Abstract - Ongoing costs for the running of high performance, scalable, and reliable public infrastructure for the Moonriver network from 1st August 2022 until 31st October 2022 (2 months).
Motivation - Setting up blockchain infrastructure is difficult, time consuming, and expensive. A shared node API service helps mitigate these barriers of entry to trying accessing a new protocol by reducing all these costs to near zero. In summary, we try to reduce the pain of getting started on the Moonbeam Networks and minimise the costs of accessing secure nodes while traffic from your dApp is low.
Project Overview and Team Experience - OnFinality 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.
Overall Cost - This proposal includes combined running costs for our infrastructure for all Moonbeam Networks. The total outstanding costs for these networks are 3,024.09 MOVR
Use of Treasury Funds - All funds will be used to pay for resources and infrastructure used to provide the service during August to October 2022
Specifications - We have a heavily modified multi-cloud and multi-region landscape that maximizes performance, reliability, scalability, and decentralisation. Additionally, we are proud to have delivered some key service enhancements that benefit the ecosystem in the last quarter. This includes:
Steps to Implement - This service has already been provided and we are proud to have achived 99.99% uptime for Moonbeam and Moonriver https://status.onfinality.io/.
Full proposal can be found here https://docs.google.com/document/d/14oIJ-tKtkJM539WtAL8Shv-DIebUIk7T-8bqKzGFNno/edit#
Corresponding Moonbeam proposal can be found here https://moonbeam.polkassembly.network/treasury/3
Objective: Fund ongoing costs for high-performance, scalable, and reliable public infrastructure for the Moonriver network from August 1, 2022, to October 31, 2022.
Motivation: Reduce the barriers to accessing the Moonbeam Networks by providing a shared node API service, minimizing startup costs and infrastructure expenses.
Provider: OnFinality, a SaaS platform supporting the Polkadot/Substrate community with core infrastructure services.
Cost: Total outstanding costs for the Moonbeam Networks are 3,024.09 MOVR.
Use of Funds: Funds will be used to cover infrastructure and resource costs for the service from August to October 2022.
Infrastructure: OnFinality offers multi-cloud, multi-region services with enhanced features like API Insights, cost optimizations, new API plans, and support for Alibaba Cloud.
Performance: Achieved 99.99% uptime for Moonbeam and Moonriver networks.
Proposal Links: Full proposal and corresponding Moonbeam proposal are available on Google Docs and Polkassembly, respectively.