### Summary

- **Objective:** Improve interoperability between Polkadot parachains by opening more XCM channels.
- **Current Issue:** Many parachains have few XCM channels, limiting their connectivity and use cases.
- **Proposed Solution:** Deposit 2261 DOT into the "Child" accounts of fourteen parachains to facilitate opening XCM channels.
- **Implementation:** Target account balances of 205 or 305 DOT based on parachain size and potential use cases.
- **Benefits:** Increased accessibility of parachain tokens, more XCM traffic, and smoother integration between chains.
- **Next Steps:** Submit governance proposals to open XCM channels and register tokens on chains with the `assetRegistry` pallet.

Awarded

small_spender

Polkadot Treasury will deposit 2261 DOT into the Polkadot relaychain "Child" accounts of fourteen parachains to make it easier to open XCM channels between chains. The proposal aims to increase the amount of XCM traffic, make more parachain tokens accessible to Polkadot DeFi on Hydration, Bifrost, Moonbeam, Astar, and remove one technical barrier to further integration and use case development between chains. The proposal will be implemented by submitting governance proposals to each parachain to open channels. The proposal will cost less than $1k and will be paid in DOT.

Deposit DOT into parachain child accounts to accelerate opening XCM channels

- A GitHub pull request (#10838) was made to create a Head Ambassador page for PolkadotJS/Apps.
- The page allows for member listing and referenda voting.
- The work was done quickly in response to an initial issue request (#10829).
- The page is accessible at [polkadot.js.org/apps](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fcollectives-polkadot-rpc.dwellir.com#/ambassador).
- Two images were provided to illustrate the work.
- The task was completed outside of fellowship activities, during personal time.
- It was considered a pressing requirement for Head Ambassadors to get started.

small_tipper

PolkadotJS/Apps needs a Head Ambassador page for member listing and referenda voting. A request was made and a proposal was submitted to create the page in a fast pace. The work was completed during personal time and is outside the scope of fellowship activities. No information on price/timeframe/resources is provided.

[Small Tipper] Referendum #1100 - Creation of Head Ambassador pages in PolkadotJS apps

### Asset Portal Proposal Summary

- **Proposer**: Asset Portal
- **Requested Amount**: 30,981.00 DOT
- **Purpose**: To develop an asset management portal for the Asset Hub network, enhancing user experience and navigation within the Polkadot ecosystem.
- **Features**: 
  - View wallet balances.
  - Transfer tokens.
  - Use XCM to redirect tokens to parachains.
  - Explore the DeFi ecosystem.
  - Swap assets.
  - Use the Polkadot-Kusama bridge.
  - Create and manage assets and NFTs.
- **Additional Plans**: Connect Kusama Asset Hub and integrate its functionalities.
- **Open Source**: The project is open-source, with code available on GitHub.
- **Website**: Visit [assetportal.io](https://assetportal.io) for more information.
- **Contact**: Reach out via [Twitter](https://x.com/AssetPortal) or email at assethubportal@gmail.com.

medium_spender

WHO: Asset Portal
WHAT: Develop and deliver an asset management portal to enhance the value of the Asset Hub network, increase the number of users, and streamline navigation across the Polkadot ecosystem.
PRICE: 30,981.00 DOT
TIMEFRAME: Not specified
RESOURCES: Open-source project, available at assetportal.io.

AssetPortal (Milestone 1)

Tip Sourav for PSVM Merge Request #23

**Behind the Code Funding Request Summary**

- **Request**: Additional 9928 DOT (58558 USD) for post-production of 8 new episodes (4 Web3 Thinkers and 4 Web3 Builders).
- **Purpose**: To complete post-production for these episodes and correct a funding discrepancy from the initial proposal.
- **Metrics**: Content has received over 1.25 million views and 61,144 watch hours.
- **Interviews**: Conducted 50 interviews, main source material for the series.
- **Timeline**: New episodes to be released in Oct and Nov 2024.
- **Budget**: 14,400 USD for post-production of 8 episodes, bringing total episodes to 24 by end of 2024.
- **Discrepancy**: Initial proposal costed at 389,899 USD, received 351,064 USD, leaving a shortfall of 38,835 USD.
- **Buffer**: Adding a 10% buffer to avoid future discrepancies and returning any excess funds to the treasury.

WHO: Behind the Code Team, Key Pictures

WHAT: Requesting additional funds of 9928 DOT (58558USD) for post production on 4 episodes of Web3Thinkers and 4 episodes of Web3Builders, and a top-up to correct a small discrepancy in funding received for initial proposal.

