JUST 2.0 Retroactive Compensation for Contributions to the Polkadot Ecosystem
Beneficiary:We, Otar and Raul of JUST Ventures GmbH, are submitting a second retroactive funding proposal to the Polkadot Treasury, following the approval of our first request covering 01.12.2022 – 31.03.2024. This new proposal seeks funding for our contributions from 01.04.2024 – 31.12.2024.
Over this period, our work has included supporting and executing runtime upgrades, facilitating OpenGov implementation, guiding treasury proposals, providing technical assistance, managing governance discussions, supervising bounties, and engaging in key ecosystem initiatives. We have also been involved in projects like the Polkadot Ecosystem Map and the Polkadot Community Foundation advisory process among others.
The requested funding will allow us to compensate for the work done and continue our work within the Polkadot ecosystem, focusing on governance, technical support, and community initiatives. By maintaining a retroactive funding model, we ensure that contributions are compensated based on actual work completed rather than estimated upfront. To further simplify financial planning, minimise volatility, and align with community standards, this time around, we are requesting compensation in Stablecoins.
Beyond financial reimbursement, the approval of this proposal also signals the community’s intent for us to continue our work under these same retroactive terms.
We have generated a hash of the document associated with this proposal for verifiability. Anyone can confirm that the document has not been altered by downloading it as a PDF from Google Docs and computing its hash. If the resulting hash matches the value:
0x93aa396d605cb910d3448ae64cee1df47de699f46689b5b5cb9ea6158ab362cc
the document is verified as authentic.
Discussion Post: https://polkadot.polkassembly.io/post/2823
Proposal: HERE.
Comments (4)
Proposal Passed
3
of 3Summary
0%
Aye
0%
Nay
Aye (66)0.0 DOT
Support0.0 DOT
Nay (32)0.0 DOT
Voting Data
Approval%
Support%
Threshold0.00%
Threshold0.00%
We will be voting NAY on retroactive referenda of these characteristics, specifically of high value. To us, it is a better way to outline a plan of action to follow what deliveries were fulfilled and what deliveries were not fulfilled as opposed as this high value retroactive approach which leaves the specifics of the work done with the listed projects as an exercise to the reader and the inclusion of an honor system for reported work which will be abused by other teams if this became the norm.
For those two reasons we believe that this is not a "golden standard for retroactive referenda" as it was mentioned on AAG. So we would prefer that well known teams such as these one as well as newcomers take the non-retroactive route. This idea will be heavily enforced on our vote starting on cohort 4's term as described on our DV cohort 4 application: https://forum.polkadot.network/t/decentralized-voices-cohort-4-saxemberg/11868
JUST’s contributions remain critical in the areas of ecosystem-wide coordination, governance operations, and OpenGov support. Currently, there are not a lot of teams that can provide the high standards of professionalism, expertise, and availability needed to address and resolve these types of issues round-the-clock in this decentralised community.
And so, there needs to be an established process for acknowledging and compensating teams like JUST in the long run. In the interim, the team will still need to have the option to access retroactive funding for its undertakings, because their work often goes well beyond the scope of the average treasury proposal with pre-determined milestones.