Proposal: Additional Funding for Polkadot System Parachain Collators
Requested allocation: 21,504.94 DOT
Bounty #32 DOT address: 13UVJyLnbVp9RBZYFwHYxaA7NBbKRCL4bLMscV5JwwLTVE6j
This proposal seeks additional funding to support the operational status and provide a bounty top-up budget for collators on Polkadot's System Parachains. Collators are essential for maintaining network security, decentralization, and performance. While previous referenda have successfully provided the necessary resources for their effective operation, additional funds are required to sustain these efforts and adapt to the expanding network demands.
This proposal will focus on the operational status and the bounty top-up budget, while more detailed information can be found under the bounty page and in earlier proposals, as listed below.
Full Proposal: <a href="https://docs.google.com/document/d/1TeeGoG29HouQ04FaWk2d1ln0AvAf0kA3SASvXQwM0ns/edit?usp=sharing">Google Document</a>
The history of initiatives for Polkadot System Chain collators dates back to mid-2023. They have provided vital support for maintaining the network&rsquo;s stability, security, and decentralization.
<ul>
<li>Referendum 156: <a href="156">Polkadot System Parachain Collators - Tips, August 2023</a></li>
<li>Referendum 288: <a href="288">Polkadot System Parachain Collators - Tips Q4/2023, September 2023</a></li>
<li>Referendum 363: <a href="363">Funding of Polkadot System Parachain Collators, December 2023</a></li>
<li>Referendum 1006: <a href="1006">Proposal for Top-Up for Funding of Polkadot System Parachain Collators, June 2024</a></li>
</ul>
Thank you!

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least `amount`.

### Details
NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

### Parameters
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

## Events

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

- **Problem Statement:** Seeking additional funding of 21,504.94 DOT to support Polkadot System Parachain Collators.
- **Significance:** Collators are crucial for network security, decentralization, and performance.
- **Proposed Solution:** Requesting funds to sustain collators' operational status and provide a bounty top-up budget.
- **Expected Outcomes:** Ensuring continued network stability, security, and decentralization through adequate funding.

#1395 Polkadot System Parachains Collator Bounty #32 Top-Up Proposal - Jan/2025

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