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Tip for Common Good Referendum Deposit Clean-up and Validator Payout Bot

inSmall Tipper
2 years ago
Executed

Dear community,

I would like your support with a common-good initiative that I've embarked up to:

  • Refund decision deposits on Polkadot and Collectives
  • Refund applicable submission deposits on Polkadot and Collectives
  • Help validators who are part of, or originated from the 1KV with their validator payouts

These initiatives are currently funded by myself at a cost of between 10-15 DOT/mth. I intend to expand on the number of validators who are supported by the payout bot from ~10 to 50 in the first tranche. Validators who are interested can signup by submitting a PR to have their stashes added to this file.

Projecting a budget can be difficult as the number of referenda varies per month and the cost for a validator payout also varies with the number of active nominators. Utilizing a linear model, I can assume that at full capacity, the service would amount to 50 DOT/mth. Providing that there isn't significant push-back I would seek top-ups with an 8 week notice for continuity of service.

The address used for payouts is 153NYWsbLZmFRZbuUk1sYoJPkYXQTiR3Efa5u5CohWQBKKr2 and it is the recipient of such funding. Feel free to examine the accounts transactions.

I operate such a service on Kusama and it is very well subscribed. It is also funded by tips that I've integrated into experiments conducted on-chain that we now benefit from (as norms) on Polkadot.

  • Using batch calls for treasury spends
  • Vulnerability discovery and general findings from the above
  • Using the treasurer tracks to manage Gov1 constructs
  • Using the scheduler on the treasurer track to approve and fund bounties with one vote

This referendum seeks 250 DOT (2500000000000 planks) issued to the payee 153NYWsbLZmFRZbuUk1sYoJPkYXQTiR3Efa5u5CohWQBKKr2.

Regards,

Will | ParaNodes | Ecosystem Janitor and other things

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Requested

DOT
250.00 DOT

Proposal Passed

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