Dear Polkadex Community,

We hereby submit our proposal for funding support to cover the operation and maintenance fees associated with the Subscan Explorer services provided for Polkadex Parachain and Polkadex Mainnet.

## Service Details:
Subscan has been diligently providing the following essential services for Polkadex Parachain and Polkadex Mainnet:
- **Computing Resources:** Collecting and parsing chain data, and serving web user requests to ensure smooth network operations.
- **Database Storage:** Indexing and storing chain data for seamless data retrieval and accessibility.
- **Network Egress Bandwidth:** Maintaining optimal network performance to cater to web user requests.
- **Monitoring and DevOps:** Implementing an internal alerting pipeline and automation for stable network operations.
- **Node Status Monitoring and Notification:** Promptly notify the network development team of any issues.
- **Technical Support:** Offering comprehensive technical assistance for the networks' uninterrupted functioning.

## Summary of Current Charges:
In accordance with the cooperation contract and agreement signed by both parties, the details of the fees are as [follows](https://docs.google.com/document/d/13myM-sOI0Oy0NQpl6oKMvCUJo15avhICFs4Z4Ccm4PM/edit).

The expenses were previously covered directly by the Polkadex team. Starting from the most recent cycle, Polkadex has applied to utilize the treasury for payment, hence this proposal.

We kindly request funding support from the Polkadex Mainnet Treasury to cover the total amount due of US $11,426.1, and the amount of PDEX will be converted based on the EMA7 price.

**Exchange rate:**
- 2023-12-08 00:01:00 (+UTC), Block #5765544
- PDEX EMA7 Price ( USD ): 0.885545;
- Number of PDEX: 12902.901602
- [Price Converter](https://polkadex.subscan.io/tools/price_converter?from=USD&time=1701993600&to=PDEX&type=time&value=11426.1)

Securing this financial support will ensure the continued seamless functioning of the Polkadex Parachain and Polkadex Mainnet and sustain their growth and development. Your consideration of this proposal is highly appreciated. For any further details or clarifications, please do not hesitate to contact us.

Thank you for your attention and support!

View detail [here](https://docs.google.com/document/d/13myM-sOI0Oy0NQpl6oKMvCUJo15avhICFs4Z4Ccm4PM/edit).

Problem Statement:
- The Polkadex team is requesting funding support from the Polkadex Mainnet Treasury to cover the operation and maintenance fees for the Subscan Explorer services provided for Polkadex Parachain and Polkadex Mainnet.

Significance:
- Securing financial support will ensure the continued seamless functioning of the Polkadex networks and sustain their growth and development.

Proposed Solution:
- Requesting funding support to cover the total amount due of US $11,426.1 for the operation and maintenance fees of the Subscan Explorer services.

Expected Outcomes:
- Continued smooth network operations and accessibility for Polkadex Parachain and Polkadex Mainnet.

Funding Proposal for Polkadex Parachain and Polkadex Mainnet Operation and Maintenance Fee

No Active Proposals