NAY to referendum 144, we are currently going to pause the proposal, we noticed an unusual activity on our account regarding comments on YouTube videos, so we spoke to the marketing agency that does our external marketing (We only create the content, the person responsible for marketing who manages the page) and the activities carried out on the account were questioned

(Our statistics regarding views and likes are correct, however we noticed that the comments do not match the content!)

. We were informed that paid promotions (ads) were carried out for the respective pages and videos, but we noticed that there were comments that did not match our content. In this way, making it part of something we do not agree with. The quality of our content and the educational way we deal with the community does not change, however, as we do not support activities such as those highlighted, we chose to suspend the respective proposal. We will continue making videos about Polkadot, educating the community and bringing the best content as we always do. We will take all reasonable steps to identify the source of activities we do not recognize and remedy them. Our actions:

1- We will cancel the agency’s marketing service provision 2-We will suspend the promotion through paid promotions (ads) 3-We will pause the proposal to align with the correct and honest standards of the Polkadot community

We reaffirm our commitment and objective to foster the Portuguese-speaking community and continue to be the reference on @Polkadot in Brazil

Honestly VDS TEAM

**![](https://i.ibb.co/c8Lgkq6/Tips-01-Cover.png)**

**Short description:**

We are a Brazilian channel (Verbo da Sabedoria) that brings educational content to the Portuguese speaking community (Brazil, Portugal, Angola, Cape Verde, Guinea-Bissau and Mozambique) through videos, articles and also dubbing. The team consists of John Rhodel (Parachainboy), Carlos Sawaki (CJ) and Gabriel Bonugli (Gabekoin), We request retroactive funding for 4 videos produced about news from the Polkadot ecosystem. We'll request funds every 4 videos. Thus always keeping the delivery in the first place and ordering after reaching the goals.

**Our Links:**

Twitter: [https://twitter.com/vdscripto](https://twitter.com/vdscripto)  
Youtube: [https://www.youtube.com/@vdscripto](https://www.youtube.com/@vdscripto)  
Medium: [https://medium.com/@verbodasabedoria](https://medium.com/@verbodasabedoria)  
Telegram: [https://t.me/verbodasabedoria](https://t.me/verbodasabedoria)

**Why portuguese speakers and Brazil?**

Brazil has stood as one of the world's leading economies, and in 2022, the country's Gross Domestic Product (GDP) amounted to a staggering BRL 9.9 trillion. This figure reflects the sum of all wealth produced within Brazilian territory during that year, underscoring Brazil's importance on the global economic stage.

Looking at the latest data, we can see that in the first quarter of 2023, Brazil's GDP reached BRL 2,556.5 billion. This suggests that the Brazilian economy maintained a strong and steady pace of growth, which is a positive sign for the future.

![](https://i.ibb.co/18y8vd5/Tips-01-BR.png)

**Brazil and Crypto:**

According to new data released by the Federal Revenue Service, Brazil now has almost 10 million cryptocurrency investors, the highest number since the agency began receiving declarations of digital assets from individuals and brokers based in the country.

In the report for the month of April, the Revenue registered 1,996,165 CPFs (Brazilian individual taxpayer registry identification) involved in crypto transactions, 19.2% more than in March. The number of CNPJs (National Registry of Legal Entities) also increased: for the first time, it surpassed 65,000.

The growth occurred amid a broad recovery of Bitcoin in the first months of the year. Now, the digital currency rose strongly and briefly reached $30,000, almost a 100% increase compared to its worst moment in 2022, in November..

Brazil, the largest and most populated country in Latin America, has emerged as a significant player in digital and financial technology, fueled by its young median age of 32 and high mobile and internet usage rates. The country boasts around 212 million inhabitants and is ranked fifth globally in terms of cryptocurrency ownership.Brazil is the fifth largest cryptocurrency market on the planet, behind only India, USA, Russia and Nigeria, as shown by the study carried out by Binance and TripleA. Currently, more than 10 million Brazilians invest in assets, already surpassing the approximately 4 million Brazilian investors in B3 (like nasdaq and sp500 for brazilians).

![](https://i.ibb.co/8ghySDf/Tips-01-BR-02.png)

**Context of the proposal:**

Retroactive funding for 4 videos made between the periods of July 26th to August 19th, 2023, the amount requested for this small tip would be 250 DOT for the 4 videos, every 4 videos we intend to bring a retroactive request for delivery , with statistical and informative data.

1 - [https://youtu.be/PEc2VihI4iM?si=voIrQOVR5W\_PIBzn](https://youtu.be/PEc2VihI4iM?si=voIrQOVR5W_PIBzn) - Teddy Dao e Caridade  
2 - [https://youtu.be/acz78cCpNDM?si=TML43vrKKyvsqUnt](https://youtu.be/acz78cCpNDM?si=TML43vrKKyvsqUnt) - Golpes x Polkadot  
3 - [https://youtu.be/dOO0bkvdhKY?si=i\_SJtypOMo5DbhzF](https://youtu.be/dOO0bkvdhKY?si=i_SJtypOMo5DbhzF) - Blockchain Academy  
4 - [https://youtu.be/CxMPEUKDSvA?si=Yxhy0x4sCPMcpm4V](https://youtu.be/CxMPEUKDSvA?si=Yxhy0x4sCPMcpm4V) - Onde encontrar as melhores infos?

**![](https://i.ibb.co/tBdHtQB/Tips-01-Videos.png)**

**You can check the entire detailed proposal here:**

[https://docs.google.com/document/d/1LvZysX0dI0AfHi1ZROtfb0m6UAkHVLbCf6GefEbpDLc/edit?usp=sharing](https://docs.google.com/document/d/1LvZysX0dI0AfHi1ZROtfb0m6UAkHVLbCf6GefEbpDLc/edit?usp=sharing)

**Metrics and statistics Youtube (26 July - 19 August):**

**Followers (3,56 K):**

![](https://i.ibb.co/ZcCM2sC/vds-cripto.jpg)

**Statistics videos Views + Hours:  
\*Subtitles:  
Visualizações = Views  
Tempo de exibição(horas) = Display time (hours)**

![](https://i.ibb.co/z503c0d/videos.jpg)

**Views Country Target top 5:**

![](https://i.ibb.co/10nDSNX/views.jpg)

**Views Followers/Not Followers:**

**\*Subtitles:**  
**Não inscrito = not subscribed**  
**Inscrito = subscribed**

![](https://i.ibb.co/4sSdgb4/inscritos-e-nao-inscritos.jpg)

**Where Subscribers Come From:  
**

**\*Subtitles:**  
**Pagina de exibição do youtube = youtube watch page**  
**Feed dos shorts = shorts feed**  
**Seu canal do youtube=your youtube channel**

![](https://i.ibb.co/4V7hFgj/de-onde-vem-os-inscritos.jpg)

**Age range of viewers:**

![](https://i.ibb.co/hCtzsrR/Idade-Audiencia-porcentagem.jpg)

**Gender:  
\*Subtitles:  
Feminino = Female  
Masculino = Male**

![](https://i.ibb.co/C9xB4RN/genero.jpg)

**Devices:  
\*Subtitles:  
Computador = PC or notebook  
Dispositivel móvel = Mobile  
Tablet = Tablet  
TV = TV**

![](https://i.ibb.co/7XjLW8N/Dispositivos.jpg)

**We have a strong community in telegram too more 200 msngs day:**

![](https://i.ibb.co/s6d0gBK/Com-verbo.jpg)

**Twitter:**

![](https://i.ibb.co/CnFv0Cz/twitter-verbo.jpg)

**About US:**

**Our Portfolio:**

[https://docs.google.com/spreadsheets/d/186R9xgXZbGvsKT1\_GYgR4ir1lc7Dnr\_JnCdI3nbgeUE/edit?usp=sharing](https://docs.google.com/spreadsheets/d/186R9xgXZbGvsKT1_GYgR4ir1lc7Dnr_JnCdI3nbgeUE/edit?usp=sharing) - This portfolio got funded by Wagmedia

**![](https://i.ibb.co/DQV6LvL/johnrhodelbartolome.jpg)**

**John Rhodel Bartolome** - AKA "Parachainboy" - Founder Verbo da Sabedoria, Polkadot Senior Ambassador for Brazil, Ambassador of parachains such as: Phala, Oak, Bifrost, Moonbeam, Integritee, Nodle, Crust and Aleph Zero, Content creator, rookie member Polkadot Heroes, director of the Filipino unit at Wagmedia, software engineer, and also with experience producing Polkadot events in Brazil, Blockchain SP, View Party Decoded Curitiba and Blockchain Rio.

