### Summary of Polkadot Community Post

1. **Referenda 151**: The community supported Referenda 151, but there was an oversight in the submission process, leading to its failure. The proposal has been resubmitted to the correct track.

2. **Collator Funding**: Collators on System Parachains receive minimal rewards, which may lead to under-resourcing. A proposal aims to fund these collators for their services.

3. **Short-Term Solution**: The proposal seeks to secure 6,075.79 DOT for collators on the Polkadot System Parachains network for services delivered in August-September 2023.

4. **Bounty System**: This proposal is a short-term solution until a more sustainable bounty system is established.

5. **Community Feedback**: The community is encouraged to review and provide feedback on the proposal within one week before it is submitted on-chain.

6. **Update**: Parity Collators are excluded from the funding proposal, and the document has been updated with new verified identities.

Awarded

small_spender

WHO: Polkadot community
WHAT: Resubmitting a proposal to the correct track for funding collators on the Polkadot System Parachains network for services delivered for 2 months (08-09/2023) with a total of 6,075.79 DOT.
PRICE/TIMEFRAME/RESOURCES: 6,075.79 DOT for 2 months (08-09/2023).

Polkadot System Parachain Collators - Tips - Referenda #151 failed to execute

- PolkaWorld made changes to their proposal after it was rejected.
- They are asking for funding to help them operate from October 2023 to March 2024.
- The proposal includes their story and important ideas they've followed for four years.
- They have improved their tasks to include content creation and marketing.
- They shared answers to questions the community had.
- People are encouraged to review the proposal and vote.

medium_spender

WHO: PolkaWorld
WHAT: Proposal for community operational funding from October 2023 to March 2024, including adjustments and optimizations to work tasks and expanded marketing efforts.
PRICE/TIMEFRAME/RESOURCES: Not specified.

PolkaWorld Ops and Maintenance proposal：2023.10 - 2024.3

small_tipper

SmallTipper

- Lucky Friday wants to get 45,074 DOT from the Polkadot Treasury to help improve their Teddy DAO product.
- They will use the money for development and marketing to attract new users to Polkadot.
- They have partnered with JustGiving, a big donation platform that helps raise money for charities.
- 100% of donations go to charity, except for a small fee for JustGiving.
- So far, Teddy DAO raised nearly $13,000 and gained new users who wanted to learn more.
- They believe Teddy DAO can become a well-known name in charity giving in the Web3 world.

Lucky Friday requests 45,074 DOT from the Polkadot Treasury to improve Teddy DAO product and co-market it with Polkadot brand. The funds will be used for future development and marketing initiatives to attract new users to the ecosystem. Full proposal can be found in the link provided.

Polkadot & Teddy DAO: A New Way to Leverage Charitable Giving in Web3

- The proposal aims to help teams in the Polkadot ecosystem with hiring.
- It provides guidance on best hiring practices and access to a hiring platform called TrufflePig.
- Each team can get at least one new hire and better hiring strategies.
- The program will save teams time and improve their hiring quality.
- The organization has experience and has worked with key players in the Polkadot community.
- Funding is requested to support the talent placement program and improve long-term outcomes.
- The goal is to help teams become more independent in their hiring processes.

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

- The post shares tips for getting rewards for working on Substrate code.
- There are links to helpful websites where you can see more details.
- The information includes a tip that was not executed because of a change in government rules.
- This tip is from an earlier stage of the project.
- It is meant to thank people for their contributions to the code.
- The overall focus is on managing tips and rewards in a coding project.

The proposal suggests checking out a tip for substrate PR, which is a reward for contribution to substrate code. No specific information is given regarding WHO will receive the reward, WHAT the reward is, or the price/timeframe/resources involved.

Get tip for substrate PR

- Subsquid Lab is asking for money to help continue their work on public data Archives and the Giant Squid API.
- They need a total of about 58,253 DOT, which is worth $233,014.67.
- These Archives help people find important data from blockchains like Polkadot and Kusama.
- Many projects use this data, making it easier for developers and users to access information.
- The Giant Squid API helps gather and analyze information from these blockchains.
- In the second quarter of 2023, they handled over 1 billion queries, showing how much people use their service.
- They plan to keep improving these services to help more projects and users.

