candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

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.

Executed

big_spender

<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)

### Summary

- **Purpose**: Fund an account for common good activities on Kusama network.
- **Amount Needed**: 50 KSM to cover activities for 6 months.
- **Activities**:
  - Paying staking rewards for validators and nominators.
  - Refunding deposits for referenda on Kusama and Collective chain.
- **Previous Funding**: Last funded 321 days ago by the Treasury.
- **Increased Usage**: More validators and higher expenses.
- **Account Transparency**: No outbound transfers, 80% of fees returned to the Treasury.
- **Balance History**: Account balance shown over the past three months.

small_spender

Tip for an account used for Referendum Deposit Clean-up and Validator Payout Bot

### Summary of Coretime Pricing Issue

- **Current Problem**: The coretime price adapter on Kusama is driving prices down to nearly 0 KSM/month due to low demand, which is unrealistic compared to the actual cost of validating work.
- **Side Effect**: Low prices encourage hoarding of cores, making it inconvenient for new builders who need them.
- **Proposed Solution**: Implement a better pricing system that considers market demand and blockspace usage.
- **Temporary Fix**: Set a minimum price for coretime to prevent it from dropping too low.
- **Suggested Minimum Price**: 10 KSM, which is reasonable for builders and deters excessive hoarding.
- **Implementation**: Changes to the Polkadot SDK and Kusama runtime will be handled by the author or a trusted developer.

Rejected

wish_for_change

Minimum coretime price

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

small_tipper

Test

- Kusama Relay Chain and System Chains are updated to their latest versions.
- Kusama Asset Hub was not updated in v1.3.3, so other chains were delayed.
- Kusama Asset Hub and Encointer are updated to v1.3.4.
- Relay Chain, Kusama Bridge Hub, People Chain, and Coretime Chain are updated to v1.3.3.
- v1.3.4 fixes the issue with Kusama Asset Hub.
- v1.3.3 is the most recent version for the other chains.
- Both versions are part of the fellowship release.

whitelisted_caller

[Whitelisted Caller] Upgrade Kusama to 1.3.4

### 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.

treasurer

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

### Kreivo Proposal Summary

- **Goal**: Decide if Kreivo, the DAO Hub, should become a system parachain on Kusama.
- **Kreivo**: A parachain that helps create and manage DAOs, uses KSM as its native token, and offers a user-friendly experience.
- **System Parachain**: Kreivo could integrate more deeply with Kusama's governance, making DAOs more efficient and benefiting the entire Kusama ecosystem.
- **DAO Alliance**: Kreivo currently has a governance system controlled by a collective of DAOs. If it becomes a system parachain, upgrades would go through Kusama's OpenGov.
- **Benefits**: Kreivo already supports DAO creation with just 1 KSM, uses KSM for transactions, and works well with Kusama's governance.
- **Future**: If approved, Kreivo would change its root origin to Kusama, but still keep some control with the DAO Alliance.
- **Feedback**: The team is looking forward to community feedback and votes on this proposal.

WHO: Virto team and Kusama community.

WHAT: Proposal to determine whether Kreivo, the DAO Hub, should become a system parachain.

PRICE/TIMEFRAME/RESOURCES: Not specified.

Make the DAO Hub Kreivo a system chain

- **ONE App**: A user-friendly app for Spanish-speaking communities to learn about blockchain and crypto.
- **Key Features**:
  - **Ecosystem Visibility**: Easy-to-use design to explore blockchains and projects.
  - **Educational Videos**: Short videos to teach blockchain basics.
  - **Reward Missions**: Users earn tokens by completing tasks like verifying their identity.
- **Goals**:
  - Help Spanish speakers understand and use Kusama and Polkadot.
  - Create educational content and improve onboarding for new users.
- **Problems Solved**:
  - Limited Spanish resources.
  - Complex onboarding for non-technical users.
  - Lack of local use cases in Latin America.
- **Proposal**:
  - Add Kusama to the app.
  - Create videos and missions to teach users about Kusama.
  - Encourage users to engage with the network.
- **Team**: Experienced in blockchain, design, and communication for Spanish-speaking communities.

medium_spender

WHO: e-Dolphin

WHAT: Create ONE app to empower Spanish-speaking communities with educational experience to discover and understand blockchain ecosystems. Enhance Kusama's visibility and knowledge of its ecosystem, improve onboarding experience, create more educational resources, and promote a campaign to encourage users to engage with the network.

