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Oliver Tale-Yazdi
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* Fix build profiles Closes https://github.com/paritytech/polkadot-sdk/issues/1155 Signed-off-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io> * Manually set version to 1.0.0 Signed-off-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io> * Use workspace repo Signed-off-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io> * 'Authors and Edition from workspace Signed-off-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io> --------- Signed-off-by: Oliver Tale-Yazdi <oliver.tale-yazdi@parity.io>
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.