Proposal #162
Referendum #155

2024 Q4 & 2025 Q1 - Subscan Funding Proposal for Operation and Maintenance Fee

Democracy
3mos ago
1
NotPassed

Funding Proposal for Kintsugi Operation and Maintenance Fee

Dear Kintsugi Community,

We hereby submit our proposal for funding support to cover the operation and maintenance fees associated with the Subscan Explorer services provided for the Kintsugi network.

Service Details:

Subscan has been diligently providing the following essential services for the Kintsugi network:

Computing Resources: Collecting and parsing chain data, and serving web user requests to ensure smooth network operations.

Database Storage: Indexing and storing chain data for seamless data retrieval and accessibility.

Network Egress Bandwidth: Maintaining optimal network performance for web user requests.

Monitoring and DevOps: Implementing an internal alerting pipeline and automation for stable network operations.

Node Status Monitoring and Notification: Promptly notify the network development team of any issues.

Technical Support: Offering comprehensive technical assistance for the networks' uninterrupted functioning.

Summary of Current Charges:

Subscan Maintenance Packages offers tiered pricing based on actual usage of data services:

Basic: Up to 200 GB at $799/month; beyond 200 GB at $5.3/GB; upgrades automatically to the next plan after 350 GB.

Advanced: Up to 500 GB at $1,699/month; beyond 500 GB at $5.2/GB; upgrades automatically after 750 GB.

Professional: Up to 1 TB at $2,999/month; beyond 1 TB at $5/GB.

As for the Kintsugi network, the latest usage statistics indicate that you have utilized 254.46 GB of data on January 1, 2025.

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We kindly request funding support from the Interlay Treasury to cover the total amount due of US $6,854, and the amount of KINT will be converted based on the EMA7 price.

Exchange rate:

2025-03-11 02:00:00 (+UTC), Block #7198104

KINT EMA7 Price ( USD ): 0.274789;

Number of KINT: 24942.774274

https://kintsugi.subscan.io/tools/price_converter?value=6854&type=block&from=USD&to=KINT&time=7198104

Securing this financial support will ensure the continued seamless functioning of the Kintsugi network and sustain its growth and development. Your consideration of this proposal is highly appreciated. For any further details or clarifications, please do not hesitate to contact us.

Thank you for your attention and support!

Edited
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Votes
AyePassing thresholdNay
13%87%
Aye
100vKINT
Nay
654.5vKINT
Turnout
754.5vKINT
Electorate
0vKINT
Failed
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Comments

NAY

Thank you for sharing the funding proposal. We recognize the importance of Subscan’s services for Kintsugi’s operations and maintenance.

However, given the current market conditions and low liquidity, the proposed amount in KINT is too high and could weaken the Treasury. It would be more sustainable to reconsider this when market conditions improve.

We appreciate your effort and look forward to revisiting this proposal at a more favorable time.

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