Dear community,

This referendum gives the community an opportunity to prevent the enactment of referendum 265 under unscrupulous conditions.   I've opted to cancel as opposed to kill which does not slash the proposers deposit.  Imo, there is room (though little) to believe that this is not a scam or joke and under these circumstances one should not be punished for submitted a bad/unpopular referendum.

[Referendum 265](https://polkadot.polkassembly.io/referenda/266) seeks to acquire 999,999 DOT for the purpose of supporting a meme coin $PINK to "shill less tech and more pink".  

Regards,
Will | Paradox | Ecosystem Janitor

Cancel an ongoing referendum.

- `origin`: must be the `CancelOrigin`.
- `index`: The index of the referendum to be cancelled.

Emits `Cancelled`.

- Problem Statement: The issue at hand is the potential enactment of referendum 265 under dubious conditions, which seeks to acquire 999,999 DOT for supporting a meme coin $PINK. The intended audience is the Polkadot community.
- Significance: The problem is significant as it could lead to misuse of funds and potentially damage the reputation of the Polkadot ecosystem.
- Proposed Solution: The proposed solution is to cancel the referendum instead of killing it, which would not result in slashing the proposer's deposit. This approach is suggested as there is a slight possibility that the proposal is not a scam or joke.
- Expected Outcomes: The expected outcome is to prevent the enactment of the questionable referendum, thereby safeguarding the integrity of the Polkadot ecosystem and its resources.

#266 Cancel Referendum 265 - Funding 999,999 DOT for meme coin in the name of Polkadot Marketing.

No Active Proposals