### Reactive DOT Library Proposal Summary

- **Purpose**: Continue funding for the Reactive DOT library, which simplifies Substrate chain interactions for developers.
- **Goals**: Enhance developer experience, promote Polkadot adoption, and provide intuitive front-end tools.
- **Achievements**:
  - Simplified chain data reading, multichain support, and comprehensive documentation.
  - Transaction submission and wallet management features.
  - Utility for handling planck units and account management.
- **Next Steps**:
  - Refine existing features based on user feedback.
  - Add support for React 19, Vue, Angular, and Svelte.
  - Research server-side rendering (SSR) for Substrate DApps.
- **Budget**: Request for 4 months of funding, totaling 15,378 DOT, to cover development and improvements.

Awarded

medium_spender

This proposal requests funding for the continued development of Reactive DOT library, which simplifies the development of Substrate DApps, enhances developer experience, and promotes Polkadot adoption. The proposal highlights the achievements of the library, including multichain support, transaction submission, wallet and account management, and utility to handle planck units. The proposal outlines the next steps, including refining existing features, adding new features such as React 19 support and support for additional frameworks, research on server-side rendering, and community-driven features. The proposal requests a budget of 15,378 DOT for a period of 4 months.

Reactive DOT: funding request for continuation of development

### Tokenguard Summary

- **Purpose**: Tokenguard is a tool designed to help DeFi, wallets, and parachains in the Polkadot ecosystem optimize user acquisition and conversion.
- **Features**: It offers cross-protocol tracking and CRM-like features to identify valuable user segments and their conversion paths.
- **Technology**: Supports Ink! Smart Contracts, XCM, Substrate Pallets, Polkadot native wallet apps, and EVM Smart Contracts.
- **Data Privacy**: Uses only publicly available on-chain data, respecting user privacy.
- **Expansion**: Plans to track DeFi wallets from Ethereum, Binance Smart Chain, Arbitrum One, and Avalanche.
- **Benefits**: Helps improve user engagement, wallet retention, and TVL growth by analyzing user behavior and conversion rates.

Tokenguard proposes to build a free public good wallet segmentation & conversion growth tool for Polkadot community. The tool will allow DeFi, Wallets and Parachains to engage users more to increase revenue and maximize TVL. The proposal is supported by more than 3M $DOT and will be based only on publicly available on-chain data. The tool will enable tracking of $DOT user inflow and outflow from the ecosystem, analyze cross-parachain activity, determine user interests in XCM, CeXes and bridges, and identify attractive parachains for users.

Polkadot User Segments & Conversions 👨‍👩‍👧‍👦 for Ink!, Pallets & XCM 

### KAGOME Treasury Proposal 3 Summary

- **KAGOME**: A C++ implementation of the Polkadot Host, contributing to client diversity in Polkadot.
- **Achievements**: 
  - Asynchronous backing, BEEFY integration, and a new Wasm engine.
  - Security audit by SRLabs.
  - Network topologies and security features.
- **Problem**: Client diversity is crucial for network security and resilience.
- **Proposal Scope**: 
  - Security improvements, network topologies, and validation protocol upgrades.
  - DevOps and QA maintenance.
- **Funding Request**: 
  - Quadrivium: 86,507 DOT
  - SRLabs: 54,888 DOT
  - Total: 141,395 DOT
- **About Quadrivium**: A blockchain infrastructure company specializing in client development.
- **About SRLabs**: A leading blockchain audit company focusing on security and resilience.

big_spender

WHO: Quadrivium and SRLabs

WHAT: Requesting funding for the next 4 months to continue development of KAGOME, a C++ implementation of the Polkadot Host, with additional features such as security improvements, grid and cluster topologies, and disabled validators mechanism.

PRICE/TIMEFRAME/RESOURCES: Requesting a total of 141,395 DOT. Full breakdown available in the proposal.

