**PolkaBTC is the trustless wrapped Bitcoin representation on Polkadot,** imported via the Bitcoin bridge (BTC-Parachain) built by Interlay. 

PolkaBTC is live on Rococo and Interlay will be launching a public Beta testnet to test the secure operation of the system, in particular Vaults and Relayers. 

To achieve higher participation during Beta testnet, Interlay designed a campaign for incentivizing users to actively test critical components of the bridge by handing out rewards for specific actions / challenges - with feedback from the Polkadot outreach team.
Since the BTC-Parachain does not have a native token, Interlay would like to put forward a motion to fund the PolkaBTC Beta testnet incentives in DOT from the Polkadot Treasury.

**The detailed proposal is presented [here](https://docs.google.com/document/d/1CBhJros7k7S3dJCjXMINUqw37Xj6JK73dzWfOO9sjOY/edit?usp=sharing):** 



**More details about the bridge can be found here**
- [https://polkabtc.io/ ](https://polkabtc.io/ )
- [https://polkadot.network/bitcoin-is-coming-to-polkadot/ 
](https://polkadot.network/bitcoin-is-coming-to-polkadot/ 
)

**More details on Interlay can be found here**: [https://www.interlay.io/ ](https://www.interlay.io/ )


- **Problem Statement:** Interlay aims to fund PolkaBTC Beta testnet incentives in DOT from the Polkadot Treasury to increase participation in testing the BTC-Parachain.
- **Significance:** Incentivizing users to test critical components of the bridge can enhance the secure operation of the system and gather valuable feedback.
- **Proposed Solution:** Fund PolkaBTC Beta testnet incentives in DOT from the Polkadot Treasury to encourage active testing.
- **Expected Outcomes:** Higher participation in testing critical components of the bridge, leading to improved system security and functionality.

#63 Proposal: PolkaBTC Beta Testnet Incentives

No Active Proposals