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Bounty Proposal for Public RPCs for Relay and System Chains

6205 days ago

This is a joint-proposal by BlockOps, Dwellir, LuckyFriday, OnFinality, RadiumBlock, RockX, and Stakeworld. Valuable input to this proposal has also been made by the proposed curators.

TL;DR:

This proposal outlines a procurement strategy for public RPC services in Polkadot and Kusama ecosystems, aiming for high-quality, decentralized, and cost-effective services. It addresses the vital need for reliable RPCs, emphasizing their role in applications like Polkadot.JS and wallets. The strategy focuses on optimizing quality of service, sustainable cost, and decentralization, introducing key definitions and standards. Tenders from RPC providers can follow two models: cost targets or predefined service levels. The proposed budget is $400,000, split between Polkadot and Kusama treasuries.

Introduction

This proposal aims to implement a procurement strategy for public RPC services in the Polkadot and Kusama ecosystems. The goal is to ensure high-quality, decentralized, and cost-effective services for essential applications like Polkadot.JS and wallets. The need for robust public infrastructure was emphasized during Polkadot Decoded discussions.

Problem Statement

Reliable public RPC services are crucial for the growth of the Polkadot and Kusama ecosystems. Existing applications, such as Polkadot.js.org and Nova Wallet, require optimal functioning for an enhanced user experience. The proposal addresses the challenge of balancing service provision with sustainable treasury spending. It acknowledges the evolving role of light clients and the continued need for RPCs and bootnodes.

Proposed Strategy

The procurement strategy aims to optimize quality of service, sustainable cost, decentralization, and simplicity. Key definitions, such as curators, independent RPC monitoring, system chains, and qualified RPC providers, are outlined. Quality of Service Reports and Service Agreements form essential components, with predefined standards and penalties for non-compliance.

Tender Submission and Evaluation

A transparent process is proposed for RPC providers to submit tenders, with defined standards of service. Two potential options for tenders are presented: one focusing on cost targets and the other on predefined service levels. The curators, responsible for evaluation, scoring, and public announcement of selected providers, will ensure transparency and community involvement.

Operations Phase

RPC providers awarded service agreements are obligated to provide services throughout the six-month operations phase. Independent RPC monitoring will assess performance, and metrics will be made public. Providers will be paid monthly in arrears based on the EMA7 day average price of DOT/KSM.

Budget and Costings

The proposed budget for the program is $400,000, providing a 12-month runway for assessment. Funding will be split between Polkadot and Kusama treasuries, with curator payments of $350 per month from the Polkadot portion. The budget accounts for potential quarterly expense variations based on traffic and evolving requirements.

Read the full proposal here.

We are excited to share this proposal and are eager to hear your thoughts and feedback. Please feel free to comment, share your insights, and make suggestions to help refien this proposal further.

This proposal has been put forward by the following members of the RPC community:

BlockOps, Dwellir, LuckyFriday, OnFinality, RadiumBlock, RockX, and Stakeworld.

Polkadot Bounty

This specifc bounty is to cover the Polkadot related chains, and Westend & Rococo. This bounty proposal also covers the costs for the stipends to the curators, and also the external monitoring.  EMA7 $5.89/DOT was used to calculate $265,542.86 to 45,083.68DOT.

Comments (4)

150 days ago

Upcoming Tender Rounds for Public RPC Bounty Program

The Public RPC Bounty program announces new tender rounds to onboard RPC service providers for Polkadot and Kusama. This is a prime opportunity to showcase your skills and contribute to blockchain innovation. Key highlights include:

  • Key Dates: Submission deadlines begin on 19th Jan 2025, with announcements on 29th Jan 2025. Tender 2 starts 1st Feb 2025 and ends 31st July 2025.
  • Eligibility: Proof of incorporation, expertise in RPC services, and operational readiness.
  • Service Standards: 99% uptime, <200 ms latency, and adherence to strict SLAs.

For more details on submission requirements, scoring criteria, and timelines, read the full document here.

Interested parties can join the group via the following link: Telegram Group

Polkadot Fixed Costs Overview

The Public RPC Bounty program involves structured monthly payments to providers and curators across the Polkadot ecosystems. For details on the distribution of costs and the breakdown by beneficiary, refer to the complete summary available here.

Updated set of curators, new Polkadot Multisig Wallet Details

Multisig members:

  • frankywild: 13YWynHAu8F8uKZFbQwvPgJ67xizvo21HCEQU3Ke8z1XHoyT
  • coinstudio: 13mUoL3pRW6JGtqkFf3Kzn2WEeqbuchtVMRziXdBxdF3Rn2f
  • tim janssen: 1pHpxvp2CYscDreozYQdBkJkUkLFQftxQTAwMs5M1a6GRBf
  • cappex: 12dR4JYh1iPkaJXLSTbqz9iUpm6diRces6wJ6SAjkhmnwixN
  • pastaman: 14tcZ9ibPGdMwb7XXE4QChgVuJU1xXTvDFpV3E1HpMajbBsH

3/5 Multisig Wallet Address: 1LAoRZ32uSE2dBYeAp9wtQWB5tuHFxYwwUyPfwGY7KDi3mv

Proxy Address: 16kVHWJsyEw6ZF7MnpTa9HjAChi2vinbV5q9LizR64aJ5xNX.

120 days ago

Tender Round 2 Update

Hey everyone,

Thank you to all the providers for submitting their proposals for this tender round. Over the past week, curators have been thoroughly reviewing the submissions. The competition was incredibly close, with many decisions coming down to the smallest details.

During Tender Round 2, we received a total of 8 tenders. The results, including the winning tenders for each chain, the selected service providers, their final scores, and the cost for their services, are available here.

Image

We sincerely thank all service providers for their participation and for the excellent services delivered to support the network. Congratulations to the winning providers on their successful tenders.

Thank you all!

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