KSM RFP #1 - Shielded Kusama Hub Transfers - $50k Total Prize!

5mos ago

Executed

Content

AI Summary

This RFP was adapted over several weeks on AAG to turn a treasury proposal in discussion to an RFP with refined scope and oversight.

To apply for the prize pls fill out this form.

Prize Pool: $43,000
Finder’s Fee: $2,000 **
Supervisors: $5,000

Supervisors (Bounty Curators)

Flipchan
Byte (Erin)
James Slusser

Excess or unused funds will be returned to the treasury by Bounty Curators.

Timeline

Monday, March 17 - AAG Discussion & this forum post! ✅
Monday, March 24 - Single-ref Bounty + Curators ✅
4 Weeks after Bounty Funding - Submission Deadline Thursday
July 31 - Project Completion (Pending Kusama Hub Launch)

Project Scope

Smart Contract Development

A Solidity-based smart contract deployed on Kusama Hub
ZK enabled for private deposits & withdrawals
Compatibility with all Kusama Hub assets

User Interface

Browser-based, mobile-ready UI hosted on IPFS
Support for: Deposits, Withdrawals, Transfers, XCM Transfers
Compatible with popular ecosystem wallets (Nova Wallet, Talisman, Subwallet)

Anti-correlation Attack Mitigations:

Fixed deposit amounts (e.g. 1, 10, 100, 1000 units)
Batch payouts for withdrawals to multiple users
Interoperability
Ability to receive assets via XCM from any Kusama-connected parachain and transfer them to Kusama Hub for use in shielded pool.

Open-Source Delivery

All code (smart contracts and UI) published under the MIT license
Publicly accessible repositories Project updates shared transparently via Polkassembly, Subsquare, or Polkadot Forum from Team with Milestone deliveries
Developer & User documentation

Milestones

Milestone 1, Initial Pools & Basic UI:
$16,200 USD
1 month

Tests - Smart contract test
Smart contract - ZK shielded smart contract with KSM and multi asset support on Westend or Paseo
Basic UI - A basic UI for interacting with the smart contract

Milestone 2, UI + XCM:
$9,900
1 month

Tests - tests for all features
User interface design - UI design
XCM transfers - XCM transfer assets in UI
Fixed amount transfer only - Allow fixed amount transfers in the UI

Milestone 3, Mainnet Deployment:
$16,900
1 - 1.5 months

Contract Migration to Kusama Assethub - Migrate contract from Testnet to Kusama Hub
Public documentation - Documentation for using Kusama shield and developer integration documentation
Test - tests for contract
V1 UI - User tested & something we can be proud of

** re: Finder’s Fee: this payment is set aside to incentivize a broad search for the right implementor. Finder’s Fees are paid out at time of team engagement. Teams that submit themselves can collect their own Finder’s Fee at completion of project.

Edited

Status

Decision14d

Confirmation

Attempts

Tally

88.9%Aye

50.0%Threshold

11.1%Nay

Aye

≈242.8KKSM

Nay

≈30.21KKSM

0.0%
0.0%
Threshold
0.0%

Support

0.52%

≈82.89KKSM

Issuance

≈15.94MKSM

Votes

Nested

Flattened

Calls

Check how referenda works here.

Call

Metadata

Timeline6

Votes Bubble

Curves

Statistics

Comments

HcEb...jJ5F

Shouldn't these bounties be created after the W3F has decided the procedure for disbursing the funds? As of now, we don't even know that these funds will be disbursed to the Kusama treasury at all.

GLV8...LLYg

Aye.
Yet the only concern from my opinion is the budget looks too small to achieve a truly useful privacy tool, and the estimation of workload for each milestone just underestimated.

I will say give at least 2~3 times more to make it reasonable.

HgsK...2Au3

Since we introduced this on the AAG, I have been talking to successful ZKsnarks teams with a launched/viable product, to make it a common good system like this, will take much more than 50k usd. for something like this to be implemented in an open source fashion with Governance in place will take 50 to 100x what you are offering. Yes we want missionaries doing this but I find it very unlikely to achieve. I will also like to point out that core developers/fellowship will need to be active and available for this to run and be implemented the fastest way possible to take into account forward compatibility with 2.0, plaza, Jam etc.

Having said this i do support this initiative, if the goal can be achieve for that amount is a mega+ for the ecosystem.

Edited

Fa6m...wiBr

Dear Proposer,

Thank you for your proposal. Our second vote on this proposal is AYE.

The Treasurer track requires 60% quorum according to our voting policy. This proposal has received eight aye and zero nay votes from ten members, with one member abstaining. Below is a summary of our members' comments:

The majority of voters expressed support for the project, viewing it as a necessary and positive initiative. While some voiced concerns about the funding amount being potentially insufficient for long-term maintenance and suggested the possibility of involving multiple teams, the overall sentiment remained optimistic. Many acknowledged the project's low cost and its role in revitalizing Kusama, appreciating the introduction of a Request for Proposals (RFP) culture as a step forward.

The full discussion can be found in our internal voting.

Kind regards,
Permanence DAO

Edited