As part of our university engagement programme (see [here](https://docs.google.com/presentation/d/1LLFxCpO7y1fyIfcdTpDQGkbuPoGy2mFvlusYb1tTe74/edit#slide=id.gc2bb29227c_0_1294)), we would like to request our third phase of funding ($27,000) to pay hackathon prizes.

The amount we are therefore requesting is 658.30 DOT (based on the 30 day moving average of 41.015 according to [Subscan](https://polkadot.subscan.io/tools/charts?type=price)) to pay the prizewinners in the hackathon.

Please find a report of the hackathon and list of prizewinners in the tranche 2 report [here](https://polkadot.polkassembly.io/post/574).

Approve a proposal. At a later time, the proposal will be allocated to the beneficiary
and the original deposit will be returned.

May only be called from `T::ApproveOrigin`.

# <weight>
- Complexity: O(1).
- DbReads: `Proposals`, `Approvals`
- DbWrite: `Approvals`
# </weight>

 
* Requesting 658.30 DOT (based on the 30 day moving average according to Subscan) to pay hackathon prizes as part of university engagement programmes
* Tranche 2 report and list of prizewinners available [here](#)

#129 Encode Polkadot Tranche 3 (hackathon payments)