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Able to spend up to 333,333.3333 KSM from the treasury at once

treasurer

- The post requests a top-up for the Moderation Team Bounty.
- The top-up is needed due to current market conditions.
- Changes have been made to the initial proposal.
- Details and spending analysis are available in a linked document.
- The original bounty top-up post is also linked for reference.
- The community is thanked for their attention.

Approved

WHO: The community.

WHAT: Requesting a top-up to the Moderation Team Bounty to continue funding their contributions and support.

PRICE/TIMEFRAME/RESOURCES: Details can be found in the proposal linked.

Treasury Proposal: Moderation Team Bounty Top-up

### Proposal Summary

- **Requested Amount:** 50,000 KSM
- **Date:** 26.11.2024
- **Context:** Bifrost is a Liquid Staking app-chain on Polkadot with over $77M in Total Value Locked (TVL).
- **Proposal:** Requesting a 18-month loan of 50,000 KSM from the Kusama Treasury for base liquidity in Bifrost Stable Swap.
- **Previous Proposals:** Similar proposals were successfully executed in 2022 and 2023, bringing substantial income to the Kusama Treasury.
- **Repayment:** The loan will be repaid with interest, with the last repayment scheduled for November 2024.
- **Benefits:** Enhances liquidity for vKSM, supports broader use-cases across the ecosystem, and increases staking rewards.
- **Use Cases:** Includes governance capacity inheritance, leveraged staking, and chain abstraction for KSM liquid staking.
- **Motivation:** To facilitate capital flow of KSM staking, empower KSM staking across Kusama and Polkadot, and enhance network security.
- **Implementation Plan:** Includes expanding vKSM applications on Polkadot and other networks, leveraging Interlay Value, Hydradex omnipool, and DCA strategies.
- **Liquidity Management:** Funds will be managed through Bifrost Stable Swap and Hydration Omnipool, with transparent borrowing and repayment processes.

Executed

Treasury proposal: KSM liquidity subsidy for KSM liquid staking token - vKSM

TimedOut

Please vote nay: Proposal with incorrect params

### Summary

- **Bifrost** is a Liquid Staking app-chain on Polkadot, enabling users to earn staking rewards and DeFi yields across multiple chains.
- It has a high Total Value Locked (TVL) of over $70M and supports liquid staking for various networks like Kusama (vKSM), Ethereum (vETH), and more.
- Bifrost is requesting 50,000 KSM from the Kusama Treasury for 18 months to provide liquidity for KSM and vKSM pairs.
- This proposal is similar to successful previous requests in 2022 and 2023, which brought substantial income to the Kusama Treasury.
- Bifrost plans to repay the loan with interest, enhancing Kusama's network security and user participation in staking.
- The proposal includes plans for new features like Leveraged Staking and Chain Abstraction for KSM liquid staking.
- Bifrost aims to facilitate capital flow in KSM staking and empower KSM staking across Kusama and Polkadot.

Rejected

- Will, the Ecosystem Janitor, wants to remove four bounties from the list.
- Three bounties were submitted by Tom StakePlus, totaling 100,000 KSM.
- One bounty was supported by Alex (former HA), worth about 5,500 KSM.
- All these bounties were voted on by the community but did not pass.
- Alex said the team won't continue with these bounties.
- Will believes enough time has passed since Tom's attempts.
- Will wants to keep the bounty list relevant.
- **Note:** Bounty 27 needs the curator to accept it.

WHO: Will, Paradox, Ecosystem Janitor

WHAT: Putting four bounties to rest, totaling 100,000 KSM and 5500KSM, that did not pass community vote

PRICE/TIMEFRAME/RESOURCES: Not specified

Three grifts and a comrade

- Referendum 382 issued three payouts totaling 3 KSM from the Kusama Asset Hub Treasury.
- The first payout of 1 KSM was successful.
- The second payout of 1 KSM will be available after block number 23105000.
- The third payout of 1 KSM will be available after block number 23255000 but will be voided.
- The voiding of the third payout can be verified on-chain using Polkadot-JS UI.
- The voiding process is part of testing the void spend functionality.

