candidates

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fellows

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Able to spend up to 33,333.3333 KSM from the treasury at once

big_spender

DotShield is a new Web3 bot designed to improve security in Telegram and Discord communities within the Polkadot and Kusama ecosystem. It helps with moderation, verification, and scam prevention. Here are some key points about DotShield:

1. It solves the problem of existing bots that use easy-to-bypass captchas instead of Web3 verification.
2. DotShield allows groups to set their own criteria for membership, like balance thresholds and council membership.
3. It is important because it helps protect Web3 communities from spam, bot invasions, and scams.
4. The creator of DotShield learned to code to make this solution after being frustrated with existing options.
5. DotShield has features like dynamic chain state verification, single sign-in for Web3 users, flexible moderation, scam prevention, and expansion to Discord.
6. The creator is asking for funding to support the deployment and expansion of DotShield.
7. Users have given DotShield good feedback, with suggestions for improvement like more detailed guides and better transparency about data handling.
8. Many users would recommend DotShield to others and support its adoption across the Polkadot ecosystem.

Deciding

DotShield - Take back control of your community

### Substrate-API-Client

- **Purpose**: Connects to a Substrate-based node via RPC.
- **Alternative**: Alternative to `subxt`.
- **Importance**: Essential for Rust developers working with Substrate parachains.
- **Features**:
  - Supports `no_std` environments.
  - Facilitates extrinsic creation in trusted hardware (e.g., Intel SGX).
  - Potential for IoT applications.
- **Interface**: Easy-to-use with practical examples.
- **Proposal**:
  - Maintenance and support for 3 months (Nov-22 to Jan-23).
  - Evaluation and design of two new features:
    - CLI wallet implementation.
    - Full `no_std` compatibility.

For more details, see the [discussion](https://kusama.polkassembly.io/post/1923) and [full proposal](https://docs.google.com/document/d/1miIIMyHsNzdoZejVdBiV_u3NLyj7CHsr9uWBdKonrtQ/edit?usp=sharing).

Approved

WHO: The proposal is made by the substrate-api-client team.

WHAT: The proposal aims to fund maintenance and support for the substrate api client over 3 months, along with the evaluation and design of two new features: CLI-wallet implementation and full no_std-compatibility.

PRICE/TIMEFRAME/RESOURCES: The funding is required for 3 months (Nov-22 until Jan-23). The cost is not mentioned in the summary.

Treasury Proposal: Maintenance for the substrate-api-client Nov-22 to Jan-23

### Polkawatch Proposal Summary

- Polkawatch recently launched decentralization analytics on Kusama and added Nomination Pools support.
- The community is increasingly aware of the importance of decentralization, sparked by a recent deplatforming event of Solana nodes.
- Other teams, including wallets, parachains, and data scientists, are interested in accessing Polkawatch data to raise awareness in the ecosystem.
- Parachains, while secured by the relay chain, are still vulnerable to censorship from dishonest collators, network operators, or regulatory changes.
- This proposal aims to extend Polkawatch support to parachains, continue service operations, and make minor improvements.
- The proposal has been discussed and feedback has been incorporated.
- A detailed version of the proposal is available [here](https://docs.google.com/document/d/1ljvYDuazbNBgjf94yFUbUEdeyBN5ixG6BXAEKxuxmL4/edit?usp=sharing).
- An extraordinary fee for re-submission costs has been included.

Polkawatch proposes to bring parachain support to their decentralization analytics service, following interest from other teams in the ecosystem. The proposal includes continued operation of the service and minor improvements, with an extraordinary fee included for re-submission costs. No specific price, timeframe, or resources are mentioned.

[Replacement for Referenda #2] Polkawatch Decentralization Analytics Parachain Support and Continued Operation. 

### Ordum: Public Good Grants Aggregator

- **Purpose**: Ordum aims to create a public good grants aggregator for the Polkadot and Kusama ecosystems, focusing on R&D funding.
- **Current Issue**: Existing grant management tools like Gitcoin are insufficient for the needs of web3 ecosystems, leading to scattered information and difficulties in tracking funding.
- **Problem**: Treasuries and foundations have excess funds due to a lack of projects, and grant information is hard to find and manage.
- **Solution**: Ordum proposes a decentralized application (dapp) to index and manage grants, including features like custom APIs, light clients, and integration with Github.
- **Milestone Certificates**: Non-transferable NFTs will be minted to certify completed milestones, enhancing transparency and accountability.
- **Transparency**: Grant applications, funding, and milestones will be displayed on team profiles for public viewing.
- **User Experience**: Surveys and feedback will be used to optimize the UX for managing treasury grants.
- **Funding Request**: Ordum seeks $78,804 for development, with a Kusama rate of 25.24 as of November 24, 2022.