![](https://i.ibb.co/0j8xHkX/p-VMwct4v-400x400.jpg)

**Gabriel Bonugli** - AKA "Gabekoin" - Polkadot/Kusama Senior Ambassador / Ambassador: Phala, OAK and Polimec also have been contributing as Community Manager, Content Creator, Writer, Translator, member of Kusamigos, marketing specialist and also with experience producing Polkadot events in Brazil, View Party Decoded Curitiba and Blockchain Rio.

![](https://i.ibb.co/kB95MpD/Cejota.jpg)

**Carlos Sawaki (CJ)** - I've been studying the markets for 5 years and crypto for almost 3, with some courses also taken in the area. With the great changes taking place in the world, the interest in blockchain technology ended up becoming the current focus in my professional development, having recently joined the team of content creators at WAG Media, Equilibrium and Polimec (Ambassadors Programs on Polkadot Ecosystem) and started an experimental channel on Youtube called Medo de Ficar de Fora (which is the translation of Fear of Missing Out in portuguese), also a contributor to the Youtube channel Verbo da Sabedoria and The Kusamarian.

**How can we contact the manager of the funds?** 

If you have any doubts, please contact us, we are open to suggestions, thank you very much.

Name: John Rhodel Bartolome  
Email: [johnrhodelbartolome@gmail.com](mailto:johnrhodelbartolome@gmail.com)  
Telegram: @parachainboy  
Discord: johnrhodel#8162

Name: Gabriel Bonugli  
Email: [gabrielbonuglii@gmail.com](mailto:gabrielbonuglii@gmail.com)  
Telegram: @gabekoin  
Discord: gabekoin

Name: Carlos Sawaki  
Email: [carlosawaki@gmail.com](mailto:carlosawaki@gmail.com)  
Telegram: @carlosawaki  
Discord: cejota

Verbo da Sabedoria, a Brazilian channel, requests retroactive funding of 250 DOT for 4 educational videos produced about the Polkadot ecosystem. They will request funds every 4 videos. The team consists of John Rhodel (Parachainboy), Carlos Sawaki (CJ), and Gabriel Bonugli (Gabekoin). They aim to foster the Portuguese-speaking community and be the reference on Polkadot in Brazil. The proposal has been paused due to unusual activity on their account regarding comments on YouTube videos.

Small Tips retroactive for Content in Portuguese UPDATED (Vote Nay - if you set AYE Change your vote to NAY)

- A thank you message to the community for help with closing and refunding deposits.
- Refers to an early treasury proposal (Governance 1.0) that was experimental.
- The group provided content and got support through tips for their videos.
- They believe it's fair to refund deposits like they’ve done for others.
- The proposal requests a refund of 100 DOT to Alex PromoTeam for an original proposal.
- A link is provided to find the rejected proposal. 
- The message expresses gratitude for the community's support.

WHO: Alex PromoTeam 
WHAT: Refund of 100 DOT for a rejected governance proposal 
PRICE/TIMEFRAME/RESOURCES: 100 DOT, not specified timeframe or resources

Refunding AlexPromoTeam GOV1 Treasury Spend Deposit

### Summary of PVF Execution Memory Limit Proposal

- **Current Limit**: PVF execution has a memory limit of 128MB, same as Cumulus.
- **Issue**: Parachain validators need more memory than collators to load state proofs.
- **Proposed Solution**: Increase the memory limit to 512MB.
- **Previous Success**: A similar proposal was successfully executed on Kusama.
- **Fellowship Vote**: Fellowship will vote to whitelist this proposal.
- **Call Data**: 0x332e040100200000
- **Call Hash**: 0x1c356149b664ec3f7d89eeb56a3469bd5f468ae7fafa2b13f2423618db6c922e

whitelisted_caller

WHO: The proposal does not mention a specific organization or individual.
WHAT: Increase the memory limit for PVF execution to 512MB.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Increase MaxMemoryPages to 512MB

This proposal aims to help teams in the Polkadot ecosystem by making their hiring process more efficient and effective. The goal is to save time and resources by providing guidance, workshops, and access to a hiring platform. The funds will be used to help find at least 7 talented people for key positions in Polkadot teams. Each team will get support with hiring best practices, a web3 Application Tracking System, and at least one high-quality hire. The proposal has been well-received at Polkadot Decoded 2023, an important event for the Polkadot community. The request for treasury funds is considered an investment in the future of the ecosystem, and the benefits are expected to last beyond the initial expenditure. The proposers are looking forward to feedback and working with more teams in the Polkadot ecosystem.

# Introduction

[READ THE FULL PROPOSAL HERE](https://docs.google.com/document/d/14Jx1spXTv79X_cT2ABooj6mkGd5uAoNEHt4lGQ4UknM/edit#heading=h.v6is2ta0txr1)

[Attempts At Governance - Interview](https://www.youtube.com/live/KUP7k5GzuE4?si=XyD413ti_XrcdN9J&t=4724)

Talent Acquisition takes a significant amount of time, resources and mental capacity from teams that should rather spend their time building. The effects of a bad hire are long lasting and can add an additional burden to teams. We propose to solve this issue by guiding teams through a streamlined, optimized hiring process and multiple workshops to demonstrate best practices, fill the talent pipeline, provide access to our hiring platform and add up to 7 high-quality hires into the ecosystem. 

Funds from the treasury will cover the service of sourcing, interviewing, strategizing, and placing at least 7 talent positions in key Polkadot ecosystem teams. 

What each participating team gets:

-   Consulting and support on hiring best practices, setting up best-in-class job profiles, interview processes, professional outreach and improving long-term team building strategies.
-   Free access to TrufflePig, a web3 Application Tracking System
-   Growing the Polkadot talent base by funneling talent into the ecosystem
-   At least 1 hire using Missing Link’s guidance and expertise

Each team will benefit from:

-   A success-oriented long-term hiring strategy
-   Generating less monetary and cultural waste by avoiding bad hires
-   Boosting their output with experienced talent
-   Saving time by utilizing Missing Link’s highly personalized sourcing, screening and pre-interview process

## A part of the Polkadot Ecosystem

Our journey in the Web3 space has been enriched by years of collaboration and partnership with prominent players in the Polkadot ecosystem. As a trusted ally to organizations like Parity, Web3 Foundation, and others, we have placed top-tier talent in key positions, contributing to their groundbreaking achievements. Our engagement with these projects has granted us deep insights into the unique requirements and dynamics of the ecosystem. We have honed our expertise in identifying talent that complements the values and objectives of the Polkadot community, laying the foundation for future success.

## Polkadot Decoded 2023: A Catalyst for Collaboration

In June 2023, we had the privilege of attending Polkadot Decoded, an event that served as a melting pot of leading minds in Polkadot. There, we engaged in many conversations with dozens of forward-thinking teams seeking to elevate their projects to new heights. We understood that hiring is an ongoing pain point that needs a holistic solution. Our approach of guiding companies through a hiring process, thereby teaching them best-practices along the way received overwhelming interest and support. Many teams agree with us that it would solve a problem that could unlock future growth and ensure success of the ecosystem as a whole.

## Building a Sustainable Future with Treasury Funds

Our funding request of only **1.6 Treasury Income Days Spent** to the Polkadot treasury is an investment in the future of the ecosystem. While we seek support upfront to initiate our talent placement program, we understand the gravity of handling treasury funds with utmost responsibility and respect. Our well-established reputation in the industry speaks for itself, backed by a history of nurturing Web3 adoption since 2017. 

## Return on Investment

Each participating team would be set up for long-term hiring success, with an actionable pipeline of candidates and best practices implemented plus the commitment to at least one hire per project. The goal is that after our engagement the hiring speed and quality will be increased and there will be less of a need for external support and resources in the future. 

**We strongly believe that the gains generated by this proposal will not only surpass but endure well beyond the immediate treasury expenditure.**

We are looking forward to hearing the community’s feedback on our proposal and working with many more teams in the Polkadot ecosystem.

[READ THE FULL PROPOSAL HERE](https://docs.google.com/document/d/14Jx1spXTv79X_cT2ABooj6mkGd5uAoNEHt4lGQ4UknM/edit#heading=h.v6is2ta0txr1)

Missing Link proposes to guide Polkadot ecosystem teams through a streamlined hiring process, providing access to their hiring platform, and adding up to 7 high-quality hires. The service will be covered by funds from the treasury, costing 1.6 Treasury Income Days Spent. Each participating team will receive consulting and support on hiring best practices, access to TrufflePig, and at least 1 hire using Missing Link's guidance and expertise. The proposal aims to generate long-term hiring success, less monetary and cultural waste, and boost output with experienced talent.