KAGOME – the C++ implementation of Polkadot Host milestone 3

- A proposal was submitted under Governance 1.0 (Gov 1) for a Treasury refund.
- The proposal was mistakenly submitted using the Gov 1 process instead of OpenGov, locking 500 DOT.
- The incorrect proposal can be viewed [here](https://polkadot.polkassembly.io/treasury/452).
- A correct proposal was later submitted and approved [here](https://polkadot.polkassembly.io/referenda/202).
- The objectives of the proposal were successfully achieved.
- A refund of the 500 DOT deposit is requested, similar to other cases.
- The refund is aimed at the Polkadot Ecology Research Institute.
- The community's support is appreciated.

big_tipper

WHO: Polkadot Ecology Research Institute

WHAT: Requesting a refund of 500 DOT deposit associated with a Governance 1.0 proposal that was mistakenly submitted and subsequently corrected.

PRICE/TIMEFRAME/RESOURCES: 500 DOT deposit. No specified timeframe or additional resources needed.

Refunding Polkadot Ecology Research Institute GOV1 Treasury Spend Deposit

small_tipper

SmallTipper

### FHE-WASM Research and Development for Polkadot

- **Objective**: Develop Fully Homomorphic Encryption (FHE) capabilities for the Polkadot ecosystem, focusing on WASMVM and blind auctions.
- **Benefits**: Enhances data privacy, regulatory compliance, and trust in decentralized environments.
- **Applications**: Includes payment systems, DAOs, voting, auctions, and AI data sharing.
- **Technical Approach**: Wrap bytecode files with FHE, focusing on value types and specific instructions.
- **Team**: Composed of 4 Ph.D. researchers and developers with backgrounds in ZK and FHE.
- **Milestones**: Includes research, key sharing protocol, FHE-Wasm implementation, and final documentation.
- **Budget**: $189,750 (33,884 DOT) requested for the project.
- **Communication**: Regular status reports and community engagement via GitHub, Element, Polka Assembly, and email.

WHO: FHEWASM Team, a group of 4 Ph.D researchers and developers.

WHAT: Develop an FHE-WASM module that accepts compiled .wasm files, public key 'pk', and specified input data as inputs, and outputs encrypted output data.

PRICE/TIMEFRAME/RESOURCES: Requested allocation of $189,750 (33,884 DOT) with a timeline of 6 months for completion.

PROPOSAL -  FHE-WASM Research and Development for the Polkadot Ecosystem

- **Context**: The proposal aims to create a user-friendly interface for interacting with Polkadot Bounties, addressing the challenges faced by non-technical users.
- **About Us**: Galaniprojects GmbH, based in Berlin, offers development, project management, and UI/UX design services across various industries, including Polkadot Parachain Kilt.
- **Proposal**: Initial funding is requested for the first milestone, with subsequent funding based on progress reports.
- **Full Proposal**: The detailed proposal can be read [here](https://docs.google.com/document/d/18Ao3AUZbiY5j82wxlr5BlW4OgjyxcU2dEM6y-Y53OfE/edit?pli=1).
- **Original Discussion**: The initial discussion can be found [here](../post/2365).
- **Update 12.08.2024**: The first progress report is available [here](https://docs.google.com/document/d/124n0fVhbkH6eS4qlEDX-8Dc01kGeS42DiCat6aCQUdY/edit?usp=sharing).
- **Update 20.09.2024**: The second progress report is available [here](https://docs.google.com/document/d/1pxJ3rFeCaC0R9RPhPRRrGoWthCNP-Ps1VHPUxqyadgo/edit?usp=sharing).

WHO: Galaniprojects GmbH

WHAT: Develop a user-friendly interface to interact with Polkadot Bounties without the need to use the developer-oriented polkadot.js apps.

PRICE/TIMEFRAME/RESOURCES: Funding for the implementation of the 1st milestone initially requested, with a request for funds for the second milestone after implementing and reporting on the first. Full proposal available in the attached document.