PRICE/TIMEFRAME/RESOURCES: $14,400 for post production of 8 episodes, to be released by end of 2024. Top-up request to correct shortfall of $38,835. Excess DOT will be returned to treasury.

Behind the Code II: Additional Funding for more episodes of Web3 Thinkers/Builders and Top-up on treasury #604 payout

- The user created and published nine retroactive posters on X in March 2024.
- Each poster received an average of 3,000 impressions, 70 likes, and 10 retweets.
- Creating each poster took between 1 and 3 hours.
- The process involved:
  - Figuring out themes and slogans.
  - Using Midjourney to create images.
  - Finalizing designs in Photoshop.
- High-resolution posters are available for download.
- Links to each poster on X are provided.

The proposal is a request for payment of 45 DOT for nine retroactive posters created and published on X in March 2024. The posters received an average of 3k impressions, 70 likes, and 10 retweets each. The creator spent between 1 and 3 hours on each poster, and the process involved figuring out the theme and slogans, experimenting with images, and finalizing the designs on Photoshop. The payment is requested for the work done.

Retroactive tip request for retro posters

- Polkadot is opening a second physical hub in Budapest, Hungary.
- The hub is sponsored by Mosaic Chain and offers free co-working space.
- Some Polkadot Ambassadors are already using the space.
- The proposal aims to make the hub official with a request of 1 DOT.
- Preparation for the agreement started months ago.
- The hub will follow rules specified in the Polkadot Hubs playbook.
- The community is encouraged to vote "Aye" to support the official launch.
- More details are available in the forum discussion.

Make the next Polkadot Hub official in Budapest, Hungary

### Subsquid Lab Proposal Summary

- **Proponent:** Subsquid Lab Official
- **Beneficiary:** Subsquid Lab Official
- **Location:** Zug, Switzerland
- **Email:** mf@subsquid.io
- **Description:** Funding for ongoing development and maintenance of Subsquid Archives and Giant Squid API.
- **Requested DOT:** 49,257.65 DOT ($288,157.30)
- **Previous Proposal:** [Referenda 372](https://polkadot.polkassembly.io/referenda/372)
- **Motivation:** 
  - **Archives:** Provide public data indexing for Substrate blockchains, supporting major projects like Polkassembly, Talisman, and RMRK.
  - **Giant Squid:** Open-source GraphQL APIs used by explorers and wallets, now maintained by LimeChain.
- **Achievements:** 
  - Enhanced query performance and ArrowSquid release.
  - Decentralized Archives testnet with 40,000 participants.
  - Supported ~650 projects in Q4 2023.
- **Statistics:** 
  - Served 1.32 billion queries in Q4 2023.
  - Highest daily total: 19.15 million responses.
- **Costing:** Combined costs for running Archives and Giant Squid, submitted to Polkadot treasury.

Subsquid Lab Official proposes ongoing development and maintenance costs for public Subsquid Archives and the Giant Squid API, requesting 49,257.65 DOT ($288,157.30) from the Polkadot treasury. The Archives provide access to on-chain data in GraphQL format for all major parachains on Kusama and Polkadot, while the Giant Squid API covers commonly used data for Polkadot, Kusama, and major parachains. The proposal includes raw data for the costs of running both services.

Subsquid - Public data indexing Infrastructure for Polkadot and Kusama (Q4 2023)

[Small Tipper] Referendum #1061

### Summary of Polkadot OpenGov Utility Batch Process

1. **Video Tutorial**: Learn how to use `utility.batch` with `treasury.spend` for USDC and USDT in this [video](https://www.youtube.com/watch?v=ak-me8G-MMo).
2. **Slides**: Detailed slides are available [here](https://docs.google.com/presentation/d/1onXYeGm4cFJlktsWJWi0YirNuYsQ5oe4/edit#slide=id.g27a15e6ec76_0_18).
3. **Cheat Sheet**: A handy cheat sheet for the process is [here](https://docs.google.com/spreadsheets/d/167TVq-PCqGVHI1MEP8EeaGc1zz2F5mmZgtcWCw2Ylgo/edit?gid=1373159512#gid=1373159512).
4. **Stable Results**: This method avoids unpredictable results and eliminates the need for frequent top-ups.
5. **Milestone Payments**: Proposers can be paid in stages, reducing risk for both the OpenGov Treasury and the proposer.
6. **Cancellation Option**: If a proposer fails to deliver, OpenGov can cancel the proposal using `treasury.voidSpend`.
7. **No More Top-Ups**: This process ensures stable and efficient treasury spending without the need for additional funds.
8. **Urgency**: It's important for everyone to know and use this method for better treasury management.

WHO: Polkadot OpenGov proposers and voters.

