<p>The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of public RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We would like to emphasise that we do not collect any user data. We only track average rpc requests rate, computation and bandwidth use. We are proud to operate one the highest performance RPC service in polkadot ecosystem <a href="https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/">as measured by CompareNodes</a>.</p>
<h3 id="serviceusagesummary"><img src="https://i.ibb.co/7t7ZhSN/image-2023-08-18-T10-16-47-021-Z.png" alt="" width="640" height="384" /></h3>
<h3 id="serviceusagesummary">Service Usage Summary</h3>
<p>For Q4 2022 (Oct-Dec)</p>
<ul>
<li>Our Polkadot RPC nodes have served an average of 21 million responses per day</li>
<li>Our Statemint RPC nodes have served an average of 450k responses per day</li>
</ul>
<p>For Q1 2023 (Jan-March)</p>
<ul>
<li>Our Polkadot RPC nodes have served an average of 11 million responses per day</li>
<li>Our Statemint RPC nodes have served an average of 315k responses per day</li>
</ul>
<p>Major updates</p>
<ul>
<li>Converted our deployment to a Hybrid On-Prem + Cloud(AWS) computing</li>
<li>Expanded to 12 Edge locations including South America, Africa and India</li>
<li>Switching from Q2 2023 to a reduced and fixed cost model (~$25k) per quarter</li>
<li>Expanded service to common good chains, Westend and Collectives</li>
</ul>
<pre><img src="https://i.ibb.co/xjYvg7Z/image-2023-08-18-T09-02-20-019-Z.png" alt="" width="640" height="337" /><br /><br /></pre>
<p>We continue to engage in the ecosystem as an infrastructure provider for other para chains too for RPC and node services. Our full <a href="https://docs.google.com/document/d/1FWizmMAVRvXJy8ZVTN-jfYMD4lfEJpYm/edit#heading=h.vddmprgyspc">proposal is posted here.</a></p>

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We operate one the highest performance RPC service in polkadot ecosystem (https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/)

We are seeking 
- $44,247 for Q4 2022
- $31,218 for Q1 2023 Total
- $8,863 for Q3 2022 Slippage Loss
- 500 DOT to cover gov1 to opengov switch bond loss

RadiumBlock is committed to providing high-quality infrastructure services to our customers. Our mission is to continuously improve and innovate in order to meet the evolving needs of the Web3 ecosystem. Over these last two quarters we have significantly overhauled our infrastructure resulting in the following:

- Deployed Hybrid On-Prem + Cloud computing strategy
- Expanded Edge locations (12 locations worldwide including South America, Africa and India)
- Security upgrades
- Significant cost reduction Quarter to Quarter
- Moving in future to reduced and predictable fixed price SaaS model of $25500/quarter
- Expanding service to common good chains, Westend and Collectives

We continue engagement in the ecosystem as an infrastructure provider for other para chains such as Astar, Ajuna with others planned. 

### Service Usage Summary
For Q4 2022 (Oct-Dec)

- Our Polkadot RPC nodes have served an average of 21 million responses per day
- Our Statemint RPC nodes have served an average of 450k responses per day

For Q1 2023 (Jan-March)

- Our Polkadot RPC nodes have served an average of 11 million responses per day
- Our Statemint RPC nodes have served an average of 315k responses per day

Our [full proposal is posted here.](https://docs.google.com/document/d/1FWizmMAVRvXJy8ZVTN-jfYMD4lfEJpYm/edit#heading=h.vddmprgyspc) 

RadiumBlock seeks reimbursement for Polkadot Endpoint Service (Q4 2022 and Q1 2023)

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We operate one the highest performance RPC service in polkadot ecosystem (https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/)


RadiumBlock is committed to providing high-quality infrastructure services to our customers. Our mission is to continuously improve and innovate in order to meet the evolving needs of the Web3 ecosystem. Over these last two quarters we have significantly overhauled our infrastructure resulting in the following:

- Deployed Hybrid On-Prem + Cloud computing strategy
- Expanded Edge locations (12 locations worldwide including South America, Africa and India)
- Security upgrades
- Significant cost reduction Quarter to Quarter
- Moving in future to reduced and predictable fixed price SaaS model of $25500/quarter
- Expanding service to common good chains, Westend and Collectives

We continue engagement in the ecosystem as an infrastructure provider for other para chains such as Astar, Ajuna with others planned. 