Ordum proposes to build a public goods grant aggregator for the Polkadot and Kusama ecosystems to solve the scattered information and lack of software for managing grants. They plan to create a dapp, mint non-transferable NFTs, display milestones and funding on a team's profile, and issue surveys for optimal grant management. They request funding of 78,804 USD and aim to deliver a V1 POC of the aggregator.

 Treasury Proposal: Ordum | Public Good Grants Aggregator for Polkadot and Kusama 

This message is about a proposal to give money to help Public RPC Providers for 7 months. RPC Providers help with a computer system called Kusama. The proposal will cost $107,237.98 in total. The money will be given to the best service providers who follow the rules. If the service is not good, the providers can lose money or not get any. This plan has helped to reduce other funding requests and make providers charge a fair price. More information can be found in a link provided.

Executed

Dear community,
I present this proposal on the authorization of the curators of bounty 25.
This proposal seeks to continue funding of Public RPC Providers for the period of six months plus an additional month's contingency. Funding is issued to bounty 25 which awards vendors for RPC services on the Kusama relay-chain as well as its system parachains. The total cost for such provision is USD$107,237.98, which represents $12,397.21 per month without contingency and administrative fees.
Bounty 25 adopts an tender based procurement model in which service providers bid on requirements as set-out by the curators. The tender requirements are aligned to ecosystem needs and can scale up/down depending on usage. Tenders are scored and the highest scoring providers receive funding. Attention is also being placed on quality of service and should service providers fail to meet said quality-standards they will be penalized or lose funding altogether.
This approach has seen a reduction with independent funding proposals for such services and steering of providers to a "market rate".
Further details can be found <a href="https://docs.google.com/document/d/1WV7n5HVKtO5s0ub6g4uEQAN4Y7SRNcu56QYFXPgN15I/edit?tab=t.0">here</a>
Kind Regards, Will | Paradox | ParaNodes.io

Funding for Public RPC Providers via Bounty 25

Bloque is a company that helps other businesses add prepaid debit card services to their platforms. They use a special type of computer system called Kusama's blockchain to keep track of the money safely. Bloque wants to help people in Latin America who don't have bank accounts, which is about 25% of the people there. They make it easy for businesses to give their customers debit cards that can be used with special money called stablecoins. These cards can be used on phones or as plastic cards, and people can even take out cash from them anywhere in the world.

Bloque works with other companies like Pomelo and Visa to make debit cards, and they have a partnership with a big bank in Colombia called Bancolombia. They also work with a company called Truora to make sure people are who they say they are when they sign up for a card.

Bloque's first customer is a company called Coco Wallet, which is helping people in Colombia who don't have bank accounts. They plan to get more than 3,000 new customers in the next few months by using Bloque's services on Kusama's system. This will help more people use a special type of money called KSM, and it will also make the Kusama system more active because every time someone uses their card, it creates a small transaction on the system.

Bloque has a lot of questions and answers on their website if you want to learn more about how they work and why they are doing this. They are a team with experience in making things work on the internet and they want to use Kusama to help people use this special type of money in their everyday lives.