PRICE: Requesting 27,700 $ from the treasury.

TIMEFRAME: Milestone 1 (2-3 weeks), Milestone 2 (12-14 weeks), Milestone 3 (5-6 weeks).

KUSAMA x ONE: Educating Users & Enhancing Ecosystem Visibility in Latam.

The post is about a request for Parity Technologies (w3f) to fulfill their promise to transfer 10 million DOT tokens into the Kusama treasury. The post provides links to four different YouTube videos from 2019, 2021, 2023, and 2024, where this promise is mentioned or discussed.

Wish for Change. Asking parity/w3f to fulfill the promise to hand over 10M dot into kusama treasury. 

The post is about a request for the Web3 Foundation (W3F) to fulfill a promise made in 2019 to transfer 10 million DOT tokens into the Kusama treasury. The post includes links to videos from 2019, 2021, 2023, and 2024 as evidence of the promise. The user also provides a link to a voting page on Polkassembly for the community to vote on the matter, and asks to vote with the correct preimage for a system remark instead of an event remark.

Wish for Change. Asking parity/w3f to fulfill the promise to hand over 10M dot into kusama treasury.

- The AMI Bounty program ended, stopping funding for Dotgraphic.
- Dotgraphic had success with 60K views and 300 followers in the first milestone.
- They used their own money to keep working and got 223K views and 600 followers in 3 months.
- They need funding to keep making daily infographics and educational content about Polkadot.
- Their goal is to get 1 million views, 7% engagement, and 5,000 followers.
- They want to teach people about Polkadot and get them involved in its community.

Dotgraphic seeks funding through Polkadot Treasury to continue producing daily infographics, curated articles, and regular updates on governance and parachains. They aim to increase awareness and understanding of the Polkadot ecosystem, with a target of 1 million impressions, 7% engagement rate, and 5k followers. They are looking for retroactive and future support for their upcoming milestones, with a timeframe of four months. Full proposal and milestone reports can be found in the provided link.

Dotgraphic First Proposal: Infographics and Educational Content for the Polkadot and Kusama Ecosystem

- A proposal to cancel a "deferred" slash for era 7126 is being submitted.
- The slash was due to a bug, and similar issues in the past were canceled.
- The problem occurred because a node issued an unnecessary "pre-vote" after downtime.
- This led to an equivocation, which is a slashable offense.
- The issue was reported immediately, but delays caused the slash to be reported later.
- The operator has already compensated the affected parties.
- The community is asked to support canceling the slash due to the bug.

staking_admin

Dear community,
I'm submitting this proposal to cancel a "deferred" slash for era 7126 which would be applied in era 7154.&nbsp; The issue resulting in the slash was deemed to be<a href="https://github.com/paritytech/polkadot-sdk/issues/5778"> bug related</a> and the technical details are still being investigated.&nbsp; Historically, deferred slashes due to bugs were cancelled.
The issue, in my simple interpretation is as follows:
<ul>
<li>There was downtime due to hardware issues</li>
<li>Before the downtime one of my nodes was due to issue a "pre-vote"</li>
<li>When the node was online again, time passed and the prevote was no longer necessary.</li>
<li>The node may have used the local (not sync'd) finalized block as reference and proceeded to issue the pre-vote</li>
<li>Because the pre-vote already issued it resulted in an equivocation which is a slashable offence</li>
<li>Ideally, the node should have determined that time passed and the pre-vote wasn't necessary anymore</li>
</ul>
Given the circumstances and if my interpretation is correct this can happen to any operator who may restart their nodes with a pre-vote "in queue" given a delay in finalized blocks.
The issue was reported immediately but because of the bug, the "slash" was reported some 24 later. Time was also lost while trying to get a technical verdict on whether this was a bug or operator related. Given these delays, it is unlikely to receive a cancellation of the deferral on time. I would however engage the community for a deferral in solidarity.
I have already <a href="https://kusama.subscan.io/extrinsic/0x1721218fbc11aef01268df4b8cdae452a90287f4e0f300eeee8a0e9a9fffa1c4">compensated</a> the slashed parties (rounding up) and I am working on another payout for those affected by any offline time.
Kind Regards, Will | Paradox

