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Rejected

#1 Treasury Proposal: Snowbridge Funding Proposal [this proposal will not enact successfully if approved: more info below]

Proposer:
GLVe...F7wj
 
in Democracy
22nd Nov '22

As we navigate OpenGov, we re finding new things: it seems referendum #1 wont enact succesfully, because the call we used (treasury.ApproveProposal) will only be enacted successfully with root origin.

We will need to resubmit this proposal:

  1. on Treasurer track (same one)
  2. with the call treasury.Spend (including the amount in KSM for the allocation)

We are working with the team to resubmit.


Original treasury submission: HERE

This proposal is now up for vote! aiming to cover the development of Snowbridge by the Snowfork team: a fully trustless, permissionless and general purpose bridge between Kusama/Polkadot and Ethereum. The bridge will launch on the Bridge Hub, a common-good parachain that is being developed by Parity for Kusama and Polkadot. This proposal is a funding request for 28 months worth of long term runway for all operations for the Snowbridge team (16 months retroactive, 12 months in future), with the goal to launch as a common-good bridge on the Bridge hub on both Polkadot and Kusama.

The full proposal can be reviewed on the post and includes extensive additional details related to further motivation for supporting and promoting Snowbridge, a long term roadmap, governance and economic plans as well as long term economic incentives for successful execution, launch and running of the project. Please note that both networks are voting on the project: the Polkadot proposal (up for vote by the council as external motion and later by the community if approved) can be found here.

Hash: 0xfae1763e293099ff7858ddf848255fb05efb10b973f49886b5b213b2981fb111

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Proposal Failed

The approval was lesser than the threshold for this track.
Summary
Failed
42.2%Aye
AyeNay
57.8%Nay
Ayes(497)
64.57K KSM
Nays(205)
88.57K KSM
Support
60.02K KSM
Voting Details
Approval0.00%Threshold0.00%
Support0.00%Threshold0.00%
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Based on all comments and replies

Overall 100 % of users are feeling neutral. Hello! We are validating a service that helps teams with treasury proposals so they can focus on building. Please share your experience by filling out this form (https://forms.gle/MwDij4adXEQd7Um79). Your input will help us assess the need for our services. For more info, follow us on Twitter: https://twitter.com/OpenGovAssist

AI-generated from comments

1Comments
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HUj6...GLD6
 
 
13th Aug '23

Hello,

We are in the process of validating a true need for a service to assist teams with crafting and completing successful treasury proposals, so they can focus on building. We would love to hear about your experience with this proposal. If you are willing to take a few minutes, please fill out this form about your experience with the OpenGov treasury proposal process: https://forms.gle/MwDij4adXEQd7Um79

Feel free to leave out any details that your team is not comfortable with sharing, but the more info you can provide, the better we will be able to assess the potential need for our services.

For more info, follow us on Twitter/X: https://twitter.com/OpenGovAssist


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Fellowship Admin

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#508 Remove Gabe from the fellowship
EJgd...JGQZ
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Members of the Fellowship Collective involved in projects flagged by the OG tracker should provide a proper explanation, return the funds to the Treasury, or face expulsion.

Invarch failed to provide the first two, so Gabe, a founding member of the team, does not meet the ethical standards required to have a voice in the Fellowship.

TENETS (extract from the fellowship manifesto)

"Members are expected to faithfully uphold the following tenets.
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(1) Sincerely uphold the interests of Polkadot and avoid actions which clearly work against it.
(2) Respect the philosophy and principles of Polkadot.
(3) Respect the operational procedures, norms and voting conventions of the Fellowship.
(4) Respect your fellow Members and the wider community"

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