candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

### Summary of Update 3.9.24

- **Objective**: Develop a new liquidity pool for asset hubs to help early-stage teams bootstrap funding efficiently.
- **Cost Estimate**: $20-40k depending on complexity.
- **Polkadot 1.0**: Focused on parachain onboarding via crowd loans and auctions, with external financing.
- **Polkadot 2.0**: Replaced crowd loans with coretime sales, removing speculative incentives.
- **Asset Conversion Pallet (ACP)**: Simplifies asset swaps but has inefficiencies for new tokens.
- **Liquidity Bootstrapping Pools (LBP)**: A more efficient method for price discovery and token distribution.
- **Proposed Change**: Introduce a bespoke LBP design to Kusama Asset Hub for smoother project launches.
- **Treasury Participation**: Use on-chain governance to support meaningful project adoption.
- **Research Lead**: Daniel from the Virto/Krievo team will lead the research and implementation.

TimedOut

wish_for_change

Polkadot proposes to develop a new liquidity pool for asset hub to enable early-stage teams to bootstrap initial funding in a sustainable manner. This would create tighter economic alignment between the treasury, native stablecoin integrations, and next-gen parachain teams. The proposal suggests introducing a bespoke LBP design to Kusama Asset Hub, which would lower barriers to entry for teams wishing to launch on coretime and smooth their path to liquidity in ACP and eventual CEX listings enabled by AH. The estimated cost for this proposal is $20-40k depending on eventual complexity.

WFC: Add a Liquidity Bootstrapping Pool (LBP) pallet to asset hub to enable initial price discovery and funding for next gen parachains.

- The post talks about Kusama, a blockchain network, and its issues with high costs for developers.
- It mentions that the last registration event was 71 days ago, and a deregistration event happened 51 days ago.
- The author questions if the network is being built for the community or just for a few system chains.
- The cost to register a new project on Kusama is $21,645, which is higher than Polkadot's $14,390, despite Kusama having a smaller market cap.
- The author suggests the price should be lower, around $720, based on market cap ratios.
- They call on Kusama holders to pay attention to these issues.
- A YouTube video is linked, hinting at future updates that might not lower costs.
- The post ends with concern that Kusama might lose developers and projects if costs remain high.

Executed

The proposal is calling for Parity to reduce the price of registering a new project on Kusama, which is currently 1110 KSM (over $21k), compared to Polkadot's 3300 DOT (around $14k). The author suggests a price reduction to around 120 KSM to attract more developers and projects to Kusama. The proposal also urges KSM holders to take action and prevent Parity from pushing developers towards Polkadot.

Decrease the amount of reserved KSM when register thread id with code/genesis. Warning to all KSM holders and devs!

- OpenGov and treasury help the Kusama community grow by funding projects.
- Kusama wants more parachains to use its system and burn KSM tokens.
- Parachains with more KSM in their accounts should get more rewards from the treasury.
- Example: If 3 parachains have 10K, 70K, and 20K KSM, they get 10%, 70%, and 20% of rewards.
- Rewards can come from treasury funds, monthly collections, or unspent KSM.
- A special tool can automatically check KSM balances and distribute rewards fairly.
- This system encourages real projects and prevents misuse of rewards.
- The goal is to move more KSM to parachains for better development.

OpenGov and treasury is a good thing and we need to use it properly.&nbsp;
We as a kusama community want to see as much as possible use cases on parachains and as much as possible burning of kusama with core time usage.&nbsp;
The best way to turn the table and create good vibe around kusama is to incentivise parachains from treasury depends how many KSM coins are on sovereign accounts of that parachains. This is only one metric that can't be abused.&nbsp;
For examle there are 3 chains on kusama: A, B, C chain. (during period of 28 days)a
A contains on severign account 10K ksm
B contains on severign account 70K ksm
C contains on severign account 20K ksm
So in total 100K KSM bridged from Kusama relay chain to rollups. Each of them will be rewarded proportionally on the sovereign accounts.
10% to A, 70% to B, 20% to C.
KSM for insentivice is from treasury and could be any what KUSAMA open gov will decide. for example
&mdash; % from all KSM in treasury.
&mdash; % from KSM collected during month,
&mdash; % from KSM that suppose to be burned as not spended.
The distribution to parachain/rollups could/should be done automaticly depends how many KSM on sovereign account was each block during the some period.
It could be done via extra pallet that check balances on sovereigns accounts each block and distribute KSM incentives to that accounts proportionally for total KSM during spending period duration.
&nbsp;
This is the best and the fastest way to drive development activity and real product on kusama. 
As open gov we still can try to fund some pallet developments, marketing but at the end of final use case for relay chain native currency is bridging as much as possible KSM to parachain/rollups.&nbsp; To not let abuse the system of insentivise and not drive up only LSD via parachain/sovereign account &mdash; could be good to just apply some formula to that balance of sovereign parachain account that pull down total share of such LSD parachain use cases.

