https://polkadot.subsquare.io/referenda/1682

• Snowbridge is a bridge between Polkadot and Ethereum, working well for over a year.
• It connects with 24 apps and services in Polkadot and has over $75M in value.
• The team plans to upgrade the bridge, add support for Ethereum L2 chains, and improve user experience.
• The proposal costs $3.1M, including past payments and future work.
• Payments are split into advance and completion-based funding.
• The plan removes incentives to reduce costs by $1.7M.
• The goal is to make Snowbridge faster, easier to use, and more decentralized.