Dear community,

I would like your support to fund an account used for common good activities with 50 KSM.  Based on current projections this should fund said activities for 6 months. 

The account is used in-part for activities such as:

- Paying out staking rewards for several validators and their nominators
- Refunding submission and decision deposits for several referenda on Kusama and the Collective chain

The account was previously funded by the Treasury 321 days ago. There are now many more payouts per era as more validators are active and there is a higher drain on funds.

It is worthwhile noting that the account has [no outbound](https://kusama.subscan.io/account/Gch4VxQ79WhjgQqHomvJbqF3Woza5g5cYgM8SVQdDb9szz1?tab=transfer) transfers and most (if not all) expenses on the account are transactional in nature; this means that 80% of the fees are returned to the treasury.

The account balance over the past three months is shown below.

![image.png](https://subsquare.infura-ipfs.io/ipfs/QmZ15mxpbVRH6eQ6Jf24AG7UNJ3t4twy9YXs9qDoSjB8eJ)


Kind Regards,
Will | Paradox | ParaNodes

The aim of this proposal is to incentivize and reward indepented developers to build games on Polkadot with minimal risk and potentially high upside for the ecosystem.

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least `amount`.

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

### Parameters
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

## Events

Emits [`Event::SpendApproved`] if successful.

- **Problem Statement:** Seeking community support to fund a common good account with 50 KSM for activities like staking rewards and refunding deposits for referenda on Kusama and the Collective chain.
  
- **Significance:** Account previously funded by Treasury 321 days ago, now facing increased payouts due to more active validators, leading to higher fund drain.

- **Proposed Solution:** Requesting 50 KSM to sustain activities for 6 months, with 80% of fees returned to the treasury due to transactional nature of expenses.

- **Expected Outcomes:** Sustainable funding for common good activities, ensuring continued support for validators and referenda on Kusama and the Collective chain.

#470 Tip for an account used for Referendum Deposit Clean-up and Validator Payout Bot

No Active Proposals