Kusama community proposes incentivizing parachains from treasury based on the amount of KSM coins on sovereign accounts. The distribution of KSM incentives to parachain/rollups will be automatic and proportional to the total KSM during the spending period. The proposal aims to drive development activity and real product on Kusama. The cost and timeframe for the proposal are not specified.

Wish for Change. Make Kusama Great Again.

root

nay, wrong track. sorry.

### 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.

big_spender

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

Encointer is asking for money to pay for things they did from January to June 2024. They made a video with Will from ParaNodes to show that they didn't spend money that others were also spending. They also said they will not ask for half of the money they need to pay their team members. They now want about 3,036 KSM for 6 months of work.

Encointer helps communities make their own money and use it to help their local economy. They have done some good things in 2024, like growing their community in Tanzania and making a new way for people to vote in their community. They also learned a lot from their community in Zurich.

medium_spender

Encointer requests retroactive funding for its expenses in Jan-Jun 2024
This updated proposal addresses the two primary reasons mentioned for the rejection of <a href="420">Referendum 420</a> with a very tight 49.5%.&nbsp;
<ul>
<li>The first concern was the assumption of duplicated spending by different ecosystem participants. The Encointer team attempted to clarify these allegations through comments, but the misunderstanding persisted throughout the decision period. To rectify this, a video together with Will from ParaNodes, the author of the Proposal for Top-Up Funding of Kusama System Parachain Collators (<a href="419">Ref 419</a>), has been produced. <a href="https://drive.google.com/file/d/13Mu2ouBdSsxntsmBtbh9uZzKDEEPNsqb/view">This video</a> explains the different proposals and confirms that no duplicated spending occurred.</li>
<li>The second concern was the perceived high treasury expenditure, given the current state of the treasury. To address this, the Encointer team is offering to officially waive 50% of the team members' salaries, reducing the total treasury request significantly.</li>
</ul>
The reduced amount of the proposed spend is CHF 49&rsquo;350 ≃ 59&rsquo;809 USD&nbsp; ≃ 3&rsquo;036 KSM for 6mt operations
<ul>
<li><a href="https://docs.google.com/document/d/1gXHo0aZbIMmzOY3b1osyalvqX6bF8sT3Pxxklw8Cjpo">Full Proposal Document</a></li>
</ul>
Encointer is a common-good chain on Kusama laying the foundation of a more democratic and more inclusive web3. Its secure and decentralized sybil-resilience protocol enables local communities everywhere to generate their own, autonomous local currency, and use it to stimulate the local economy.
Main achievements in 2024 so far
<ul>
<li>Community development and continued growth of Nyota in Tanzania</li>
<li>Adoption of Encointer faucet</li>
<li>Prototype for democratic community governance (vote weight based on personhood confidence, not funds)</li>
<li>Decentralization of infrastructure</li>
</ul>
Also, some insights and learnings from 2 years Leu Zuerich community: <a href="https://www.youtube.com/watch?v=zsBuoiAszHE">brenzi's EthereumZuri.ch presentation</a>

Encointer requests retroactive funding of CHF 49,350 for its expenses in Jan-Jun 2024. The proposal addresses concerns of duplicated spending and high treasury expenditure by producing a video and waiving 50% of team members' salaries. Encointer aims to build a common-good chain on Kusama for a more democratic and inclusive web3. Main achievements include community development, adoption of Encointer faucet, prototype for democratic community governance, and decentralization of infrastructure.

