Encointer is determined to launch its "mainnet" as a common good parachain on Kusama. This proposal is the next step and covers the preparation tasks and operation expenses to prepare for the onboarding.
Thanks to all the councillors who have already expressed their support for Encointer's ambition by casting their off-chain vote or letting us know privately.
If you support this treasury proposal, you're also expressing your current support for Encointer to get a common good parachain slot:
Towards the end of our granted lease, the following shall be assessed to decide about extending the common good slot lease:
The proposed treasury spend of 35'800 USD has been translated to KSM at today's 30d average on subscan EMA30 of 364.947 USD
Encointer is planning to launch its mainnet as a common good parachain on Kusama. They have a proposal that includes preparation tasks and operation expenses for onboarding. Many councillors have already shown their support for Encointer's plan. The proposal includes a description, budget, and roadmap. Encointer wants a common good parachain slot before slot 20 for 8 lease periods. At the end of the lease, they will check if Encointer has a working solution, an active ecosystem, integration with other parachains, and good governance. The treasury spend is 35,800 USD, which is equal to KSM at today's 30-day average price.