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Rejected

Requested:

5.00 KSM

#245 Wrong recipient, vote nay -- Reopened as #247

Proposer:

HERT...afdU

in Democracy

Beneficiary:

(5.00 KSM)

27th Jul '23

(Edited)

Description

Votes Bubble

Timeline

Evaluation

On Chain Info

Stats

Wrong recipient, vote nay -- Reopened as #247

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Users are saying...

Based on all comments and replies

Overall 50 % of users are feeling optimistic. @paradox analyzed the transaction history of addresses involved in last-minute voting on referenda, looking for connections and potential goals. He shared his findings in the Chaos DAO discord. Setting up a verified identity will help ensure credibility and transparency in the future discussions.

Overall 50 % of users are feeling against it. Tom, your tip proposal is lacking fundamental aspects such as referencing subject material and verifying funds recipient. Also, Nadroj (N4DRO) has an unverified identity. I cannot support setting a bad precedent, so it's a nay from me.

AI-generated from comments

HqRc...fVZn

28th Jul '23

(Edited)

Voted Nay

Hey Tom,

I appreciate that you're normally on the voting side of tips but there's some fundamental aspects missing from this tip proposal.

While I'm sure there's no bad intent, you should reference the subject material and you should prove that the funds are being submitted to its intended recipient. I do recall Nadroj (N4DRO) having an account with an unverified identity.

I wouldn't want to support setting a bad precedent so it's a nay for me.

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HERT...afdU

28th Jul '23

There was recently a series of addresses that came out wildly voting on referenda recently at the last moments. He did analysis on the transaction history of these addresses to check for connections and look for possible associations which may indicate who these addresses were, or what their goal may have been.

He provided this information in the Chaos DAO discord.

I'll ask him to setup a verified identity.

Discover similar proposals

Remove Gabe from the fellowship

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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.

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24th Mar '25

Fellowship Admin

Fellowship Admin

#508 Remove Gabe from the fellowship

EJgd...JGQZ

24th Mar '25

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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.
Clarifications to the rules should be in agreement with these tenets. Acting in clear breach of these tenets may be considered by voters as grounds for non-promotion, demotion or, in extreme cases, exclusion from the Fellowship.

(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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Submitted

KSM RFP #1 - Shielded Kusama Hub Transfers - $50k Total Prize!

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Treasurer

Treasurer

#509 KSM RFP #1 - Shielded Kusama Hub Transfers - $50k Total Prize!

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This RFP was adapted over several weeks on AAG to turn a treasury proposal in discussion to an RFP with refined scope and oversight.

To apply for the prize pls fill out this form.

Prize Pool: $43,000
Finder’s Fee: $2,000
Supervisors: $5,000

Supervisors (Bounty Curators)

Flipchan

Byte (Erin)

James Slusser

Excess or unused funds will be returned to the treasury by Bounty Curators.

Timeline

Monday, March 17 - AAG Discussion & this forum post! ✅
Monday, March 24 - Single-ref Bounty + Curators ✅
4 Weeks after Bounty Funding - Submission Deadline Thursday
July 31 - Project Completion (Pending Kusama Hub Launch)

Project Scope

Smart Contract Development

A Solidity-based smart contract deployed on Kusama Hub

ZK enabled for private deposits & withdrawals

Compatibility with all Kusama Hub assets

User Interface

Browser-based, mobile-ready UI hosted on IPFS

Support for: Deposits, Withdrawals, Transfers, XCM Transfers

Compatible with popular ecosystem wallets (Nova Wallet, Talisman, Subwallet)

Anti-correlation Attack Mitigations:

Fixed deposit amounts (e.g. 1, 10, 100, 1000 units)

Batch payouts for withdrawals to multiple users
Interoperability

Ability to receive assets via XCM from any Kusama-connected parachain and transfer them to Kusama Hub for use in shielded pool.

Open-Source Delivery

All code (smart contracts and UI) published under the MIT license

Publicly accessible repositories Project updates shared transparently via Polkassembly, Subsquare, or Polkadot Forum from Team with Milestone deliveries

Developer & User documentation

Milestones

Milestone 1, Initial Pools & Basic UI:
$16,200 USD
1 month

Tests - Smart contract test

Smart contract - ZK shielded smart contract with KSM and multi asset support on Westend or Paseo

Basic UI - A basic UI for interacting with the smart contract

Milestone 2, UI + XCM:
$9,900
1 month

Tests - tests for all features

User interface design - UI design

XCM transfers - XCM transfer assets in UI

Fixed amount transfer only - Allow fixed amount transfers in the UI

Milestone 3, Mainnet Deployment:
$16,900
1 - 1.5 months

Contract Migration to Kusama Assethub - Migrate contract from Testnet to Kusama Hub

Public documentation - Documentation for using Kusama shield and developer integration documentation

Test - tests for contract

V1 UI - User tested & something we can be proud of

re: Finder’s Fee: this payment is set aside to incentivize a broad search for the right implementor. Finder’s Fees are paid out at time of team engagement. Teams that submit themselves can collect their own Finder’s Fee at completion of project.

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Deciding

Secure Funds

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To prevent potential mismanagement of Youdle DAO treasury funds, we propose temporarily transferring these assets to the Kusama Treasury, which is now the safest option.

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Root

Root

#510 Secure Funds

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To prevent potential mismanagement of Youdle DAO treasury funds, we propose temporarily transferring these assets to the Kusama Treasury, which is now the safest option.

Rationale:

The Invarch team, which currently controls the funds, has a history of questionable financial decisions, including the transfer of more than 200K ASTAR from the DAO to a CEX without transparency.

Community members have raised concerns and asked questions about fund management, but the team has not provided clear answers.

To ensure responsible management, these remaining funds (400 KSM) should be safeguarded under Kusama governance.

Next Steps:

The funds will later be returned to Youdle DAO holders through a transparent and verifiable process.

We urge the community to support this measure to protect DAO resources.

Evidence:

Rug on virtuals

Polkadot treasury rugs

Youdle DAO rug

Moving DAO funds to a CEX because it's a shared address instead of moving to another on chain address? No answers.

Pink rug

Pink distributed by the pink team to invarch was supposed to get distributed to the community

but instead 2000000 pink were allocated to xcastronaut (invarch founder) wallet

Then went to hydration and got sold.

VARCH rug

$VARCH token launched less than 30 days ago. ICO investors are down -96%

KSM partial rug

Not fully delivered.

Tinkernet rug

Tinkernet (kusama parachain) was shutdown. Investors were given 4 VARCH for 1 TINKER. VARCH was later a rug so this converts Tinkernet in a rug. Before shuting down they made an LBP in Osmosis (Cosmos) which also was a rug.

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