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Proposal for Top-Up for Funding of Kusama System Parachain Collators

inBig Spender
a year ago
Rejected

This is a proposal for a bounty top-up of the System Parachain Collators funding on Kusama. This funding will cover AssetHub, BridgeHub, Coretime, People and Encointer System Parachains on Kusama.

This proposal supplements the original System Parachain Collator Proposal, and continues the proposal for System Parachain funding, aiming to incentivize the best performance, minimise censorship, and maintain liveliness by securing treasury funding for the operational costs of Kusama System Parachain Collators.
Furthermore it expands its scope to three new System Parachains — Coretime, People and Encointer)
Additionaly — it introduces newly established methodology of selection criteria for invulnerable collator spots, as well as newly established bidding procedure for securing permissionless spots.
All of this is detailed out in the Proposal document.

Funding Request**:** Infrastructure Costs and Staking Rewards

Coverage: Five Kusama System Parachains (AssetHub, BridgeHub, Coretime, People and Encointer)

Duration: 6-month runway

Start Date: July 1, 2024

Funding Amount: 6,024.02 KSM for Kusama System Parachains

Comments (8)

a year ago

Hello, on behalf of the AIWeb3 DAO (the most vibrant Chinese community within the Polkadot ecosystem, with the mission to amplify the voice of the Chinese-speaking community and support Chinese content creators, ensuring it plays a pivotal role in shaping the future of Polkadot), we have discussed this proposal on twitter space but we still have a little bit questions, such as the relationship between this proposal and the 420, is there any duplicate part? We sincerely invite you to join our Twitter Space which is held every Tuesday at 10 AM (UTC+8) on our official Twitter: https://x.com/aiweb3dao. Please join our Telegram group if you have any questions, English TG group: https://t.me/aiweb3dao_eng and Chinese TG group: https://t.me/aiweb3dao

您好,我代表AIWeb3 DAO,这个波卡生态中最具活力的中文社区,旨在放大中文社区的声音,支持中文内容创作者,确保其在塑造波卡未来中发挥重要作用。
我们经过初步讨论,对这个提案还有一些不理解的地方,特地邀请你们参加我们的Twitter空间是每周二上午10点(UTC+8), 在我们的官方推特:https://x.com/aiweb3dao. 。如有任何问题,请加入我们的Telegram讨论:英文Telegram https://t.me/aiweb3dao_eng , 中文 TG group: https://t.me/aiweb3dao。

a year ago

An important part of the infrastructure needs to be supported, but there is some confusion regarding the proposals 419 and 420. They are asking for compensation for the same contributions, so you need to post a new proposal to clarify the spending and who will receive compensation.

Next time, please try to reduce these expenses if possible:

  • Curator fee: 7.5% - $8,372.87
  • Tooling: $5,581.91
  • Price Fluctuation Buffer: $12,559.31

a year ago

@PromoTeam Validator

What I may add to the comments on budgets:

Allocations for tooling and price fluctuations are contingent allocations. They are used as or if required, if they are not used then they'll carry over to the next spend request. With bounties funds are always held by the treasury accounts until allocated.

The curator fee is split over three curators over the time period assigned. It is based on percentage so with the scenario I mentioned above it can be less if allocations are not spent.

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Requested

DOT
602.40K DOT

Proposal Failed

Summary

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