WHO: Will | Paradox
WHAT: Submitting a proposal to cancel a "deferred" slash for era 7126 which would be applied in era 7154 due to a bug-related issue resulting in downtime.
PRICE/TIMEFRAME/RESOURCES: Not specified. Will has compensated the slashed parties and is working on another payout for those affected by any offline time.

Cancel Deferred Slash 7126 - Due to application bug

This was submitted with the era the slash took place.&nbsp; However, upon advice and further investigations this should be submitted with the era the slash is due to be enacted. Please vote nay and review the next referenda.

Cancel Deferred Slash - Era 7126 - Vote Nay

### Fixing The Total Issuance

- A bug caused the Total Issuance (TI) to differ from the actual sum of all account balances on Kusama.
- The issue was fixed, but the TI still needs to be adjusted to match the actual balances.
- A script was used to measure the difference between the expected and actual TI.
- The difference is 56.331363194817 KSM, which needs to be subtracted from the TI.
- A whitelisted call will be made to adjust the TI using a specific function.
- This adjustment will be first tested on Kusama before being applied to Polkadot.
- The goal is to ensure the TI accurately reflects the total amount of existing tokens.

WHO: The author of the proposal.
WHAT: Proposes a whitelisted call to re-align the Total Issuance tracking with the actual Issuance on Kusama and Polkadot.
PRICE/TIMEFRAME/RESOURCES: Not specified.

Fix TotalIssuance

### Summary of Proposal

- **Date:** September 2024
- **Proponent:** Amforc
- **Requested KSM:** 2860
- **Purpose:** To test Polkadot's scalability by filling blocks with transactions for 40 minutes on Kusama.
- **Funding Use:** KSM for transaction fees and temporary existential deposits (EDs).
- **Fund Return:** At least 80% of fees will be returned to the treasury. Excess KSM will also be returned.
- **No Profit:** Amforc takes no cut for conducting the experiment.
- **Full Proposal:** Available [here](https://docs.google.com/document/d/1YZNxvBqmpiVvHwq0yQ0EmGsnI7eCh1pieyFQ0WoNkAM).

WHO: Amforc 
WHAT: Showcase Polkadot’s scalability by filling blocks for 40 min on Kusama. 
PRICE/TIMEFRAME/RESOURCES: Requested 2860 KSM to pay for transaction fees and temporary EDs. At least 80% of KSM spent in fees will be returned to the treasury. No cut for Amforc. Full proposal available.

Showcasing Polkadot’s Capabilities: The Spammening Test Run

[Whitelisted Caller] Set AsyncBackingParams.max_candidate_depth to 6

- Four accounts lost funds due to a bug in Kusama's runtime version 1.1.0.
- The bug caused assets to be lost instead of being trapped during cross-chain transfers.
- The lost funds were due to insufficient delivery fees being deducted from the accounts.
- The bug was fixed in Kusama version 1.1.2, after changes from [PR 3085](https://github.com/paritytech/polkadot-sdk/pull/3085).
- The accounts attempted to transfer all their funds, leading to the loss.
- Funds lost due to the bug should be reimbursed.
- Assets that were trapped (not part of this proposal) can be reclaimed.

WHO: The proposal does not specify WHO will be responsible for reimbursing the lost funds.