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)

- 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 

- A new project called "Swanky" is being proposed to help people create smart contracts, which are like computer programs that run on a special type of network.
- This project wants to work with groups called Astar Network, AlephZero, and Phala Network.
- Swanky will make it easier for developers to work with a tool called ink! for making smart contracts.
- There are two main parts: Drink library, which helps with how contracts are developed, and drink-cli, which is a user-friendly command tool.
- The goal is to attract more developers by making things simpler and less complicated.
- They are asking for money from a group called Polkadot Treasury to support the project from September 2023 to February 2024.
- The team will work step-by-step and get funding only after showing they have completed each part successfully.

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 

- KRYPTOSCHAIN, led by Claudio, is asking the Polkadot Treasury for $3,500 to create 15 educational videos about Polkadot Open Governance and news.
- Claudio has been a Polkadot Ambassador and content creator since 2018 and has a following on YouTube and Twitter.
- The plan includes making 10 videos about Polkadot Open Governance at $250 each and 5 videos on Polkadot News at $200 each.
- This proposal aims to help both existing and new DOT holders understand important information easily.
- Videos will be shared on the KryptosChain YouTube channel and Twitter account.
- Claudio plans to continue creating monthly videos if this proposal is approved.
- The discussion is open for 7 days for community feedback.

big_tipper

WHO: KRYPTOSCHAIN
WHAT: Requesting funding for 15 educational videos covering Polkadot Open Governance & Polkadot News, uploaded to KryptosChain Youtube channel & Twitter profile during September & partially October.
PRICE/TIMEFRAME/RESOURCES: Around $3,500 for roughly 1 month, including slippage fees. $250 per video for 10 Open Governance videos and $200 per video for 5 Polkadot News videos. Team: Just me.

KryptosChain Media Support (Continuation) - Big Tipper Request

- The proposal is about a training program to help media understand blockchain better.
- The Thomson Reuters Foundation (TRF) is leading this proposal, with support from Every.org.
- They are asking for about $234,024 in funding to start the program.
- The funding amount increased by 15% due to inflation since it was first created.
- TRF is an independent charity that promotes media freedom, human rights, and inclusive economies.
- The program aims to educate journalists and others who don’t know much about cryptocurrency and blockchain.
- This is important because many media reports on blockchain issues like the downfall of FTX were not accurate due to lack of knowledge.
- The training program will be developed with input from the Web3 Foundation to make sure it meets the needs of learners.

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

- 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

**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.

big_spender

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

- OpenComm is a new communication tool for the Polkadot ecosystem that helps people talk about governance and other topics more easily.
- It aims to make discussions available on the blockchain, which means anyone can see the conversations.
- This tool makes it simpler for users to engage in discussions, whether they are proposals, accounts, or other resources.
- Users don’t have to create new accounts, making it easier for everyone to join in, even if they are not very tech-savvy.
- As of August 17, OpenComm has helped share over 7,900 messages and has been added to several apps in the ecosystem.
- It connects different platforms, letting users access discussions from various sites.
- Many projects are excited about using OpenComm and are asking to integrate it into their applications.

Polkadot proposes OpenComm, a decentralized communication layer that consolidates siloed discussions in the ecosystem, improving governance communications and enabling on-chain discussions about any entity or resource. The proposal requests 27,259 DOT ($133,080 USD) and provides a brief overview of the project's milestones, budget, and adoption.

An Open Communication Layer For Polkadot

- Multix is an easy tool to manage multisig accounts, which have many users' signatures.
- It has been active for over 6 months and is popular with teams, even on phones.
- Multix works with more than 13 different blockchain networks.
- There is a proposal to continue improving Multix and create a new tool for testing Dapps.
- The new tool will help developers check their Dapps without guessing what will happen.
- The goal is to help both Multix and all Polkadot Dapp developers.
- They are asking for $214,099 for the next 6 months of work.

