Nova Wallet 6th Proposal: Retroactive Reimbursement: Swaps, Seamless DApp Browser, Portfolio View, SwipeGov, New Polkadot Ledger App Support, Runtime Updates, and more!
Full proposal: <a href="https://docs.google.com/document/d/10x9cYyNMV92Ol58Eped-fFNRUniRjTUfU2lEGyIqtyc">Nova Wallet 6th Proposal</a>
<img src="https://i.ibb.co/d2t4nrq/Nova-Wallet-Main1.jpg" alt="Nova Wallet Main1.jpg" />
&nbsp;
Feature set of the proposal (see <a href="https://docs.google.com/document/d/10x9cYyNMV92Ol58Eped-fFNRUniRjTUfU2lEGyIqtyc">proposal</a>):
<ul>
<li>In-app Swaps, Seamless DApp browser,</li>
<li>Portfolio view and Assets tab upgrade,</li>
<li>SwipeGov with AI summary,</li>
<li>Governance improvements,</li>
<li>New Polkadot Ledger app support,</li>
<li>Runtime updates XCM improvements</li>
<li>&hellip;and more (See <a href="https://docs.google.com/document/d/10x9cYyNMV92Ol58Eped-fFNRUniRjTUfU2lEGyIqtyc/edit?pli=1&amp;tab=t.0#heading=h.lll6yfsfk59f">Deliverables Table</a> in the <a href="https://docs.google.com/document/d/10x9cYyNMV92Ol58Eped-fFNRUniRjTUfU2lEGyIqtyc/">full proposal</a>)</li>
</ul>
&nbsp;
Context of the proposal <img src="https://i.ibb.co/Ky7cNz7/Nova-Wallet-Bento.jpg" alt="Nova Wallet Bento.jpg" />
<a href="https://novawallet.io">Nova Wallet</a> is secure, open source, and is the leading app for the Polkadot ecosystem:
<ul>
<li>🌌 100+ Polkadot eco &amp; EVM networks</li>
<li>👑 1-Click Onboarding with Google and Apple accounts</li>
<li>☁️ Secure Cloud backups to sync across multiple devices</li>
<li>🥞 Staking: 14+ options including DOT, KSM, AZERO, GLMR, and more!</li>
<li>🙌 Super simple staking supporting both Nomination pools and Direct staking with our 2-in-1 flow &amp; analytics and alerts </li>
<li>🔀 1-Click in-app Swaps with 425+ Cross-chain channels</li>
<li>🙋🏼&zwj;♀️ 1-Click Voting with SwipeGov, OpenGov, Agile Delegations, &amp; Gov v1 support</li>
<li>🗣️ Support for 14 Languages </li>
<li>🌐 Seamless DApp browser with support for the Polkadot JS &amp; MetaMask protocols</li>
<li>🔗 WalletConnect v2 support</li>
<li>🖼 Access to RMRK, AssetHub, KodaDot NFTs </li>
<li>📱 Hardware wallet support for Polkadot Vault, Parity Signer &amp; Ledger Nano X</li>
<li>🙆 100 000+ monthly active users on both iOS &amp; Android</li>
<li>🔔 Push Notifications for news, staking, balances, and governance</li>
<li>💲 Support for multiple fiat currency displays</li>
<li>🤝 Proxy accounts (Delegated Authorities) Support</li>
<li>📶 Network Management: add any Substrate/EVM chain, manage nodes</li>
</ul>
&nbsp; &nbsp; In December 2023, our previous (5th) Treasury Proposal was approved, and we have now successfully delivered upon those proposed features and more. Please refer to the <a href="../post/2527">Nova Wallet 5th Treasury Proposal report</a> for more details.
&nbsp; &nbsp; Nova Wallet is the most popular Polkadot ecosystem wallet in terms of on-chain metrics on multiple fronts. If we look at staking, currently over 9.6 MILLION DOT has been staked with Nova Wallet by over 12 THOUSAND users &ndash; which represents around ~26% of all nomination pool stakers. Nova Wallets validators have 1,565 nominators &ndash; which represents around ~5% of all direct staking nominations. Overall ~17% of all DOT stakers are staking via Nova Wallet.
&nbsp; &nbsp; See <a href="https://novawalletapp.medium.com/nova-wallet-the-best-staking-app-2024-report-68f52c5267f1">our recent article</a> from January 2025 which gives an overview of popular wallets and liquid staking protocols in terms of the amount of DOT being staked via these methods.
&nbsp; &nbsp; It is also possible to determine the popularity/market share of different wallets within the Polkadot ecosystem when it comes to in-app swaps thanks to Hydration&rsquo;s referral code mechanism. In terms of total users that have used one of the ecosystem wallets to carry out swaps within the wallet&rsquo;s UI, Nova Wallet has an ~83% share of the userbase, and ~70% in terms of the total volume of transactions on Hydration.
&nbsp; &nbsp; This is a retroactive proposal which has not historically been the norm for Nova Wallet, however, due to the evolving nature of Polkadot with frequent runtime updates, we have decided that requesting treasury funds in a retroactive manner is more suitable for our operations. This is because it is not possible to determine ahead of time the amount of work that we have to carry out in order to ensure that breaking changes do not impact our user base. As the most popular wallet in the Polkadot ecosystem, ensuring that our users have the best possible user experience is paramount. As such we will work towards a general roadmap, introducing cutting-edge features just like those have become known for over the past 3 years, whilst also ensuring that our products face no issues due to unforeseen circumstances such as runtime upgrades, and then we will request funds retroactively &ndash; allowing the community to validate our work by testing these new features before deciding on their votes for our treasury requests.
