Here you'll find comprehensive insights into a decentralized funding system that empowers you to contribute, collaborate, and shape the future of the Polkadot ecosystem through innovative projects and initiatives. Go to Polkadot’s website for complete details!

The Polkadot Treasury Overview

Decentralized Funding Revolution: The Polkadot Treasury represents a monumental shift in capital allocation and social organization, moving financial power from traditional entities to a decentralized, peer-to-peer network. This innovative approach has the potential to transform business practices and collaboration dynamics within the Polkadot ecosystem.

Rewards for Polkadot Builders Helping build Web3: The Treasury, fueled by DOT tokens from transaction fees and network operations, rewards DOT holders who contribute to Web3 development. It serves as a collective fund for supporting projects and activities that enhance the Polkadot network.

Funded Activities:

The Treasury funds a wide range of activities that benefit Polkadot, including:

• Infrastructure deployment and maintenance
• Cross-chain application development
• Network security operations
• Ecosystem collaborations
• Marketing initiatives
• Community events and outreach
• Software development
• Research endeavors

Allocation Mechanisms:

Treasury funds are allocated through on-chain governance using three primary mechanisms:

1. Proposals: Ideal for projects with clear objectives and budgets. Proposers outline their plans, gather community feedback, and submit proposals for voting.
2. Bounties: Delegated oversight for projects. Community members can propose bounties, and curators ensure successful project completion.