Treasury Proposal: Polkadot Bounty Manager UI Development

**Polkadot Sponsors Asia Blockchain Summit 2024**

- **Event:** Asia Blockchain Summit (ABS) 2024
- **Dates:** August 06-08, 2024
- **Location:** Taipei Nangang Exhibition Center
- **Founded by:** Andrew Fai and BlockTempo Media Group (2018)
- **Purpose:** Promote blockchain adoption and address regulatory issues
- **Polkadot Goals:**
  - Showcase Polkadot 2.0 and innovations like JAM Chain
  - Increase visibility in the global blockchain community
  - Foster partnerships and attract developers, partners, and investors
- **Expected Outcome:** Solidify Polkadot's leadership in the blockchain industry
- **More Info:** Visit the [ABS 2024 Website](https://abs.tw/) and read the full proposal [here](https://docs.google.com/document/d/1n5xnIjFvd1BqB3IwT22F3EmX3OT5k9mso_fR82L_huc/edit).

**Polkadot proposes to sponsor Asia Blockchain Summit 2024** to showcase Polkadot 2.0 and innovations like the JAM Chain, enhance visibility, foster partnerships, and attract new developers, partners, and investors. The event will be held from August 06-08, 2024, at the Taipei Nangang Exhibition Center. No information on the cost or resources required is provided in the abstract.

Asia Blockchain Summit 2024 Sponsorship

- **Project Overview**: Tap Nation proposes "Reward Mode" to bring 734,366 new users to the Polkadot ecosystem through mobile gaming.
- **Features**: Integrates tokens, NFT rewards, tutorials, and leaderboards into games, offering tangible crypto rewards.
- **Goals**: Educates players about the Polkadot ecosystem and promotes blockchain technology.
- **User Acquisition**: Plans to create 73,437 new wallets monthly, totaling 734,366 wallets, funded by user acquisition costs.
- **Team**: Tap Nation has over 1 billion downloads and 60 million monthly active users, led by Philippe Lenormand, Head of Web 3.
- **Partnerships**: Collaborates with Polkadot ecosystem partners and Unique Network for technical support and UNQ tokens.
- **Benefits**: Enhances player engagement, educates about crypto, and leverages Polkadot's interoperability and security.
- **Milestones**: 12-month project with a total cost of 357,300€, focusing on development and user acquisition.

Tap Nation proposes "Reward Mode," integrating tokens, NFT rewards, tutorials, and leaderboards into mobile gaming. They aim to bring 734,366 new users to the Polkadot ecosystem, requesting €357,300 for user acquisition costs. The project will educate players about Polkadot and promote blockchain education. Tap Nation plans to expand their gaming portfolio and propose new Web3 concepts. The project benefits players, developers, crypto enthusiasts, and the Polkadot community. The project duration is 12 months, and the milestones ensure a gradual and successful integration of the crypto reward mode into the selected games.

"Reward Mode" - Unlocking Gaming Rewards with Polkadot.  TapNation is introducing 734,366 new users to the Polkadot ecosystem, adding 73,437 new wallets every month throughout the partnership period.

- Alzymologist revised their proposal after community feedback rejected Referendum #736.
- The Dock station is no longer part of the project due to concerns about complexity.
- Metadata-related work has been omitted from the proposal.
- Ecosystem-wide UX improvement work is not included in this proposal.
- The project has four milestones with specific tasks and durations.
- The team includes various roles such as UX Lead, Embedded Rust Engineer, and Manufacturing Technician.
- The total budget is €565,000, including a 10% safety margin.
- All personnel will be employed by Alzymologist Oy, a Finnish company.

Alzymologist has revised their proposal for Kampela firmware and Siltti hardware design, removing the Dock station and metadata-related work. The proposal includes a breakdown of milestones, team composition, and budget, with a total cost of €565,000 for a duration of 20 weeks. Alzymologist Oy, a registered Finnish company, will be the recipient of the funds.