2nd Encointer Retroactive Proposal Jan-Jun 2024 (Waiving Salaries)

whitelisted_caller

Update Kusama v1.3.0

### Ideal Labs' Onchain Randomness Solutions

- **Objective**: Develop onchain randomness solutions for Substrate-based chains.
- **Projects**: Participated in Web3 Foundation's grant program and the decentralized futures program.
- **Drand Bridge**: Created a Drand bridge pallet for Substrate, enabling verifiable randomness.
- **Arkworks Extensions**: Built a node supporting efficient verification of Drand's pulses.
- **Smart Contracts**: Developed chain extensions and smart contract environments for ink! contracts.
- **Demo Application**: Created a rock-paper-scissors game using the randomness solution.
- **Benefits**: Enhances security, enables timelock encryption, and supports ecosystem growth.
- **Future Plans**: Seek retroactive funding to maintain and expand the pallet, aiming for broader network adoption.

Ideal Labs proposes retroactive funding to develop and maintain a drand to Substrate bridge, bringing verifiable randomness to Kusama. The proposal includes a drand bridge pallet, a node template supporting arkworks host functions, a chain extension, and a contract environment for using randomness in ink! smart contracts, along with a demo dapp. The goal is to provide an easy-to-use module for other networks to acquire secure verifiable randomness and timelock encryption capabilities. Resources and timeline are not specified.

Drand Bridge Pallet | Retroactive Funding

**Alina: Substrate Developer and Content Creator**

- Alina is a Rust/Substrate developer and a graduate of the Polkadot Blockchain Academy.
- She creates beginner-friendly YouTube videos to help developers understand the Substrate environment.
- Her goal is to attract more developers to the Kusama ecosystem.
- She has made three videos:
  1. Explains Polkadot SDK, Substrate, FRAME, and Pallets.
  2. Defines core terms in the Polkadot and Kusama ecosystems.
  3. Discusses the Balances and Assets Pallets in Substrate.
- Alina is requesting a tip of 110 KSM for her work.

small_spender

WHO: Alina, Rust/Substrate developer and Polkadot Blockchain Academy alumni.

WHAT: Creating beginner-friendly technical content on YouTube to attract more developers to the Kusama ecosystem.

PRICE/TIMEFRAME/RESOURCES: Requesting a tip of 110 KSM for the work already done. No specific timeframe or additional resources mentioned.

Retroactive tips for Rust content to onboard developers into PolkadotSDK

small_tipper

SmallTipper

Rejected

Polkadot Apps/Dapps Discovery Platform is a project aimed at creating a central hub for discovering apps, blockchains, wallets, and explorers built on the Polkadot ecosystem. The platform will have a user-friendly interface, search and filter options, project profiles, real-time data, and campaign management tools. The goal is to centralize information, simplify understanding, increase accessibility, enhance visibility, and foster engagement within the Polkadot ecosystem. The project is led by Abdul Kabugu, a Polkadot contributor and winner of multiple hackathons. The timeline includes design and prototyping in the first phase and public launch in the second phase.

WHO: Abdul Kabugu, a Polkadot contributor and developer.

WHAT: Create a unified platform for developers and users to discover and engage with apps, blockchains, wallets, and explorers built on the Polkadot ecosystem.

PRICE: $10,000 ($4,700 for Phase 1 and $5,300 for Phase 2).

TIMEFRAME: Phase 1 (Design and Prototyping) - 1.2 months, Phase 2 (Public Launch) - 1 month.

RESOURCES: UI/UX design, prototype development, feedback collection, public release, user feedback, bug fixes, ongoing support, and continuous improvement.

Polkadot Apps/Tools Discovery Platform

This proposal is about changing the burn mechanism in the Kusama and Polkadot protocols. The current system burns 2% of the treasury's funds if they are not spent within a certain time. The proposal suggests allowing OpenGov to change the parameters of the burn mechanism, making it more flexible and easier to control. This would help avoid running up a large balance and encourage spending. The proposal also mentions redirecting 10% of the burn to the Kappa Sigma Mu society account.