<h2>Summary</h2>
Bloque offers an open API infrastructure that allows developers to easily integrate prepaid debit card functionality into their platforms, with balances securely stored on Kusama&rsquo;s blockchain. Targeting financial exclusion in Latin America&mdash;where 25% of the population is unbanked&mdash;Bloque eliminates the costly barriers, regulatory challenges, and technical difficulties typically associated with issuing debit cards. Unlike standalone wallets, Bloque serves as infrastructure for businesses, enabling them to provide branded, non-custodial debit cards that users can load with stablecoins, use via mobile wallets or physical cards, and even withdraw cash worldwide. This approach not only promotes financial inclusion but also increases Kusama&rsquo;s blockchain activity, as each transaction generates on-chain fees in KSM. 
<h3>We're different</h3>
<img src="https://i.ibb.co/1w1JCRb/Bloque-Pitch-deck-6.png" alt />
<h2>TL; DR;</h2>
<a href="https://www.youtube.com/live/kBX1RXwROy8?si=G1T9ymPBgJIUZ7Tf&amp;t=454"><img src="https://i.ibb.co/nMLC54XG/Screenshot-2025-02-17-at-15-15-39.png" alt /></a> 
<h2>Resources</h2>
<ul>
<li>Full proposal <a href="https://docs.google.com/document/d/1J98P2-shkrODJEnFinJkDoVEN-JviygWfIocRo7l7ag/edit?tab=t.0">document.</a></li>
<li><a href="https://docs.google.com/document/d/1J98P2-shkrODJEnFinJkDoVEN-JviygWfIocRo7l7ag/edit?tab=t.0">Website.</a></li>
<li>First customer <a href="https://www.ycombinator.com/companies/coco-wallet">Coco Wallet YCS19</a> and <a href="https://drive.google.com/file/d/1yOyvpNZvc043MvF61o6oppkY9rJ0gsqB/view?usp=sharing">letter of intent for 450K and 3,500 Users.</a></li>
<li>Contract with Visa &amp; Pomelo to issue debit cards, bank statements, please request via DM in @david:bloque.team in Element.</li>
<li>Preview <a href="https://api.bloque.app/docs/accounts">API Documentation.</a></li>
</ul>
<h3>How it works</h3>
<img src="https://i.ibb.co/CKsh6Y4F/diagram-export-2-17-2025-2-58-28-PM.png" alt />
<h3>Partners</h3>
<ul>
<li>Pomelo + Visa (Debit card issuer): Pomelo is a pioneering fintech transforming card issuance in Latin America. Its cloud-native, API-driven platform lets banks and fintechs launch secure, scalable cards rapidly. Partnering with Mastercard and Coastal Community Bank, Pomelo modernizes payments and drives financial inclusion.</li>
<li>Truora (KYC/KYB): Truora is a Latin American startup simplifying user verification and fraud prevention. Its API-driven platform offers background checks, digital identity, and KYC tools to help businesses onboard customers securely, reduce fraud, and boost conversion</li>
<li>Bancolombia (Our Bank): Bancolombia is Colombia&rsquo;s largest bank, boasting 146+ years of trusted service. With 30M+ customers, extensive branch and ATM networks, and innovative digital solutions, it drives financial inclusion, supports sustainable growth, and champions economic progress across Latin America.</li>
</ul>
<h3>Meet our first customer</h3>
<a href="https://www.youtube.com/watch?v=JzP1vXJq7zQ&amp;t=2714s&amp;ab_channel=TheKus"><img src="https://i.ibb.co/sd0gp7sF/Screenshot-2025-02-25-at-17-02-55.png" alt /></a>
we introduced CocoWallet, building on the success of <a href="https://www.cocomercado.com/landing/">CocoMercado</a>, a remittance-based food service that&rsquo;s supported Venezuela&rsquo;s elderly through 7,000,000 expats. Now, CocoWallet is tackling financial exclusion in Colombia by launching debit cards with Bloque for the unbanked&mdash;and we&rsquo;re bringing this to Kusama.
Our goal is to onboard 3,000+ unbanked Colombians in the next few months. Here&rsquo;s how we&rsquo;ll do it on Kusama:
<ul>
<li>Decentralized Design: Funds will be held in non-custodial wallets on Kusama&rsquo;s Asset-Hub, with all debit card transactions pay fees in KSM. No banks, no centralized control&mdash;just user-owned value.</li>
<li>Kusama Benefits: These 3,000 new users will become KSM holders, boosting adoption. Each card swipe will generate on-chain micro-transactions, increasing network activity and rewarding validators.</li>
<li>Scalability: After this pilot, we&rsquo;ll scale to 10,000 users across Latin America by 2025, funded by transaction fees but no endless treasury asks. Banks are obsolete. We want to drive a transformation that enables every organization to provide financial services&mdash;starting with a debit card. We aim to free finances for people, and to do this, we need your support. </li>
</ul>
<h1>FAQ</h1>
<ul>
<li>
Why funding us? We are an experienced team with a proven record of building Web3 products. Now, we want to use Kusama in everyday cases worldwide.
</li>
<li>
Which regions are supported? Mainly LatAm starting in Colombia &amp; Mexico with worldwide availability via Passport.
</li>
<li>
How will this API handle key material since the wallets are non-custodial? We use a combination of proxy accounts with defined spending limits. In addition, the &ldquo;debit callback&rdquo; endpoint with 3D Secure prompts users to authorize (i.e., sign) transactions&mdash;effectively meaning the user &ldquo;sells&rdquo; crypto to us so that we can complete the payment on their behalf. Our security model is based on Shamir&rsquo;s Secret Sharing: at setup, the holder sends us one part of the secret while keeping the other part secure across multiple devices. When a transaction is authorized, the two parts are combined to complete the transaction.
</li>
<li>
How are redemptions processed? Today&rsquo;s redemption channels include Brale Rails (conversion across 10+ chains to USDT/USDC), a DEX liquidity pool for KSM/dUSD, and direct debit card transactions.
</li>
<li>
Do day-to-day COP inflation swings pose a risk? Yes, they can. To mitigate this risk, we maintain only small COP buffers in the bank while holding most of our treasury in USD.
</li>
<li>
How will the system mitigate potential volatility given that settlement can take several days? Limiting USD buffer sales to twice daily (e.g., morning and afternoon) may expose us to unexpected volatility. Ideally, we offload USD as frequently as market conditions allow. When that isn&rsquo;t feasible, we rely on compensation accounts, short-term COP buffer loans, SWIFT transfers, and OTC channels to quickly convert USD into COP liquidity.
</li>
<li>
How would a chargeback or clawback be handled? For same-day chargebacks&mdash;such as paying $5 with KSM for an Uber ride and then canceling&mdash;the system applies an adjustment credit by deducting $5 from the USD buffer, converting it to KSM, and crediting your account. For delayed clawbacks&mdash;like purchasing a $20 card with KSM on Temu but receiving a faulty product&mdash;we detect the issue via Visa&rsquo;s invoices and balance sheets. In the next payment cycle, we net the amounts between our accounts; for instance, if we owe Visa $100 but receive $20, we pay only $80, converting the extra $20 into KSM and crediting your account.
</li>
<li>
Whats the relationship with Virto? BloqueDAO is a Virto-spinoff established as a self-governing DAO in Kreivo. We&rsquo;re leveraging on the Kreivo technology to support non-custodial management of the funds every user tops-up in their Kusama Pay cards.
</li>
</ul>

