View All Big SpenderinBig Spender
Beneficiary:(21.17K DOT)(21.17K DOT)
Requested:2.03M USDC&2.03M USDT&254.06K DOT
Rejected
Untitled Post
2 months ago
This is a ReferendumV2 post. It can only be edited by the proposer of the post .
Comments (6)
Confirmation Period
3
of 3Decision Period
28 / 28 days
Confirmation Period
0 / 7 days
Summary
0%
Aye
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Nay
Aye (28)0.0 DOT
Support0.0 DOT
Nay (61)0.0 DOT
Voting Data
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Support%
Threshold0.00%
Threshold0.00%
Snowbridge gives us access to only one ecosystem but is costing us more than $5M in a single year. what is the rationale here?
i don't know what it takes to build a trustless bridge, but this cost is pretty fucking wild to my senses.
over 150k per month on what exactly?
how many people are in the team to justify such high monthly payouts?
what exactly does the money cover?
furthermore, are we to expect that this will be the yearly budget for maintaining Snowbridge? or will it go down overtime?
on the whole, this seems like pretty expensive infrastructure.
Snowbridge does little to no marketing that i see. so it is hypothesized that all of this is development and maintenance costs. is this so? perhaps i am missing/misunderstanding some important factors.
LOL. Snowbridge. The famous bridge to nowhere, which was meant to bring USDT / USDC to the ecosystem. I suggest you fix your product first before asking for more money. Actually you shouldn't ask for money at all, but be financed by your users (If you had any, that is).