Polkassembly - Treasury Proposal: Retroactive Funding for "A Report on Parachain Netflows until March 2023" #1780

Treasury Proposal: Retroactive Funding for "A Report on Parachain Netflows until March 2023"

2 years ago

An analysis was performed to visualize netflows of DOT/KSM between parachains. Traditionally, exchange netflows are defined as the aggregate inflow and outflow of tokens on exchanges. We translate the concept to parachain netflows as the aggregate movement of DOT/KSM between parachains.

This proposal seeks retroactive funding of the project.

The final solution contains
A Github repository with all the results: The full report: Polkadot Parachain Netflows until March 2023, charts of the netflows for Polkadot and Kusama, Source code to produce the visualization, datasets to produce the visualization, a video that explains the project and summarizes the findings

Comments (2)

2 years ago

Hello team,

Below are some questions and suggestions:

An analysis was performed to visualize netflows of DOT/KSM between parachains. Traditionally, exchange netflows are defined as the aggregate inflow and outflow of tokens on exchanges. We translate the concept to parachain netflows as the aggregate movement of DOT/KSM between parachains.

Q: Was this analysis commissioned by any parachain? If yes, please indicate which ones as well as the details of the initial request.

Visualizing how DOT moves between parachains was not possible before. This leads to opaqueness in which DeFi products are actually successful in attracting DOT and leaves onlookers pray to form their opinion based on marketing instead of facts.

Q: Can you please provide more details about this perceived issue? One sentence is not enough for explaining the relevance of XCM transfers of DOT to DeFi and its users, let alone the relevance of the report in this context.

Impact on Stakeholders
Polkadot users can use the results to help form their opinions about developments in the ecosystem.
Parachain teams can see how their work impacts parachains and compare the results of their work and the work of others.

Q: Is this deliverable being used by stakeholders? If so, please provide quantitative/qualitative data that reflects the impact of this solution/initiative in the ecosystem.

Maintenance Strategy
It is the intent of the author to deliver quarterly reports on parachain flows. Furthermore, it is the intent of the author to publish the software that produced the dataset in separate projects.

Suggestion: This proposal needs to include some more data to back the need for this solution to be deployed and maintained over time.

The work afforded to produce the results is 26 hours:
Capture the data (8 hrs)
Query the data (2 hrs)
Write the code to visualize the charts (4 hrs)
Write the report (4 hrs)
Video production (4 hrs)
Public Promotion (2 hrs)
Project management and administrative tasks (2 hrs)
The delivery will be performed by Tommi Enenkel / Alice und Bob.
The hourly rate is 125€/hr.

Q: Can you please provide some comparative rates from existing data aggregation projects in the ecosystem? This is important to help the community assess the hourly rate requested.

Requested amount: 26 hrs * 125 EUR/hr = 3_250 EUR

Suggestion: Given that the 26hours of work completed involve various non-technical items such as social media/content creation, marketing, and project management; it would be more judicious to assign separate hourly rate based on the complexity of the tasks completed. Ideally, data analysis tasks and public promotion tasks should be billed at different rates.

Final suggestion: All in all, this proposal seems to be more of an independent/ad hoc contribution to the ecosystem, and, as such, it might be more suitable for a tip proposal rather than a treasury spend proposal. See the comparable units of work below that recently received a tip:

2 years ago

great work, positive direction, unique offering. only q - why not propose to kusama?

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