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Proposal for Funding of Kusama System Parachain Collators

userMile_Sys
2 years ago

Dear Community Members,

We are engaging you in discussion related to topping-up bounty 20 to continue funding of System Parachain Collators and extend it to include funding related to Bridge-hub.

This initiative is an extension of the original System Parachain Collator proposal. Our goal is to incentivize efficient performance, minimize censorship, and ensure ongoing activity on each System Parachain. We intend to achieve this by securing treasury funding for operational costs and by associating disbursements against metrics of performance.

Funding Request:
Infrastructure Costs and Staking Rewards

Coverage: Two Kusama System Parachains (AssetHub and BridgeHub)

Proposal Details

Duration: 6-month runway. Start Date: 1 January 2024

Funding Amounts: 2,478.33 KSM for Kusama System Parachains

We highly value your input and would greatly appreciate your comments and suggestions in what we hope will be a productive and engaging discussion.

Kind Regards,

🐟BlueFin Tuna🐟, Paradox & Mile

Comments (1)

2 years ago

Is this proposer legit? Looking at the explorer I found out he sends funds to this account, which holds 23M$+ worth of tokens: https://www.subscan.io/account/E7ncQKp4xayUoUdpraxBjT7NzLoayLJA4TuPcKKboBkJ5GH How can we trust him and know he is not just "asking" ie. stealing funds? Can't he use a very small portion of those assets to fund operations? Who owns those assets?

2 years ago

@critico 

That is the exchange address.

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