[MS] DOT #1319 - Treasury Proposal for Funding the JAMTON Project

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[MS] DOT #1319 - Treasury Proposal for Funding the JAMTON Project - Milestone 1

13zn...P5ju

Terminated 4d 8hrs ago

terminated

Description

https://polkadot.subsquare.io/referenda/1319

JAMTON is a cross-chain layer that connects the TON ecosystem (with Telegram users) to the Polkadot ecosystem. It helps both ecosystems share users, liquidity, and tools. Key points include:

User Growth: JAMTON brings Telegram users to Polkadot, boosting engagement.
Liquidity: It allows TON token holders to add liquidity to Polkadot projects.
Features: JAMTON includes an EVM-compatible parachain, staking protocols, and a Telegram Mini App for easy access.
Development: A testnet and mainnet are already launched, with plans for more updates.
Funding: The project seeks $78,800 to continue development.

Optionssingle

Votes·3

1xzc...1bX6

1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6

Nay

# 2

We are not sure how much value this product will being to the ecosystem. If the end goal is to get telegram users to explore Polkadot, perhaps it would be better to allocate more resources to expand Telenova.

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Nay

# 2

Benefits are not clear to me.

15fT...yBzL

15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL

Nay

# 2

I find the proposal very complex. One path, for instance, is to transfer DOT to JAMTON, lock it there to get DOTON, and then stake DOTON to get stDOTON, etc. It gets unnecessarily complex. I would suggest them to build a very simple bridge first to allow the liquidity to flow in either direction, and then proceed with the rest of the mechanisms. Nay.