Increasing Hiring Success in Polkadot by Missing Link

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

Interlay proposes a bounty program to fund the fiat on-ramp service for 20 parachains and the onramp integration for Asset Hub in the Polkadot ecosystem. The proposal includes 15 assets on 14 parachains, with a total cost of 326,040 USD. The integration of Banxa's fiat onramp service with the Polkadot Asset Hub is a highlight.

(VOTE NAY!!) Polkadot Parachain Assets Onramp Bounty Program 

Moonbeam's lease on the Polkadot network is set to expire in October 2023. To extend the lease through June 2025, a "swap" of lease periods is needed. The Moonbeam Foundation has secured a new parachain slot for lease periods 13 through 20, which is currently occupied by "Moonelement," a dummy parachain created by Moonbeam. To swap leases between Moonbeam and Moonelement, both parachains must authorize the swap. Moonbeam's referendum is expected to confirm this swap, but a misconfiguration in Moonelement's genesis head prevents it from starting. Therefore, the Moonbeam Foundation has created Polkadot OpenGov Referendum 139 to execute the swap on behalf of Moonelement. Once the swap is complete, Moonbeam will continue to operate without interruption for the full lease period.

root

**Abstract**

Moonbeam’s current lease period on the Polkadot network will expire in October 2023. In June 2023, the Moonbeam Foundation successfully secured a new parachain slot on Polkadot covering lease periods 13 through 20.

**This proposal is a necessary step to extending Moonbeam’s Polkadot lease period through June 2025 by executing a “swap” of lease periods.**

If the swap is not completed before October 2023, Moonbeam will not occupy an active parachain slot and would stop producing blocks.

**Details**

The lease for periods 13 through 20 is currently occupied by “Moonelement” with parachain ID 3342, a dummy parachain runtime created by the Moonbeam team.

In order to complete a lease swap between Moonbeam (parachain 2004) and Moonelement (parachain 3342), a “handshake” must be completed whereby both parachains authorize the lease swap.

From the Moonbeam side, [Moonbeam OpenGov Referendum 11](https://forum.moonbeam.network/t/proposal-mb11-proposal-to-swap-lease-slots-with-parachain-id-3342/1165/) is expected to be confirmed in approximately 1 day (September 6, 2023). The passage of this referendum will cause an XCM message to be sent to the Polkadot relay chain calling the registrar.swap extrinsic. This extrinsic will authorize the swap from the Moonbeam side.

To complete the “swap” process, a similar swap authorization will be required to be made on behalf of the Moonelement parachain (ID 3342). The Moonbeam team had planned to start the Moonelement parachain and initiate a similar XCM message to be sent to the relay chain.

Unfortunately, there was a misconfiguration in the genesis head that was submitted along with the WASM when the parachain was initially registered. The Moonbeam technical team has determined that starting Moonelement will not be possible.

For this reason, the Moonbeam Foundation has created Polkadot OpenGov Referendum 139 which, when passed, will execute the registrar.swap extrinsic on behalf of the Moonelement parachain.

Using “Chopsticks”, the Moonbeam team has verified that the parachains will successfully swap leases once both the Moonbeam and Polkadot governance motions are passed and executed.

Once the parachains swap leases, the Moonbeam Network will be able to continue operation without interruption for the remainder of the full lease period (approximately 96 weeks from August 1, 2023).

**Links**

-   [Parachain Lease Extension (Polkadot Wiki)](https://wiki.polkadot.network/docs/learn-auction#parachain-lease-extension)
-   [Successful Auction Bid Announcement](https://moonbeam.foundation/news/moonbeam-new-parachain-slot-lease/)

Moonbeam proposes to extend its lease period on Polkadot network through June 2025 by executing a "swap" of lease periods with Moonelement. Moonbeam has created a referendum to authorize the swap from its side, and another referendum (Polkadot OpenGov Referendum 139) will execute the swap on behalf of Moonelement. The proposal needs to be completed before October 2023, and once the parachains swap leases, the Moonbeam Network will be able to continue operation without interruption for the remainder of the full lease period (approximately 96 weeks from August 1, 2023).

Moonbeam: Swap Leases with Parachain 3342

OnFinality is a SaaS platform that provides infrastructure services for the Polkadot/Substrate community. They aim to support blockchain developers by providing core infrastructure so they can focus on building decentralized applications (dApps). OnFinality has requested $54,862 to cover ongoing and advanced costs for running high-performance, scalable, and reliable public infrastructure for Polkadot, Statemint, Collectives, Westend, Encointer, Bridgehub Polkadot, and Bridgehub Westend in Q3 (July, August, September).

Public RPC services are important for the Polkadot ecosystem as they reduce barriers to entry for accessing high-performance nodes and allow development teams to focus on innovation. OnFinality provides free public API services for Polkadot, Statemint, Westend, Collectives, and Encointer, and has recently added Bridgehub Polkadot and Bridgehub Westend.

OnFinality focuses on three key areas: performance/reliability, providing more value from their Ultimate API service, and cost optimization. They strive for a minimum of 99.99% reliability, offer advanced features like geolocation insights and Trace API support, and have added support for 14 more Polkadot parachains and various other networks. They also provide advanced rate limiting controls and a 'Paid API Revenue Share Discount' scheme to support service sustainability.

In the last three months, OnFinality's Polkadot API service has served a total of 2.7 billion responses, with a rolling 7-day average of over 21 million responses per day. The 90-day uptime for Polkadot, Statemint, Westend, Encointer, and Collectives was 100%, 100%, 99.66%, 99.99%, and 99.99%, respectively. The total combined running cost for Q3 is $54,862, which is less than requested in Q2 due to ongoing cost optimization efforts.

**Proposer:** [OnFinality](https://onfinality.io/) is a SaaS platform providing infrastructure services for the Polkadot/Substrate community. Our mission is to support all blockchain developers in the world by providing core infrastructure so they can focus on building the next dApp. 

**Proponent:** 12mRyiCp9zdh1wEVW5gLLiFBxDPKks72rRXmSupyEK3VAMLf

**Date:** 31 August 2023

Requested: USD $54,862.00 (DOT 12,153.7439)

**Short description:** Ongoing & advanced costs for the running of high performance, scalable, and reliable public infrastructure in Q3 (July, August, September) for Polkadot, Statemint, Collectives, Westend, Encointer, Bridgehub Polkadot and Bridgehub Westend. 

**Full Report:** [Polkadot Q3 2023 Full Treasury Report](https://docs.google.com/document/d/1Gml3w_sHxiE-XEM4oQv-lGG0Erf6NubPqkCVyRZRSmM/edit?usp=sharing)

**Raw Data:** [Polkadot Data Q3 2023](https://docs.google.com/spreadsheets/d/1x3AT2v21PUlDCYlL495gvDNxBxIgVhoRqiOhSRVqjNs/edit#gid=745398439)

---

# Why are Public RPC Services Needed in Polkadot

RPC services are critical to growing the Polkadot ecosystem by reducing the barriers to entry to access high performance nodes, and to allow development teams to focus on innovation rather than running infrastructure. Without them innovation may slow in Polkadot, as developers incur real costs to find and secure access to scalable and reliable public endpoints.

Wallets, indexers, governance tools, and other applications that we take for granted rely on these free public endpoints to power their applications, and without a diverse set of RPC providers, the Polkadot community will become more centralised and at risk of outages.

# OnFinality's RPC Service

As Polkadot's largest and most cost efficient infrastructure provider, we provide scalable free public API services for Polkadot, Statemint, Westend, Collectives, Encointer and have recently added Bridgehub Polkadot and Bridgehub Westend

Since our inception in November 2020 we have a long track record focussing on three key areas; performance/reliability, providing more value from our Ultimate API service, and cost optimisation.

### Performance/Reliability

OnFinality is operationally striving for a minimum of 99.99% reliability, which means less than an hour of downtime each year. We are the only RPC provider to guarantee this with actual financial penalties (see appendix A). We proudly display and share our [90 day uptime statistics](https://status.onfinality.io/) for each network publicly [here](https://status.onfinality.io/uptime/r40wwpclbwzm).

