Unfortunately, the previously approved [Referenda #177 ](https://kusama.polkassembly.io/referenda/177) failed to execute as planned. In response to this, we are resubmitting the same proposal.

The events occurred as follows, aligned with the relevant block numbers:

1. Block [#17860314](https://kusama.subscan.io/block/17860314?tab=event&event=17860314-2): The referendum was confirmed and approved (Refer to Event Details for more information). Upon confirmation, the proposal was programmed for enactment at block #17874714, which is 100 blocks later following the established protocol.

2. After 100 blocks referenda was enacted and went into the Scheduler

3. Block [#17863651](https://kusama.subscan.io/extrinsic/17863651-6): At this point, the preimage was unnoted. This action interfered with the scheduled execution of the referendum.

4. Block #17874714: The proposal was set to be enacted at this block by Scheduler in the next treasury spending period. However, with the preimage being unnoted prematurely, the system was left with just a hash and no accompanying instructions for enactment.

Big thanks to Raul for his assistance in identifying the source of this error. 

In light of the unsuccessful enactment of the previously approved proposal, it has been decided to resubmit the proposal as a new referendum. All parts of the proposal stayed the same except the update of KSM EMA7 to $25.52.

The failure in enactment was due to an oversight on my part, and I take full responsibility for this mistake. I kindly request the community's continued support as we resubmit the proposal. 



[Full proposal](https://github.com/CoinStudioDOT/OpenGov/blob/c850956f861c062a2124ab1224b248fe459de582/Documents/%23203%20OpenCommunity%20Governance%20Proposal.pdf)



Propose and approve a spend of treasury funds.

- `origin`: Must be `SpendOrigin` with the `Success` value being at least `amount`.
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

- A previous proposal did not work as planned, so it is being resubmitted.
- There was a mistake that caused the proposal to not be enacted.
- The proposal is being resubmitted with a small update.
- The person responsible for the mistake is taking responsibility.
- The community's support is needed for the resubmitted proposal.

#203 OpenCommunity Governance

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