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Ratify Payout APPROVED by Ref. 1303 - The Kus

inMedium Spender
10 months ago
Executed

tl;dr

The preimage for Ref. 1303 was pulled during confirmation to avoid payout of AssetHub assets to a Relay Chain Proxy.

This ref intends to rectify the payout approved by Ref. 1303.

Full explanation as well as the original Ref can be found here.

Q: What was the problem?

A: A Relay Chain Proxy as beneficiary of Asset Hub assets would mean the assets were inaccessible. Jay Chrawnna has committed seppuku for the error.

Q: Proof the Preimage was Pulled?

A: You can verify it here - pulled hours before the end of the confirmation period.

Q: Why not wait until Pure Proxy Replication is implemented?

A: Pure Proxy Replication will solve this UX issue however it is unlikely to reach prod for many months which would render the assets useless until then.

Q: Why not submit Root Ref to Replicate Proxy?

A: While such a ref has recently been submitted for several other projects caught in this UX snare, we decided it would be unwise to tie the root track for a single instance. It would also take months during which time the assets would be useless.

Your vote will accelerate the rectification of this payout previously approved. Thank you for the support! ❤️🤖

Comments (2)

10 months ago

Dear @The Kusamarian,

Thank you for your proposal. We approve the payout as decided in referendum #1303. The details can be found in our internal voting.

Good luck,

Permanence DAO

10 months ago

Lucky Friday have voted AYE. Please consider this a temporary notification after our vote has gone on chain. If you would like additional feedback on our rationale for this vote, please join our OpenGov Public Forum on Telegram here: https://t.me/+559tyPSfmGg0NzUx

Lucky Friday provides feedback once per week (Fridays) if specifically requested in our OpenGov Public Forum, and we respectfully ask that all proponents of referenda interact with us here for the sake of transparency. Please tag our Director of Protocol Relations “Phunky” with your referendum number so that he can gather the relevant commentary from our internal deliberations.

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Requested

USDT
253.51K USDT

Proposal Passed

Summary

0%

Aye

AyeNay

0%

Nay

Aye (77)0.0 DOT

Support0.0 DOT

Nay (9)0.0 DOT

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