We have invested hugely into a team dedicated to optimising our application gateway and caching layer to ensure that we provide the fastest possible service for our customers. We run clusters in 5 different regions (North Virginia, Frankfurt, Tokyo, Singapore, and Australia) and across 4 different cloud providers (AWS, GCP, Alicloud, and our own dedicated hardware) to ensure that we are fault tolerant to any single region or cloud provider ceasing service.

### Providing more value from our Ultimate API service

For customers that do sign up for API keys, we've been adding more and more features to provide a better experience. [Geolocation insights](https://blog.onfinality.io/onfinality-adds-geolocation-insights-for-dapps-and-api-apps/) provide statistics about where in the world communities are to help influence decisions around where to expand infrastructure and to view the effectiveness of regional BD initiatives.

OnFinality is the only provider with [Trace API](https://blog.onfinality.io/onfinality-launches-trace-api-for-unprecedented-visibility-into-your-dapps/) support, a huge and essential enhancement allowing unprecedented visibility for dApp builders. Trace API captures and records vital information otherwise not available through regular RPC methods and extrinsics (such as complete XCM transfer records and complete list of balance changes). These APIs are essential in order for [developers like Polkaholic](https://blog.onfinality.io/onfinalitys-new-trace-api-helping-colorful-notion-get-trace-data-from-over-40-substrate-chains/) and Parity's data team to parse and understand XCM transactions.

We've recently added support for 14 more Polkadot parachains as well as Osmosis, Evmos, Harmony, Arbitrum, Optimism, Fuse, DFK Chain, Celo, and Klaytn from outside the ecosystem. With over 100 supported networks, OnFinality is now the largest RPC provider worldwide (in terms of networks supported), and our ongoing expansion helps to bring more and more developers  into the Polkadot ecosystem.

### Cost Optimisation

OnFinality is very conscious about providing a strong level of support for Polkadot/Kusama at an extremely competitive price. In Q2 as we had the lowest cost per million responses across all of the major RPC providers that lodged a proposal to the Polkadot treasury ([source](https://docs.google.com/spreadsheets/d/1Utw2HfS7I5Gpyhrl9ejuj0CrQ4AcChGFteXdw0a8tro/edit#gid=0)).

Cost saving measurement has been a significant focus on behalf of our customers, with advanced rate limiting controls implemented. We can, for example, rate limit each client on a burst and sustained basis and based on the request methods that they are calling (e.g. each state_traceBlock request is rate limited 45x more than chain_getBlock), [read more about these advanced rate limiting tools that we've developed here](https://documentation.onfinality.io/support/public-rate-limits).

We continue to provide generous public API endpoints for over 40 different networks for common-good applications, while restricting access to high volume users that abuse the free service funded by this treasury.

We've [developed and shared our approach towards service sustainability](1270), with the introduction of a 'Paid API Revenue Share Discount' scheme. In this scheme OnFinality pools the revenue from customers that pay for higher API pricing plans and distributes this revenue pool to partners that currently pay for and own each API endpoint proportionally based on the number of paid API requests that go to that API endpoint. The scheme was introduced in Q1 of 2023 and recently resulted in a discount to [Polkadot's Q2 treasury proposal](82) of $1,364.38. The discount for Q3 will be calculated at the end of the quarter and applied to the Q4 treasury proposal.

# Service Details

In the last 3 months (2023-05-01 and 2023-07-31) our Polkadot API service has:

-   Served a total of 2.7 billion (2,678,938,975) responses
    
-   Accumulated over 41400 GB of data egress 
    
-   The highest daily total was 66  million responses in a single 24 hour period for Polkadot only
    
-   Our rolling 7 day average at the end of this period was over 21 million responses each day
    
-   Westend had over 207 million API responses in the period
    
-   Statemint had almost 80 million API responses in the period
    
-   Encointer  had over 32 million API responses in the period
    
-   Collectives had over 50  million API responses in the period
    
-   All time totals for Polkadot is 101,260,668,321 (101 Billion) since November, 2020
    

At the end of this period the 90 day uptime for Polkadot, Statemint, Westend, Encointer and Collectives was 100%, 100%, 99.66%, 99.99%, 99.99% respectively. You can always see live data of our API service on our public [status page](https://status.onfinality.io/).

# Costings

We are using a fixed price to allow us to bill in advance and to simplify the administration of this proposal, as well as provide cost clarity to both parties. This proposal includes combined running costs for our infrastructure for Polkadot, Statemint, Westend, Encointer and Collectives for all of Q3 plus Bridgehub Polkadot and Bridgehub Encointer for August and September.  
  
**The total combined running cost is USD $54,862.00 — thanks to our ongoing cost optimisation efforts, this is considerably less than requested in Q2.**

**For breakdown of costings and more detail, read the full report here:** [https://docs.google.com/document/d/1Gml3w\_sHxiE-XEM4oQv-lGG0Erf6NubPqkCVyRZRSmM/edit?usp=sharing](https://docs.google.com/document/d/1Gml3w_sHxiE-XEM4oQv-lGG0Erf6NubPqkCVyRZRSmM/edit?usp=sharing)

OnFinality requests USD $54,862.00 (DOT 12,153.7439) for Q3 2023 to cover ongoing costs for running high performance, scalable, and reliable public infrastructure for Polkadot, Statemint, Collectives, Westend, Encointer, Bridgehub Polkadot, and Bridgehub Westend. They provide RPC services with a focus on performance/reliability, providing more value from their Ultimate API service, and cost optimization.

OnFinality High Performance Public Infrastructure (Q3 2023)

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

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

**Hey Builders!**

### [Full Proposal](https://docs.google.com/document/d/1Xn87R0VWuB4i3Txxxw-zwaILrk-WV6TSKnZycuLG5MA/edit?usp=sharing)

**This proposal represents a strategic opportunity to collaborate with Astar Network, AlephZero, and Phala Network on ink! tooling.**

We are excited to submit our proposal to the Polkadot Treasury for the development of Swanky, a comprehensive developer tooling solution designed to facilitate and streamline ink! (Rust) smart contract development within the Polkadot and Kusama ecosystems. Drink! aims to provide support for ink! developers. It comes in two parts: 1. Drink library, which provides a minimal Substrate runtime allowing for ink! contracts development, together with a facade interface for interacting with it. 2. drink-cli command line tool, which puts Drink behind a friendly TUI. Our goal is to attract new developers to this space by simplifying the process of starting and managing projects.

**This proposal aims to claim funding from the Polkadot Treasury for work on the Swanky Suite tool, Drink! Tool, ink! examples, and educational content in the period from September 2023 to February 2024.**

**To ensure transparency and accountability, we propose a task-based approach to funding. Our roadmap clearly outlines each stage of ink!Hub's development, with defined objectives and deliverables. Funding will be released upon the successful completion of each task (and after review and approval through Multisig), demonstrating tangible progress and value to the Polkadot community.**

We value your feedback on the roadmap, which we've already shared with the Astar community on the:

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

WHO: Astar Network, AlephZero, and Phala Network

WHAT: Development of Swanky, a comprehensive developer tooling solution designed to facilitate and streamline ink! (Rust) smart contract development within the Polkadot and Kusama ecosystems. 

PRICE/TIMEFRAME/RESOURCES: Funding from the Polkadot Treasury for work on the Swanky Suite tool, Drink! Tool, ink! examples, and educational content in the period from September 2023 to February 2024. Funding will be released upon the successful completion of each task.

ink!Hub Treasury Proposal 

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

big_tipper

WHO: The proposer and the Fellowship. 

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

PRICE/TIMEFRAME/RESOURCES: Not specified.

Create & implement RFC14 - Improve locking mechanism for parachains

- The proposal aims to reward Polkadot Moderators for their continuous support to the community.
- The Community Moderation Team started as unpaid volunteers and later received occasional tips from the Kusama treasury.
- In August 2022, a bounty was funded on Kusama, and in January 2023, it was topped up.
- The team consists of 13 members who monitor new community members and protect against fraud.
- The proposal suggests a 6-month budget of $112,320 (25,004.45 DOT) to support 15 hours of work per week per moderator.
- The team plans to extend their activities to the Polkadot forum and Polkassembly.
- Community members are encouraged to review the context and Q&A sections of the proposal for a full understanding.

Polkadot proposes a 6-month budget of $112,320 (25,004.45 DOT) to support 13 moderators to provide 24/7 support to the Polkadot and Kusama communities, including the Polkadot Forum and Polkassembly. Each moderator will work 15 hours per week from August 2023 to January 2024.