WHAT: Use utility.batch with treasury.spend call with USDC + USDT to deliver milestone by milestone and avoid guesswork and top-ups.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Polkadot OpenGov TOP-UP KILLER: utility.batch treasury.spends with USDC + USDT

### Polkadot System Parachain Collator Bounty Proposal

- **Purpose**: To fund the top-up of System Parachain Collators on Polkadot.
- **Coverage**: Includes five Polkadot System Parachains: AssetHub, BridgeHub, Collectives, Coretime, and People.
- **Funding Request**: Covers infrastructure costs and staking rewards.
- **Duration**: 6 months, starting July 1, 2024.
- **Amount**: 26,503.51 DOT for the five System Parachains.
- **Discussion**: Open for community input on Polkassembly.
- **Related Proposals**: Supplements previous proposals for System Parachain funding.
- **Goal**: To incentivize best performance, minimize censorship, and maintain system liveliness.

System Parachain Collators propose a bounty of 26,503.51 DOT for infrastructure costs and staking rewards for five Polkadot System Parachains. The funding will cover Asset-Hub, Bridge-Hub, Collectives, Coretime, and People for a 6-month runway starting on July 1, 2024.

Proposal for Top-Up for Funding of Polkadot System Parachain Collators

SmallTipper

### Dot Play: Accelerate Gaming Adoption of Polkadot

- **Project Overview**: Dot Play aims to accelerate the adoption of Polkadot in the gaming industry. They propose a 400k DOT bounty, adjusted from 1 million DOT, to demonstrate responsible stewardship of Treasury capital.

- **Background and Teams**: The team includes Nicholas Douzinas (Co-Founder of Ajuna Network) and Angela Dalton (CEO & Founder of Signum Growth), with deep experience in gaming and Polkadot.

- **Accomplishments**: The team has served as Lead Advisors to the Web3 Foundation, invested in Mythical, co-founded Ajuna Network, and successfully worked with Unity and Parity Technologies on the Polkadot SDK for Unity.

- **Vision**: Dot Play's goal is to position Polkadot as the top blockchain solution for games by focusing on high-growth genres, building integration tools, and providing sustainable business development support.

- **Why Now**: The current blockchain gaming environment presents an opportunity for Polkadot, as potential builders cite it as the most secure, scalable, and resilient platform.

- **Dot Play Bounty**: The bounty will serve as an accelerator for gaming and entertainment verticals on Polkadot, focusing on early-stage game development and large audiences.

- **Network**: Dot Play has extensive networks in gaming, esports, and blockchain gaming industries, which can benefit the Polkadot community.

- **Go-To-Market Strategy**: The strategy involves rolling out a multi-faceted approach depending on game genre, audience, and ease of Polkadot adoption.

big_spender

Dot Play proposes to accelerate gaming adoption of Polkadot by establishing a games accelerator for the ecosystem. They aim to focus on the highest growth genres and largest audiences within gaming, build essential integration tools, and provide sustainable business development support. They are requesting 400k DOT from the Treasury to fund game projects and will split profits 80/20 with the Treasury. Dot Play will also focus on developing a sustainable deal flow, creating a dedicated gaming portal within Polkadot, facilitating project onboarding to Polkadot, optimizing outbound support for parachain teams, and identifying and implementing ecosystem solutions to onboard game developers.

Dot Play Bounty

### OneBlock+ Hackathon Proposal Summary

- **Proponent**: OneBlock+ (12BJTP99gUerdvBhPobiTvrWwRaj1i5eFHN9qx51JWgrBtmv)
- **Requested Allocation**: 134,899 DOT
- **Hackathon History**: Organized 6 successful hackathons in Shanghai, Hangzhou, Chengdu, and Hong Kong from 2021 to 2023.
- **Participation**: Over 300 teams and 1000+ developers participated in these events.
- **2024 Plan**: Proposes to continue the Polkadot Hackathon from July to November 2024.
- **Locations**: Singapore and Bangkok in the second half of 2024.
- **Events Alignment**: Coincides with token2049 in September and Devcon in November.
- **Fund Allocation**: 30% for operating costs, 70% for rewards to winning teams.

WHO: OneBlock+

WHAT: Proposes to continue the Polkadot Hackathon program from July 2024 to Nov 2024 and bring it to Singapore and Bangkok in the second half of 2024.

PRICE/TIMEFRAME/RESOURCES: Requested allocation of 134,899 DOT to host, prize, and organize the 2024 Polkadot Hackathon in Singapore and Bangkok. Operating cost is 30% of the total cost, and 70% fees are distributed to the winning team as rewards.

Treasury Proposals