Polkadot Referendum Roundup Week 39: Funding Fiesta

Your Weekly Polkadot OpenGov Digest

Author

Dam Sky
October 01, 2023

Introduction

Welcome to the first edition of Polkadot Referendum Roundup! This week saw the submission of several noteworthy proposals including AIWeb3's operations funding and the Apillon Platform milestone 1 Proposal in a Big Spender track. Let's dive into the key governance updates.

Treasury Update

  • Current treasury balance: 45.24M DOT

Approved 

  • Referenda #140:

    • Proponent: Zhixi Interlay

    • Requested DOT: 75,600 DOT

    • Short Description: Proposal for a comprehensive bounty program aimed at funding the fiat on-ramp service for 20 parachains and the onramp integration for Asset Hub in the Polkadot ecosystem.

    • Note: The proposal submitted was mistakenly categorized as "treasury spending" instead of the intended "bounty" proposal.

Rejected

  • Referenda #138:

    • Proponent: Onfinality.io

    • Requested DOT: 12,153 DOT

    • Short Description: Ongoing & advanced costs for the running of high-performance, scalable, and reliable public infrastructure in Q3 for Polkadot, Statemint, Collectives, Westend, Encointer, Bridgehub Polkadot, and Bridgehub Westend.

Current Proposals

Medium Spender Queue (Voting)

  • Referenda #165: MOTIF.NETWORK proposes a Polkadot Nominator Insight Hub to spread the best nominator strategies | 32,480 DOT | 2d 20hrs ago.

  • Referenda #163: Zhixi Interlay introduces a Polkadot Parachain Assets Onramp Bounty Program | 80,799 DOT (Bounty 27) | 3d ago.

  • Referenda #162: JKRB | Tower Bridge seeks funding for community-driven development to initial release of Polkadot Live | 24,937 DOT | 4d ago.

  • Referenda #160: Web3 Education and Investment proposes AIWeb3 Chinese Unit proposal for September 2023 - March 2024 | 16,231 DOT | 8d ago.

  • Referenda #159: Frankywild proposes a Moderation Team Bounty Curator Proposal | 25,004 DOT (Bounty 24) | 9d ago.

  • Referenda #158: Polkaworld proposes Ops and Maintenance proposal for October 2023 - March 2024 | 32,420 DOT | 11d ago.

  • Referenda #155: The Phunky One proposes leveraging charitable giving in Web3 with Polkadot & Teddy DAO | 45,074 DOT | 11d ago.

  • Referenda #154: PARACHAINS.INFO proposes retroactive and future maintenance/development of Parachains.info | 22,400 DOT | 12d ago.

  • Referenda #153: Brushfam proposes ink! OpenBrush 8-9, 11 milestone delivery | 14,830 DOT | 14d ago.

  • Referenda #148: NotifiNetwork2023 proposes Notifi - Communication & Notification Tooling for Polkadot's Broader Ecosystem V2 | 35,010 DOT | 17d ago.

  • Referenda #147: NotifiNetwork2023 proposes Ignore / Nay (Duplicate Ref) | / | 18d ago.

  • Referenda #141: Cim Topal | missing-link.io proposes increasing hiring success in Polkadot by Missing Link | 44,196 DOT | 24d ago.

Big Spender Queue (Voting)

  • Referenda #161: Matjaz ⧓ proposes the Apillon Platform Milestone 1 | 171,450 DOT | 4d ago.

  • Referenda #157: Tobias Airdrop.com proposes to increase DOT media visibility through media buying and airdrop campaign | 247,060 DOT | 11d ago.

  • Referenda #150: Agyle proposes a Bounty: The Genesis Incentive Pool | 999,999 DOT (Bounty 25) | 13d ago.

  • Referenda #146: Kml proposes KAGOME – the C++ implementation of Polkadot Host milestone 2 | 253,860 DOT | 19d ago.

AAG Presentations Spotlight

Governance in Action

Polkadot Governance Framework by alice_und_bob

Alice_und_bob's thread on a potential framework for differentiating and organizing Polkadot governance generated significant discussion this past week. It proposes separating powers into legislative and executive branches. The goal is reducing uncertainty by establishing shared concepts and processes.

Referendum Roundup Launch Thread

We published an introductory thread explaining the origin and purpose behind launching Referendum Roundup. Our mission is to save readers time by summarizing key developments in Polkadot governance each week in one convenient dispatch.

ChaosDAO Governance Exploit Disclosure

Last week ChaosDAO disclosed their demonstration of vulnerabilities in some Substrate-based chains' governance systems. While concerning, it's a reminder that continuous education and coordination among good faith actors is needed to uplift security.

Closing Thoughts

This week saw robust community participation with thoughtful presentations at AAG and constructive discussions across social forums. It's inspiring to see the Polkadot community engaged in shaping the future of the ecosystem and understanding the responsibilities that come with on-chain governance.

Looking ahead, we'll be monitoring the unfolding status of proposals, so we can generously report back to you. Thank you for following along on this governance journey with us!