Kampela Productizing Proposal, Redux

### OpenZeppelin's Third Proposal for Polkadot Parachains

1. **Objective**: Accelerate secure parachain development in the Polkadot ecosystem.
2. **Recent Achievements**:
   - Completed and audited the Generic Runtime and FRAME Pallets.
   - Engaged with the community through 10+ meetings and a workshop at Sub0 in Bangkok.
3. **Current Request**:
   - Develop the Second Parachain Runtime Template.
   - Continue community engagement and workshops.
4. **Goal**: Ensure deliverables meet the needs of the Polkadot community.
5. **Transparency**: Maintain open progress and welcome community feedback.
6. **Full Proposal**: Available [here](https://docs.google.com/document/d/1EIsB5HAr3EeYh8guVvHylRfLPvw4tlN7JLcodvri5q8/edit?usp=sharing).

OpenZeppelin requests funding to develop the Second Parachain Runtime Template and engage further with the Polkadot ecosystem. The proposal aims to accelerate the development and deployment of secure parachains in the Polkadot ecosystem. No information is provided regarding the price, timeframe, or resources.

Proposal: OpenZeppelin x Polkadot Ecosystem Growth Phase M3

### Referendum #644: "Top Up"

- **Proponent:** ORSEN_SEAN
- **Beneficiary:** Multi-sig with 9 community members
- **Status:** In contract negotiation for a sports sponsorship
- **Funds:** No funds transferred yet; requires full disclosure of terms
- **Requested Funds:** 598K DOT
- **Purpose:** To cover a price difference and add a 15% buffer for volatility
- **Previous Request:** 968k DOT in Referendum #644
- **Conditions:** Any excess funds will be returned to the treasury if DOT price increases

WHO: Multi-sig with 9 trusted members of the community. 

WHAT: Requesting 598K DOT to cover the price difference for a community-approved sports sponsorship proposition. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Requesting "Top Up" of Approved Ref #644 due to DOT price change

**LiteScan**

- LiteScan is a simple indexer for Polkadot and its parachains.
- It helps you quickly store and access blockchain data.
- Developed by Piero ([pifragile](https://github.com/pifragile)).
- Uses MongoDB to store data like blocks, transactions, and events.
- Easy to set up with a Docker setup.
- Used by Encointer for their accounting backend.
- Available on GitHub: [LiteScan Repo](https://github.com/pifragile/litescan).
- A tip of 868 DOT is proposed to support its development.

WHO: Piero (pifragile).

WHAT: Developed LiteScan, a lightweight indexer for Polkadot chains that allows anyone to run their own indexer in minutes.

PRICE/TIMEFRAME/RESOURCES: A proposed tip of 868 DOT for retroactive support. No other information provided.

Retroactive Tip for the development of LiteScan - A lightweight indexer for Polkadot Chains

### Summary of the Proposal

- **Purpose:** To reward three individuals for their help in organizing the Arts DAO Fest in Dubai.
- **Senior Art Curator:** Helped with exhibition planning and artist relations. Received 428 DOT and $2,500 USD for 5 days of work.
- **Linda:** Assisted with event preparation and booth design. Received 171 DOT and $1,000 USD for 2 days of work.
- **Zenab Chatir (UAE Candidate Ambassador):** Helped at the event booth and with preparation. Received 171 DOT and $1,000 USD for 2 days of work.
- **Total Compensation:** 770 DOT and $4,500 USD.
- **Impact:** The curators and ambassador continue to support the local community and the Polkadot ecosystem.
- **Beneficiary Multisig:** A special account (12Bzsu3L2ccuHaVq5pUuKKq81GVhwyrga7bYPfFAEfzwY9iV) will manage the funds.

This proposal aims to tip two art curators and a Polkadot candidate ambassador based in the UAE for their assistance with the preparations for the Arts DAO Fest in Dubai. They will receive a total compensation of 770 DOT and $4500 USD for their work during the event.

