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- SubSquare is a tool for managing blockchain projects like Bifrost on Polkadot and Kusama.
- They need money to keep their work going.
- The money will pay for:
  - Watching over the system every day.
  - Computers and email services.
  - Updating the system.
  - Fixing small problems.
- They are not asking for money to add new features because other groups are paying for that.
- They need $14,400 for the year, which is 57,600 BNC coins.

Executed

[Retroactive] Subsquare maintenance proposal for bifrost 2024

### Funding Proposal for Bifrost Operation and Maintenance

- **Purpose**: Request for funding to cover operation and maintenance fees for Subscan Explorer services on Bifrost.
- **Services Provided**: 
  - Computing resources, database storage, network bandwidth.
  - Monitoring, technical support, and node status notifications.
- **Current Charges**: Tiered pricing based on data usage.
  - Basic: Up to 200 GB at $799, then $5.3/GB.
  - Advanced: Up to 500 GB at $1,699, then $5.2/GB.
  - Professional: Up to 1 TB at $2,999, then $5/GB.
- **Usage Statistics**: 
  - Bifrost Network: 269.17 GB.
  - Bifrost Kusama Network: 213.77 GB.
- **Requested Amount**: $6,418, to be converted to BNC based on the EMA7 price.
- **Exchange Rate**: 
  - BNC EMA7 Price: $0.190143.
  - Number of BNC: 33,753.543385.
- **Impact**: Ensures smooth operation and growth of Bifrost networks.

2024-Q3-Bifrost Network-Subscan Funding Proposal for Operation and Maintenance Fee

SubSquare has submitted a proposal for funding support to cover the operation and maintenance fees associated with the Subscan Explorer services provided for Bifrost. Subscan has been providing essential services for Bifrost, including computing resources, database storage, network egress bandwidth, monitoring and DevOps, node status monitoring and notification, and technical support. The Subscan Maintenance Packages offer tiered pricing based on actual usage. SubSquare is requesting funding support from the Bifrost Treasury to cover the total amount due of $10,067.4 USD. The equivalent amount in BNC will be converted based on the EMA7 price.

[13] Origin: TreasurySpend