Abstract - Ongoing costs for the running of high performance, scalable, and reliable public infrastructure for the Moonriver network from 1st April 2023 until 30th June 2023 (3 months).
Motivation - Setting up blockchain infrastructure is difficult, time consuming, and expensive. A shared node API service helps mitigate these barriers of entry to trying accessing a new protocol by reducing all these costs to near zero. In summary, we try to reduce the pain of getting started on the Moonbeam Networks and minimise the costs of accessing secure nodes while traffic from your dApp is low.
Project Overview and Team Experience - OnFinality is a SaaS platform providing infrastructure services for the Polkadot/Substrate community. Our mission is to support all blockchain developers in the world by providing core infrastructure so they can focus on building the next dApp.
Overall Cost - We've created two proposals to cover the combined running costs for our infrastructure - one for Moonriver network and one for both Moonbeam and Moonbase Alpha Networks. The total outstanding costs for these networks are 3,081.3435 MOVR (USD$17,145.17) and 100,215.4235 GLMR (USD$25,543.41) respectively.
Use of Treasury Funds - All funds will be used to pay for resources and infrastructure used to provide the service during January, February, March (Q1) of 2023.
Specifications - We have a heavily modified multi-cloud and multi-region landscape that maximizes performance, reliability, scalability, and decentralisation. Additionally, we are proud to have delivered some key service enhancements that benefit the ecosystem in the last quarter.
Steps to Implement - This service has already been provided and we are proud to have achieved 100%, 99.59% and 100% uptime for Moonriver, Moonbeam and Moonbase Alpha respectively (https://status.onfinality.io/ ).
Full Proposals can be found here:
Once the community has reviewed and is happy to proceed we will lodge the proposal on chain.