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View All Big Spender
Requested:2.03M USDC&2.03M USDT&254.06K DOT
Rejected

Untitled Post

inBig Spender
2 months ago
BeneficiaryBeneficiary:

(21.17K DOT)

(21.17K DOT)

This is a ReferendumV2 post. It can only be edited by the proposer of the post .

Comments (6)

2 months ago

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.

2 months ago

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).

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Confirmation Period

3

of 3

Decision Period

28 / 28 days

Confirmation Period

0 / 7 days

Summary

0%

Aye

AyeNay

0%

Nay

Aye (28)0.0 DOT

Support0.0 DOT

Nay (61)0.0 DOT

Voting Data

Approval%

Support%

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