View All Big SpenderinBig Spender
Beneficiary:(128.31K USDC)(85.54K USDC)
Requested:506.11K USDC&29.43K DOT
Rejected
Untitled Post
8 months ago
This is a ReferendumV2 post. It can only be edited by the proposer of the post .
Comments (3)
Confirmation Period
3
of 3Decision Period
28 / 28 days
Confirmation Period
0 / 7 days
Summary
0%
Aye
0%
Nay
Aye (73)0.0 DOT
Support0.0 DOT
Nay (46)0.0 DOT
Voting Data
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Support%
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hey, thank you for submitting this.
It would be good to have respected researchers in the field to comment on the necessity of the proposal. This would help me better make a decision.
I realize this isn’t directly related to the referendum itself, but you lost me at 'a 30% reward share of the savings incurred over 10 years once the economic impact of our proposal turns net-positive for the Polkadot/JAM ecosystem.'
Requesting over half a million dollars to build something, in addition to 41,504 DOT (which should arguably be requested in stablecoins, not $DOT which is highly volatile atm), and then asking for 30% of the reward share for 10 years feels overly greedy.
While funding innovation is important, proposals should balance ambition with fairness to the ecosystem and its stakeholders. A request of this scale, paired with such long-term financial commitments, risks setting a precedent that could deter future collaboration and responsible use of treasury funds.