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polkascan / social-contract

Polkascan Social Contract
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Recurring payments #8

Open emielsebastiaan opened 4 years ago

emielsebastiaan commented 4 years ago

I don't very much like the methods we currently use for "recurring prepayment" (repeated treasury proposals, which are manual, stressful) - and would really like to trial using either the scheduler (when it's in, pretty soon hopefully) or vested_transfer (different usecases - scheduler can be canceled, vested_transfer is more for "Hey, thanks, but stick with us.") to fund obvious public-goods like block explorers and (decentralized) infrastructure providers. Would polkascan be amenable to taking funding in this manner, presumably for future payments? (No concerns about the first two payments detailed in this proposal.

emielsebastiaan commented 4 years ago

Our use-case would indeed benefit from an on-chain scheduler as described. That said, it does not yet exist and there is no reason execution of this proposal should be dependent on such a scheduler. A scheduler would perhaps make things easier; we will see. I suppose we would need a stable-coin payment scheduler to make it work for our use-case. Three month intervals provide a right balance between pragmatism, trust and overhead in my opinion. Polkascan Foundation is not running off with this money. There could be a justifiable concern any other cases, but not in ours I would argue.

emielsebastiaan commented 4 years ago

A new recurring payments feature might be of interest: https://kusama.polkassembly.io/post/141