Moderation Team Bounty

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

Link to full proposal: ([PDF](https://drive.google.com/file/d/18KCJtPvh1iYZ-Cuu4GgEu_6Iq8LDjb4d/view?usp=sharing))

Link to Budget: ([GDocs](https://docs.google.com/spreadsheets/d/1LX-UVh5gVXFAW5Luvur22Sn43MNXNuFs/edit?usp=sharing&ouid=110184782530918322927&rtpof=true&sd=true))

Requested DOT: 53,938.013 ($234,024 @ $4.45/DOT) — 

Note: As the budget in the discussion proposal was originally created ~12 months ago, we've increased the grant size by 15% (from $206,182) to reflect the inflation that has occurred since then.

Proposal discussion on AAG: ([YouTube](https://www.youtube.com/live/6LwK6FyhrGE?si=XqCpWL1f9hvugZTl&t=1010))

## Proposal context

The beneficiary and implementer of this proposal is the [Thomson Reuters Foundation](https://www.trust.org/) (TRF). [Every.org](https://www.every.org/about) are the proposer, supporting TRF to exchange any DOT granted to US dollars in order to fund the pilot training programme that aims to “Build a better understanding of blockchain across mainstream global media”.

TRF is an independent charity, registered in the UK and the USA (as TRF INC). We work to advance media freedom, foster more inclusive economies, and promote human rights. Through news, media development, free legal assistance and convening initiatives, we combine our unique services to drive systemic change. We use the combined power of journalism and the law to build global awareness of critical issues faced by humanity, inspire collective leadership, and help shape a prosperous world where no one is left behind. We believe that societies around the world should be free, fair and informed.

Following an introductory meeting and Web3 Foundation relationship scoping workshop in Zug (27th July 2022), TRF are proposing a strategic partnership, which will aim to build a more accurate and deeper understanding of Web3 and blockchain technologies across audiences who are not familiar with it and who are exposed to more traditional narratives (e.g. cryptocurrencies facilitate illegal activities and pollute the environment). The aim of the partnership is to educate non-crypto audiences and journalists on a global scale to better understand the fast-evolving blockchain ecosystem (For example, the downfall of FTX, a news story that went mainstream, involving politicians and celebrities. Many journalists struggled to report on this incident accurately, due to their limited knowledge of the crypto ecosystem and one of its largest exchanges.) and its potential applications beyond decentralised finance (DeFi).

TRF proposes to launch the partnership with a pilot programme to scope, develop and test a new training programme that responds to this aim. The pilot will be delivered iteratively in collaboration with the Web3 Foundation to achieve a robust and needs-driven training methodology that can be effectively scaled in anticipated future phases of the partnership.

WHO: Thomson Reuters Foundation (TRF) and Every.org.

WHAT: TRF proposes a strategic partnership with Every.org to build a better understanding of blockchain across mainstream global media. They aim to educate non-crypto audiences and journalists on a global scale to better understand the fast-evolving blockchain ecosystem.

PRICE/TIMEFRAME/RESOURCES: Requested DOT: 53,938.013 ($234,024 @ $4.45/DOT). The pilot program will be delivered iteratively in collaboration with the Web3 Foundation.

Proposal: Building a better understanding of blockchain across mainstream global media

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

This is a ReferendumV2 post. It can only be edited by the proposer of the post .

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

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

The Nodle Parachain stopped working after a recent upgrade failed. To fix this, the team proposes using a special function on Polkadot to restart the parachain quickly. They want to keep the current state of the parachain and not change any past transactions. The problem was caused by a part of the upgrade taking too long, making the parachain stop making new blocks. The team has made a new version of the code that should fix the problem. They tested this new code and it worked well. They also have a plan to prevent this kind of problem from happening again in the future.

Please check our post [here](https://medium.com/nodle-io/latest-parachain-upgrade-what-everyone-should-know-9d5563e97a70) describing the incident and its reasons. In this document we will be focused on a detailed description of the steps taken to resolve the issue.

**TL;DR**

The Nodle Parachain is bricked after its last upgrade failed. This proposal proposes to use the _forceSetCode_ functionality on Polkadot to ensure the prompt restart of the parachain.

**Solution**

The solution presented below intends to maintain the existing Parachain state, and not require to revert previously approved transactions which would break finality guarantees.

It appears everything in the recent upgrade was sound with all state transitions being correct and intended. However, _the migration code associated with the upgrade is taking too long and caused the proof of verification to grow beyond what the relay chain validators tolerates_. Because the migration happens right when the runtime is upgraded, this causes the parachain to halt block production as the next block would always be rejected by the Polkadot validators. _As such, the head of the parachain did not progress to any undesired state, and thus can be reused_.

This means that it should be possible to unbrick the parachain by force setting the current code to a new runtime that is very similar to the stored runtime. As such, [a new runtime has been prepared](https://github.com/NodleCode/chain/releases/tag/2.2.2-hotfix) with the changes below:

-   Identical spec version than initially deployed
-   Keeps the uniques pallet at the same storage prefix
-   Remove the migration
-   Remove the new pallet associated to the migration

When this code is forced on the relay chain then collators can use the _\--wasm-runtime-overrides_ flag to force their nodes to use the appropriate wasm code that is recognized by the relay chain.

**Testing and verification**

Here are the steps we took to test this proposal:

1.  We used _polkadot-launch_ and ran a local rococo relay chain with a few validators and a collator of our _eden-dev_ parachain. All with fresh states starting from scratch. For the relay chain binary we used _Polkadot-0.9.42_ and for our parachain we used _nodle-2.0.30_ which is the previously published image for our nodes and contains the exact same runtime as it was on our chain right before the problematic upgrade.
2.  We made runtime wasm out of [code](https://github.com/NodleCode/chain/blob/sample-failure/runtimes/eden/src/migrations.rs#L25-L26) that could easily induce the heavy migration step for a local test. We selected the integration of an infinite loop as the fastest way to reproduce the conditions of the issue.
3.  We upgraded the local collators runtime with the runtime wasm which had the intentional failure in its migration. We noticed the node indeed stopped producing blocks with the exact same message as we had seen on our collator “Discarding proposal …took too long“. _This confirms correct reproduction of the current issue_.
4.  We then used Sudo on the local rococo relay chain and called _forceSetCurrentCode_ with the [runtime wasm](https://github.com/NodleCode/chain/releases/tag/2.2.2-hotfix) that we are going to use in our proposal. Let’s refer to that as the good runtime. We already have discussed the idea behind this code change in the Solution section above.
5.  We then stopped the collator and re-ran it using _\--wasm-runtime-overrides_ and setting it to the folder that contained the good runtime. The storage of the collator was maintained and no modification was made there. After the restart the collator started producing blocks and the relay chain backed and included them.

**Proposal Preimage**

Our proposal is _paras -> forceSetCurrentCode(para: 2026, newCode: \[our good runtime\]_, leading to the preimage hash of “_0xbdeb173184c3a932473b7921c0feb233900bbe9228c54dc346239a93b186e9cc_” and preimage length of _1216833_ as shown in the following screenshot:

![](https://i.ibb.co/p4jJth8/Screenshot-2023-08-24-at-2-05-52-PM.png)

**Prevention Strategy**

We intend to work with the Polkadot community to improve existing testing tools to detect similar issues to the one being fixed today. Namely, we would like to extend _try-runtime_ to at least show if the PoV for a runtime upgrade is growing beyond the 5MB limit that is set for validators. Alternatively, this could also take the form of an independent test tool as well.

Regardless of what tool is developed, we will enforce the benchmarking of any migration code in our upgrade process.

Additionally, we would like to investigate whether some patches could be contributed to the Polkadot codebase to optimize for the liveness of parachains by falling back to the last known good runtime in case of upgrade or migration failures. Because this sounds like a much bigger effort given our team expertise, we will need further discussions on this topic.

Nodle's Parachain is bricked after a failed upgrade. Proposal to use forceSetCode functionality on Polkadot to restart it. A new runtime has been prepared and tested. Prevention strategy includes improving testing tools and enforcing benchmarking of migration code.

Unbrick Nodle

- SXSW 2023 took place in Austin, Texas from March 12th to 15th.
- The conference had over 40,000 attendees and included 15 different topics like technology, film, and music.
- A key focus was the Tech Industry Track covering new technologies such as AI, blockchain, and robotics.
- Polkadot aimed to connect with startups and leaders in the Web2 world to prepare them for future Web3 changes.
- 11 teams were part of Polkadot's effort at the conference, including Beatport and Moonbeam.
- This event helped increase Polkadot's brand awareness and build important connections.