Test VoidSpend functionality for Treasury Payouts

Funding Brale integration into Kusama Asset Hub to introduce branded stablecoins (v3)

Bounty Closure Proposal: n.16 and n.21

### Summary of Virto Team Proposal

- **Funding Request**: The Virto team seeks funding at a reduced rate of 260 KSM per 6-day period for the remainder of 2024.
- **Purpose**: To develop light and modular client-side tools, specifically the VirtoSDK, which is multi-platform and usable in embedded hardware.
- **Focus Areas**: The team will create pallets and propose changes to enhance the PolkadotSDK, focusing on practical functionalities like reversible payments, powerful DAOs, and decentralized chat room controls.
- **Community Involvement**: They plan to test and refine these functionalities in their parachain, Kreivo, and invite community suggestions for new features.
- **Long-Term Goal**: The team aims to become self-sufficient by offering solutions as a service and tackling social inequality through the local incentives protocol.

Virto team proposes to continue developing VirtoSDK, a modular and multi-platform tool, at a reduced rate of 260KSM per 6-day spend period until the end of 2024. They will develop pallets and propose changes to enhance the PolkadotSDK, with a focus on practical functionalities. Their long-term goal is to tackle social inequality by implementing the local incentives protocol.

Virto 2024

### Summary of Virto Team's Proposal

- **Objective**: Develop decentralized applications to combat social inequality and support local economic development.
- **Tools**: Created VirtoSDK, a toolkit simplifying blockchain interactions for users without specialized knowledge.
- **Platform**: Built Kreivo, a parachain for testing and managing decentralized communities and secure payments.
- **Expansion**: Plans to implement the Local Incentives Protocol to boost local economies.
- **Community Engagement**: Seeks support from the Kusama community for innovation and practical blockchain solutions.
- **Funding**: Requests 333 KSM weekly, with quarterly reviews to determine continued funding.
- **Transparency**: Ensures accountability through on-chain transactions and open governance.
- **Long-Term Goals**: Aim to become self-sustainable and attract more communities to the ecosystem.

Virto team requests 333 KSM/week for Kreivo, a common-good parachain that facilitates secure payments and managing decentralized communities, and VirtoSDK, a toolkit that simplifies interactions with Substrate-based chains. They aim to make blockchain technology more accessible and practical for a wide range of applications. The total cost is 63,332 USD/month for 10-12 FTE, with quarterly community reviews to determine if the team should continue to be funded.

Virto team - Kusama agents continuous funding

Bad preimage -  please vote nay

- The proposal is to onboard Brale and Glo Dollar to Kusama AssetHub V2.
- The community is now more familiar with the treasurer track.
- The Kusama confirmation period has been increased to 48 hours.
- A mistake in the spend amount in one payment has been corrected.
- Brale's technical integration is expected to take 16 weeks instead of 12.
- There is more detail on launching Kusama and Polkadot branded stablecoins.
- A graphic has been added to explain the phases.

WHO: Not specified
WHAT: Onboard Brale and Glo Dollar to Kusama AssetHub v2
PRICE/TIMEFRAME/RESOURCES: Not specified, but Brale technical integration expected to take 16 weeks instead of 12 weeks to allow for extra audits. Opportunity to launch Kusama and Polkadot branded stablecoins in phase 2a/2b.

Onboard Brale and Glo Dollar to Kusama AssetHub v2 - inc ability to create Kusama & Polkadot branded stablecoins

Onboard Brale and Glo Dollar to Kusama AssetHub

### Summary of Referendum Proposal

- **Purpose**: The referendum aims to test using a scheduler for managing bounty actions on the Treasurer track.
- **Bounty Lifecycle**: Actions include approving, funding, assigning a curator, and closing the bounty.
- **Funding Delay**: After approval, a bounty must wait for an independent spend period (6 days on Kusama) before being funded.
- **Curator Assignment**: A curator can only be assigned after the bounty is funded, requiring a delay.
- **Fund Disbursement**: If no objections, funds will be sent to a public validator payout bot and a script for OpenGov and the Fellowship.
- **Extrinsics Batching**: The referendum batches three actions: approving the bounty, scheduling curator assignment, and scheduling bounty closure.
- **Timing**: Curator assignment is scheduled after 86,400 blocks (6 days), and bounty closure after 14 days.
- **Adjustability**: Timings can be adjusted to reduce delays after funding and curator assignment.

