{"data":{"space":"permanence","networksConfig":{"symbol":"DOT","decimals":10,"networks":[{"network":"polkadot","ss58Format":0,"assets":[{"symbol":"DOT","decimals":10}]}],"accessibility":"whitelist","whitelist":["1ZSPR3zNg5Po3obkhXTPR95DepNBzBZ3CyomHXGHK9Uvx6w","1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6","12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3","12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h","13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF","14333MZvbGkcq5CZ8fYHZiFYwHNDaW3uiErDKMb7oqnupWXn","14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb","14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh","15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL","167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F","13znFMMjHyM2UvSewvaKMC2bLUcySRMzcM8BAMTzm1G2P5ju"],"strategies":["one-person-one-vote"],"version":"4"},"title":"[WFC] DOT #1321 - Introduce quadratic funding to the polkadot treasury spending","content":"https://polkadot.subsquare.io/referenda/1321\n\n### Quadratic Funding in Polkadot\n\n- **Purpose**: Introduce quadratic funding (QF) as an alternative to the current treasury spending model in the Polkadot ecosystem.\n- **How it Works**:\n  - Projects share a fixed public fund pool.\n  - Community votes, calculated by the weighted square root of donations, determine the final distribution.\n- **Benefits**:\n  - Reduces the influence of large token holders.\n  - Encourages broader community support.\n- **Challenges**:\n  - Potential for Sybil attacks (fake accounts).\n  - Incentivizing donations when a public fund pool exists.\n- **Implementation**:\n  - Funding rounds with predetermined budgets.\n  - Projects apply and are reviewed by curators.\n  - Communities donate assets, and funds are distributed via child bounties.\n- **Reputation System**:\n  - Addresses have voting weights based on on-chain and off-chain activities.\n- **Audit**:\n  - Transparent fund distribution and voting weight information.\n- **FAQ**:\n  - QF is an alternative to, not a replacement for, OpenGov treasury funding.\n  - Projects can apply for both QF and OpenGov funding.\n  - Whales benefit from QF by improving treasury spending decisions.","contentType":"markdown","choiceType":"single","choices":["Aye","Nay","Abstain"],"startDate":1733788800000,"endDate":1736380800000,"snapshotHeights":{"polkadot":23784412},"realProposer":null,"proposerNetwork":"polkadot","version":"5","timestamp":1733854930},"address":"13znFMMjHyM2UvSewvaKMC2bLUcySRMzcM8BAMTzm1G2P5ju","signature":"0xd47e39f297b6d807e7d9787667d50fa108173c0aebae248d125a2d050cfd166502e6e377e6660109b4f6280375fc1657daed1d4b762d039bafcca45987b9b58c","version":"2"}