&nbsp; &nbsp; Our goal for Nova Wallet is to build and maintain a high-quality, open-source, community-focused, and feature-rich mobile application, that has no network biases and can function with no limitations/restrictions. Nova Wallet is the leading app in the ecosystem by the following criteria:
<ul>
<li>Feature set &amp; high quality (reliability, security. performance, usability)</li>
<li>Total amount of active users</li>
<li>Amount of Staked tokens to Nomination Pools and Validators</li>
<li>Amount of users &amp; total volume using an application's built-in swap feature</li>
</ul>
&nbsp; &nbsp; Apart from developing the open-source Nova Wallet <a href="https://github.com/nova-wallet/nova-ios-app">iOS</a> &amp; <a href="https://github.com/nova-wallet/nova-android-app">Android</a> mobile applications, our team is consistently contributing to the Polkadot ecosystem by providing open-source SDKs, design assets, knowledge-sharing sessions, and infrastructure. Examples include:
<ul>
<li>Substrate SDKs for <a href="https://github.com/nova-wallet/substrate-sdk-ios">iOS</a> and <a href="https://github.com/nova-wallet/substrate-sdk-android">Android</a> development</li>
<li><a href="https://github.com/nova-wallet/nova-utils">Nova Utils GitHub</a> &mdash; metadata &amp; configs for networks, DApps, cross-chain transfers</li>
<li>SubQuery API projects <a href="https://github.com/nova-wallet/subquery-nova">developed</a> and <a href="https://nova-wallet.github.io/subquery-nova/">hosted</a> by Nova Wallet team, including <a href="https://github.com/nova-wallet/subquery-governance">Governance-focused project</a>. Used by other ecosystem wallets as well</li>
<li><a href="https://www.figma.com/community/file/1039874427311142565">Nova Assets Figma</a> &mdash; design assets: Polkadot eco tokens, networks, DApps, etc.</li>
<li><a href="https://nova-wallet.github.io/metadata-portal/#/polkadot">Hosted metadata portal</a> for Polkadot &amp; Kusama ecosystem networks &mdash; metadata portal for Polkadot Vault and Parity Signer hardware wallets</li>
<li><a href="https://www.youtube.com/playlist?list=PLi8ol7g_VgHE6ODDyvaWyLn-JhFIiERB_">Polkadot in Action</a> &mdash; series of videos &amp; articles focused on onboarding people to help utilize the power of Polkadot &amp; Kusama ecosystem through the Nova Wallet</li>
<li><a href="https://github.com/nova-wallet/opengov-delegate-registry">Delegate Registry</a> &mdash; an open-source repository for Delegates to fill out their information to attract more delegations through the Agile Delegation feature with other apps are using it (besides Nova Wallet)</li>
</ul>
&nbsp; &nbsp; More Polkadot user-facing products by Novasama &amp; partners:
<ul>
<li>Designing and Developing <a href="http://t.me/telenova_app_bot">Telenova </a></li>
<li>Designing and Developing <a href="https://novaspektr.io/">Nova Spektr</a> &mdash; all-in-one desktop app for Polkadot ecosystem</li>
<li>Developing the <a href="https://x.com/Polkadot/status/1811342289735655651">Polkadot App </a></li>
<li>Developing the <a href="https://youtu.be/MrWioikibEI?t=2104">Polkadot Citizenship App </a></li>
<li>Developing and Maintaining <a href="https://vault.novasama.io/">Polkadot Vault</a> (starting from 2025)</li>
</ul>
Find out more about the products Novasama develops in our <a href="https://medium.com/novasama-technologies/novasama-2024-year-of-growth-d0c915fb7fe1">2024 end-of-year blog post</a>.
<img src="https://i.ibb.co/hf8cyv2/Nova-Wallet-Features.jpg" alt="Nova Wallet Features.jpg" />
&nbsp; &nbsp; &nbsp;This proposal covers the retroactive reimbursement of deliverables for 9 months as detailed in the Deliverables Table of full proposal.
Please feel free to review the full proposal: <a href="https://docs.google.com/document/d/10x9cYyNMV92Ol58Eped-fFNRUniRjTUfU2lEGyIqtyc">Nova Wallet 6th Proposal</a>

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:** Nova Wallet aims to request retroactive reimbursement for various features and improvements in order to adapt to the evolving Polkadot ecosystem.
- **Significance:** Nova Wallet is a popular app in the Polkadot ecosystem with a significant user base and staking activity, making it crucial to continuously enhance and maintain its features.
- **Proposed Solution:** Requesting retroactive funds to support ongoing development, runtime updates, and new features like in-app swaps, DApp browser, portfolio view upgrades, and more.
- **Expected Outcomes:** Enhanced user experience, improved functionality, and continued innovation within the Polkadot ecosystem.

#1391 Nova Wallet 6th Proposal: Retroactive Reimbursement: Swaps, Seamless DApp Browser, Portfolio, SwipeGov, New Polkadot Ledger, Runtime Updates, and more

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