Encointer seeks for financing of its planned activities for the remaining time of its current common-good parachain lease, split into two proposals. The first part of the funding has already passed as [Motion 510](https://kusama.polkassembly.io/motion/510). The current proposal is the second of two and shall cover the funding from beginning of October to the end of December 2022. Encointer’s common good lease lasts until end of lease period 25, which is currently expected by Dec 12th 2022. Please also consider our [request for common good lease renewal](https://kusama.polkassembly.io/post/1900)

The amount of the proposed treasury spend is CHF 257’500 = **USD 261'491** 

Encointer has onboarded as a common good parachain on Kusama on Jan 9th 2022. Please find our earlier progress reports here:
1. Our recent [treasury proposal](https://docs.google.com/document/d/1eTyZGCTCzo7ZGonVtAmJmc5QYYI0qYHab6z8w56B_F0) includes a detailed report on what we have achieved until June 2022 and what our plans are for the future
2. Our [delivery report](https://kusama.polkassembly.io/motion/510#3f6f0d94-639f-49ec-a0ee-1f4ace1a37c8) on above treasury grant updates the information with achievements in the June-Sept 2022 period
 
The main focus of Encointer is currently:

* to grow its Zurich community in order to prove the viability of its protocol and implementation as well as its economics with a pioneer community.
* to onboard new communities around the world, especially in less developed regions in order to follow its vision.
* to integrate with other parachains in the DotSama ecosystem for sybil-defense, inclusivity and one-person-one-vote democracy.

As a common-good, Encointer has no way to promise any return on investment, so the project relies on grants and donations.

See our [Proposal with full details](https://docs.google.com/document/d/18J6qN0vRNjCpII4BAgitjav0O2JbgV6vCvsKfdQGkFg/edit#heading=h.3mhoboeg6pv8)



Approve a proposal. At a later time, the proposal will be allocated to the beneficiary
and the original deposit will be returned.

May only be called from `T::ApproveOrigin`.

# <weight>
- Complexity: O(1).
- DbReads: `Proposals`, `Approvals`
- DbWrite: `Approvals`
# </weight>

- Encointer is seeking funding for its activities until the end of December 2022.
- The proposed amount is USD 261,491.
- Encointer has been a common good parachain on Kusama since January 2022.
- Their main focus is growing their community, onboarding new communities, and integrating with other parachains.
- Encointer relies on grants and donations as a common good project.

#570 Encointer Growth Treasury Proposal 2/2