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pezkuwi-subxt/substrate/frame/treasury
wigy 535325d2e6 Upgrading parity-scale-codec to v3 (#10825)
* Upgraded dependencies

* Adapting code to scale v3

* Empty commit to trigger CI

* Triggering CI

* Fixing UI test

* Remove superfluous dev-dep added by #9228

* Cryout for CI
2022-02-24 15:34:34 +01:00
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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.