Proposal to Tip Art Curators and a Polkadot Candidate Ambassador in the UAE.

### Polkadot and Real-World Asset Tokenization

- **Polkadot's Goal**: Position Polkadot as the top blockchain for digitizing financial and real-world assets (RWAs) like sustainability, food, and renewable energy.
  
- **Major Players**: Big companies like BlackRock, JP Morgan, Barclays, and Citibank are investing in blockchain and tokenization, showing a growing interest in this technology.

- **BlackRock Example**: BlackRock launched a tokenized fund on Ethereum, raising $160 million, showing strong market interest in tokenization.

- **Citibank and Barclays**: Citibank is exploring tokenizing private markets, while Barclays is testing tokenized deposits, aiming to modernize financial systems.

- **Broader Applications**: Blockchain is also being used in sustainability (carbon markets), food traceability, and renewable energy trading, showing its potential beyond finance.

- **Leadership**: Ben Sheppard and Stanley Boots are leading efforts to promote Polkadot in financial and other sectors, leveraging their experience in finance and blockchain technology.

- **Strategic Plan**: The plan includes establishing thought leadership, engaging through digital media, creating content, and building partnerships to drive Polkadot's adoption.

- **Fees and Team**: The project costs $90,750, with Ben Sheppard and Stanley Boots leading, and Rob Holmes contributing, focusing on healthcare and infrastructure sectors.

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

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

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

TIMEFRAME: 6 months. 

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

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

- **Proponent:** DavidCC
- **Requested DOT:** 13,855.6 DOT (worth $91,585.58 at $6.61 per DOT)
- **REF651:** Approved for $566,100 (68,868 DOT at $8.22 each)
  - Received funds on 2024-05-12: 68,868 DOT worth $460,726.92 (missing $105,373)
- **REF742:** Approved for $980,000 (138,218 DOT at $7.09 each)
  - Received funds on 2024-05-12: 138,218 DOT worth $460,726.92 (refund $13,787.42)
- **Request:** Approve integration of $91,585.58 (13,855.6 DOT at $6.61 each)

WHO: DavidCC
WHAT: Requesting approval for integration of 13.855,6 DOT (91585,58 $) for an undisclosed purpose.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Volatility adjustment for REF651 and REF742

- The post discusses a proposal for a "Small Spender tip" within the Polkadot community.
- It highlights the use of millions of dollars in marketing through Open Gov, often resulting in blame being placed on an imaginary "Polkadot Team" for failures.
- A Twitter user known as the "Polkadot keyboard warrior" is praised for spreading knowledge and recruiting bright minds.
- The community is described as inclusive, with a culture that values nerds and innovation.
- The proposal suggests awarding 50 DOT to the "Polkadot keyboard warrior" as a tip.
- The post includes several images and references to community voting and OpenGov.
- The author acknowledges that the ad for "KOLKADOT" is paid by the Near Foundation.

WHO: The Polkadot Team 
WHAT: Proposing a Small Spender tip of 50 DOT for the keyboard warrior 
PRICE/TIMEFRAME/RESOURCES: Not specified

Small Tip Proposal: We live in a society

### Polkadot Education

- **Purpose**: A web and mobile app to teach blockchain and Web3 to enterprises.
- **Features**: 
  - Structured learning from basics to advanced Polkadot.
  - NFTs for tracking progress and rewarding learning.
  - Hands-on experience with Polkadot’s parachains.
- **Market**: High demand from major companies, including one of Brazil’s top firms.
- **Unique Selling Point**: Focus on practical, hands-on learning tailored for enterprises.
- **Team**: Experienced developers and designers with expertise in blockchain and Web3.
- **Goal**: To meet the growing need for blockchain education in businesses.

