The API Proposal

Exec Legacy Content

passed

Expected result

—

Turnout / Quorum

57.97% / 33.40%

Voting start 2022.11.20 at 16:11:40

Voting end 2022.11.27 at 16:11:40

73.60%

61 451 514 SCRT

Yes

4.79%

4 001 420 SCRT

0.00%

1 172 SCRT

Veto

21.61%

18 043 103 SCRT

Abstain

Details

Proposer

Total deposit

100 SCRT

Submit time

2022.11.20 at 16:11:40

Deposit end time

2022.11.27 at 16:11:40

Description

This proposal is designed to incentivize a few teams to independently maintain a robust API for public use for the Secret Community. Each of these teams has proven an ability to deploy, respond to issues, and maintain APIs for the network. Each team will be compensated $150 monthly per secret node they offer in their cluster with a cap on incentives at up to 16 nodes per team for a period of three months.

The teams involved in the API Proposal have the following node allocation: 16x Secret LLC, 16x Trivium Network, 16x Secret Saturn, 16x Consensus.one, 8x Chain of Secrets.

The forum post for the API Proposal can be found here: https://forum.scrt.network/t/the-api-proposal/6581

The total ask is 52412 SCRT, calculated from the ask of 32,400$ at the current SCRT price of 0.68$ and including the 10% volatility buffer.

Places this has also been discussed:

Votes

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