JAMTON is a cross-chain layer (parallelized layer 2) designed to connect the TON (The Open Network) ecosystem, with its 950 million Telegram users, to the Polkadot ecosystem. As a Polkadot parachain, JAMTON will facilitate seamless cross-chain communication, liquidity flow, and user interaction between the two ecosystems, enabling Polkadot-based projects to tap into the vast Telegram user base and liquidity.
JAMTON will act as a gateway, allowing TON projects and Telegram users to seamlessly engage with Polkadot's powerful infrastructure and decentralized applications.
Find out more details in the <a href="https://gateway.pinata.cloud/ipfs/QmTFzijWZfhUwbt6Deu8t7PF3Wea3hhtFPZXLznLwj6rSj" target="_blank" rel="noopener">full proposal document</a>.
&nbsp;
How JAMTON Benefits the Polkadot Ecosystem: 
<ul>
<li>User Growth &amp; Engagement. JAMTON offers a direct bridge to Telegram users, providing easy entry into Polkadot through tools like Telegram Wallet and Mini Apps, boosting user engagement and ecosystem participation.</li>
<li>Increased Liquidity. By connecting Polkadot and TON ecosystems, JAMTON enables an inflow of liquidity from TON token holders into Polkadot-based projects, driving growth in Polkadot&rsquo;s DeFi ecosystem and staking protocols.</li>
</ul>
&nbsp;
Key Deliverables of the JAMTON Development
In this proposal, we plan to build the following core components of the JAMTON project:
<ul>
<li>JAMTON is an EVM-compatible Polkadot parachain with built-in AMM DEX, order book DEX and OpenGov.</li>
<li>JAMTON&rsquo;s multi-chain liquid staking and restaking protocols connecting the TON and Polkadot ecosystems.</li>
<li>Simplified entry for TON users and liquidity into the Polkadot ecosystem.</li>
<li>Telegram Mini App for smooth interaction with JAMTON protocol and dApps.</li>
</ul>
The development roadmap is designed for 1 milestone (3 months). See detailed roadmap and deliverables in the <a href="https://gateway.pinata.cloud/ipfs/QmTFzijWZfhUwbt6Deu8t7PF3Wea3hhtFPZXLznLwj6rSj" target="_blank" rel="noopener">full proposal document</a>.
Deliverables already completed:
<ul>
<li>The initial version of JAMTON is launched as <a href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fton-l2-testnet-rpc.capitaldex.exchange%2Fparachain#/explorer" target="_blank" rel="noopener">JAMTON Testnet </a>(in late October 2024)</li>
<li>Early adopters sign-up is launched (in late October 2024):
<ul style="list-style-type: circle;">
<li>Homepage: <a href="https://jamton.network">https://jamton.network</a> </li>
<li>dApp: <a href="https://app.jamton.network">https://app.jamton.network</a> </li>
<li>Telegram Mini App: <a href="https://t.me/JamtonAppBot">https://t.me/JamtonAppBot</a> </li>
</ul>
</li>
<li>The initial beta version of the JAMTON mainnet parachain is launched (in late November 2024):
<ul>
<li><a href="https://parachains.info/details/jamton/" target="_blank" rel="noopener">JAMTON already has a winning slot in Polkadot auction #80</a></li>
<li><a href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.jamton.network%2F#/explorer" target="_blank" rel="noopener">JAMTON mainnet live explorer</a></li>
</ul>
</li>
</ul>
&nbsp;
Funding Request 
We are seeking a treasury allocation of 78,800 USDT to fund the development of Milestone 1 of the JAMTON project, a game-changing cross-chain solution that connects the Polkadot and TON ecosystems.
This amount will cover:
<ul>
<li>Development and deployment of JAMTON&rsquo;s protocol (Milestone 1).</li>
<li>Infrastructure costs in the initial development phase of JAMTON.</li>
</ul>
We kindly request your support for this strategic initiative, which will position Polkadot as a more interconnected, liquid, and accessible ecosystem through the power of JAMTON.
&nbsp;
See the <a href="https://gateway.pinata.cloud/ipfs/QmTFzijWZfhUwbt6Deu8t7PF3Wea3hhtFPZXLznLwj6rSj" target="_blank" rel="noopener">full funding proposal</a> for more details.

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least
`amount` of `asset_kind` in the native asset. The amount of `asset_kind` is converted
for assertion using the [`Config::BalanceConverter`].

## Details

Create an approved spend for transferring a specific `amount` of `asset_kind` to a
designated beneficiary. The spend must be claimed using the `payout` dispatchable within
the [`Config::PayoutPeriod`].

### Parameters
- `asset_kind`: An indicator of the specific asset class to be spent.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The beneficiary of the spend.
- `valid_from`: The block number from which the spend can be claimed. It can refer to
  the past if the resulting spend has not yet expired according to the
  [`Config::PayoutPeriod`]. If `None`, the spend can be claimed immediately after
  approval.

## Events

Emits [`Event::AssetSpendApproved`] if successful.

- **Problem Statement:** Connecting the TON ecosystem with 950 million Telegram users to the Polkadot ecosystem for seamless cross-chain communication.
- **Significance:** Enhancing user growth, engagement, and liquidity flow between the two ecosystems.
- **Proposed Solution:** JAMTON, an EVM-compatible Polkadot parachain with AMM DEX, order book DEX, and OpenGov, facilitating user interaction and liquidity flow.
- **Expected Outcomes:** Increased user engagement, liquidity inflow, and growth in Polkadot's DeFi ecosystem and staking protocols.

#1319 Treasury Proposal for Funding the JAMTON Project - Milestone 1

No Active Proposals