Empower businesses to launch debit cards and store their value in Kusama.

The Open debit card is a project that lets developers add prepaid debit card functionality to their platforms using Kusama. It is powered by an Open API and has partnered with Pomelo and Visa to issue debit cards. The system uses a combination of proxy accounts with spending limits and a "debit callback" endpoint to authorize transactions. The project is mainly focused on Latin America, starting in Colombia and Mexico, but aims for worldwide availability. The team behind the project has experience in building Web3 products and aims to use Kusama in everyday cases globally.

Rejected

<h1>Open debit card for developers powered by Kusama</h1>
<h2>Summary</h2>
An Open API that lets developers issue prepaid debit card functionality to their platforms at almost no effort and store its value in Kusama.
<h2>TL; DR</h2>
<a href="https://www.youtube.com/live/kBX1RXwROy8?si=G1T9ymPBgJIUZ7Tf&amp;t=454"><img src="https://i.ibb.co/nMLC54XG/Screenshot-2025-02-17-at-15-15-39.png" alt /></a>
<h2>Resources</h2>
<ul>
<li>Full proposal <a href="https://docs.google.com/document/d/1J98P2-shkrODJEnFinJkDoVEN-JviygWfIocRo7l7ag/edit?tab=t.0">document.</a></li>
<li><a href="https://docs.google.com/document/d/1J98P2-shkrODJEnFinJkDoVEN-JviygWfIocRo7l7ag/edit?tab=t.0">Website.</a></li>
<li>First customer <a href="https://www.ycombinator.com/companies/coco-wallet">Coco Wallet YCS19</a> and <a href="https://drive.google.com/file/d/1yOyvpNZvc043MvF61o6oppkY9rJ0gsqB/view?usp=sharing">letter of intent for 450K and 3,500 Users.</a></li>
<li>Contract with Visa &amp; Pomelo to issue debit cards, please request via DM in @david:bloque.team in Element.</li>
<li>Preview <a href="https://api.bloque.app/docs/accounts">API Documentation.</a></li>
</ul>
<h3>How it works</h3>
<img src="https://i.ibb.co/CKsh6Y4F/diagram-export-2-17-2025-2-58-28-PM.png" alt />
<h3>Comparison with current alternatives</h3>
<img src="https://i.ibb.co/5xzzVbXX/Bloque-Pitch-deck-5.png" alt />
<h3>Partners</h3>
<ul>
<li>Pomelo + Visa (Debit card issuer): Pomelo is a pioneering fintech transforming card issuance in Latin America. Its cloud-native, API-driven platform lets banks and fintechs launch secure, scalable cards rapidly. Partnering with Mastercard and Coastal Community Bank, Pomelo modernizes payments and drives financial inclusion.</li>
<li>Truora (KYC/KYB): Truora is a Latin American startup simplifying user verification and fraud prevention. Its API-driven platform offers background checks, digital identity, and KYC tools to help businesses onboard customers securely, reduce fraud, and boost conversion</li>
<li>Bancolombia (Our Bank): Bancolombia is Colombia&rsquo;s largest bank, boasting 146+ years of trusted service. With 30M+ customers, extensive branch and ATM networks, and innovative digital solutions, it drives financial inclusion, supports sustainable growth, and champions economic progress across Latin America.</li>
</ul>
<h1>FAQ</h1>
<ul>
<li>
Why funding us? We are an experienced team with a proven record of building Web3 products. Now, we want to use Kusama in everyday cases worldwide.
</li>
<li>
Which regions are supported? Mainly LatAm starting in Colombia &amp; Mexico with worldwide availability via Passport.
</li>
<li>
How will this API handle key material since the wallets are non-custodial? We use a combination of proxy accounts with defined spending limits. In addition, the &ldquo;debit callback&rdquo; endpoint with 3D Secure prompts users to authorize (i.e., sign) transactions&mdash;effectively meaning the user &ldquo;sells&rdquo; crypto to us so that we can complete the payment on their behalf. Our security model is based on Shamir&rsquo;s Secret Sharing: at setup, the holder sends us one part of the secret while keeping the other part secure across multiple devices. When a transaction is authorized, the two parts are combined to complete the transaction.
</li>
<li>
How are redemptions processed? Today&rsquo;s redemption channels include Brale Rails (conversion across 10+ chains to USDT/USDC), a DEX liquidity pool for KSM/dUSD, and direct debit card transactions.
</li>
<li>
Do day-to-day COP inflation swings pose a risk? Yes, they can. To mitigate this risk, we maintain only small COP buffers in the bank while holding most of our treasury in USD.
</li>
<li>
How will the system mitigate potential volatility given that settlement can take several days? Limiting USD buffer sales to twice daily (e.g., morning and afternoon) may expose us to unexpected volatility. Ideally, we offload USD as frequently as market conditions allow. When that isn&rsquo;t feasible, we rely on compensation accounts, short-term COP buffer loans, SWIFT transfers, and OTC channels to quickly convert USD into COP liquidity.
</li>
<li>
How would a chargeback or clawback be handled? &lt;ins&gt;For same-day chargebacks&lt;/ins&gt;&mdash;such as paying $5 with KSM for an Uber ride and then canceling&mdash;the system applies an adjustment credit by deducting $5 from the USD buffer, converting it to KSM, and crediting your account. &lt;ins&gt;For delayed clawbacks&lt;/ins&gt;&mdash;like purchasing a $20 card with KSM on Temu but receiving a faulty product&mdash;we detect the issue via Visa&rsquo;s invoices and balance sheets. In the next payment cycle, we net the amounts between our accounts; for instance, if we owe Visa $100 but receive $20, we pay only $80, converting the extra $20 into KSM and crediting your account.
</li>
<li>
Whats the relationship with Virto? BloqueDAO is a Virto-spinoff established as a self-governing DAO in Kreivo. We&rsquo;re leveraging on the Kreivo technology to support non-custodial management of the funds every user tops-up in their Kusama Pay cards.
</li>
</ul>

