Encointer Lease2 Treasury Proposal 2/2
This is the second of two planned treasury proposals for the current lease of the Encointer common-good parachain. The first share for Q1 and Q2 2023 had been approved by Kusama OpenGov in Dec 2022.
Since the previous proposal, significant changes have occurred around Kusama's Treasury. The implementation of OpenGov resulted in unsustainable spending levels, leading to a restrictive voter backlash aimed at safeguarding the remaining funds in the KSM Treasury. Considering the remaining funds available, Encointer recognizes the need to adapt its funding strategy. Instead of solely proposing to the KSM Treasury, we will now extend our proposals to the DOT Treasury as well, supported by the assertion that Encointer benefits not only Kusama but the entire Dotsama ecosystem. As DOT treasury proposals experience congestion and OpenGov is soon to be implemented on Polkadot, it is imperative to secure uninterrupted funding for our team and prevent any disruptive downramp-upramp scenarios. Therefore, we propose the following measures:
- This proposal to the KSM treasury shall cover our expenses for July and Aug 2023
- As soon as OpenGov lands on Polkadot, we shall submit a proposal to the
DOT treasury to cover our expenses from Sept onwards
The amount of the proposed spend (1.) is CHF 213’000 ≃ USD 234’000
A growing part of KSM voters is in favor of retroactive funding by the treasury. Encointer claims that enforcing retroactive funding for common goods has significant downsides: Asking teams to front the costs themselves in cases where there is no return on investment will keep those teams small and impacts low. Besides Encointer’s established track record, we’d like to emphasize that the founder of Encointer, Alain Brenzikofer, has worked for Encointer without pay from the beginning, which amounts to well above a person-year by now. So, if you insist on retroactive funding, please consider approving this proposal on the grounds of Alain’s pre-investment.
Comments (15)
Hello, we think the Encointer project is very promising. It's something totally different, than other parachains offers, so we think it's worthy to support your treasury proposal. Actually we even discussed to form a Czech community in some not-so distant future. It might improve social engagement in our local social bubble and motivate people to be part of a community.
Irrespective of how treasury funding has changed, it is useful to hear teams be self-critical - with that in mind it would be useful to hear all of things you don't think are working or are going well - there are many (that's to be expected).
Would you say Encointer's plan for adoption is ahead or behind your anticipated schedule?
Do you think that current approaches to onboarding people / communities is ineffective?
With these issues in mind what help you would like to receive or hope to inspire?
Retroactive is just one model of funding - it has only recently been normalised. There is no reason other structures could not or should not emerge. Are there any that you would consider better suited to common goods?
Further, how do you the encointer team define "common goods" - both within the context of this ecosystem and more broadly? (politically, economically and culturally)
Does Alain take a salary from Integritee and how does the relationship between the two networks relate? It would be useful to outline the structure of the networks with some financial disclosures in the public interest, without it context is missing.