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- Bloque lets people use stablecoins easily through a simple code tool.
- You can now watch real-time spending on Kusama Hub for the first time.
- They have processed over $405,000 in payments with more than 4,300 transactions.
- They are working with four fintech companies and have real customers.
- The team is asking for funding to keep growing and make their system stronger.
- They want to add support for local currencies like COP and MXN.
- Their goal is to help more companies use stablecoins for payments.

Support Bloque, the ONLY revenue generating project in Kusama:  72K USD in 6 installments, scale 5x.

Delay Demo #2 Treasury Guardian

- A batch call had an error because a field was set to "0" instead of "None".
- The mistake happened with a transaction to the treasury guardian.
- The team will fix the code and try again.
- A scheduled payment (ID 5) will expire in 15 days.
- There isn't enough time to delay it because voting takes 17 days.
- This proposal creates a new scheduled payment far in the future.
- The team will use the treasury guardian tool to delay this new payment.

New scheduled payout to test treasury guardian

- The referendum is about testing a new tool called Treasury Guardian.  
- It includes a payment to Mr. Bill Laboon, which might be delayed or canceled.  
- The tool helps with milestone-based payments to improve treasury efficiency.  
- The goal is to get more people involved in Kusama and Polkadot OpenGov.  
- Follow [TreasuryEff on X](https://x.com/TreasuryEff) for updates.

Treasury Guardian On-Chain Demo

- **Goal:** Test sending 1 DOT from Kusama Treasury to Bill’s account.  
- **Why?** To check if cross-chain treasury transfers work safely.  
- **Amount:** 1 DOT (worth ≈ 0.25 KSM).  
- **Track Used:** Small Spender (max 10 KSM per proposal).  
- **How:** Uses a special treasury call for multi-asset spending.  
- **Safety:** Small amount, low risk, but proves the system works.  
- **Next Step:** After approval, the DOT will be sent to Bill’s account.

Test Transfer of 1 DOT from Kusama Treasury Back to Bill’s Account

### Proposal 370 Summary

- **25K KSM** moved to Asset Hub Treasury for advanced proposals.
- **3 KSM** payouts planned:
  1. 1 KSM immediately after enactment.
  2. 1 KSM after block 23105000 (about 14 days).
  3. 1 KSM after block 23255000 (about 24 days).
- Follow-up proposal to void the third payout.
- **2 KSM** already sent to Asset Hub Treasury.
- Proposal template for future multi-stage payouts.

Kusama Asset Hub Treasury - Multi-stage payout proposal

### Summary of the Proposal

1. **Objective**: To test the new Treasury on the Kusama Asset Hub and demonstrate the ability to execute XCM calls from the Virto community.
2. **Action**: Transferred 1.1 KSM to the remote treasury account on the Asset Hub.
3. **Beneficiary**: The funds are intended for the account `CuYrHbj4PNqVnpA17o8LDigdNXXYvEU7UaYW3kVyAdQskpE`.
4. **Execution**: After the proposal, a series of referenda will be submitted in Kreivo to move 1 KSM back to the original sender.
5. **Goals**: 
   - Prove the ability to execute XCM calls from any community on the Kusama Network.
   - Demonstrate payouts to any XCM location, not just accounts.
6. **Updates**:
   - Successfully crafted XCM instructions to teleport KSM between the Asset Hub and the Relay Chain.
   - Submitted referenda in Kreivo to move KSM between community accounts.
7. **Limitations**: Limited by current XCM capabilities on the Kusama Asset Hub.

Virto proposes to spend 1.1 KSM to test executing XCM calls from their community on Kusama network. The goal is to prove that payouts can be made to any XCM Location, not just accounts. The proposal includes a series of referenda to move KSM back to the original sender through the Kusama Relay Chain.

Treasury Spends