This referendum is to refund 2363.23 PICA to the IBC escrow account, while 0.0996 OSMO tokens in Picasso will be burnt to correct an error due to an incompatibility with the response of success acknowledgements coming from cross-chain ICS20 transactions, using ibc-hooks and packet forward middleware.


PolkaWorld proposes a social contract with the Polkadot treasury for operations and maintenance from June to August 2023 with main goal to continue supporting the Chinese community's education on Polkadot. Activities include publishing articles, hosting meetups, conducting online broadcasts, producing educational videos, and interviewing ecosystem teams. PolkaWorld emphasizes its extensive collaboration since 2019 and highlights past contributions, such as article publications and event hosting. The proposal underscores a commitment to regular reporting and provision of review processes for accountability.

Reward 20 collators of the Polkadot System Parachains for 2 month operational expenses. The tip amount varies from 59-512 $DOT.

Problem Statement:
- Incompatibility with response of success acknowledgements from cross-chain ICS20 transactions causing errors in the IBC escrow account.

Significance:
- Ensuring the correct functioning of the IBC escrow account and preventing errors.

Proposed Solution:
- Refund 2363.23 PICA to the IBC escrow account and burn 0.0996 OSMO tokens in Picasso.

Expected Outcomes:
- Correcting the error and ensuring the proper functioning of the IBC escrow account.

Rectify IBC transfer errors

No Active Proposals