This is our proposal for milestone M8.2 of our roadmap towards TEE-validated sidechains.

[Full project description and history](https://polkadot.polkassembly.io/post/111)

[Delivery of M8.1](https://polkadot.polkassembly.io/post/111#33001a84-4f69-4d3f-be6e-bbfad0048854)

According to the original roadmap linked above, we had initially estimated efforts for M8.2 to be 20'700 CHF.

Even though M8.1 has caused more efforts than we had estimated, we will hold true to our initial estimate. We have 1.3 FTE ready to work on this and we expect to deliver within 3 weeks after our proposal has passed approval.

Current exchange rates:

DOT moving average MA(25)@1day today is 18.12 USDT on binance

USDT is 0.8945 CHF according to coinmarketcap

Even though the current market is in our favor, we think a volatility risk margin of 10% is justified. Markets usually crash much faster than they rise.

We therefore propose a treasury spend of 
20'700*1.1/18.12/0.8945 = 1405 DOT

 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>

- This is a proposal for milestone M8.2 of a project.
- The estimated cost for M8.2 is 20,700 CHF.
- The project team is ready to work on this and expects to deliver within 3 weeks.
- The current exchange rates are provided.
- The proposal suggests spending 1,405 DOT from the treasury.

#61 SubstraTEE scalability M8.2