Notice: Polkadot has migrated to AssetHub. Balances, data, referenda, and other on-chain activity has moved to AssetHub.Learn more
Rejecting Gov1.0 Treasury Proposals and Facilitating Bond Reimbursement where applicable
Dear community,
With an upcoming runtime upgrade we should see the decommissioning of Governance 1.0 on the Polkadot network. Associated with this are several unlocks of deposits including those associated with Treasury Spend Proposals. There are already several teams who have requested immediate return of their deposits via tips or spend proposals on OpenGov or tips on Gov 1.0.
This referendum seeks to reduce the number of refund requests and prevent double spends by:
- Slashing treasury deposits already returned to proposers
- Slashing treasury deposits for proposers who have pending OpenGov proposals requesting or incorporating same
- Slashing Gov 1.0 tips and treasury deposits for applicable proposers. The proposers would have their treasury funding and tip deposit returns to their respective accounts
- Treasury deposits would be slashed and refunded to all those not matching the criteria to any of the above
The list of recipients was determined with collaboration with Otar who been keeping track of such refunds.
Regards,
Comments (3)
Proposal Passed
It looks like you are slashing the deposit of anyone who requested reimbursement with gov2, either as a tip or as part of a proposal. What if the gov2 request fails?
This proposed approach is the most prudent and responsible way to handle the situation. By rejecting existing treasury submissions made through Gov1.0, we ensure the integrity of the system and prevent any potential double-spending. In the event of failed OpenGov treasury requests that are currently up for a vote, I encourage the proponents to submit a tip via OpenGov exclusively focused on seeking reimbursement for the bond. This approach ensures that the reimbursement process remains separate and unaffected by treasury spending requests, providing a reliable avenue for proponents to request their rightful compensation.
Is this reimbursement for previously rejected treasury spendings also? It will be cool and fair to return all the bonds and make the same for Kusama!
@alexpromoteam
Will the bonded funds from this proposal be returned https://polkadot.polkassembly.io/treasury/11 ?