WHAT: The proposal suggests that lost funds due to a bug in the runtime should be reimbursed.

PRICE/TIMEFRAME/RESOURCES: The proposal does not mention the PRICE, TIMEFRAME, or RESOURCES required for the reimbursement.

[Small Spender] Reimburse accounts affected by an XCM bug

- Pablo is a member of the Polkadot fellowship and Virto DAO.
- He is developing the "Confirmation Candle" feature.
- This feature protects against sniping referenda during confirmation periods.
- The feature is currently in a draft stage on GitHub.
- It will first be tested with the KSM Community DAO in Kreivo.
- The testing aims to showcase and possibly adjust the feature.
- After testing, it may be proposed to Kusama via a wish for change.

Retroactive funding: Confirmation Candle (sniping protection)

### 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

We have a special project to support an artist and honor Gavin Wood. Here's what we want to do:

1. Ask an artist to paint a big picture of Gavin Wood. The artist likes Gavin and has painted famous people before.
2. Make a special digital copy, called an NFT, of the painting for all Kappa Sigma Mu members.
3. Give the real painting to Gavin Wood to say thank you.
4. Share the painting on social media.

This project will help bring people together and show how art and technology can work together. It will cost 506 KSM, which includes paying the artist, sending the painting, and other small costs. We hope you like this idea and support it.

I am writing to propose a unique and meaningful project that not only supports an emerging artist but also honors one of our key figures, Gavin Wood. This initiative aligns with our commitment to fostering creativity and innovation within our community. Project Overview Commissioning a Portrait of Gavin Wood.
We have identified a talented artist who recently exhibited in <a href="https://canal-gallery.com/producto/axe-colours-walter-white" target="_blank" rel="noopener">Barcelona</a> , renowned for creating exceptional portraits of notable figures. The artist also worked for Football Club Barcelona. After an initial discussion with him, he expressed his admiration for Gavin Wood. This enthusiasm for Gavin and his work makes the artist an ideal candidate for this project. The Proposal:
<ol>
<li>Commission a Real Painting: o We will commission the artist to create an original painting of Gavin Wood. Canvas will be 130x195cm. This piece will capture Gavin's essence and serve as a lasting tribute to his contributions to our community and the broader technological landscape.</li>
<li>Creating an NFT: o In addition to the physical painting, we propose creating a Non-Fungible Token (NFT) of the artwork. This NFT will be distributed to all Kappa Sigma Mu members, symbolizing our collective appreciation and serving as a digital memento. We will make an snapshot and distribute the NFTs when the work is finished.</li>
<li>Presentation to Gavin Wood: o The completed painting will be presented to Gavin Wood as a token of our appreciation. It Will be sent and packed well</li>
<li>Marketing: o We have contacted Gavin Wood&rsquo;s office, and he is willing to accept this gift and will share it on X (formerly Twitter). o We also coordinated with the artist to share the work on his Instagram profile (45K followers)</li>
</ol>
Community Engagement: In Kusama, there is a society that rewards individuals for getting a Kusama-themed tattoo. Our goal is to support and expand this society, positioning it as the primary gateway for highly engaged and committed individuals within the Kusama ecosystem. By employing non-traditional and innovative approaches, we aim to foster a vibrant and dedicated community that not only attracts new users but also strengthens their connection to Kusama. By commissioning a painting of Gavin Wood and creating an NFT, we blend traditional art with modern technology, showcasing the positive impact of blockchain. This initiative supports a quite famous artist and unites our members, encouraging more participation and cultivating a sense of community. Next Steps
1. Approval of the Proposal
Upon approval, we will formalize the commission agreement with the artist, outlining the project scope, timeline, and deliverables.
2. Project Execution:
The artist will begin work on the painting, with regular updates provided to ensure alignment with our vision. o Concurrently, we will work on the creation and distribution plan for the NFT.
3. Presentation and Distribution:
Once completed, we will deliever the package to Gavin.
The NFT will be distributed to all members.
Conclusion This proposal represents an opportunity to blend art, technology, and community spirit in a way that honors the founder of Polkadot and Kusama. I am confident that this initiative will not only delight Gavin Wood but also reinforce the values we hold dear within Kappa Sigma Mu.
To sum up:
a-The artist will make a 130x195 cm portrait of Gavin Wood and we will deliever it to Gavin/Parity.
b-We will make an NFT of the portrait to distribute it to the Kappa Sigma Mu members.
c-Paint will be shared on the artist instagram and Gavin Wood&rsquo;s X
d-The total cost of the project is 506 KSM
&bull; Artist's Fee: $8000
&bull; Transportation and Handling: Additional expenses for securely transporting the painting to the desired location: 400 $ &bull;
Miscellaneous Costs: Potential costs for framing, insurance, and other unforeseen expenses: 800 $
Total: 9200$ 9200/18,15 (EMA7 KSM price)= 506 KSM
&nbsp;
&nbsp;
<img src="https://i.ibb.co/dK1Nh4B/rossi-murales4.jpg" alt="" width="639" height="426" />
&nbsp;
Thank you for considering this proposal. I look forward to your support and feedback