Kusama proposes to allow OpenGov to change the parameters of the burn mechanism, which currently burns 2% of treasury funds if not spent. This will enable tokenholders to control the protocol and avoid unnecessary burns. The proposal suggests that it should be quite trivial to make the BurnDestination configurable on runtime/governance as part of the new inflation pallet.

WFC: Allow OpenGov to change the parameters of the burn redirect if not currently possible with upcoming inflation pallet

- **Project Name**: QueryWeb3  
- **Goal**: Create a platform to gather and organize information in the Polkadot and Kusama ecosystems.  
- **Problem Solved**: Makes it easier to find important data like staking yields, airdrops, and top projects.  
- **Features**:  
  - Find high-yield financial products.  
  - Track wallet activities and big transactions.  
  - Check NFT rewards and airdrops.  
  - Use AI to provide smart information.  
- **Benefits**: Better user experience and faster access to important data.  
- **Equity**: 5% to Kusama treasury, 10% to Polkadot treasury.  
- **Future Plans**: Add more services like investment tools and app chains.

WHO: H1qzURXmYGLfwMsviLpMeN8S9zjAPmc1LBCSeQkCAieKUFs

WHAT: Develop a BI and AI-powered information service platform for the Polkadot and Kusama ecosystem to address information fragmentation, improve information retrieval and transaction efficiency, enhance user experience, and increase user satisfaction.

PRICE/TIMEFRAME/RESOURCES: 3270 KSM ($56833) from 2024/08/20 to 2024/11/20. Kusama treasury to receive 5% equity, while Polkadot treasury to receive 10% equity.

QueryWeb3

Subscan is a block explorer and analytics tool for the Kusama network. It helps the community by providing insights and information. To keep Subscan running, it needs money for things like computers, security, and people to work on it. The people who make Subscan want to get money from the Kusama treasury to help pay for these things.

They are asking for $56,144.12 from the Kusama Treasury. This includes money for the time from April to June and some money for later in the year. The amount of KSM (Kusama's money) they will get will be decided by the price of KSM at the time they ask for the money.

You can read more about their proposal here: [link to proposal]

The people who make Subscan say thank you to the community for their help and feedback. They have tried to make their costs lower, but they need to keep Subscan good and updated. If they don't get the money they need, they might have to stop Subscan from working on the Kusama network. They hope to keep helping Kusama and want the community's support.

Subscan requests a reimbursement of $56,144.12 USD from the Kusama Treasury to cover the operation and maintenance fees for Subscan from April to June 2024, including server infrastructure, security, and personnel costs. The reimbursement will ensure the continuous operation and maintenance of Subscan, contributing to the growth and development of the Kusama network. The final KSM amount will be calculated based on EMA7 at the time of official submission.

Subscan | Infrastructure Costs of Subscan for Kusama & Statemine Networks (from April to June 2024)

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

UniversalDot Foundation is creating a decentralized freelancing app using Substrate. They have already built a Minimum Viable Product (MVP) with help from a grant by the WEB3 Foundation. The MVP is already deployed and can be explored through their documentation and demonstration videos. They are asking for more funds to continue developing and launching the app. The community's feedback is important for funding this project. The full proposal and additional project details can be found in the provided links.

UniversalDot Foundation requests additional Treasury funds to continue developing and launching their decentralized freelancing application built on Substrate. The MVP has already been built, and they are seeking community feedback and funding. No specific price/timeframe/resources are mentioned.

Freelancing Platform Development

[Big Spender] Wrong proposal, please vote nay

- A proposal to help more people learn about and use the Polkadot blockchain in China.
- Plans to work with six universities to teach blockchain courses in Chinese.
- Goals include training students, creating educational content, and helping graduates join blockchain projects.
- The project aims to bring over 3,000 new users into the Polkadot ecosystem.
- Monthly reports will be shared to show progress and results.
- The team has experience in blockchain education and has worked with top universities in China.
- They hope to expand the project to more universities in the future.

