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Gavin Wood f2c8fe35a3 Allow the treasury to have a maximum bound on the bond (#10689 )

* Allow the treasury to have a maximum bound on the bond

* Update frame/treasury/src/lib.rs

Co-authored-by: Keith Yeung <kungfukeith11@gmail.com>

Co-authored-by: Keith Yeung <kungfukeith11@gmail.com>

2022-01-19 14:08:53 +00:00

src

Allow the treasury to have a maximum bound on the bond (#10689 )

2022-01-19 14:08:53 +00:00

Cargo.toml

Bump serde from 1.0.131 to 1.0.132 (#10517 )

2021-12-21 11:17:06 +01:00

README.md

Migrate pallet-treasury to the new pallet attribute macro (#9197 )

2021-07-13 07:26:58 +00:00

README.md

Treasury Pallet

The Treasury pallet provides a "pot" of funds that can be managed by stakeholders in the system and a structure for making spending proposals from this pot.

Overview

The Treasury Pallet itself provides the pot to store funds, and a means for stakeholders to propose, approve, and deny expenditures. The chain will need to provide a method (e.g.inflation, fees) for collecting funds.

By way of example, the Council could vote to fund the Treasury with a portion of the block reward and use the funds to pay developers.

Terminology

Proposal: A suggestion to allocate funds from the pot to a beneficiary.
Beneficiary: An account who will receive the funds from a proposal if the proposal is approved.
Deposit: Funds that a proposer must lock when making a proposal. The deposit will be returned or slashed if the proposal is approved or rejected respectively.
Pot: Unspent funds accumulated by the treasury pallet.

Interface

Dispatchable Functions

General spending/proposal protocol:

propose_spend - Make a spending proposal and stake the required deposit.
reject_proposal - Reject a proposal, slashing the deposit.
approve_proposal - Accept the proposal, returning the deposit.