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Retroactive Fund - Optimizing Polkadot Multisig: Mimir’s Enhanced Features & Ecosystem Integration

inMedium Spender
10 months ago
Executed

Proponent: 14pa3BAYZLPvZfRDjWEfZXZWBVU45E67HUQEUxNCrdXGoata

Date: 2025/5/10

Duration: 4 Months

Proposal Payment: 157,000 USDT

Project Category: Infrastructure/Dapp

Website: https://app.mimir.global/

Github: https://github.com/mimir-labs

Short description: Mimir is a powerful multisig solution designed for enterprises, DAOs, and large asset holders in the Polkadot ecosystem. This proposal focuses on enhancing usability, scalability, and security through 4 key innovations including Call Templates, Omni UX, Multisig API, and WalletConnect integration. With over 2,000 users and growing adoption across multiple Polkadot rollups, Mimir is poised to become the standard for multisig operations in Polkadot.

This is a follow up proposal to our previous retroactive proposal.

Full Proposal

Link: Retroactive Fund - Optimizing Polkadot Multisig: Mimir’s Enhanced Features & Ecosystem Integration

Key Takeaway

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Call Template

Predefined transaction templates simplify common DAO & team operations, eliminating the need for manual data input each time.

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https://x.com/Mimir_global/status/1908096583339851798

Omni UX

Seamless management of multi-sig accounts across multiple parachains, enabling a unified cross-chain experience.

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https://x.com/Mimir_global/status/1919703444593770821

Mimir PAPI SDK

The Mimir PAPI SDK makes it easier for more applications to onboard multisig and proxy users, while the integration with ReactiveDOT allows developers to connect with Mimir more seamlessly.

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Bounty Manager | DOTConsole | ReactiveDOT | DOTConnect

Proposer & Multisig API

Allowing enterprises and DAOs to incorporate multi-sig approval processes into their internal operations, such as budgeting, resource allocation, and strategic decision-making.

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https://x.com/Mimir_global/status/1906611865628893588

Comments (8)

10 months ago

Hello,

According to reference websites such as (https://msadvisory.com/average-salary-in-china/), (https://uiuxjobsboard.com/salary/ui-ux-designer/china) and (https://www.glassdoor.com.ar/Sueldos/shanghai-ux-designer-sueldo-SRCH_IL.0,8_IM999_KO9,20.htm), the salaries in China with senior experience for the positions presented are as follows (Average Monthly Salary) :

PM: 20,000 – 40,000 CNY = 2,775.08 - 5,550.16 USD

Dev: 20,000 – 40,000 = 2,775.08 - 5,550.16 USD

UI/UX: 15,000 – 30,000 CNY = 2,081.31 - 4,162.62 USD

Research: 15,000 – 30,000 CNY = 2,081.31 - 4,162.62 USD

However, in your application for all cases, it is more than double that. What justification could you provide to validate your requirements?

10 months ago

@SIM-DOT

Hi,

Thank you so much for your thoughtful question. I completely understand your concern—cost control and salary standards are important issues, and they play a key role in ensuring the Treasury's funds are used responsibly.

I’d like to take this opportunity to clarify a few points as openly and sincerely as possible.

While the data platforms you referenced do offer average salary benchmarks, they don’t always reflect the full context—such as years of experience, position level, performance-based incentives, or actual responsibility scope.

In our case, our team members (developers, product, and researcher roles) each have 5–7 years of experience. Our part-time UI designer has over 10 years of experience. Our team members could be compared to ByteDance 2-2 or Alibaba P7 standards. We’ve calculated hourly rates based on these real-world annual packages, and we’re happy for them to be cross-checked. That said, we’re still operating below top-tier salaries offered by firms like Huawei or Pinduoduo.

Reference links:

  1. https://www.duibiao.info/company/IT/字节跳动
  2. https://duibiao.info/company/IT/阿里
  3. Image
  4. Rednote:

90 小红薯68254D3F发布了一篇小红书笔记,快来看吧! 😆 IbOoKZeM1rmCh93 😆 http://xhslink.com/a/6Ews9MWtRlScb,复制本条信息,打开【小红书】App查看精彩内容!(Copy all the word and open Rednote)

Beyond base salary, I also hope you’ll consider the following:

  1. Cross-functional workload – In a start-up team, each member wears many hats. Our PM(Me), for example, also takes on operations, BD, and project management, and QA. Developers handle full-stack work. These additional efforts aren’t included in our funding request—they’re things we’ve taken on simply because they need to be done. Our researcher is also responsible for the security of multisig operations, which is a critical part of the product. This means our team members must possess a high level of professionalism and capability—qualities that we believe justify the corresponding compensation levels.
  2. Resilience during uncertainty – We’re committed to maintaining Mimir’s service even during funding gaps. In fact, we personally covered around three months of development and infrastructure costs to keep the project running.
  3. Cost awareness and adjustments – We understand the importance of staying lean. Compared to previous proposals, we’ve already reduced developer hourly rates (from $110 to $100), and we’ve significantly trimmed server costs—even though this proposal includes more complex work that directly improves the user experience.

I hope this gives you a clearer and more realistic picture of our situation, and helps you make a more informed judgment. We truly appreciate your time and consideration.

9 months ago

PolkaWorld voted AYE

With two-thirds in favor and one-third opposed.

Supportive points:

  1. The project has already been adopted by several ecosystem projects, with positive feedback that demonstrates both product quality and genuine demand.
  2. The project has not yet charged partnered ecosystem projects, falling within the scope of fundable public goods.
  3. The proposal provides clear, itemized explanations of fund usage and milestone plans, facilitating community oversight of fund allocation and evaluation of deliverables. This transparency helps build trust and confidence.

Opposing point:

There’s a question of whether ongoing development of projects in the Polkadot ecosystem should all rely on Treasury funding. There’s a need to establish a sustainable long-term business model.

For full comments, please visit here.

9 months ago

@polkaworld
Thank you to Polkaworld for the support!
We look forward to delivering even more user-friendly products for the community.

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Requested

USDT
157.00K USDT

Proposal Passed

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