- Snowbridge is a new bridge that connects Polkadot and Ethereum, launched recently with no problems.
- It is designed to work without needing a third party, making it safe and trustworthy.
- Snowbridge is important because it helps different blockchains communicate better.
- The team has already started working with other partners to grow the network.
- A proposal has been made to finalize payments for the team's work and future tasks, totaling about $10 million.
- This proposal includes funds for costs like auditing and team incentives to ensure future success.
- They aim to ensure safety for users of the bridge with long-term insurance guarantees.  
- People can try out Snowbridge using their app.

Snowbridge, a trustless bridge between Polkadot and Ethereum, has launched and completed its milestones. They propose a payment of 505157 DOT and 2812500 USDC (~5,797,500 USD) for audit and operational costs, milestone completion bonuses, and successful operation incentives. The proposal adds additional controls on team incentives and medium-term insurance guarantees for bridge users. The proposal details can be found at https://spinamp.mypinata.cloud/ipfs/QmRSkK7YVbnTDYCsgWhyfvDydtbSi1uyWDbRDrxPvnPzmi.

Snowbridge Launch and Treasury Proposal

**Phink, the Ink! Fuzzer**

- Phink is a free tool that helps make ink! smart contracts safer in the Polkadot ecosystem.
- It uses advanced techniques to find problems in smart contracts, making them more secure.
- Phink checks for specific rules to make sure contracts work correctly and don’t have bugs.
- It is flexible and works well with different versions of ink! smart contracts.
- The tool is easy to use, with a friendly interface that shows how the contract is performing.
- The team, SRLabs, is asking for money to help build Phink and improve smart contract security.
- They want feedback from the Polkadot community to make sure Phink meets everyone's needs.

SRLabs proposes to develop an open-source fuzzing tool, Phink, for ink! smart contracts in the Polkadot ecosystem. The tool aims to enhance security testing, comprehensive invariant testing, broad compatibility, and user-friendliness. SRLabs seeks funding for the development of the tool, including a fuzzing harness, custom instrumentation, user-friendly interface, and documentation. The proposal invites feedback from the Polkadot community.

Phink – ink! fuzzer for security and robustness  

- The writer is requesting compensation for creating a document that proposes a new structure for the Polkadot Ambassador Program.
- The document took around 4 hours to create, and the writer is asking for $50 per hour, totaling $200.
- The writer believes this rate is justified due to their technical experience in the Polkadot space.
- The document aims to show how easy it is to contribute to Polkadot and earn rewards, potentially leading to becoming an ambassador.
- The writer thinks the value generated by the document exceeds $200.
- The decision on whether to approve the compensation is left to DOT holders.
- Evidence of the time spent creating the document can be found in the version history of the HackMD page.

WHO: The author of the TIP proposal. 

WHAT: Requesting compensation for the time spent writing a proposal for a new structure to the Polkadot Ambassador Program. 

PRICE/TIMEFRAME/RESOURCES: $50 per hour for approximately 4 hours of work. The author believes the value generated by the document is more than $200, but leaves it to DOT holders to decide.

[Small Tipper] Referendum #1025 - Creating a new vision for Polkadot Ambassador Program

Polkasafe Summary

- Polkasafe is a tool for managing assets securely on the Polkadot network. 
- It has reached all its project goals over the past 8 months, getting feedback from users.
- The tool is built using strong security features and offers many helpful functions.
- Some completed features include dashboards, accounting software integration, and NFT support.
- Polkasafe plans to keep improving, with open-source technology and ongoing user support.
- Future improvements include faster performance and better user experience.
- Users can visit the app at app.polkasafe.xyz for more information.

Polkasafe completed all milestone tasks to become a complete solution for asset management using multisig on Polkadot networks. They offer a comprehensive set of tools and features for managing assets on the Polkadot network. They completed all milestones and plan to improve the product performance further. The entire tech stack for the product is open source. Read the complete proposal for more details.

