Files
pezkuwi-subxt/substrate/frame/treasury
Liam Aharon 3717ec3802 Sync Cargo.toml and crates.io versions (#3034)
Related https://github.com/paritytech/polkadot-sdk/issues/3032

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Using https://github.com/liamaharon/cargo-workspace-version-tools/ 

`cargo run -- sync --path ../polkadot-sdk`

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Signed-off-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io>
Co-authored-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io>
2024-01-26 18:14:03 +00:00
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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.