As part of our university engagement programme (see [here](https://docs.google.com/presentation/d/1LLFxCpO7y1fyIfcdTpDQGkbuPoGy2mFvlusYb1tTe74/edit#slide=id.gc2bb29227c_0_1294l)), we would like to request our fourth and fifth phases of funding (£60,000) to pay hackathon prizes.

The amount we are therefore requesting is 3950.96 (based on the 30 day moving average of 19.919 according to Subscan) to pay grants to accelerator teams and cover the cost of running the accelerator.

Please find a report the report of tranches 4 and 5 [here](https://polkadot.polkassembly.io/post/934).


The proposal outlines AngelHack's Polkadot Global Series: APAC and Europe Edition, aiming to foster engagement within the Web3 community. AngelHack seeks funding for the event's execution, emphasizing its impact on developer outreach and project adoption within the Polkadot ecosystem.

Database Storage Structure Optimization: Improved the structure for better performance.

Database Data Cleanup: Removed redundant data for efficiency.

Merged prod-c data into prod-a: Consolidated database instances.

Node Service Testing and Migration to Onfinality: Transitioned node services for efficiency.

Resource Optimization: Adjusted resource usage for cost-effectiveness.

Data Backup Type Adjustment: Changed backup methods for cost savings.

Service Log Adjustment: Implemented a self-hosted log center for better monitoring and reduced costs.

- The university wants money to pay for prizes for a hackathon.
- They are requesting £60,000 for this.
- They also need £3,950.96 to give grants to accelerator teams and cover the cost of running the accelerator.
- You can find more information about this request in a report [here](https://polkadot.polkassembly.io/post/934).

#103 Encode Club Polkadot Club - Tranche 4 and 5 funding

No Active Proposals