Polkasafe - The 360° multisig solution for Polkadot | Last Retroactive Funding Proposal

- A request was made for $165,000 to develop a Coretime Marketplace for Polkadot.
- The team reached their first milestone and is close to finishing the second.
- They launched the parachain on Rococo and will soon support Coretime trading.
- The payment received was less than expected due to a drop in the price of DOT.
- They received $116,446 instead of the full amount.
- They are asking for an extra $48,554 to cover the price difference.

WHO: The proposal was made by the Coretime team.

WHAT: The team is requesting a top-up of $48,554 USDT to cover the price difference for the development of a Coretime Marketplace for Polkadot.

PRICE/TIMEFRAME/RESOURCES: The initial request was for $165,000 at 9.478$ per DOT. The team received $116,446 at 6.69$ per DOT. The top-up request is for $48,554 USDT. No timeframe or additional resources were mentioned.

Top Up | RegionX Coretime Marketplace for Polkadot

**StorageHub Overview:**

- StorageHub is a project by Moonsong Labs, supported by the Web3 Foundation.
- It is designed to be an open-source, decentralized storage solution for large files.
- StorageHub works well with Polkadot, making it strong, flexible, and easy to use.

**Key Features:**
  
- It has a simple setup and doesn’t need complicated systems.
- It includes a Main and Backup Storage Provider for better data security.
- Payments are easier with ongoing contributions instead of just one-time payments.

**Additional Information:**

- Moonsong Labs wants to make sure the code is safe by getting it audited by experts at SRLabs.
- They welcome feedback from the community to improve StorageHub.

Moonsong Labs received a grant to develop StorageHub, a decentralized storage solution for Polkadot. They are seeking funding for an audit of the codebase by SRLabs to ensure security and reliability. No specific price or timeframe is mentioned.

StorageHub’s Codebase Audit

Referendum 631 top up due to DOT price change

### Summary

- **ink! analyzer** is a tool for analyzing [ink!](https://use.ink) smart contracts, similar to how [rust-analyzer](https://github.com/rust-lang/rust-analyzer) works for Rust.
- It helps developers by providing intelligent editing features and understanding ink! contract rules.
- The tool is available as a [Visual Studio Code extension](https://marketplace.visualstudio.com/items?itemName=ink-analyzer.ink-analyzer) with over 415 unique installs.
- It has a modular architecture that allows it to be used in various IDEs and code editors that support the Language Server Protocol (LSP).
- The current proposal requests $56,750 for adding ink! 4.x to 5.0 migration features and other improvements.
- Previous funding for the project came from Web3 Foundation grants and a retroactive treasury proposal.
- The author, David Semakula, is an experienced software engineer and systems architect with contributions to both rust-analyzer and ink!.

WHO: David Semakula
WHAT: Requests retroactive funding of $56,750 for adding ink! 4.x to 5.0 migration features and other major improvements to ink! analyzer.
TIMEFRAME: Not specified.
RESOURCES: ink! analyzer, modular and reusable libraries and tools for semantic analysis of ink! smart contracts.

ink! Analyzer: Retroactive funding for ink! 4.x to 5.0 migration features, and other major improvements (56,750 USDT)

- The Polkadot Fellowship has a new feature called `spend()`.
- This feature allows different types of payments in cryptocurrencies like DOT and USDT.
- It was added with the Polkadot Runtime 1.1 upgrade.
- The goal is to test the `spend()` feature by sending Alice and Bob 69 USDT, which is a funny number.
- Changes include faster payments and the ability to pay in stable currencies.
- The test showed some instructions were incorrect, which could lead to errors.
- The payment goes to a company account called Polkalytics.
- This proposal is being carefully reviewed to fix any issues before going live.

The proposal aims to raise awareness and test the new `spend()` extrinsic introduced by the Polkadot Fellowship, which supports multi-asset Treasury spends from an XCM multi-location to be paid out at a specific block. The proposal suggests sending 69 USDT to Alice and Bob's Polkalytics account to test the extrinsic. No timeframe or additional resources are mentioned.

Treasury Spends