WHO: Will, Paradox

WHAT: Test use of the scheduler on the Treasurer track by scheduling actions through the lifecycle of a bounty

PRICE/TIMEFRAME/RESOURCES: Not specified.

Proof of Concept - Using the Scheduler on the Treasurer Track

- Kusama's Governance 1.0 was decommissioned, causing Treasury spend proposal deposits to remain locked.
- Referendum 301 was enacted to address this issue.
- This referendum aims to slash and refund Treasury deposits to proposers.
- The process is similar to Referendum 73 on Polkadot.
- Spam proposals (291, 292, 293, 294, 296) and older rejected proposals are excluded from the refund.
- The `forceBatch` call will handle the refunds.

WHO: Kusama community 
WHAT: Slash Kusama Gov 1.0 treasury deposits and refund corresponding amounts to proposers in a batch call 
PRICE/TIMEFRAME/RESOURCES: Not specified

Rejecting Kusama Gov1.0 Treasury Proposals and Facilitating Bond Reimbursement whenever appropriate

- Bounty 14 on Kusama is proposed for closure.
- It is replaced by Bounty 24 on Polkadot.
- The Moderation Team moved funding from Kusama to Polkadot.
- Closing the bounty will return leftover funds to the treasury.
- The curator was already removed due to an expired expiration date.
- Expired curators can be removed by anyone.

WHO: Will | Paradox | Ecosystem Janitor

WHAT: Proposing the closure of bounty 14 on Kusama as it is replaced by bounty 24 on Polkadot. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

Closing Bounty 14 - Moderation Team Bounty

Cleanup on aisle 24 - Tech Ed test bounty

Untitled

- This referendum is about closing bounty 23, which was submitted by mistake.
- The person who made the mistake is trying to fix it with another referendum (266), but they used the wrong method.
- The person also wants to close bounty 22, which was submitted 27 days ago by Bill and hasn't been approved since.
- The person in charge is named Will, also known as Paradox or RCJ (Relay-Chain Janitor).

WHO: Will | Paradox | RCJ
WHAT: Close bounty 23 and bounty 22
PRICE/TIMEFRAME/RESOURCES: Not specified.

To close erroneous and spam bounties

### Summary

- **Bifrost** is a parachain on Kusama and Polkadot that offers liquid tokens for staked assets.
- They are requesting **50,000 KSM** from the Kusama treasury to provide liquidity for KSM and vKSM pairs.
- This proposal is similar to a successful one from last year, which will be repaid on **July 20, 2023**.
- Bifrost aims to improve KSM staking liquidity and expand its use in various DeFi applications.
- They have already grown KSM staked with Bifrost from **70,108 KSM** to **347,823 KSM** in the past year.
- Bifrost has developed new vTokens and improved XCM V3 for better cross-chain communication.
- They plan to use the borrowed KSM on Zenlink and Mangata DEXs to provide liquidity.

Bifrost requests 50,000 KSM from Kusama Treasury to provide liquidity for vKSM and KSM pair. The loan will be repaid with interest on July 20, 2023. Bifrost aims to facilitate capital flow of KSM staking and enhance the consensus security of Kusama network. The funds will be managed transparently through Kusama and Bifrost governance. Bifrost has achieved significant growth in the past year and has ongoing developments and collaborations.

### Proposal Summary

- **Proposal Resubmission**: A proposal for monitoring public RPC/WSS endpoints and node database analytics is being resubmitted.
- **Previous Attempt**: The proposal previously failed as Referendum 175 due to interference.
- **Revisions**: 
  - Servers for database analytics/restoration are now funded, reducing the overall cost by about 25%.
  - Slippage has been reduced from 10% to 5% due to a recent market correction.
- **Refunds**: Any excess KSM beyond the asking amount will be refunded to the treasury.
- **Goals**: 
  - Create an independent monitor for WSS providers, displaying key metrics on a dashboard.
  - Monitor database growth, sizes, bloat, and restoration times for various configurations.