Proposal: College Blockchain IUR(Industry-University-Research) Cooperation Proponent: GoJFTV1woTYY24MJhB3bBrWLrmH1RfHBxawo4Lt24fMbrnU Date: July 31, 2024 Requested KSM: to be completed at submission, we apply for 1911 KSM total allocation for August 2024 - October 2024 (3 month) depending on EMA(30) AVG rate (KSM = 22.29 USDT) Short description: Accelerate the enthusiasm of Dotsama ecosystem builders to participate and cultivate more potential high-quality developers potential users to enter the Polkadot ecosystem.
Review of previous proposal voting processes
Although the first two proposals were not passed, we are well aware that this is a result of the community's careful and responsible evaluation of the proposal content and the hope to do better. In the first proposal vote, we applied for a semester-long budget, because the courses we offer cannot be interrupted midway. However, based on the opinions given by the community, the second application to the treasury reduced the budget to 3 months, but our workload will not be reduced by half.
During the second vote we had received a lot of positive feedback from the community and adjusted a lot of work content after careful consideration and received widespread recognition and support, but unfortunately the vote was maliciously sniped three times from three anonymous addresses suspected to be the same voter during the confirmation period and failed to pass. We still welcome this sniper to actively communicate with us and provide constructive feedback to help us better improve our work content, and sincerely hope that all parties can support us again.
From the last proposal vote to this time, the 30-day moving average price of KSM has changed from $25 USDT to $22.29 USDT. So the amount applied for this proposal has changed. Before you read the proposal, please see the information about us and the contracts as below：
<a href="https://docs.google.com/document/d/1rjOjTYholcG0HdLnnNFRRRHjk2ilErUzL6qrY6wUgOI/edit?usp=sharing">https://docs.google.com/document/d/1rjOjTYholcG0HdLnnNFRRRHjk2ilErUzL6qrY6wUgOI/edit?usp=sharing</a>
There were very few participants in every Dotsama offline event in China, China is a huge market but Dotsama&rsquo;s influence is not enough, so I think cooperation with universities will be a good solution, the promotion will be more efficient.
Problem and Solution
The basis for the continued prosperity of the Dotsama ecosystem is a steady stream of high-quality developers. We very much agree with the educational philosophy and practical results of Polkadot Blockchain Academy (PBA).However, the high participation threshold and steep learning experience, especially English-taught courses, have dampened the enthusiasm of a large number of potential developers and builders. We believe that in the Chinese community, there should be an introductory course for PBA and a mechanism for a large number of undergraduate graduates to participate in the construction of Dotsama.
To this end, we will establish IUR-DAO and cooperate with six Chinese universities (more universities will be involved in the future). We offer PBA-based Chinese introduction courses in these six universities to guide potential developers and users to the Dotsama ecosystem through a combination of undergraduate graduates' learning, innovation and entrepreneurship. Briefly, we intend to carry out four main tasks in this proposal:
<ol>
<li>Cooperate with Six Universities on the Dotsama ecological project.</li>
<li>Create PBA-based Chinese introduction courses and train the university&rsquo;s blockchain course instructors.</li>
<li>Carry out graduate project design and entrepreneurial practice or join an existing parallel chain team for internship.</li>
<li>Guide and recommend outstanding graduates to participate in Polkadot Hackathon.</li>
</ol>
In the future, we will make improvements based on the actual results of this project and promote it to more Chinese universities to cooperate with us.
Please see the Introduction to partner universities、budget and further informations:
<a href="https://docs.google.com/document/d/19b1YnfxyFYTryvRU4VWt6fygRqGuFdw4eohlIefCHmo/edit?usp=sharing">https://docs.google.com/document/d/19b1YnfxyFYTryvRU4VWt6fygRqGuFdw4eohlIefCHmo/edit?usp=sharing</a>
Key Results and Goals
Workscope &amp; OKR Breakdown: August 2024 - October 2024
Objective：Accelerate the enthusiasm of Dotsama ecosystem builders to participate and cultivate more potential high-quality developers to enter the Dotsama ecosystem.
Postscript : Since every September to the following January is the opening season which is the first semester in China, and the second semester is the graduation season, from February to July, our proposal workload is based on semester statistics,However, after the first application to the treasury was rejected, the community suggested changing it to three months, but our workload will not reduce by half. So the work content below is still based on semesters.
1、PBA Chinese introduction course
OKRs for the 6 months period of this proposal:
-Completed the Chinese translation of PBA-Book.Based on the technical characteristics of Polkadot and the necessary knowledge points for developing basic applications, combined with the actual knowledge level of undergraduates, the PBA English course has been appropriately tailored.
-Trained for CUIT instructors how to use the PBA Chinese introductory course.
-Use the PBA Chinese introduction courses to train around 900 undergraduate students in each university
-The recorded live streams will be uploaded to YouTube channel.
-Select highlights from the live streams will also be transcribed into text and published as articles.
