This is a follow-up to [discussion thread #2395](https://polkadex.polkassembly.io/post/2395) by [@0e2438f5e0df40f4a49b6a7ee](/user/0e2438f5e0df40f4a49b6a7ee) 

**Amount:** Increase the earmarking from 150,000 PDEX to 225,000 PDEX for a future, post-crowdloan spend proposal to cover crowdloan rewards in PDEX

**Short Description:** The Polkadex parachain lease secured in auction #16 thanks to the original Polkadex crowdloan in 2022 ends April 9th, 2024. Polkadex has been amassing support for its parachain slot renewal bid, heading into auction #65 with a commanding lead… **until today.**


### **Background**

**[An anonymous, self-funded crowdloan has bid 50,095 DOT at once](https://parachains.info/auctions) to push Polkadex to second place with 47,575 DOT contributed as of the time of writing.** 

With auction #65’s ending period commencing on Monday March 18th at 8pm UTC, Polkadex must reclaim the lead before then (and remain in the lead throughout) for optimal chances at an auction #65 win. If auction #65 does not go our way, we only get one more shot (auction #66) before the existing Polkadex parachain lease expires and potentially impacts operations.


### **Proposal**
In order to maximize Polkadex’s chances to renew its parachain lease and thus ensure operations remain unaffected, we are proposing an increase of 75,000 PDEX to be added to the [previously earmarked amount of 150,000 PDEX](https://polkadex.polkassembly.io/post/2395), for a total maximum spend of 225,00 PDEX.

The extra PDEX will allow for the rewards cap of 50,000 DOT to be extended to 75,000 DOT, ensuring DOT contributions keep flowing in beyond the previous cap of 50,000 DOT and giving Polkadex better options to compete for a bid against anonymous whales. 

Please use the poll function to show your support or lack thereof for this proposal. 


### **Contribute to the Polkadex Crowdloan**
If you’re seeing this, your support is much appreciated. 

You can [contribute to the Polkadex Crowdloan here](https://polkadex.trade/crowdloans). 

If you need some DOT, you can use Polkadex Orderbook to purchase DOT and then use it to contribute to the Polkadex Crowdloan. I made a tutorial for that [here](https://youtu.be/ICGhvMUkxFU?si=HgnZeH8XsIp367vd).
 
**This is not a treasury spend request** 

Like the [previous discussion thread](https://polkadex.polkassembly.io/post/2395), the current proposal does not request any funds but aims only to increase the previously earmarked total to up to 225,000 PDEX for future spending on crowdloan rewards. An actual request will be put forward once the crowdloan has ended, the lease has been renewed, and the final amount of PDEX rewards corresponding with the total contributed DOT amount is determined.

- **Problem Statement:** Increase earmarking from 150,000 PDEX to 225,000 PDEX to cover crowdloan rewards in PDEX for Polkadex's parachain lease renewal bid.
- **Significance:** To secure Polkadex's parachain slot renewal bid in auction #65 amidst competition and ensure operational continuity.
- **Proposed Solution:** Increase PDEX allocation by 75,000 to extend rewards cap to 75,000 DOT for better competitiveness.
- **Expected Outcomes:** Enhanced chances for Polkadex to win the auction, maintain operations, and secure necessary funds for crowdloan rewards.

#2404 URGENT: Increase PDEX Rewards for Crowdloan #2 Treasury Proposal

No Active Proposals