Open debit card for developers powered by Kusama

- **Requested Amount:** 33,333 KSM  
- **Goal:** Help Kusama and Polkadot work better together by adding KSM to a special pool called Hydration Omnipool.  
- **How it works:** The KSM will be added to the pool to make trading easier between Kusama and Polkadot.  
- **Control:** The KSM will stay under the control of Kusama and OpenGov.  
- **No middleman:** This makes it simple to move value between the two chains without needing a central exchange.  
- **Similar to DOT:** It’s like how 1,000,000 DOT were added to the pool earlier.  
- **Result:** This will create a very liquid and easy way to trade KSM on Polkadot.

Kusama Hydration: Treasury LP

A new proposal is asking for more money to help the people called "collators" on Kusama's System Parachains. Collators are important because they help keep the network safe, fair, and fast. They need more money to keep doing their job well as the network grows bigger. This proposal wants to give them 4,116.24 KSM. You can read more about it in the full proposal link. In the past, there have been other proposals to help collators too.

Proposal: Additional Funding for Kusama System Parachain Collators
Bounty #20 KSM address: F3opxRbN5ZbjJNU513biNemEwi2QDYNACcNqzU68jHWZos2
Requested allocation: 4,116.24 KSM
This proposal seeks additional funding to support the operational status and provide a bounty top-up budget for collators on Kusama's System Parachains. Collators are essential for maintaining network security, decentralization, and performance. While previous referenda have successfully provided the necessary resources for their effective operation, additional funds are required to sustain these efforts and adapt to the expanding network demands.
This proposal will focus on the operational status and the bounty top-up budget, while more detailed information can be found under the bounty page and in earlier proposals, as listed below.
Full Proposal: <a href="https://docs.google.com/document/d/1ufIt4xkI4lFmbbNnZ5uNp4fo9TQL4TjSjMSwQBL3cRI/edit?usp=sharing">Kusama System Parachains Collator Bounty #20 Top-Up Proposal - Jan/2025</a>
Previous System Chain Collator Related Referenda
The history of initiatives for Kusama System Chain collators dates back to early 2023. They have provided vital support for maintaining the network&rsquo;s stability, security, and decentralization.
<ul>
<li>Referendum 108: <a href="108">Establishing a Bounty for Collators of System Parachains, February 2023</a></li>
<li>Referendum 273: <a href="../post/2603">Bridge Hub Collator Compensation for June, July, and August, September 2023</a></li>
<li>Referendum 275: <a href="../post/2603">Bridge Hub Collator Compensation for June, July, and August, September 2023</a></li>
<li>Referendum 309: <a href="../post/2614">Kusama System Parachain Collators - Tips Q4/2023, November 2023</a></li>
<li>Referendum 322: <a href="322">Funding of Kusama System Parachain Collators, December 2023</a></li>
<li>Referendum 445: <a href="445">Bounty Top-Up of the System Parachain Collators Funding on Kusama, August 2024</a></li>
</ul>
Thank you!

