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[Forum Migration Postings] Kusama Treasury Fund: Step 1
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Summary
This proposal is the 1st step on Kusama Treasury Fund Roadmap
Proposal
https://bifrost-kusama.subscan.io/referenda/102
Vote: Polkadot/Substrate Portal
Technical details
The procedure for the spending is as follows:
- Currencies::update_balance issues an additional 50,000 KSM on the treasury address (eCSrvbA5gGNYdM3UjBNxcBNBqGxtz3SEEfydKragtL4pJ4F);
- Mint 25,000 KSM to vKSM through VtokenMinting::mint method.
- Add 25,000 KSM and the corresponding vKSM liquidity to zenlink liquidity pool through the ZenlinkProtocol::add_liquidity method.
Edited
- This is a proposal for the Kusama Treasury Fund Roadmap.
- The proposal is about voting for a Polkadot/Substrate Portal.
- The proposal involves issuing 50,000 KSM on the treasury address and minting 25,000 KSM to vKSM through VtokenMinting::mint method.
- The proposal also includes adding 25,000 KSM and the corresponding vKSM liquidity to zenlink liquidity pool through the ZenlinkProtocol::add_liquidity method.
- The technical details explain the procedure for spending the funds.
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