### Service Usage Summary
For Q4 2022 (Oct-Dec)

- Our Polkadot RPC nodes have served an average of 21 million responses per day
- Our Statemint RPC nodes have served an average of 450k responses per day

For Q1 2023 (Jan-March)

- Our Polkadot RPC nodes have served an average of 11 million responses per day
- Our Statemint RPC nodes have served an average of 315k responses per day

Our [full proposal is posted here.](https://docs.google.com/document/d/1FWizmMAVRvXJy8ZVTN-jfYMD4lfEJpYm/edit#heading=h.vddmprgyspc) 

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost. We operate one the highest performance RPC service in polkadot ecosystem (https://www.comparenodes.com/global-node-comparison/407c5245-0c6f-4abe-be49-1ff0b25a2938/)


RadiumBlock is committed to providing high-quality infrastructure services to our customers. Our mission is to continuously improve and innovate in order to meet the evolving needs of the Web3 ecosystem. Over these last two quarters we have significantly overhauled our infrastructure resulting in the following:

- Deployed Hybrid On-Prem + Cloud computing strategy
- Expanded Edge locations (12 locations worldwide including South America, Africa and India)
- Security upgrades
- Significant cost reduction Quarter to Quarter
- Moving in future to reduced and predictable fixed price SaaS model
- Expanding service to common good chains, Westend and Collectives

We continue engagement in the ecosystem as an infrastructure provider for other para chains such as Astar, Ajuna with others planned. 

### Service Usage Summary
For Q4 2022 (Oct-Dec)

- Our Polkadot RPC nodes have served an average of 21 million responses per day
- Our Statemint RPC nodes have served an average of 450k responses per day

For Q1 2023 (Jan-March)

- Our Polkadot RPC nodes have served an average of 11 million responses per day
- Our Statemint RPC nodes have served an average of 315k responses per day

Our [full proposal is posted here.](https://docs.google.com/document/d/1FWizmMAVRvXJy8ZVTN-jfYMD4lfEJpYm/edit#heading=h.vddmprgyspc) 

The RadiumBlock team, an infrastructure provider for the Polkadot/Substrate community, is seeking reimbursement for the provision of RPC services for the Polkadot networks for Q4 2022 and Q1 2023. We are committed to the DotSama ecosystem and we are investing significant capital upfront, believing we can provide a reliable and secure service to the community at a fixed and reasonable cost.

RadiumBlock is committed to providing high-quality infrastructure services to our customers. Our mission is to continuously improve and innovate in order to meet the evolving needs of the Web3 ecosystem. Over these last two quarters we have significantly overhauled our infrastructure resulting in the following:

- Deployed Hybrid On-Prem + Cloud computing strategy
- Expanded Edge locations (12 locations worldwide including South America, Africa and India)
- Security upgrades
- Significant cost reduction Quarter to Quarter
- Moving in future to reduced and predictable fixed price SaaS model
- Expanding service to common good chains, Westend and Collectives

We continue engagement in the ecosystem as an infrastructure provider for other para chains such as Astar, Ajuna with others planned. 

### Service Usage Summary
For Q4 2022 (Oct-Dec)

- Our Polkadot RPC nodes have served an average of 21 million responses per day
- Our Statemint RPC nodes have served an average of 450k responses per day

For Q1 2023 (Jan-March)

- Our Polkadot RPC nodes have served an average of 11 million responses per day
- Our Statemint RPC nodes have served an average of 315k responses per day

Our [full proposal is posted here.](https://docs.google.com/document/d/1FWizmMAVRvXJy8ZVTN-jfYMD4lfEJpYm/edit#heading=h.vddmprgyspc) 

Treasury

Propose and approve a spend of treasury funds.

- `origin`: Must be `SpendOrigin` with the `Success` value being at least `amount`.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

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

- The RadiumBlock team is asking to be reimbursed for providing public RPC services for the Polkadot networks.
- They are committed to the DotSama ecosystem and have invested a lot of money to provide a reliable and secure service.
- They track the number of requests and usage but do not collect any user data.
- In Q4 2022, their Polkadot RPC nodes served an average of 21 million responses per day, and their Statemint RPC nodes served an average of 450k responses per day.
- In Q1 2023, their Polkadot RPC nodes served an average of 11 million responses per day, and their Statemint RPC nodes served an average of 315k responses per day.

Requested: 0.19 undefined

#34 RadiumBlock seeks reimbursement for Polkadot Endpoint Service (Q4 2022 and Q1 2023)