Kappa Sigma Mu proposes commissioning a 130x195cm portrait of Gavin Wood by a renowned artist for $8,000. An NFT of the painting will be created and distributed to members. The total cost is estimated at $9,200 or 506 KSM. The completed painting will be presented to Gavin Wood, and the artist will share it on Instagram. The proposal aims to blend traditional art with modern technology, showcasing the positive impact of blockchain and fostering a vibrant and dedicated community.

Proposal for Honoring Gavin Wood through Art and Innovation

KSM.FUN is a parachain on the Kusama network that aims to provide a space for chaos, experiments, and fun. It offers several features, including:

1. UMP/DMP XCM transfer for parachain runtime to support KSM transfers.
2. Kusama (KSM) as the native currency forever.
3. OpenGov for KSM holders, similar to Kusama's open governance but faster.
4. A native decentralized exchange (DEX) with 0% trade fees.
5. Integration of Assets pallet to prevent rug pulls, allowing token creation only via launchpad extrinsic.
6. A simple user flow to create a new token, create a pool with KSM, deploy liquidity, and buy tokens in one extrinsic.

KSM.FUN won the last parachain slot auction in Kusama history and has since changed its name from Memecoinchain to KSM.FUN to attract more users and activity. The team behind KSM.FUN consists of three developers, two Rust blockchain substrate developers, and one Front-end Web3 developer. They have been actively developing bridges and DeFi for the Polkadot/Kusama ecosystem for the past four years.

The source code for KSM.FUN's parachain is available on GitHub, and a video演示 the functionality of creating new tokens and starting trading immediately can be found on YouTube. The creator welcomes feedback and opinions from the Kusama community.