<strong>Polkadot</strong> aims to increase brand visibility and connections to a Web2 audience of startups, enterprises/brands, thought leaders and influencers, media, and consumers by participating in the <strong>SXSW Conference</strong> in Austin, Texas on March 12th-15th, 2023. The proposal involves 11 ecosystem teams and further details can be found in the provided link.

Polkadot @ SXSW 2023, Austin, Texas on March 12th-15th 2023

Referendum 56 was a vote to fix issues with auctions in Auction Track. The goal was to replace the BadOrigin calls and cancel auctions that failed due to BadOrigin. However, the cancellation was not successful because it needed Root origin. This new proposal aims to clean the scheduler from future failed auctions, leaving only the new schedule. The proposal was submitted on the Whitelisted Caller track, and the Fellowship is voting to whitelist the hash for this call to execute successfully.

[Referendum 56](56) (voted and approved in Auction Track) scheduled a new set of auctions, after some issues with the existing auctions were found (the execution resulted in the failure of the auction due to BadOrigin) . The new auctions schedule executed by Ref56 is the same as the one decided before by the community: replacing the BadOrigin calls.

Referendum 56 also aimed **to cancel** the auctions resulting in BadOrigin, to clean the scheduler. However, since the proposal was up for vote and approved in auction admin track and the cancellation of these auctions needed Root origin, the cancellation was not successful. In order to complete Ref56’s plan, this proposal **aims to clean scheduler from future failed auctions, leaving only the new schedule on scheduler**.

-   Issue on GitHub: [here](https://github.com/paritytech/polkadot/issues/7541)
    
-   Preimage for the public referendum: [here](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/extrinsics/decode/0x0a00250117031a040801039a6e9257349bba17f88788016821455b1e3fffbd0947dcbad6e8a938b5063bac010321fc0d6cfaa46fd7ac946c6152fb989bc2ab9cbee53f389e2be0d8b68dac7765)
    
-   Public referendum to dispatch the call: [here](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.polkadot.io#/extrinsics/decode/0x1500160d02856f80bb4c18888ef355e717322ffbf4004fa80912d880ba1fd40d60835e235949000000010a000000)
    
-   Call hash: 0x6a8ce6c3c5cee277c21ae28aa2fcff8067d611bf009f050176a3cd8cee835477
    

Please note this proposal was submitted on Whitelisted Caller track: the Fellowship is also voting on a proposal to whitelist the hash for this call to execute successfully.

Make sure to vote!

Referendum 56 aimed to cancel failed auctions due to BadOrigin, but it required Root origin which was not successful. This proposal aims to clean the scheduler from future failed auctions, leaving only the new schedule on the scheduler. No price/timeframe/resources mentioned.

Cancel Old Auctions Schedule - Replaced by New Schedule After OpenGov Inclusion

Encointer is a project in the Dotsama ecosystem that was not funded in a recent referendum due to its high burn rate. However, it is still considered valuable by many. The project has now proposed a new budget with a 50% lower burn rate to cover expenses from September to December 2023. The proposed budget is CHF 238,000, which is equivalent to 59,895 DOT. The project plans to experiment with more scalable approaches, test a new faucet, and integrate with other platforms like KILT and Polkassembly. You can read the detailed proposal document [here](https://docs.google.com/document/d/1685yQrxkce_U3p0umdEMYQR_8dHo2ipp3bKS3tOKemE/edit?usp=sharing).

In our recent [referendum 33](33), DOT holders decided against funding Encointer’s current burn rate of 100kCHF/mt (1.5% of current treasury influx). Nevertheless, Encointer is deemed a valuable common good for the Dotsama ecosystem by many reputable individuals and projects in the Dotsama ecosystem. 

With this adapted proposal we are budgeting with a 50% lower burn rate and aim to still achieve valuable goals similar to the ones described in the previous proposal on a relaxed timescale.

This proposal to the Polkadot Treasury shall cover our expenses for **Sep-Dec 2023 (4mt)**

The amount of the proposed spend is **CHF 238’000 = USD 270’606 = 59'895 DOT  
**

Please read our new  **[detailed proposal document](https://docs.google.com/document/d/1685yQrxkce_U3p0umdEMYQR_8dHo2ipp3bKS3tOKemE/edit?usp=sharing)**

### Summary of Planned Actions

1.  Rampdown to half budget
2.  Experiment with more scalable approaches within the personhood trilemma design space, leveraging the primitives we already built
3.  Field test the new [Encointer Faucet](https://twitter.com/TheKusamarian/status/1689838297357434881) as additional benefit of participation and onramp to KSM
4.  Integrations with KILT, Polkassembly and possibly others

![](https://ibb.co/4WFn0dH)![](https://i.ibb.co/b16MGJk/image.png)

AAG appearances for this proposal: [AAG59](https://www.youtube.com/watch?v=6LwK6FyhrGE&t=5237s), [AAG57](https://www.youtube.com/watch?v=iEghyN080LE&t=5552s), [AAG55](https://twitter.com/TheKusamarian/status/1689838297357434881),   
  

We encourage voters to use encoding of their reasons into the voting amount as proposed [here](https://forum.polkadot.network/t/how-voters-can-signal-more-than-aye-nay-today/3512)

Encointer proposes a budget of CHF 238,000 (USD 270,606) for Sep-Dec 2023 to experiment with scalable approaches, field test Encointer Faucet, and integrate with KILT, Polkassembly, and others. The proposal has a relaxed timescale and a 50% lower burn rate.

Encointer Treasury Proposal (budget halving)

Composable has proposed a plan to expand the use of DOT, the native token of the Polkadot network, in cross-chain decentralized finance (DeFi). They want to loan 194,779.899 DOT (about $1 million) to supply liquidity to leading decentralized exchange (DEX) platforms in the Cosmos ecosystem, like Osmosis and Astroport. The main goals are to increase DOT's adoption, make it more accessible, and attract new DOT holders. They also plan to use their cross-chain bridge, Centauri, to move DOT outside of its native network and create more opportunities for DOT in other platforms and users. Composable will promote this proposal through various marketing channels and expects to onboard 10,000 new DOT holders within the Cosmos ecosystem. They believe the potential returns from providing liquidity will offset any losses due to impermanent loss in the liquidity pool. The DOT will be handled by multisig addresses across different chains for security during cross-chain transfers.

**Proponent:** [Composable](https://www.composable.finance/) 15YLDvV6Q2NUVEFBN26kRgHyyeH1Bu91NKTwBg3xW3hEVfoj

**Date:** Aug, 9 2023 (Average price of DOT in the last 30 days is $5.134)

**Requested allocation:** 194,779.899 DOT (approx. $1m) structured as an indefinite loan which will initially last over the duration of 1 year and re-evaluated on a 6 month basis thereafter.

**Short description:** The purpose of this proposal is to broaden the reach of DOT in cross-chain DeFi by allocating DOT to be used within the Cosmos ecosystem by first supplying liquidity to leading DEX platforms (Osmosis + Astroport)

## **Context of the proposal:**

**Background:** Composable has been developing a full tech stack for cross-chain infrastructure based around its substrate native parachain Picasso. Composable’s tech stack is comprised of the following components:

**Picasso:** Composable’s Kusama Parachain

**Pablo DEX:** where users may swap assets native to the DotSama ecosystem

**Centauri:** a trustless, IBC-based cross-chain bridge

**Cross-Chain Virtual Machine (XCVM):** to communicate smart contract instruction sets between chains

Cumulatively, these components focus on the goal of extending the reach of assets native to the DotSama ecosystem by enabling seamless movement and orchestration of assets between external chains.

## **Objectives:**

-   Encourage cross-chain adoption of DOT by first providing liquidity to Osmosis DEX within the Cosmos ecosystem and achieving $50,000 of average daily trading volume within the first 3 months
-   Extend DOT accessibility by collaborating with Neutron to supply liquidity to Astroport DEX and integrate DOT to applications deployed via its platform
-   Promote Polkadot visibility by acquiring 1,000 new DOT holders within the first 6 months of loan deployment
-   Integrate DOT with Cosmos applications outside of pure DEX platforms

## **Problem Statement:**

Polkadot network’s native token, DOT, holds a current market capitalization of roughly $6.9b. Despite the proliferation of cross-chain DeFi, the DOT token has remained largely isolated within its own ecosystem which has become a point of obstruction for visibility to onboard non-native users. Cross-chain DEX listings act as an entranceway for new users to interact with and utilize a new token across DeFi platforms, but the two largest sources of liquidity for DOT that exist outside of its own ecosystem come from listings on PancakeSwap (BSC) and Osmosis (in the form of axlDOT) which account for just ~$605k of active liquidity with roughly 53% of that TVL residing in PancakeSwap alone.