WHO: Multix team
WHAT: Continue developing Multix interface for multisigs management and build a Cypress Dapp testing plugin to benefit Polkadot Dapp developers
PRICE/TIMEFRAME: 214,099 USD for the next 6 months of development

Multix - Further development and Cypress Dapp testing plugin

- The substrate-api-client needs money to keep working well.
- They changed from asking Kusama for help to asking Polkadot.
- This proposal is smaller and focuses on basic updates and support.
- If they don’t get the funding, they will stop helping others.
- It is a library that helps connect to special computers called nodes.
- Developers can use it to work with Polkadot and Kusama chains.
- They have made similar funding requests in the past.
- More information can be found in their full proposal.

WHO: The substrate-api-client team
WHAT: Seeking funding for maintenance of the substrate-api-client Rust library for connecting to a substrate-based node via RPC from a no-std environment
PRICE/TIMEFRAME/RESOURCES: Details in full proposal, seeking ongoing funding

Maintenance for the substrate-api-client Sep-23 to Dec-23

- AngelHack wants to run two hackathons in Europe and Asia in 2023.
- They are asking for $302,000 USD to help with expenses and to reward winners.
- The hackathons aim to connect more developers in the Web3 community.
- They are currently on their third project milestone for the APAC hackathon.
- This funding would help cover their costs and support the teams that worked hard.
- More details can be found in their budget proposal and treasury proposal links. 
- The previous proposals for the hackathons were already approved earlier in 2023.

**WHO**: AngelHack

**WHAT**: Requesting $302,000 USD (60,246.88 DOT) from the Polkadot treasury to reward hackathon winners and reimburse operations and service fees for running the Polkadot APAC Hackathon.

**WHY**: To bridge gaps within the Web3 space and strengthen connections within the Polkadot community, allowing for easier onboarding of more developers across a diverse range of backgrounds.

Milestone 3: Polkadot Hackathon Global Series 2023

- 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.

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

**YieldBay Polkadot Treasury Proposal Summary**

- **Proponent:** YieldBay Treasury on Polkadot
- **Requested Payment:** 15,375.745 DOT (equivalent to $80,000 at $5.203 per DOT)
- **Purpose:** To create a central yield farming dashboard on Polkadot
- **Milestones:** Proposal covers Milestones 2 and 3
- **Current Status:** Monitors 183 yield farms across 17 protocols, tracking $33 million
- **Collaborations:** Partners include Interlay, Stellaswap, Arthswap, Mangata, and Kintsugi
- **Council Approval:** Approved through Council Motion #355 in March 2023
- **Detailed Report:** Available [here](https://docs.google.com/document/d/106gnRv8uxJyyU4xbwHNPFc6c97UR1qqYk5FE5tf6XQU/edit)

**WHO:** YieldBay Treasury, Polkadot

**WHAT:** Create Polkadot's first central yield farming dashboard across 3 milestones, with detailed delivery report for Milestone 2, 3.

**PRICE/TIMEFRAME/RESOURCES:** Requesting 15,375.745 DOT ($80,000 @ $5.203) for Milestone 2, 3. Proposal approved through Council [Motion #355] under Gov1. Read more in the provided links.

Milestone 2 and 3 Payment Request – YieldBay: Polkadot’s yield farming dashboard

- OpenZeppelin wants to form a team to help with Polkadot.
- They will work on new parachains, which are special parts of the Polkadot network.
- The team will improve safety and speed up development.
- OpenZeppelin plans to have 3 members in the team.
- They will make a schedule for releases every 3 months.
- This plan will start 90 days after it gets approved.

OpenZeppelin proposes to create an open-source team to work with Parity and Polkadot community to develop new parachain runtimes and improve pallets for key use cases. The team will have 3 members and deliver the first three quarterly releases within 12 months.

Treasury Proposals