WHO: Polkadot Education

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

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

Polkadot Education - Polkadot Onboarding for Business

### Kudos Portal Summary

- **Context**: The Kudos Portal was created by Polkadot Blockchain Academy graduates to help developers find roles in the Polkadot ecosystem, which has over 25,000 repositories.
- **Features**: The portal aggregates repositories, categorizes projects, and helps developers find opportunities matching their skills.
- **Challenges**: The Polkadot ecosystem is complex, making it hard for developers to find suitable projects and for project teams to attract contributors.
- **Solutions**: The Kudos Portal plans to introduce project homepages, contributor profiles, personalized notifications, a community wishlist, metrics pages, and curated issues to improve the developer experience.
- **Team**: The team consists of experienced software engineers with backgrounds in blockchain and Web3, who have won several hackathons.
- **Request**: The team is seeking $128,000 (17,822.33 DOT) to fund the development of the Kudos Portal for one year.

Kudos Portal team proposes to improve the Polkadot developer experience by introducing innovative features such as project homepages, contributor profiles, personalized notifications, community wishlist, metrics pages, and curated issues. They request $128,000 (17,822.33 DOT) for a year to fund the development of the Kudos Portal.

Kudos: Unlocking the Full Potential of Polkadot’s Developer Community

- **Proponent:** Merkle Science
- **Date:** June 6, 2024
- **Requested Amount:** $43,200 or 6702 DOT
- **Purpose:** Renew 4 API licenses for Subscan, Fearless, PolkaGate, and Subwallet to display account attributions.
- **Previous Funding:** Merkle Science was funded in 2021 to onboard Polkadot and provide tools for the Anti-Scam Team.
- **Current Usage:** 3 of the 5 licenses are currently in use by Subscan, Fearless, and PolkaGate.
- **Benefits:** Protects users from scams, provides transparency, and helps avoid sanctioned accounts.
- **License Details:** Provides access to a database with over 1 million address attributions and allows 10,000 queries per year.

small_spender

**WHO:** Merkle Science

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

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

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

Treasury proposal for renewal of API licenses for Blockexplorers

- Virtune AB, a regulated Digital Asset Manager, is proposing a campaign to promote a 1:1 Spot Backed Polkadot ETP.
- The campaign aims to increase investor interest in Polkadot by offering a fully regulated, staked ETP.
- Virtune has 89 million in assets under management and operates in multiple Nordic countries.
- The campaign includes digital and in-person advertising, seminars, and appearances on financial channels.
- Virtune is requesting 89,945 DOT ($571,150 USD) to fund the campaign, with a projected ROI of $4.4 million.
- The campaign targets 2,830 new clients with an average investment of $1,750 per client.
- Virtune's Polkadot ETP offers a 4% annual staking return on top of Polkadot's performance.
- The campaign is expected to attract more investors to Polkadot and increase its visibility in the Nordic regions.

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

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

- **Issue**: Referendum #734 failed due to a technical oversight, specifically the absence of a pre-image.
- **Links**: Information about the failed referendum can be found on [Twitter](https://x.com/CultureDot1/status/1793330055856218225) and [Polkassembly](https://polkadot.polkassembly.io/referenda/734#zgUbn9UTtQtpl0EK1Njg).
- **Verification**: The beneficiary wallet shows no deposits for this referendum, confirming the issue.
- **Details**: The original proposal details remain unchanged, including the visual refresh, amount requested, and cost reduction.
- **Questions**: All questions from the original submission have been answered.
- **Responsibility**: The team takes full responsibility for the oversight, which could jeopardize the proposal's re-passing.
- **Future**: No further refill will be requested if the proposal fails again.
- **Apology**: The team apologizes for the confusion and appreciates understanding.

The proposal Ref #734 did not execute due to a technical oversight. The information for the original proposal remains the same, including the visual refresh, amount requested, and reduction of cost. No further refill will be requested. CD1 takes full responsibility for the oversight. No price, timeframe, or resources mentioned.

Treasury Proposals