Proponent: OpenSquare(ESgz7GLVW7BL5DhRgpVnxSXVwaKt4ytWcrf52TY1GQD1cEb)
Date: 05/03/2022
Requested Allocation: 190.63 KSM (EMA30 price of KSM on subscan is 157.893)
Product link: https://voting.opensquare.io
This product is originally funded by w3f grant and you can find the proposal here and the delivery PR here. We have done a lot of work to improve it, got some achievements and are requesting fund to support the last 4 monthes work after the grant delivery.
In a word, you can see OpenSquare off-chain voting as snapshot implementation in the polkadot ecosystem. Users can create proposal with specified block heights and vote off chain with the user balance as the weight.
Now the assets it supports including:
Multiple assets supporting make it possible that voting with one asset from different chains. Currently there are no proposals in kusama space, but we can see we support voting with $KSM from Kusama, Statemine, Karura, Bifrost and Moonriver.
Most substrate based chains have onchain governance, but off-chain voting still makes sense with following reasons:
balance-of
, qudratic-balance-of
and biased-voting
to calculate the voting result.All in all though we have the onchain governance, off-chain voting provides a different way to help community engage more in the governance. We can use it for:
There are assets in different forms in the dotsama ecosystem. An asset may exists as a Statemine asset, a ORML token, or even a ERC20 token. This off-chain voting tool can be used as their formal governance tool with which nearly all forms of tokens can be used to vote a proposal.
Fortunately we've got several users.
We've got more users.
Our work include:
Please check the code diff. We will request about 15 FTE days each month to cover the common structure work. This request doesn't include our customization for the ecosystem projects, and we won't request it from dotsama treasury.
+-----------------------+----------------------+---------+
| Item | monthes | Cost |
+-----------------------+----------------------+---------+
| Monthly development | 4(12.2021 - 03.2022) | $30,000 |
| 15 FET day/month | | |
+-----------------------+----------------------+---------+
| Server(Hetzner cpx41) | 4 | $99 |
+-----------------------+----------------------+---------+
| Total | | $30,099 |
+-----------------------+----------------------+---------+
Payment conditions:
Overview: OpenSquare's off-chain voting is like Snapshot for the Polkadot ecosystem. It allows users to create proposals and vote using their token balances.
Supported Assets: It supports various tokens, including native tokens, Statemine assets, ORML assets, and ERC20 tokens on Moonriver and Moonbeam.
Use Cases:
Examples: Used by RMRK for NFT curation, Kintsugi for pre-voting, and Karura for community opinion collection.
Metrics: The platform has gained more users since its launch.
Work and Budget: The team requests funding for 4 months of development, server costs, and other expenses totaling $30,099.