2、Cooperation framework with universities
OKRs for the 6 months period of this proposal:
-Sign cooperation agreements with more universities.
-Developed an innovation and entrepreneurship Dotsama training plan for over 3000 students.
<ul>
<li>Innovative training project: Undergraduate students individually or in teams, under the guidance of instructors, independently complete the design of polkadot innovative experimental methods and write summary reports, etc. The innovation training project advocates the application of projects based on practical problem research combined with the needs of cutting-edge technology in the blockchain industry, and is encouraged to be combined with undergraduate graduation thesis (design).</li>
<li>Parachain training project: Under the guidance of school instructors, each student plays one or more specific roles in the project implementation process. By conducting feasibility studies, preparing parachain plans, and simulating operations, Carry out a certain level of coding, write entrepreneurial reports, etc.</li>
<li>Entrepreneurship practice project: Under the joint guidance of school mentors and business mentors, student teams use the results of previous innovation and entrepreneurship training projects to propose an innovative product or service with market prospects, and carry out entrepreneurial practice activities based on this. -Distributing all contents across more than 3 largest blockchain media or communities outlets in China.</li>
</ul>
3、Educational Contents Production
OKR for the 6 months period of this proposal:
-Select 100 outstanding papers from 1000 undergraduate graduation papers and publish them in no less than 5 mainstream blockchain media or communities in China.The total number of delivery times is not less than 100*5.
-Topics other than outstanding papers include introducing infrastructure projects in the Polkadot ecosystem, parachains,helping the community understand ecological diversity and the experiences during the learning process.
-Design and produce a graduation certificate in the form of NFT.
4、User metrics
OKR for the user growth goal we want to achieve based on the above three work results:
-Target users: more than 3000 users to enter the Dotsama ecosystem.
-Potential builders: more than 50.
-marketing means:
<ul>
<li>Publish a Dotsama-related article every month to attract users to follow the Wechat official account.</li>
<li>Host 1 online/offline activities once a month and transfer the user from the broadcast room to the Wechat official account. I</li>
<li>nclude a follow method at the end of all our videos.</li>
<li>Occasionally release our own custom-designed Dotsama swags to attract users to follow and share articles to increase article views.</li>
<li>Each month, we collaborate with one ecosystem project to launch small user growth activities, such as DeFi liquidity provision, staking, gift giveaways, and airdrops. These are specifically designed events that require close coordination with the eco teams.</li>
</ul>
5、Reporting
IUR-DAO will focus on the Polkadot technical education in China assisting the Dotsama Community to expand the impact and cooperate with potential projects to help them build the dApp on Polkadot. We will publish a Monthly Review and Report on Polkassembly on the last day of every month, including performance data and all activities and materials created, to be shared with the Direction channel and comments on our original proposals for regular updates.
Why us？
We are one of the first domestic units engaged in improving professional skills in the digital economy under the general outline of the "Digital China Development Plan". The founding team was invited to participate in China's second global blockchain industry conference in 2016. Summit Forum, in 2018, it cooperated with the first batch of blockchain universities in China, such as Tsinghua University, China University of Political Science and Law, Shanghai Jiao Tong University, Shenzhen University, etc., and was inspected by national leaders. At the end of 2020, in accordance with the national vocational education policy and combined with the requirements of industry, market and enterprise development, the unit recommended that the Ministry of Human Resources and Social Security establish a new profession of blockchain operator and was approved. At the same time, it participated in the formulation of the "National Vocational Skills Standards for Blockchain Application Operators (2021 Edition)" and is the only professional skill level certification organization for blockchain application operators in Zhejiang Province. Certification work such as "Blockchain Application Operator", "Digital Twin Application Technician" and "Digital Solution Designer" can be carried out within Zhejiang.In April 2023, the first batch of "AIGC Application Engineer" and "Prompt Engineer" courses in the country was opened providing teaching services: courses and training systems, multimedia teaching systems.
We rely on the digital economy industry venture capital fund to cultivate talents and industrial investment and incubation action paths, fully tap the needs of local industry improvement and momentum conversion, and support the development of major Internet companies and emerging industries through talent cultivation and industry It combines development with smart technology and digital-real linkage and conversion with local industries to achieve social significance such as digital economic transformation and regional economic growth.
For specific information about the further information about this project, please send us an email for consultation.Email address: iur.pro@protonmail.com.

