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pezkuwi-subxt/substrate/frame/treasury
dependabot[bot] 688ac3d1c7 Bump serde from 1.0.162 to 1.0.163 (#14271)
* Bump serde from 1.0.162 to 1.0.163

Bumps [serde](https://github.com/serde-rs/serde) from 1.0.162 to 1.0.163.
- [Release notes](https://github.com/serde-rs/serde/releases)
- [Commits](https://github.com/serde-rs/serde/compare/v1.0.162...v1.0.163)

---
updated-dependencies:
- dependency-name: serde
  dependency-type: direct:production
  update-type: version-update:semver-patch
...

Signed-off-by: dependabot[bot] <support@github.com>

* bump ci

* bump ci for cumulus

* bump ci again

---------

Signed-off-by: dependabot[bot] <support@github.com>
Co-authored-by: dependabot[bot] <49699333+dependabot[bot]@users.noreply.github.com>
Co-authored-by: Sam Johnson <sam@durosoft.com>
2023-05-31 17:10:00 +00:00
..
2023-05-24 21:59:34 +00:00

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.