Proponent: esm99RRxKvainDsRR6UHRcju4vNnAw1ouZEw64Yfn12tc6HpQ
Date: Oct 2 2024
Amount Requested: $1607.06 (11136.93 PDEX)
Short description: We are reaching out to kindly request additional funding to support our previously funded proposal. This request arises from unforeseen market fluctuations that have impacted our budget and jeopardized the quality of our project delivery.
Platform: <a href="https://pdexanalytics.com">https://pdexanalytics.com</a>
Previous Discussion: <a href="2424">https://polkadex.polkassembly.io/post/2424</a>
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Top-up Request for Previously Funded Proposal #53 (Analytics Platform Infrastructure)
Intro:
The need for quality insights and analysis is growing among DAOs. The Polkadex Analytics Platform provides a steady stream of relevant data and information for the Polkadex community to not only see how the Polkadex OrderBook is growing, but to also show it off to potential traders and the wider Polkadot and Crypto communities. The Analytics Platform also provides the Polkadex integrations with CoinMarketCap, CoinGecko and DefiLlama.
Issue Faced:
In our initial proposal, we requested USD $2,970 to cover the infrastructure and general maintenance costs of the Analytics platform for Q3 and Q4 of 2024. However, due to a 54% decline in the price of PDEX during the 30-day treasury proposal enactment period, the funds received amounted to only $1,362.93, creating a significant shortfall to cover the platform&rsquo;s infrastructure expenses. To address this gap, we are requesting an additional payment of $1,607.06 to ensure continued operation of the Analytics platform through the end of December. A new proposal will be submitted in January to secure funding for the next six months.
Conclusion:
We acknowledge that market fluctuations are an inherent risk. Nonetheless, we believe that approving this top-up request will strengthen the project's sustainability and support the broader objectives we aim to achieve together.
We sincerely appreciate your understanding and continued support.

Top-Up Request for Previously Funded Proposal #53

- Problem Statement: Requesting additional funding of $1607.06 due to market fluctuations impacting the budget for the Polkadex Analytics Platform infrastructure.
- Significance: Ensuring the quality and sustainability of the Analytics Platform for the Polkadex community and wider crypto audience.
- Proposed Solution: Requesting a top-up payment to cover the shortfall and maintain platform operations until December.
- Expected Outcomes: Strengthening project sustainability and ensuring continued delivery of insights and data for the community.

#2446 Top-Up Request for Previously Funded Proposal #53

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