WHO: The proposer.

WHAT: Resubmitting a proposal for monitoring public RPC/WSS endpoints and node database analytics.

PRICE/TIMEFRAME/RESOURCES: The proposal seeks $32,640.00 for RPC monitoring only. The proposer will fund provision of servers for DB analytics/restoration, reducing the overall cost of the proposal by ~25%. Slippage reduced from 10% to 5%.

Monitoring of public RPC/WSS Endpoints

Dwellir served 840 million RPC requests for Polkadot communities in Q3 using decentralized bare-metal infrastructure in Sweden and Tunisia. They aim to offer top-tier, decentralized RPC services at an equitable price. No specific price/timeframe/resources mentioned.

### Proposal Summary

- **Objective**: Develop a technical solution to monitor and report on the uptime, performance, and integrity of public WSS (RPC) relay-chain endpoints.
- **Database Monitoring**: Expand an existing project to monitor and trend database growth rates for various configurations, including restoration times.
- **Additional Features**: Consider monitoring database bloat, RAM/CPU usage, and bootnode availability.
- **Public Resources**: The proposal aims to fill gaps not covered by existing public resources.
- **Budget Details**: Full details, including budget, are available in the [proposal document](https://docs.google.com/document/d/1us8glHDEaXeqNp0Ex8Z5sffy4GTfhrvHzGNzNvp-juw/edit).
- **Public Discussion**: The proposal was circulated and open for public discussion for over two weeks.
- **Open Source**: The solution will be open-source, allowing anyone to operate and compare results.
- **Disclosure**: The proposer is employed by a public RPC provider and has professional relationships with other providers.

WHO: Will/Paradox

WHAT: Develop a technical solution to monitor and report on the uptime, performance, and integrity of public WSS (RPC) relay-chain endpoints and trend database growth rates for twenty-four database configurations.

PRICE/TIMEFRAME/RESOURCES: Full details including budget details can be found in the proposal document.

Proposal for Monitoring of public RPC/WSS Endpoints & Node Database Analytics

- The community decided to disapprove the top-up request in Referendum 144.
- This marks the end of Infrastructure Maintenance Bounty #13.
- The bounty helped funded teams maintain infrastructure and reduce proposal resubmissions.
- Remaining funds will be sent back to the treasury.
- The curator deposit will be unreserved if possible.
- Core infrastructure providers must now submit maintenance requests via OpenGov.
- This change aims to formalize the community decision and close the bounty on-chain.

The proposal aims to end Infrastructure Maintenance Bounty #13, which aided teams funded by the treasury to maintain infrastructure and perform continued operations. The remaining funds will be sent to the treasury, and the curator deposit will be unreserved if possible. All essential infrastructure providers are now asked to submit their maintenance requests via OpenGov.

Formalise the community decision and close the Bounty #13

- Imbue is a project aiming to use blockchain for accountability and funding.
- It focuses on milestone-based vesting, where funders vote on project progress.
- The platform supports creatives, developers, and researchers globally.
- Imbue is open-source and community-driven, with no external funding until a usable product is ready.
- The project aims to add utility to Kusama beyond just DeFi.
- Imbue seeks to bridge other ecosystems and increase Kusama's adoption.
- The team is exploring migration to a common good chain.
- Feedback on the proposal is welcome.

Imbue proposes to build a milestone-based vesting platform powered by democracy on Kusama, allowing creatives, developers, and researchers to get paid securely and safely. The team aims to deliver a usable product without external funding and is exploring ways to migrate towards a common good chain. Imbue aims to add much-needed utility and value to Kusama beyond DeFi and bring in users and adoption. No specific price, timeframe, or resources are mentioned in the proposal.

[11] Origin: Treasurer