Kusama System Parachains Collator Bounty #20 Top-Up Proposal - Jan/2025

This proposal is about getting money to organize 5 big meetings called Family Office summits. These meetings will help bring more money to two projects, Polkadot and Kusama. The plan is to make more people interested in Kusama, which is a place for artists, hackers, and innovators to work on new projects. If the proposal is successful, HIC Fund II will change its focus to include Kusama projects too. They will also create a Krievo DAO to help find and support new projects and use a stablecoin called dUSD for investments. The meetings will happen in different cities around the world between April and December 2025.

Prestel & Partners: Family Office Investor Conference Series for Polkadot & Kusama.

Subscan is a tool that helps people explore and understand the Polkadot and Kusama networks. It gives important information to developers, people who check the network is working well, and users of the network. They asked for money from Kusama to keep improving and making their service better.

In the past, they got money from Kusama to pay for things like computers and internet connections. Now, they have a new way to decide how much money they need. They will charge based on how much storage space they use, which helps them know how much it costs to run their service.

Subscan has a place where people can give ideas and talk about problems, which helps them make their service better. They have also made their service better by making it faster and easier to use.

They want money to keep their service running for the next year. They have planned how much it will cost and have a chart to show it. They also made some money from ads, which they will use to reduce the amount they need to ask for.

Subscan wants to keep getting better and not rely too much on asking for money. They will try to make their service better and find other ways to make money, like working with other companies or offering special features for a fee.

In the end, they asked for a certain amount of money, which they calculated using the price of Kusama's tokens. They thanked everyone for their support and feedback, and said that with their help, they can keep making their service better.

Subscan Q2/Q3/Q4 2024 Funding Proposal: Basic service fee for the Kusama Relaychain and Kusama public parachain (AssetHub, Coretime, BridgeHub, People)

The KSM Collective on krievo has proposed using treasury funds to create an initial liquidity pool for KSM and dUSD on AssetHub. The goal is to boost dUSD adoption, strengthen Kusama's DeFi ecosystem, and generate fees for the KSM Collective. They are requesting $300,000 plus a 10% volatility buffer, with any excess being returned. Brale has committed an initial $300,000 in dUSD to match the requested KSM allocation. The beneficiary is the KSM Society organization on krievo, and the LP fees will be retained by KSM Collective and Brale. The first usage will be the exchange of Brale's $125k fee from KSM to dUSD, with the beneficiary being the Decent Partners collective.

<img src="https://i.ibb.co/NTwRnJV/image.png" alt="image.png" />
Full proposal <a href="https://rfc.decent.partners/t/liquidity-subsidy-for-ksm-dusd-liquidity-pool-on-kusama-asset-hub/62">here</a>. 
Proposal Overview 
Proponent: <a href="https://app.virto.dev/">KSM Collective on krievo </a>
Objective: Use treasury funds to seed an initial liquidity pool for KSM and dUSD on AssetHub.
Related: <a href="471">Retroactive Brale integration fee proposal </a>
Rationale: The pool will be used to kickstart dUSD adoption while simultaneously strengthening Kusama&rsquo;s DeFi ecosystem and generating fees for KSM Collective.
Request: $300,000 + 10% volatilty buffer, excess will be returned.
Total USD: $330,000 Total KSM: 9706 (EMA7 $34)
Match commitment: Brale has committed an initial $300,000 in dUSD to match the requested KSM allocation
Beneficiary: KSM Society organisation on krievo, sovereign account on Kusama relay chain.
Address: <a href="https://kusama.subscan.io/account/Ftuq9bHvQb5NiU5JA7q79fxYn9FVBeRjNBHL3RH5raN9qck">Ftuq9bHvQb5NiU5JA7q79fxYn9FVBeRjNBHL3RH5raN9qck </a>
Members: 10 members from across the ecosystem with more to add.
Representation: Virto, W3F, ChaosDAO, decent, Helikon, Lucky Friday. Governance: 1 member 1 vote, 30% minimum support
LP fees: Retained by KSM Collective (KSM) and Brale (dUSD).
First usage: Exchange of Brale&rsquo;s $125k fee from KSM to dUSD with the beneficiary being the Decent Partners collective which is governed by initial membership of organisations - decent, Brale, Virto and KSM collective.
Contact: <a href="https://matrix.to/#/%23ksm-governance:virto.community">KSM society public matrix</a>

Liquidity subsidy for KSM/dUSD Liquidity Pool on Kusama Asset Hub 

TimedOut

Nay 

Nay - wrong preimage

- Decent Partners is asking for $125,000 to fund Brale's work on a stablecoin project.
- Brale integrated their stablecoin platform with Kusama AssetHub, a big step for public good.
- The stablecoin, called dUSD, can be used across 15 different blockchains.
- Brale is part of the Decent Partners collective, which includes four organizations.
- They are using their KSM fee to help more people use dUSD.
- Another proposal asks for money to start a KSM:dUSD trading pair.
- Brale is putting $300,000 of dUSD into this trading pool.

