Hi Derek, this would be awesome!

Having a "proper" accounting system for crypto assets would be a dream come true... We use one of these commercial crypto-tax solutions mentioned in the proposal and we still struggle to reconciliate across all different networks, different tokens, different decimal places, different API specs, different CSV file formats, too much pain, and it never matches actual balances!

I wish you the best and hope to see Subledgr going beyond substrate-based assets and become the de-facto Quickbooks for crypto.

Regards..

Milos

Hello Derek and thank you for submitting this proposal for discussion! 🌞

Accounting is one area of account management that is often overlooked in this ecosystem, despite being essential to numerous stakeholders (especially Treasury spends recipients!). From that perspective, Subledgr's proposition already looks very promising.

A few comments/questions:

• From my understanding, Subledgr will be an independent platform/tool that users can connect to with their wallets to have an overview of their account operations for the purpose of accounting. Obviously, this solution will require integration of ecosystem wallets to reach as many users as possible.

Q: Have you already started to liaise with wallet teams about this project? If so, has their feedback informed this proposal, especially since some of them are developing their own Portfolio management tools?

• One of the features proposed by Subledgr will be the provision of Tax returns/submissions reports. However, tax filling is a process that has many variables and small prints, with each country (and sometimes each state within a single country!) outlining their own requirements.

Q: What kind of information will these tax reports provide to users and on the basis of which jurisdictions? Will there be options for customising these reports?

• When designing new tools for ecosystem participants, the recommended approach is to conduct as many user tests as necessary to get the best MVP possible, and also deliver maximum value to the community from the Treasury funds received.

Q: Are you planning to onboard ecosystem stakeholders into your developments for testing purposes? If so, will you provide incentives/rewards for their time/contributions?

• Finally, the proposal document mentioned background information about the project manager (you) and team budgets, but there are no actual team member names. Building a team after receiving funding for a project is common practice, so this is not an issue per se.

C: It might be an option to let community members know if there are open positions in this project, so that they can get in touch if they have the relevant skills/expertise to contribute later down the line.✍🏿

Thank you for your time!