The purpose of this proposal is to top up our total initial request from [REF #541](https://polkadot.polkassembly.io/referenda/541), as due to the fluctuation of DOT price, we received 13.95% less.

- Initial request: $34500, equivalent to 4471 DOT at $7.716 per DOT.

- Received (17.04.2024): $29687.44, equivalent to 4471 DOT at $6.64 per DOT.
 
- New request: $4812.56, equivalent to 724.78 DOT at $6.64 per DOT.

Given the successful deployment of the [Universal Hybrid Faucet](https://substratefaucet.xyz/) in production, we are now requesting the top up to fulfill our commitment of maintaining the faucet for 2 years, as proposed in the approved proposal. We refrained from rushing for the top up initially, prioritizing the completion of development.

View proposal [#541 here](https://polkadot.subsquare.io/referenda/541).

Thank you.


- **Problem Statement:** Adjusting the funding request due to a decrease in received funds caused by fluctuations in DOT price.
- **Significance:** Ensuring adequate funding to maintain the Universal Hybrid Faucet for 2 years.
- **Proposed Solution:** Requesting a top-up of $4812.56 to cover the shortfall in funding.
- **Expected Outcomes:** Fulfilling the commitment to maintain the faucet for the specified duration.

#904 Top Up request: Universal Hybrid Substrate Faucet

No Active Proposals