Although Polkadot has experienced strong growth within its own ecosystems across 40+ parachains operating on the network, DOT has been less than notable amongst its usage in cross-chain applications. As the cross-chain narrative within crypto networks has continued to evolve, DOT has been bottlenecked by the following:

-   **Lack of Decentralized Bridging Solutions to the Polkadot Ecosystem:** HRMP channels exist within the Polkadot ecosystem which allow DOT to be transferred amongst existing parachains. HRMP lacks the ability to connect directly to external chains, thus leaving DOT isolated within the Polkadot eco and failing to capitalize on market opportunities throughout additional base layer networks such as Cosmos and Ethereum. Composable has built an IBC (Inter Blockchain Communication) based bridge allowing the transfer of DOT outside of its native chain.
    
-   **Segregated Liquidity and Shortage of Accessible DEX Listings:** Polkadot has amassed one of the largest market capitalizations amongst crypto networks (currently #13 by mcap), but has notably been one of the least used tokens throughout cross-chain applications. At the moment, one of the only existing cross-chain uses of DOT is via Axelar’s axlDOT pool on Osmosis, which lacks significant liquidity to be used past the pool itself (currently ~ $280k total pool liquidity + $3.5k 24hr volume)
    
-   **Cross-Chain Interaction Beyond Polkadot:** DOT allocated towards this proposal will have the ability to move outside of the DotSama ecosystem over Composable’s Centauri bridge to access a new DeFi user base, initially via Osmosis. This opens an entirely new opportunity set for DOT to be used within additional platforms and users through dApps and the ability to offer liquidity incentives outside of its native chain.
    

Through Composable’s cross-chain bridging solution, Centauri, DOT may be extended past its native network. Centauri currently allows DOT to be transferred between Polkadot and Kusama, and the Cosmos ecosystem. This proposal seeks to move 188679.245283 DOT (apprx. $1m) from the Polkadot Treasury to Cosmos using Composable’s Centauri bridge in order to enable accessible DOT liquidity within the Cosmos ecosystem through DEX liquidity pools on Osmosis.

## **Benefits and Goals:**

-   Create widespread visibility and use of DOT through cross-chain applications, beginning with Osmosis within Cosmos
-   Cosmos’ three most active zones consist of Osmosis, Stride, and the Cosmos Hub which account for ~30,000 daily active users that may be onboarded as new DOT holders and users
-   Build a tighter relationship in cross-chain DeFi between Polkadot and Cosmos users to encourage assets to be brought back into the Polkadot ecosystem for use amongst parachain applications

The goal of this proposal is to achieve cross-chain liquidity for DOT within the Cosmos ecosystem through liquidity pools hosted by Osmosis and Astroport as well as onboard new DOT token holders outside of the ecosystem. Additionally, this initiative is focused not only on moving DOT outside of its native chain, but also garnering attention in order to bring new assets back into DotSama.

## **Ongoing Initiatives for DOT within Cosmos**

The following links and mentions highlight initiatives currently underway by the Composable team to integrate DOT across the Cosmos ecosystem, to provide a vision for possibilities of integrating DOT amongst existing dApps:

-   [Canonical DOT Bridge + Asset on Osmosis](https://forum.osmosis.zone/t/implement-composable-s-centauri-bridge-as-the-canonical-route-to-the-polkadot-and-kusama-ecosystem/179/7)
    
-   DOT/OSMO pool on Osmosis (created; pending visibility via front end update)
    
-   [UMEE ibc-DOT Lending](https://gov.umee.cc/discussion/12402-listing-proposal-add-support-for-dot)
    
-   [Agoric - DOT Vault Collateral for IST](https://community.agoric.com/t/dot-inter-protocol-vaults-collateral-onboarding-discussion/403)
    
-   [Astroport DOT/USDC Pool](https://app.astroport.fi/pools)
    
-   Mars Protocol - DOT Collateral for Lending (pending discussion post)
    
-   Cosmos Assets accessible within the DotSama ecosystem via [Pablo DEX](https://app.pablo.finance/provide-liquidity/) – ATOM, stATOM, OSMO, STRD, STARS, SCRT, UMEE, BLD, CRE, NTRN
    

## **Marketing**

Composable will promote and market this proposal over the course of discussion, voting, and deployment to raise awareness around the benefits to both ecosystems and attract users. The following marketing channels will be used in order to achieve maximum visibility around the proposal and its end goals:

**i) Twitter Threads** – The proposal will be promoted to both Polkadot and Cosmos community over explanatory Twitter threads explaining the ultimate purpose of the funding and how it will be effectively deployed

**ii) Twitter Spaces** – Joint discussion between Composable, Osmosis, and members of Web3 Community

**iii) Blog Posts** – Upon completion of the proposal, Composable will release a blog post to its medium encompassing an explanation of the funding, how it is being deployed, what goals it seeks to achieve, how the liquidity in Cosmos can benefit DotSama, and what opportunities this creates for the future New Holder Growth

Within the first year of Osmosis launch, ATOM holders within the Cosmos ecosystem increased by roughly 800,000 new holders (pictured above). ATOM’s launch within Osmosis DEX heavily contributed to the ability to onboard new ATOM holder, which we expect a similar effect on a DOT listing with ample liquidity. We will be targeting an initial milestone of 10,000 new DOT holders within the Cosmos ecosystem.

## **New Holder Growth**

![](https://i.ibb.co/F0F49kH/Screen-Shot-2023-08-09-at-5-08-40-PM.png)

Within the first year of Osmosis launch, ATOM holders within the Cosmos ecosystem increased by roughly 800,000 new holders (pictured above). ATOM’s launch within Osmosis DEX heavily contributed to the ability to onboard new ATOM holder, which we expect a similar effect on a DOT listing with ample liquidity. We will be targeting an initial milestone of 10,000 new DOT holders within the Cosmos ecosystem.

## **ROI and Risks**

**Impermanent Loss**

The main risk to any liquidity provider within an AMM is depreciation of total value due to impermanent loss. Impermanent loss impacts an LP most significantly if the price of one asset in the pool increases while the paired asset’s price remains stable. To outline a simple version of the expected result in these scenarios, a simple table is included below based on a total LP position of $1000 ($500 of asset A + $500 of asset B). Our expectation is that the ROI on swap fee + incentives will outpace losses due to IL in the pool.

![](https://i.ibb.co/rtwT1J1/Screen-Shot-2023-08-09-at-5-21-00-PM.png)

`$1000 LP position used as example`

![](https://i.ibb.co/t8SDwq9/Screen-Shot-2023-08-09-at-5-21-11-PM.png)

`Table to outline potential losses incurred by IL based on movement of both assets within an Osmosis pool`

## **Loan Repayment**

Despite potential for IL within an AMM liquidity pool, we believe the earning potential of participating in this pool will be able to mitigate any negative returns of participating in the pool. Based on current swap fees and incentive matching program on Osmosis, providing liquidity to a DOT/OSMO pool has the potential returns as follows:

![](https://i.ibb.co/8BHX38c/Screen-Shot-2023-08-09-at-5-23-31-PM.png) ![](https://i.ibb.co/KK1xPd7/Screen-Shot-2023-08-09-at-5-23-38-PM.png) ![](https://i.ibb.co/4dnjZSk/Screen-Shot-2023-08-09-at-5-23-46-PM.png)

In total, using a reasonable estimate of $25,000 Daily Volume + 1yr of Incentives at $500k total liquidity provided, the total amount of return expected should be approximately $68,500 which can be used to offset IL and repurchase DOT to return to treasury. This would be split between liquidity providers (ie, in the case of DOT/OSMO -> 1/2 to be sold back for loan coverage, 1/2 to Osmosis)

Rewards received in the form of OSMO liquidity incentives can be sold on a bi-weekly cadence, as to reduce risk that may be assumed by holding additional assets.

