https://polkadot.subsquare.io/referenda/1695

• Snowbridge is a bridge between Polkadot and Ethereum.
• It has been working well for over a year with no problems.
• It is now used by 24 parachains, wallets, and apps.
• It has over $75M in value locked, making it the second biggest in Polkadot.
• The team wants to improve it with faster transfers and better tools.
• They are asking for $2.8M to fund the next year of work.
• Some money is for past work, and some is for future improvements.