Encointer Treasury Proposal (budget halving)
16XXo...1FFLb
1tkqj...KfsEn
In our recent referendum 33, DOT holders decided against funding Encointer’s current burn rate of 100kCHF/mt (1.5% of current treasury influx). Nevertheless, Encointer is deemed a valuable common good for the Dotsama ecosystem by many reputable individuals and projects in the Dotsama ecosystem.
With this adapted proposal we are budgeting with a 50% lower burn rate and aim to still achieve valuable goals similar to the ones described in the previous proposal on a relaxed timescale.
This proposal to the Polkadot Treasury shall cover our expenses for Sep-Dec 2023 (4mt)
The amount of the proposed spend is **CHF 238’000 = USD 270’606 = 59'895 DOT
**
Please read our new detailed proposal document
Summary of Planned Actions
- Rampdown to half budget
- Experiment with more scalable approaches within the personhood trilemma design space, leveraging the primitives we already built
- Field test the new Encointer Faucet as additional benefit of participation and onramp to KSM
- Integrations with KILT, Polkassembly and possibly others
AAG appearances for this proposal: AAG59, AAG57, AAG55,
We encourage voters to use encoding of their reasons into the voting amount as proposed here
Comments (12)
Confirmation Period
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of 3Decision Period
28 / 28 days
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Summary
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Nay (127)0.0 DOT
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1ZkV4...4MFEB
In the bear market, we need to bring real value to DOT holder, instead of spending money on meaningless projects.
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129LB...iombz
Hello, When there is no intelligence of your own, is artificial intelligence needed ? We oppose your assumption.