This referendum proposes allocating 500 DOT from the treasury to establish a Community Building Fund for Bend-PVM, aimed at expanding the contributor base and fostering an active developer ecosystem around this innovative smart contract language optimized for PolkaVM.
Rather than funding a small core team, this proposal takes a decentralized approach by creating incentives for a broader community of developers to contribute to Bend-PVM's evolution. The requested funds will be strategically deployed to nurture a thriving contributor ecosystem through:
The 500 DOT will be distributed as follows:
This community-centric approach addresses critical ecosystem needs:
All fund distributions will be publicly recorded and verified through a designated multi-signature account. Monthly reports will detail contributor rewards, event expenditures, and development progress metrics.
This community-first approach will:
We invite all stakeholders to support this referendum to build a vibrant, community-driven development ecosystem around Bend-PVM and position Polkadot as the home for next-generation smart contract innovation.
A referendum has been proposed to allocate 500 DOT from the treasury to establish a Community Building Fund for Bend-PVM, a smart contract language optimized for PolkaVM. The goal is to expand the contributor base and foster an active developer ecosystem. The funds will be used for contributor rewards, hackathons, coding challenges, bug bounties, educational resources, and workshops. The allocation is as follows: 60% for direct contributor rewards, 20% for community hackathons and challenges, 15% for educational content and workshops, and 5% for administration and fund management. The community-driven approach aims to distribute knowledge, accelerate innovation, grow the ecosystem, and ensure sustainable development. Expected outcomes include increasing active contributors, hosting educational workshops, completing hackathons, and establishing a transparent contribution tracking system. All fund distributions will be publicly recorded and verified through a multi-signature account, with monthly reports detailing expenditures and progress. This approach is expected to accelerate development, create a pipeline of skilled developers, strengthen Polkadot's position, and demonstrate the effectiveness of treasury funds in fostering innovation.
This referendum proposes allocating 500 DOT from the treasury to establish a Community Building Fund for Bend-PVM, aimed at expanding the contributor base and fostering an active developer ecosystem around this innovative smart contract language optimized for PolkaVM.
Rather than funding a small core team, this proposal takes a decentralized approach by creating incentives for a broader community of developers to contribute to Bend-PVM's evolution. The requested funds will be strategically deployed to nurture a thriving contributor ecosystem through:
The 500 DOT will be distributed as follows:
This community-centric approach addresses critical ecosystem needs:
All fund distributions will be publicly recorded and verified through a designated multi-signature account. Monthly reports will detail contributor rewards, event expenditures, and development progress metrics.
This community-first approach will:
We invite all stakeholders to support this referendum to build a vibrant, community-driven development ecosystem around Bend-PVM and position Polkadot as the home for next-generation smart contract innovation.
Threshold
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