[MS] DOT #1586 - Merkle Science paving the way for institutional adoption and DeFi Innovation
closed
Description

https://polkadot.subsquare.io/referenda/1586

Merkle Science has a Medium Spender Proposal for the Polkadot community to support the growth of the Asset Hub. They will help with compliance and security, making it easier for financial institutions and startups to work within the Polkadot ecosystem. This will help protect users and promote DeFi innovation. They are also working on cross-chain tracing solutions to improve security. You can find more information on their proposal and contact them through the provided links.

Appendants
1
#1
2mo ago

🟢 0 • 🔴 4 • ⚪️ 3
5-member quorum not met.
Vote #1: NAY
10 available members.
No CoI reported. DV delegation exercised.
https://polkadot.subscan.io/extrinsic/26373984-3
https://polkadot.subsquare.io/referenda/1586#6

Optionssingle

Votes·10

167Y...TY9F
167Y...TY9F
167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F
Abstain
Abstain
Seems there is some misleading information in the proposal, will let other DAO members decide.
1xzc...1bX6
1xzc...1bX6
1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6
Nay
Nay
The proposal seems to contain misleading information.
1ZSP...vx6w
1ZSP...vx6w
1ZSPR3zNg5Po3obkhXTPR95DepNBzBZ3CyomHXGHK9Uvx6w
Abstain
Abstain
I would like to see W3F and Parity confirm that they have approached Merkle Science to bring support to Asset Hub, given this is referenced in the proposal but doesn't have attribution.
15fT...yBzL
15fT...yBzL
15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL
Nay
Nay
Merkle Science should develop Asset Hub support themselves as a business investment, and then the interested teams (Helikon would be one) should purchase licenses from them. With this proposal, Merkle Science is basically making the treasury pay for their own business assets, and also charging the treasury for the licenses to be provided for the listed Polkadot teams. Totally unfair. Nay.
14Gn...YLEh
14Gn...YLEh
14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh
Abstain
Abstain
I feel that I am not clear on the picture raised by Merkle Science within the process. I prefer to abstain.
14gM...deVb
14gM...deVb
14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb
Nay
Nay
The proposed content is not much clear and some parts are not attractive to me. In milestone 1, the price for token transaction monitoring and fund flow analysis looks too high.
12Kt...DCoJ
12Kt...DCoJ
12KtA8mtfsK1CyQb4utLiwG3ao22z77w2cM2GqnaL2RiDCoJ
Nay
Nay
Align with other nay comments/concerns. Would prefer to see a proposal that is more fair to/better deal for Polkadot.
12s6...nE8h
12s6...nE8h
12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h
Abstain
Abstain
The consequences of the proposal are uncertain to us, so we abstain with our vote.
13ED...KQbF
13ED...KQbF
13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF
Nay
Nay
This doesn't show ecosystem alignment, and has inflated costs.
12Hi...E9N3
12Hi...E9N3
12His7t3EJ38tjdBbivUzWQeaNCLKfMqtKp1Ed3xHMyCE9N3
Nay
Nay
My initial vote on this is NAY until more information surfaces to confirm that the team was approached by Parity, W3F.

Discussions·0

No current comments
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Information
Members
9
Timestamp
Created
May 30 2025 16:31
Start date
May 30 2025 00:00
End date
Jun 29 2025 00:00
Results
Voters
10
one-person-one-vote
Aye
0 VOTE
 
Nay
6 VOTE
 
Abstain
4 VOTE
 
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