WHO: GoJFTV1woTYY24MJhB3bBrWLrmH1RfHBxawo4Lt24fMbrnU

WHAT: Establish IUR-DAO and cooperate with six Chinese universities to offer PBA-based Chinese introduction courses, train instructors, carry out graduate project design and entrepreneurial practice, and guide outstanding graduates to participate in Polkadot Hackathon.

PRICE/TIMEFRAME/RESOURCES: Requesting 1911 KSM total allocation for August 2024 - October 2024 (3 months) depending on EMA(30) AVG rate (KSM = 22.29 USDT).

College Blockchain IUR(Industry-University-Research) Cooperation

### Summary of Bounty 11 Progress

- **Curator Request:** The previous curator of Bounty 11 failed to extend the expiry and is now unassigned. They propose to be reassigned to finish their work.
  
- **Achievements:**
  - Refactored vesting scan.
  - Extracted assets pallet scan and fixed bugs.
  - Added a package to scan recovery pallet business.
  - Supported proxy pallet scan.
  - Created a GraphQL server to serve business data.
  - Developed new front-end pages for vesting and recovery.
  - Refactored front-end pages for assets.

- **Failures:**
  - Failed to attract more developers through child bounties due to time-consuming collaborations.

- **Plan:**
  - Next step is to implement proxy-related UIs.

OpenSquare proposes to be reassigned as the curator of bounty 11 to continue their work. They have achieved several milestones, including refactoring vesting scan and creating a GraphQL server. They failed to bring more developers through child bounties. Their plan is to implement UIs related to proxies after finishing the proxy scan.

Reassign curator of bounty 11

- **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

- Kusama is considering a $30 million deal with ABO Digital for stablecoin financing over 3-5 years.
- Stablecoins help reduce payment volatility and support growth in the Kusama/Polkadot ecosystem.
- Benefits include low risk, automation, and no middlemen.
- Downsides are slow acquisition, fixed terms, and lack of flexibility.
- The deal allows Kusama to draw funds as needed, with no obligation to use the full amount.
- ABO Digital gets a 10% discount on KSM tokens, aligning their profits with Kusama's success.
- The deal is higher risk but could lead to better strategic planning and lower costs over time.
- Kusama will also integrate Brale for native stablecoin minting, keeping yields within the ecosystem.

Kusama is negotiating a $30m financing deal with ABO Digital to acquire stablecoins for the treasury, allowing for more active strategic planning and budgeting. ABO Digital would receive a 10% discount on the spot price EM7/14/30 etc, and there is a structuring fee for the deal. The deal is a convertible note structure, meaning the Kusama treasury receives stablecoins immediately while ABO has 12 months to sell down their received KSM. The size of each call on the facility is up to the Kusama community, and there is no obligation to draw down from the funding. The stablecoins from this deal can be natively minted in Kusama AH, with the yield remaining within the ecosystem.

WFC: Negotiate a $30m structured financing deal between Kusama and ABO Digital to acquire stablecoins for the AH treasury via a series of strategic draw downs over the next 3-5 years.

OpenGov Referenda