candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

Reorganize Advisory Committee

- Shell upgraded Statemint's runtime, but block production failed due to key type mismatch.
- Aura uses sr25519 keys, but Statemint's genesis keys were ed25519.
- A temporary runtime was created to allow ed25519 keys in Aura.
- This fix will be enacted on the Relay Chain for validator signature validation.
- Once block production resumes, Aura will be upgraded back to sr25519 keys.
- Call hash: `0x0e21b5233c7591ee89eca0cae71cf9a9a4c45fe2393075ab33361a673f5d322d`
- Preimage: ![](https://i.imgur.com/pUVsJGR.png)

Fix Statemint - Aura Key Scheme

### Proposal Summary

- **Objective**: Register the foreign asset USD Coin (Moonbeam Wormhole).
- **Asset Address**: The USDC Wormhole contract on Moonbeam is located at [0x931715FEE2d06333043d11F658C8CE934aC61D0c](https://moonscan.io/address/0x931715FEE2d06333043d11F658C8CE934aC61D0c#code).
- **Usage**: USDC will be available as a base asset in prediction markets.
- **Fee Payment**: USDC can be used to pay fees.
- **Fee Conversion**: The initial fee factor is approximately 0.038 USDC per ZTG.

Onboard USD Coin (Moonbeam Wormhole)

### Summary of HRMP Channel Proposal

- **Proposal**: Accept HRMP channel between Bifrost (Kusama) and Moonriver.
- **Main Use**: Transfer BNC from Bifrost to Moonriver.
- **Technical Steps**:
  - Execute acceptance in Kusama using `hrmp.hrmpAcceptOpenChannel`.
  - Use PolkadotXcm pallet to send XCM message to Relay Chain.
  - Requires ~5 KSM as collateral and additional fees for execution.
- **Proposal Hash**: `0xb9a83527d40a4d28321346eb73e9ad5431d3cc82d7330a12fab098324f750f96`.
- **Call Data**: Hex-encoded data provided for channel acceptance.

Accept HRMP Channel from Bifrost to Moonriver

### Advisory Committee Prime Member Election

- **Objective**: Elect the first prime member of the Advisory Committee.
- **Role**: Oversees approval/rejection of markets, regulates registrars, and enforces guidelines.
- **Decentralization Goal**: Aim to include more community members.
- **Changes**: Since version 0.3.9, a single vote no longer approves a market.
- **Issue**: Increasing thresholds and membership lead to more abstentions.
- **Solution**: Prime member receives all abstentions at proposal end.
- **Internal Vote**: Current advisors voted internally using on-chain remarks.
- **Public Scrutiny**: Proposal aims to make this decision transparent to the public.

Elect first prime member of the Advisory Committee - public proposal #13

- Marvin Tong is the founder of Phala Network.
- Phala Network uses a special technology called TEE-Blockchain Hybrid Architecture.
- Marvin wants to help with KUSAMA identity services, especially for the Chinese community.
- He plans to follow a process designed by Chevdor for identity verification.
- His goal is to share the workload, not to create new methods.
- He asks the committee to reject his idea if the system isn't ready yet.
- Marvin is volunteering his time for this service.

On chain democracy proposal

### Summary of DOT Integration on Zeitgeist

- **Purpose**: To register DOT as a foreign asset on Zeitgeist and allow it in pools to improve liquidity.
- **Liquidity Benefit**: DOT has a high market value (around 10,000 times more than ZTG), making it a significant asset for liquidity.
- **Technical Compatibility**: DOT has the same fractional decimal places as ZTG, so it can be used in markets without code adjustments.
- **Testing**: DOT integration was successfully tested on Battery Station, with all parties approving its move to the mainnet.
- **Demo Market**: A prediction market using (fake) DOT as a base asset is available for interaction at [test.staging.zeitgeist.pm/markets/625](https://test.staging.zeitgeist.pm/markets/625).
- **Fees**: When receiving DOT from Polkadot, fees are charged in DOT, calculated as `0.0143120520` times the ZTG fees.
- **Fee Calculation**: The fee ratio is based on the 25-week moving averages of ZTG and DOT prices.

Register DOT and enable it as a prediction market base asset

Accept HRMP open channel request from Moonbeam

On chain council motion

- This proposal suggests opening a channel to HydraDX.
- It needs approval from both Polkadot and HydraDX governance bodies.
- A similar channel was tested before Battery Station moved to Rococo.
- The proposal sends XCM data to Polkadot, which runs a specific command.
- The command is `hrmp.hrmpInitOpenChannel(2034, 1000, 102400)`.
- This command asks to open a channel between Polkadot and HydraDX.
- The channel will allow 1000 messages and 102,400 bytes of data.

Init HRMP open channel request to HydraDX

- A referendum to open a channel to HydraDX passed.
- The XCM message was sent and executed.
- The channel didn't open because Zeitgeist's account on Polkadot lacked funds.
- The account now has enough funds.
- The XCM message can be sent again to open the channel.

Democracy Referenda