Abstract
- A new infrastructure proposal (‘the Spartan proposal’) is on the forums to increase the number of nodes of the community API. This proposal is centered around physical hardware.
- Ownership of public good hardware should be further discussed if it continues to increase in the future.
- Consensus seems to have formed that all spend proposals should be based on USD values at the time of submission with a 20% increase for potential swings. If at the end of the vote the value of the received SCRT is 10% lower than the original ask (in USD), a second spend proposal would immediately be ‘approved’ for the difference.
- Discretionary budgets spending / conversion to stable coins really depend on the specific proposal, for some spends it will be important to immediately convert to a stable coin, for others (paid in SCRT) it might not be necessary. In the end it is the responsibility of the proposer(s). Mismanagement should be taken into consideration for future proposals.
Action Points:
- Respond to the relayer discussion for IBC on the forums (Secret IBC Relayers - An Open Discussion)
- Respond to the infrastructure proposal (‘the Spartan proposal’) The Spartan Proposal