Retroactive Funding for Brale’s Public Good Stablecoin Integration with Kusama Asset Hub (now live)

This is a referenda to resubmit the curator for the <a href="353">Polkadot &lt;&gt; Kusaman Bridge Security Bounty</a>.
Thanks for your support.

Curator Resubmission for POLKADOT <> KUSAMA BRIDGE SECURITY BOUNTY

### Summary of Virto DAO

- **Purpose**: Virto DAO aims to provide the simplest and most advanced DAO infrastructure for organizations and communities in the blockchain ecosystem.
- **Features**: Offers tools for shared decision-making, record-keeping, and global financial services, all on a blockchain-based system.
- **Q3 Focus**: Improving user experience for DAO members, making it easier to manage and participate without needing wallets or fees.
- **MVP Program**: Running a program to provide digital debit cards and on/off ramps for managing expenses and salaries in the Americas region.
- **Virto Stack**: Plans to create a unified solution called the Virto Operating System for autonomous organizations.
- **Funding**: Has raised approximately $671,754 USD, with about $120,000 USD annually for a team of 6-10 members.
- **Accountability**: Maintains transparency with on-chain treasury funds and is open to improving accountability measures.
- **Community Support**: Continues to support Kusama ecosystem by providing essential infrastructure and tools.

Virto DAO is building an advanced and easy-to-use DAO infrastructure for modern organizations to operate effectively. They aim to offer a polished end-user experience for members of DAOs to manage and participate in their organizations without the need for wallets or fees. They are running an MVP program with on/off ramps providers in the Americas region to empower organizations with digital debit cards to manage their expenses online and on/off ramps from KSM/DOT to USD in US and Colombian Pesos to pay salaries or perform deals with traditional entities in the Region. They plan to evolve the experience they provide, putting together the tools they've built over the years into a unified solution: The Virto Operating System for autonomous organizations.

Revitalizing Kusama: The DAO Hub

### Proposal Summary

- **Purpose:** Increase funding for Kusama System Parachain Collators.
- **Reason:** Previous proposal failed due to last-minute vote changes and accusations of double spending.
- **Changes:** 
  - Added a video explanation.
  - Revised budget to align with the current market rate.
  - Elected a coordinator (Paradox) to oversee the process.
- **Coverage:** Funds five Kusama System Parachains: AssetHub, BridgeHub, Coretime, People, and Encointer.
- **Duration:** 6 months starting July 1, 2024.
- **Amount:** 7,926.62 KSM.
- **Details:** Includes infrastructure costs and staking rewards. Some budget items are provisional and can be reallocated if not used.

WHO: Kusama System Parachain Collators
WHAT: Proposal for a bounty top-up to cover infrastructure costs and staking rewards for five Kusama System Parachains (AssetHub, BridgeHub, Coretime, People and Encointer) for a 6-month runway, aiming to incentivize the best performance, minimize censorship, and maintain liveliness by securing treasury funding for the operational costs.
PRICE/TIMEFRAME/RESOURCES: Funding amount of 7,926.62 KSM starting from July 1, 2024.

Bounty top-up of the System Parachain Collators funding on Kusama

This is about a new idea for a discussion forum to help with OpenGov debates. The problem is that current platforms like forums, Telegram, Discord, and social media don't work well for these debates. They have issues like no clear way to organize debates, hard to follow complex arguments, and not enough control over what people say.

The solution is a new forum with special features to make debates better. These features include:
1. Organizing debates in a clear way
2. Helping people find and follow debates
3. Tools to understand and evaluate arguments
4. Sections for asking questions and finding solutions together
5. Tools to suggest and check compromises
6. Layouts to review and analyze outcomes
7. A dashboard to see how strong arguments are and what the community cares about
8. A way to see how debates change over time
9. Chat options to talk about arguments in real-time

This new platform will make debates easier, stop false information, and help people work together by including different opinions and having clear tools to analyze debates. There are also videos that show more about this idea.

WHO: Unspecified group proposing a new discussion forum. 

WHAT: Proposing a new discussion forum with structured debates, enhanced navigation, in-depth analysis, Q&A and compromise, proposal review, analytics dashboard, timeline slider, and chat functionality. 

