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.

This is the resubmission of the proposal:

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

Original treasury submission: [HERE](https://kusama.polkassembly.io/treasury/229)

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](https://kusama.polkassembly.io/treasury/229) 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](https://kusama.polkassembly.io/treasury/229).


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.

- The first referendum didn't work because the call used was only for the root origin.
- The proposal is being resubmitted with a different call and amount.
- The proposal is for funding the development of Snowbridge, a bridge between Kusama/Polkadot and Ethereum.
- The proposal is for 28 months of funding for the Snowbridge team.
- The full proposal can be reviewed on the provided links.

#3 #3 [Replacement for Referenda #1] Treasury Proposal: Snowbridge Funding Proposal

No Active Proposals