## **Milestones for Deployment**

Funds will be received from the treasury and deployed according to milestones outlined in the table below. Success would be achieved through the steps outlined as follows:

![](https://i.ibb.co/ys2HpGm/Screen-Shot-2023-08-10-at-9-13-31-AM.png)

## **Implementation**

**Multisig**

The DOT received through this proposal will be handled by four multisig addresses across the (i) Polkadot relay chain, (ii) Composable parachain, (iii) Picasso parachain, and (iv) Osmosis chain. The collection of multisigs will be used to handle DOT securely across each cross-chain transfer as funds are moved from Polkadot → Composable → Picasso → Osmosis. Multisig accounts on the DotSama side will be handled via 3-of-5 signature scheme comprised of Henry Love (Fundamental Labs), James Wo (DFG Capital), Notional DAO, Joe DeTommaso (Head of Strategy, Composable), and 0xBrainjar (Head of Research, Composable) Once assets have been moved to Osmosis from the DotSama eco, DOT will be transferred to the Osmosis multisig to be handled as directed only as outlined here via Polkadot governance.

Once successful deployment and milestones have been achieved with Osmosis, a similar multisig outline will be constructed to handle funds moving from Polkadot → Neutron.

One additional solution is a new suite of secure smart contracts being developed by [Timewave](https://timewave.computer/). Timewave functions as an Interchain Allocator which can facilitate protocol to protocol deal making and spending. In the event that Timewave is utilized, it would reside on the Cosmos side of the needed asset transfers, and would handle the deposit and withdrawal of liquidity to the protocols designated within this proposal.

## **Liquidity Provision**

This proposal will outline explicit instructions for the movement and deployment of DOT received from the Polkadot Treasury as outlined below:

**Movement of Funds:**

Polkadot Treasury will release initial funds to multisig address (i) where the DOT will then be transferred to multisig address (ii) on the Composable parachain via Centauri.

Two subsequent transfers will then occur. First, Centauri will again be used to move funds from the Composable parachin to multisig address (iii) on the Picasso parachain. Finally, another Centauri transfer will be used to move the DOT from Picasso outside of the ecosystem to multisig (iv) residing on Osmosis (within the Cosmos ecosystem).

**Deployment of Funds:**

Once funds have been received by the Osmosis multisig, the multisig will add liquidity to the DOT/OSMO pool which has been previously created by the Composable team. OSMO incentive matching will be requested via governance, and through a successful vote, the DOT/OSMO liquidity pool will begin to receive OSMO incentives provided to LP’s.

## **Audits:**

Audits for the Composable stack can be found [here](https://github.com/ComposableFi/composable/tree/main/audits)

**Appendix**

[PankcakeSwap](https://pancakeswap.finance/info/v3/tokens/0x7083609fce4d1d8dc0c979aab8c869ea2c873402)

[Osmosis](https://info.osmosis.zone/token/DOT)

[Map Of Zones](https://mapofzones.com/home/cosmoshub-4/overview?columnKey=ibcVolume&period=24h)

[Polkadot Treasury](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadot-rpc.dwellir.com#/treasury)

\[DailyDefi IL Calc\]([https://dailydefi.org/tools/impermanent-loss-calculator/](https://dailydefi.org/tools/impermanent-loss-calculator/) )

[Coingecko IL Calc](https://www.coingecko.com/en/impermanent-loss-calculator)

[AtomScan](https://atomscan.com/stats/accounts)

**Update — Multisig:**  
The multsig Polkadot address set to handle this proposal will be :

1ngtfgu1dYwXBTQGzWkaDfgBFeqjzSsYzdLpzNzVENh7kNA  
  
This is comprised of the following signers:  
DFG Capital : 12saVkpyC6LJyk1ELETE76eZD3mtDT2LAdKxd4nEEQVAigyu  
Notional DAO : 12ZJEbSiYQ3XJXSqX1KwicmeXnuDCH2uXadxU2i8VeyXsAre  
Henry Love : 14GFeMR58WfYCXTh4BkZUargD5uaHujneWoYHsTwEceV9rEp  
Omar Zaki : 14kxR7CR4XYdRU2fRdWWFbkZXziM4JCQHCtZpirvZssotHGZ  
Joe DeTommaso : 15YLDvV6Q2NUVEFBN26kRgHyyeH1Bu91NKTwBg3xW3hEVfoj

**Update — Removal of sudo:** 

[https://docs.composable.finance/networks/picasso/governance](https://docs.composable.finance/networks/picasso/governance)

Composable proposes to allocate 194,779.899 DOT (approx. $1m) as an indefinite loan to provide liquidity to Osmosis and Astroport DEX platforms within the Cosmos ecosystem. The goal is to encourage cross-chain adoption of DOT, extend DOT accessibility, promote Polkadot visibility, and integrate DOT with Cosmos applications. The loan will initially last over the duration of 1 year and re-evaluated on a 6-month basis thereafter. The proposal outlines explicit instructions for the movement and deployment of DOT received from the Polkadot Treasury, and the expected ROI on swap fee + incentives will outpace losses due to impermanent loss. The goal is to achieve $50,000 of average daily trading volume within the first 3 months and acquire 1,000 new DOT holders within the first 6 months of loan deployment.

Allocate DOT Loan for Use Amongst Cross-Ecosystem DeFi within the Cosmos Ecosystem

Void - incorrect spend submitted

RadiumBlock is a company that helps the Polkadot network work better by providing important services. They want money to keep helping the network. Here's what they did:

1. They helped the network a lot in the last few months by giving answers to many questions.
2. They made their service faster and better by using computers in different places.
3. They added more places where their service is available, like South America, Africa, and India.
4. They plan to spend less money and make their costs easier to understand.

You can read more about their plan by clicking [here](https://docs.google.com/document/d/1OBoggp_kSudCyhQmh5y_bd66TW7VkyTN/edit?usp=sharing&ouid=114172945417100820622&rtpof=true&sd=true).

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of public RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We would like to emphasise that we do not collect any user data. We only track average rpc requests rate, computation and bandwidth use. We are proud to operate one the highest performance RPC service in polkadot ecosystem [as measured by CompareNodes.](https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/)

![](https://i.ibb.co/JjhVRLD/image-2023-08-18-T10-16-47-021-Z.png)

Service Usage Summary

For Q4 2022 (Oct-Dec)

-   Our Polkadot RPC nodes have served an average of 21 million responses per day
-   Our Statemint RPC nodes have served an average of 450k responses per day

For Q1 2023 (Jan-March)

-   Our Polkadot RPC nodes have served an average of 11 million responses per day
-   Our Statemint RPC nodes have served an average of 315k responses per day

Major updates

-   Converted our RPC deployment to a Hybrid On-Prem + Cloud(AWS) computing
    -   In future we will switch to using AWS only as a backup.
-   Expanded Polkadot endpoint to 12 Edge locations including South America, Africa and India
    -   The full list is: Santiago, Johannesburg, Chicago, Silicon Valley, Frankfurt, Madrid, London, Hong Kong, Mumbai, Singapore, Tokyo, Sydney.
-   Switching from Q2 2023 to a reduced and fixed cost model (~$25k) per quarter
    -   This is part of our continued effort to reduce cost to the treasury and to make the cost predictable and bounded
    -   We are passing on the cost benefits of our hybrid computing to the community

![](https://i.ibb.co/9H4XTWW/image-2023-08-18-T09-02-20-019-Z.png)

We continue to engage in the ecosystem as an infrastructure provider for other para chains too for RPC and node services. [Our full proposal is posted here.](https://docs.google.com/document/d/1OBoggp_kSudCyhQmh5y_bd66TW7VkyTN/edit?usp=sharing&ouid=114172945417100820622&rtpof=true&sd=true)

The RadiumBlock team seeks reimbursement for providing public RPC services for Polkadot networks for Q4 2022 and Q1 2023. They offer a reliable and secure service at a fixed cost of ~$25k per quarter. They do not collect user data and have expanded their Polkadot endpoint to 12 locations.

RadiumBlock: Retroactive funding for High Performance Public Endpoint Service for Polkadot(Q4 2022 and Q1 2023)

**Nova Spektr Milestone 3 Proposal Summary:**

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

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

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

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

Polkadot proposes Magnet, a smart contract platform based on the PAYG model, with DOT as the gas fee. It will support EVM and WASM, integrate XCM, and be built on Tanssi Network. The income generated will be distributed to various entities, with Magnet retaining only the basic fees for project maintenance. More details in the full proposal.

Magnet Proposal: Polkadot’s Smart Contract Docking Station using DOT as Gas Based on the PAYG Model

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

small_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