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Incognitee: Privacy Sidechain on Paseo (Retroactive)

inMedium Spender
a year ago
Executed

After rejection of ref 868, Integritee has evaluated the feedback and adapted its request strategy

Integritee has demonstrated a working live deployment of its privacy sidechain technology on Paseo.

Try it now at: https://try.incognitee.io

This proposal extracts only the retroactive part of ref 868 into its own proposal and requests

39’680 CHF  ≃ 44’302.72 USD ≃ 44’302.72  USDT

  • Full Proposal Document
  • initial discussion post
  • approved previous DOT Treasury retroactive funding (ref 617)

We consider this a soft-loan which we will pay back to the treasury with a fraction of fee revenues which each shard of Incognitee earns as long as the target token is present on the Polkadot Asset Hub and can be spent by the treasury. We commit to sending 30% of our gross fee revenue back to the treasury automatically and regularly until we have repaid the soft-loan plus a one-off premium of 10%.

Context:

  • NEW brenzi's Incognitee presentation at decoded 2024
  • Private Transactions on L2 for all Polkadot Chains | Polkadot Decoded 2023 talk by our CTO brenzi: video recording
  • Why Privacy Matters And What Integritee Can Do About it | Polkadot Now India talk by our CTO brenzi: video recording

brenzi also appeared on AAG to explain the previous proposal

Comments (6)

a year ago

Can you please provide contextual information?

a year ago

Lucky Friday have voted AYE. Please consider this a temporary notification after our vote has gone on chain. If you would like additional feedback on our rationale for this vote, please join our OpenGov Public Forum on Telegram here: https://t.me/+559tyPSfmGg0NzUx

Lucky Friday provides feedback once per week (Fridays) if specifically requested in our OpenGov Public Forum, and we respectfully ask that all proponents of referenda interact with us here for the sake of transparency. Please tag our Director of Protocol Relations “Phunky” with your referendum number so that he can gather the relevant commentary from our internal deliberations.

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Requested

USDT
44.30K USDT

Proposal Passed

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