PRICE/TIMEFRAME/RESOURCES: Not specified.

OpenGov Argumentree: improve decision quality

### Mimir 2.0 - Multisig and Proxy Optimization

- **Project Overview**: Mimir 2.0 aims to enhance multisig and proxy account features in the Polkadot ecosystem, making them more user-friendly and versatile.
  
- **Key Features**:
  - **1/N Multisig**: Allows users to create multisig accounts with a single signer, improving accessibility.
  - **Proxy Accounts**: Introduces a new account structure called Proxy accounts, which can delegate permissions for enhanced security and convenience.
  - **Batch Transactions**: Enables users to bundle multiple transactions together, simplifying complex operations.
  - **Cross-Chain Monitoring**: Provides safety checks to prevent asset loss during cross-chain transactions.

- **User Benefits**:
  - **Simplified Account Management**: Makes it easier for both individual and institutional users to manage their assets securely.
  - **Enhanced Security**: Offers advanced security features like delayed proxy and watch-only modes.
  - **Better User Experience**: Improves the overall user experience with features like transaction caching and optimistic proposals.

- **Integration**:
  - **Network Compatibility**: Mimir supports integration with dozens of networks within the Polkadot ecosystem.
  - **Application Integration**: Has been integrated with several applications, including Subsquare, Bifrost App, and Crust Files.

- **Social Impact**:
  - **Community Engagement**: Mimir has grown its Twitter following to over 2,000 and organized 8 events with around 200 participants.

- **Milestones**:
  - **Multisig Optimization**: Focuses on adapting 1/N multisig, transaction caching, and cross-chain transfer monitoring.
  - **Proxy Account Adaptation**: Includes normal and pure proxy accounts, with features like proxy relationship binding and permissions check.
  - **Watch-Only Accounts**: Allows users to monitor multisig accounts for enhanced transparency.

- **Budget**: The project is seeking a payment of 7,253 KSM ($166,120) for the development and implementation of these features.

Mimir 2.0 - multisig optimize and proxy pallet support

[Big Spender] Wrong proposal, please vote nay

- **It Remains** is a big project with books, TV shows, games, and digital collectibles set in a future world.
- It is made by famous artists who worked on movies like *WALL-E* and *Finding Nemo*.
- The project has over 50,000 fans worldwide and uses blockchain technology.
- It will include the Kusama (KSM) token and its Canary symbol in its story and games.
- People can get discounts on It Remains products if they use KSM to buy them.
- Users can earn KSM by playing games and interacting with the project.
- The Kusama logo will be shown at big events like art shows and comic conventions.

It Remains proposes to integrate Kusama and its Canary symbol into its media franchise, including books, TV series, WEB3 games, NFTs, augmented reality, and digital collectibles. The integration will include in-story gamification, KSM exclusive discounts, KSM rewards, and Kusama logo sponsorship at future events. The initiative aims to promote KSM among a vibrant community of nerds, gamers, and blockchain natives. For a detailed proposal, check the provided document.

Kusama X It Remains Integration and Promotion

- Encointer is asking for money to cover its costs from January to June 2024.
- They need about 3,904 KSM (a type of digital money) for 6 months of work.
- Encointer helps communities create their own local money to help their economy.
- In 2024, they helped a community in Tanzania grow and made a new way for people to vote in their system.
- They also made their system more spread out and not controlled by just one place.
- They shared what they learned from working with a community in Zurich for 2 years.

Encointer requests retroactive funding of CHF 77,500 (≃ 87,188 USD ≃ 3,904 KSM) for Jan-Jun 2024 operations on Kusama. Encointer is a common-good chain that enables local communities to generate their own autonomous local currency. Main achievements in 2024 include community development, adoption of Encointer faucet, prototype for democratic community governance, and decentralization of infrastructure.

Encointer Retroactive Proposal Jan-Jun 2024

- A proposal to add more funding for Kusama System Parachain Collators.
- Covers five parachains: AssetHub, BridgeHub, Coretime, People, and Encointer.
- Aims to improve performance, reduce censorship, and keep the system running smoothly.
- Introduces new rules for selecting collators and a bidding process.
- Funding will cover infrastructure costs and staking rewards.
- The funding will last for 6 months, starting July 1, 2024.
- Total funding requested: 6,024.02 KSM.

WHO: Kusama System Parachain Collators
WHAT: Requesting funding of 6,024.02 KSM for infrastructure costs and staking rewards for 5 Kusama System Parachains (AssetHub, BridgeHub, Coretime, People and Encointer) for a 6-month runway starting on July 1, 2024.
PRICE/TIMEFRAME/RESOURCES: 6,024.02 KSM for 6 months.

[34] Origin: BigSpender