I am <a href="https://rust.dev/">rust.dev</a> and I am super bullish on Kusama.
I believe that our Wild Bird Kusama is the perfect place for chaos, experiments and now fun.
As current market narrative of meme season and one click tokens deployer as pump fun(<a href="https://cointelegraph.com/news/pump-fun-daily-revenue-outpaces-the-next-24-protocols-combined">Pump.fun daily revenue outpaces the next 24 protocols combined</a>) or sunpump meme(<a href="https://cointelegraph.com/news/memecoin-deployer-sunpump-1m-revenue-days-after-launch">1M$ in revenue in 11 days</a>) showed that this kind of product on top of tron and solana L1 solution has got those ecosystems up from the knees.&nbsp;
&nbsp;
<a href="http://ksm.fun/">KSM.FUN</a> is a parachain:
&mdash; UMP/DMP XCM trasnfer configured for parachain runttime to support transfer of KSM from relayer chain and back.
&mdash; Kusama (KSM) is native currency FOREVER.&nbsp;
&mdash; OpenGov for KSM holders. Similar to kusama open gov but just faster track to make desision faster.
&mdash; Native dex.
&mdash; 0% fee on trade compared to 1% each trade fees on pump.fun (this improvement will allow to bring a lot of volume and users to Kusama)
&mdash; Integration of Assets pallet. Config prevents RUGS so it is ONLY possible to create a token via launchpad extrinsic.
&mdash; Simple user flow to execute only 1 Launchpad extrinsic that:
&nbsp; &nbsp; &nbsp; &nbsp; &mdash; creates a new (meme) token. For example GLITCH .
&nbsp; &nbsp; &nbsp; &nbsp; &mdash; creates a pool of new tokens with KSM. LP KSM-GLITCH deploy liquidity.
&nbsp; &nbsp; &nbsp; &nbsp; &mdash; buys the desired amount of tokens from the pool in the same extrinsic. (optional)
I won the last <a href="https://parachains.info/auctions/kusama">parachain slot</a> in Kusama history. It was called Memecoinchain. But since then it has changed its name to KSM.FUN that I believe is more vibrant to attract more users and activity into the Kusama ecosystem. So in the next few weeks KSM fun will be deployed as parachain.
All logic and functionality is tested with a zombienet and contains the polkadot version to support 6 sec block time. We are team of 3 devs, 2 blockchain substrate rust devs and 1 Front-end Web3 Dev.
I am actively developing bridges and DeFi for the polkadot/kusama ecosystem during the last 4 years.
This is my first treasury proposal on Kusama.
My contacts:
Github: <a href="https://github.com/rustninja">https://github.com/rustninja</a>
Linkedin: <a href="https://www.linkedin.com/in/rustdev">https://www.linkedin.com/in/rustdev</a>
Telegram: <a href="https://t.me/rustninja">https://t.me/rustninja</a>
Youtube channel about polkadot/rust substrate development <a href="https://about.web3.online/">about.web3.online</a>.
Source code of ksm.fun parachain for Kusama.
<a href="https://github.com/ksmfun/ksmfun">https://github.com/ksmfun/ksmfun</a>
&mdash;&nbsp; <a href="https://github.com/ksmfun/ksmfun/tree/main/substrate/frame/dex">DEX pallet. create pool, add/remove liquidity and trade</a>
&mdash; <a href="https://github.com/ksmfun/ksmfun/blob/main/substrate/frame/dex/src/lib.rs#L572-L636">Launchpad source code</a>
&mdash; Integration into KSM FUN logic into runtime: <a href="https://github.com/ksmfun/ksmfun/blob/main/templates/parachain/runtime/src/configs/mod.rs#L163-L235">https://github.com/ksmfun/ksmfun/blob/main/templates/parachain/runtime/src/configs/mod.rs#L163-L235</a>
Here is a video of testing KSM.fun on polkadot js overview of functionality of creating new tokens in one extrinsic and starting trading them immediately.
<a href="https://youtu.be/yzbVWxLXwQU">https://youtu.be/yzbVWxLXwQU</a>
Thank you for your time and support.
I am glad to hear any feedback and opinion from you Kusama bulls.

Rust.dev proposes to deploy KSM.FUN as a parachain on Kusama, with a native currency, open gov for KSM holders, a native DEX, and 0% trade fees. The proposal includes the integration of Assets pallet and a simple user flow to create and trade new tokens. The project has been tested and the team includes 3 developers. The proposal is the first treasury proposal on Kusama and the timeframe and resources required are not specified.

Retroactive funding for development of KSM.FUN. Pre-launch phase on Kusama as parachain.

root

lease_admin

fellowship_admin

general_admin

auction_admin

referendum_canceller

referendum_killer

big_tipper

OpenGov Referenda

Origin for signaling that the network wishes for some change

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

Managing the composition of the fellowship

Able to spend up to 8.3333 KSM from the treasury at once

Able to spend up to 33.3333 KSM from the treasury at once

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

Able to spend up to 3,333.3333 KSM from the treasury at once

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