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Fund system chains sovereign accounts on Polkadot BridgeHub for Polkadot<>Kusama bridge
The P<>K bridge charges user fees on originating Asset Hub, but it pays relayer rewards from AssetHubs' sovereign accounts on sibling BridgeHub parachains. These relayer rewards are a large part of the bridge's "operating costs". For initial deployment, AssetHub's sovereign accounts on BridgeHubs should be pre-funded by treasury. An initial 10100 DOT and 2030 KSM is proposed to be split among the relevant system chain sovereign accounts to provide initial bootstrap runway to the bridge. This will only be an initial seed. As the bridge operates, it should cover operation costs (relayer fees) from the user fees paid on Asset Hub, and any unspent user fees ("bridge profits") are going to the treasury anyway, so in the longer term these funds are practically paid back (plus profits). Exact system chain addresses being funded and amounts for each can be found here: https://github.com/polkadot-fellows/runtimes/issues/238 Already whitelisted by https://collectives.subsquare.io/fellowship/referenda/88
Comments (2)
Proposal Passed
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ChaosDAO would like to provide the following feedback from our community. We offer this feedback voluntarily in the spirit of OpenGov, in order to help teams improve their proposals so we can all build the network together.
ChaosDAO votes as a collective based on the results of our anonymous internal voting procedures. Our members are not required to provide any feedback about why they have voted in a particular direction. Similarly, to respect our members' right to anonymity, we will not be sharing names of individuals who have chosen to voluntarily provide feedback.