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#43 Proposal replacing the last 4 auctions on Kusama (until LP27) due to them failing on dispatch queue.

Proposer:
RTTI-5220
 
in Democracy
23rd Dec '22

After the succesful enactment of Ref39 (scheduling one auction with OpenGov to replace the ones not dispatching successfully), this proposal aims to schedule 4 new auctions (1 lost with the migration and the 2 left for LP27). After these, a new schedule for the 2023 will come along for the community to vote on! Note this proposal is submitted as a referendum in OpenGov, under Whitelisted Caller track: meaning that the Kusama community will need to approve and the Fellowship will need to whitelist the proposal hash of this call to enact (the Fellowship is at the moment voting on this proposal to whitelist the hash).

Make sure to vote at your convenience! You can find the specifics of this release in the release notes, if you have any questions make sure to ask!

Proposal hash: 0x85928b2b75ffadbfbd4e321f46183cb33f5a3b68baaca0ebf62d4695a01d0070

Can be verified here.

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Proposal Passed

of 3

Summary
Passed
100.0%Aye
AyeNay
0.0%Nay
Ayes(189)
735.37K KSM
Nays(0)
0.00 KSM
Support
1.07M KSM
Issuance
15.93M KSM
Voting Details
Approval0.00%Threshold0.00%
Support0.00%Threshold0.00%
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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
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Milestones

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

  1. Tests - Smart contract test
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Milestone 2, UI + XCM:
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  2. User interface design - UI design
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  4. Fixed amount transfer only - Allow fixed amount transfers in the UI

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

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** 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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